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923 Toppino Drive, Key West, FL 33040

$2,900,000
Property Type: Commercial Lot Size (sq. ft.): 28,183 Status: Closed
Current Price: $2,900,000 List Date: 5/30/2013 Last Modified: 9/09/2024

Overview

Description

A rare Key West strip center available for sale. Toppino Drive Shopping Center is home to the Key West Surgery Center, the anchor tenant, which completed a massive renovation of their facility in 2008 which included a new roof for the entire center, new parking lot and major upgrades to the utilities feeding the center. The center contains four units (two of which are occupied by H & R block) and is above flood level making it a perfect medical, office or retail facility. This property is perfect for an investor looking for security or a user that wants to take advantage of historically low interest rates and rental income from the surrounding tenants. This property would also be a perfect 1031 Exchange candidate.

Listing Details MLS# 118142

Location, Tax & Legal

Street #
923
Street Name
Toppino
Street Suffix
Drive
Key/Island
Key West
State/Province
FL
Zip Code
33040
Subdivision
Old Town - Unlisted (1.0)
County
Monroe
Area
03 - Key West
KW Neighborhood
New Town
City
KEY WEST
Mile Marker
3
Side
Bay/Gulf
Alternate Key #
8744218
Bldg Nbr
No
Zoning
CG - General Commercial
Taxes
28632
Tax Year
2013

Contract Information

Listing Board
Key West Association
Limited Representation
No
As is Rght to Inspct
No
For Sale/Lease
For Sale
Potential Short Sale
No
Bank Owned
No

General Property Description

Realtor.COM Type
Commercial
Style
Commercial
Lot SqFt
28183
Waterfront
No
Business Name
Toppino Dr. Shopping
Building SqFt
11565
Year Built
1990
# Parking Spaces
No
# Stories
0
Building Ht. Ft.
0
Total # Buildings
0

Status Change Info

Sold Date
2015-02-26

Association Info

Mandatory Home Owners Asc
No
Association Fee $
0

Financial Status

Bank Owned
No
Potential Short Sale
No

More Information

Remarks & Misc

Remarks – Consumer
A rare Key West strip center available for sale. Toppino Drive Shopping Center is home to the Key West Surgery Center, the anchor tenant, which completed a massive renovation of their facility in 2008 which included a new roof for the entire center, new parking lot and major upgrades to the utilities feeding the center. The center contains four units (two of which are occupied by H & R block) and is above flood level making it a perfect medical, office or retail facility. This property is perfect for an investor looking for security or a user that wants to take advantage of historically low interest rates and rental income from the surrounding tenants. This property would also be a perfect 1031 Exchange candidate.

Deed Restrictions

Unknown
Yes

Type

Office Buildings
Yes
Other Comrcl Style
Yes
Professional Service
Yes
Retail
Yes
Shop/Strip Center
Yes

Dockage

None
Yes

Property Info

Gross Annual Expense
0
NOI
0

Cooling

Central Air
Yes

Construction

CBS
Yes

Land Size

1/2 - Less Than 1 AC
Yes

Utilities

FKAA
Yes
Municipal Sewer
Yes

Miscellaneous

High Traffc Location
Yes
High Visibility
Yes

Property Features

Deed Restrictions: Unknown Type: Office Buildings; Other Comrcl Style; Professional Service; Retail; Shop/Strip Center Dockage: None Cooling: Central Air Utilities: FKAA; Municipal Sewer Miscellaneous: High Traffc Location; High Visibility Construction: CBS Land Size: 1/2 - Less Than 1 AC
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: September - 09 - 2024
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.