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1119 Simonton Street , A1, A2, B, C1

Key West, FL 33040
  • $3,299,000
  • STATUS: Active
  • ON SITE: 67 Days
  • MLS #: 606127
Price Reduced
UPDATED: 66 min ago
$3,299,000
  • 4
    BEDS
  • 0.05
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 2,158
    SQFT
  • $1,529
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1953
County:

School Ratings & Info

Description

PRICE IMPROVEMENT!! WELCOME TO THE CABANAS OF KEY WEST!! EXCELLENT INCOME PRODUCING PROPERTY LOCATED JUST 1 BLOCK FROM DUVAL ST!! A hidden gem of 4 spacious and beautifully done 1 bedroom condos needing no work! Also included in price is 3200sf of additional buildable area to expand, build 1-2 separate structures, build a pool, and for parking. POTENTIAL TO CONVERT TO UP TO FOUR 2-4 BEDROOM STAND ALONE RENTAL UNITS! These adorable units have charm and character each with its own private porch for people watching and enjoying that morning fresh cup of coffee or evening cocktail! One unit with a private hot tub tucked away in the back. This property sits in the X flood zone so no flood insurance is required. A solid concrete structure with new metal roof installed in 2015 with a 50 yr warranty. Freshly painted with new AC units in each, new electronic door locks, new washers and dryers in each unit, new facia and soffits, new appliances, all new furnishings and decor, new Zinus green tea memory foam mattresses and all fresh new linens and supplies! All conveys with full asking price including the 2 brand new golf carts! Shed for storage and more and plenty of Private off street parking, which in Key West is worth a mint alone! Your guests will never want to leave!Also property is LOCATED IN A TRANSIENT RECEIVING ZONE. THIS PROPERTY HAS THE POTENTIAL TO APPLY FOR TRANSIENT IF OWN OR PURCHASE A TRANSIENT LICENSE WITH UNIT/BPASS. For more explanation please call agent. CURRENT USE IS INCOME PRODUCING MONTHLY VACATION RENTAL FOR ALL UNITS. EXCELLENT INVESTMENT WITH TONS OF OPTIONS FOR CONFIGURING UNITS AND BUILDING ADDITIONAL UNITS. LOCATION LOCATION LOCATION!

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Coco Plum Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.mymiddlekeys.com/homes/141900973
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1119 Simonton Street , A1, A2, B, C1 Key West, FL 33040

  • Price: $3,299,000
  • Status: Active
  • On Site: 67 Days
  • Updated: 66 min ago
  • MLS #: 606127
4
Beds
5
Baths
0
½ Baths
0.05
Acres
2,158
SQFT
$1,529
$/SQFT
1953
Built
Neighborhood:
Old Town-S Of Truman
County:
Monroe
Area:
02 - Key West
Property Description
PRICE IMPROVEMENT!! WELCOME TO THE CABANAS OF KEY WEST!! EXCELLENT INCOME PRODUCING PROPERTY LOCATED JUST 1 BLOCK FROM DUVAL ST!! A hidden gem of 4 spacious and beautifully done 1 bedroom condos needing no work! Also included in price is 3200sf of additional buildable area to expand, build 1-2 separate structures, build a pool, and for parking. POTENTIAL TO CONVERT TO UP TO FOUR 2-4 BEDROOM STAND ALONE RENTAL UNITS! These adorable units have charm and character each with its own private porch for people watching and enjoying that morning fresh cup of coffee or evening cocktail! One unit with a private hot tub tucked away in the back. This property sits in the X flood zone so no flood insurance is required. A solid concrete structure with new metal roof installed in 2015 with a 50 yr warranty. Freshly painted with new AC units in each, new electronic door locks, new washers and dryers in each unit, new facia and soffits, new appliances, all new furnishings and decor, new Zinus green tea memory foam mattresses and all fresh new linens and supplies! All conveys with full asking price including the 2 brand new golf carts! Shed for storage and more and plenty of Private off street parking, which in Key West is worth a mint alone! Your guests will never want to leave!Also property is LOCATED IN A TRANSIENT RECEIVING ZONE. THIS PROPERTY HAS THE POTENTIAL TO APPLY FOR TRANSIENT IF OWN OR PURCHASE A TRANSIENT LICENSE WITH UNIT/BPASS. For more explanation please call agent. CURRENT USE IS INCOME PRODUCING MONTHLY VACATION RENTAL FOR ALL UNITS. EXCELLENT INVESTMENT WITH TONS OF OPTIONS FOR CONFIGURING UNITS AND BUILDING ADDITIONAL UNITS. LOCATION LOCATION LOCATION!
Exterior Features

Above Flood Yes Building Style Ground Level Construction CbsConcrete Dockage None Exterior Features FencingHot TubShedStorage Land Size More Than 1 Lot Lot Size 3983Sf+1216Sf+1301Sf+1590Sf = 8090Sf Total Pool YN No Porch Balcony Open Porch/BalconyPatio Roof Metal Roof Shutters Accordion Side Median Style Multi-Units Vehicle Storage Guest ParkingOff Street ParkingRv Parking Open Vehicle Storage Cars 4+ Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances DishwasherDryerMicrowaveOvenRangeRefrigeratorWasher Cooling Heating Ceiling Fans(S)DuctlessWall/Window Unit(S) Floor ComboTileVinylWood Furnished Furnished Interior Features Built-In CabinetsDrapes/Blinds InclSmoke AlarmsStorageWindow Treatments Pre Wired Cable Windows Doors Double Hung WindowsGlass DoorsImpact Rstnce DoorsWood Windows

Property Features

Accessibility Features Parking Assoc Fee 0.00 Assoc Hoa YN Yes Assoc Right Of Refusal No City Key West Control Depth 0 Deed Restrictions Unknown Fee Includes Bldg Exterior MntCommon Area MntNone Flood Zone X Key West Neighborhood Old Town-S Of Truman License Info Non Trans Rntl Lic Listing Board Key West Association Mile Marker 1.00 Off Shore Island No Pets Pets Allowed Public Sewer Hookup Yes Rentals Allowed With Restrictions Security No Security Species List No Sq Ft Source Tax Records Tax Exemptions None Tax Year 2022 Taxes 18295.00 Terms CashConventionalSeller Finance PsbleVa Title Negotiable Utilities Elect Separate MeterFkaaMunicipal SewerWater Separate Meter Zoning Hnc(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med

Listing courtesy of Stacey Pillari of Berkshire Hathaway Knight & Gardner: .


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Coco Plum Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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