$2,600,000
$2,699,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
1075 Duval Street #R15 Key West, FL 33040
4 Beds
5 Baths
2,450 SqFt
Key Details
Sold Price $2,600,000
Property Type Condo
Sub Type Residential - Condo/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,450 sqft
Price per Sqft $1,061
Subdivision Duval Sq Ph 1 & 2 (1.0)
MLS Listing ID 609952
Sold Date 07/05/24
Style Condo
Bedrooms 4
Full Baths 4
Half Baths 1
Construction Status Frame
HOA Fees $3,179
HOA Y/N Yes
Rental Info Yes
Year Built 1987
Annual Tax Amount $17,217
Tax Year 2023
Property Sub-Type Residential - Condo/Townhouse
Property Description
TRANSIENTLY Licensed, nightly rentals allowed! Stunning Income producing Penthouse in the heart of Old Town is now available to be yours! Conveniently located in sought after Duval Square just steps from Key West's best shops, restaurants and World Famous Duval Street. Upon entering the rooftop neighborhood from the elevator you are welcomed with beautifully manicured pathways which lead you to the developers condo, this is the ONLY 4 BR Penthouse in Duval Square. As you enter the home you will be greeted with soaring ceilings and over 2400 Square feet of living space. This Duval Square condo was renovated in 2017 and provides all the modern amenities. On the first floor you will find living room, parlor, kitchen and the first floor bedroom with en suite bath. A half bath is conveinantly located off kitchen for guest use. The living room and parlor open up to your private balcony with lounge area to enjoy a cocktail or watch your favorite sporting event. Take the interior or exterior staircase to the second floor where you will find three comfortable bedrooms with en suite baths. The primary suite is light filled, spacious and includes a private balcony with clawfoot soaking tub. Amenities include a beautiful pool, cabana and seating area overlooking Duval Street. The perfect space to enjoy the Key West Sunshine while having a birds eye view of the action on Duval Street. A new AC system was just installed in 2024.Two covered parking spaces will convey with the sale. The home comes fully furnished with advance bookings already in place. Gross rental income for 2022 is 280K, 264K in 2023 and 170K ++ already on the books for 2024. This is your chance to own a beautifully appointed condo with transient license. You have a winner!
Location
State FL
County Monroe
Community Old Town-S Of Truman
Area 02 - Key West
Zoning HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl
Interior
Interior Features Drapes/Blinds Incl, Pantry, Window Treatments, Walk-in Closet(s), Storage, Smoke Alarms, Sky Light(s), Quartz Countertops, Elevator
Heating Central Air
Cooling Central Air
Flooring Combo, Tile, Laminate
Furnishings Furnished
Appliance Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Microwave, Freezer, Dryer, Disposal
Exterior
Exterior Feature Storage
Parking Features Garage
Pool Concrete, In Ground
Community Features Community Pool
Utilities Available Buyer to Verify, FKAA
Waterfront Description None
View No Waterview
Roof Type Metal Roof
Porch Deck, Open Porch/Balcony
Private Pool Yes
Building
Sewer Yes
Construction Status Frame
Others
SqFt Source Property Data Card
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Updated/Remodeled
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Bought with Berkshire Hathaway Knight & Gardner