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1119 Simonton Street , B1, B2 And C

Key West, FL 33040
  • $1,699,000
  • STATUS: Active
  • ON SITE: 62 Days
  • MLS #: 606887
UPDATED: 48 min ago
$1,699,000
  • 2
    BEDS
  • 0.05
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,066
    SQFT
  • $1,594
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1953
County:

School Ratings & Info

Description

WELCOME TO THE CABANAS OF KEY WEST!! EXCELLENT INCOME PRODUCING PROPERTY LOCATED JUST 1 BLOCK FROM DUVAL ST AND IN THE X FLOOD ZONE! TWO CONDOS AND 1 VACANT BUILDABLE LOT! This complex is offered for sale in its entirety or split into Two spacious and beautifully done 1 bedroom condos and a 1600sf vacant buildable lot each side. Potential usage, combine the two 1 bedroom condos into 1 large 2-4 bedroom condo, transfer one of the units ROGOA/BPASS to lot and build additional large 2-3 bedroom unit. Or build a pool or continue use for parking. POTENTIAL TO CONVERT TO UP TO TWO 2-4 BEDROOM 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! 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! New Golf carts and scooter will be offered for sale. Plenty of 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/144075443
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1119 Simonton Street , B1, B2 And C Key West, FL 33040

  • Price: $1,699,000
  • Status: Active
  • On Site: 62 Days
  • Updated: 48 min ago
  • MLS #: 606887
2
Beds
3
Baths
0
½ Baths
0.05
Acres
1,066
SQFT
$1,594
$/SQFT
1953
Built
Neighborhood:
Old Town-S Of Truman
County:
Monroe
Area:
02 - Key West
Property Description
WELCOME TO THE CABANAS OF KEY WEST!! EXCELLENT INCOME PRODUCING PROPERTY LOCATED JUST 1 BLOCK FROM DUVAL ST AND IN THE X FLOOD ZONE! TWO CONDOS AND 1 VACANT BUILDABLE LOT! This complex is offered for sale in its entirety or split into Two spacious and beautifully done 1 bedroom condos and a 1600sf vacant buildable lot each side. Potential usage, combine the two 1 bedroom condos into 1 large 2-4 bedroom condo, transfer one of the units ROGOA/BPASS to lot and build additional large 2-3 bedroom unit. Or build a pool or continue use for parking. POTENTIAL TO CONVERT TO UP TO TWO 2-4 BEDROOM 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! 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! New Golf carts and scooter will be offered for sale. Plenty of 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 Fencing Land Size More than 1 Lot 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 DishwasherMicrowaveWasherRefrigeratorRangeOvenDryer Cooling Heating Ceiling Fans(s)Wall/Window Unit(s)Ductless Floor ComboWoodVinylTile Furnished Furnished Interior Features Built-in CabinetsWindow TreatmentsSmoke AlarmsDrapes/Blinds Incl Pre Wired Cable Windows Doors Double Hung WindowsWood WindowsGlass DoorsImpact Rstnce Doors

Property Features

Assoc Fee 0.00 Assoc Hoa YN No Assoc Right Of Refusal No City KEY WEST Condition Updated/Remodeled Control Depth 0 Deed Restrictions Unknown Fee Includes None 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 Min Rental Days 28.00 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 7061.81 Terms CashVAFHAConventional Title Negotiable Utilities Elect Separate MeterWater Separate MeterMunicipal SewerFKAA 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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