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700-714 Thomas Street
KEY WEST, Florida FL 33040
Price: $4,950,000
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Listing ID: 583417
Status: Active
Bedrooms: 11 Bed
Total Baths: 5.1 Bath
Full Baths: 5 Bath
Partial Baths: 1 Bath
SqFt: 5,210 Sq Ft
Year Built: 1918

5 Licensed Transient Rental Houses.Excellent investment opportunity - low operating expenses, positive cash, owner financing. Private gated income producing rental compound located (2) blks from center of Duval St. One of the largest residential parcels in Old Town Key West. 5 existing residential rental units, approved plans & permit to build a new 2 story, 6th residence on corner.

Primary Features

Half Baths: 1
Subdivision: Old Town - Unlisted (1.0)
Year Built: 1918
Zoning: HMDR - Historic Medium Density Residential


1st Right of Refusal: no
Accounts & Meters: Sewer Rating: 6
As Is/Right To Inspect: yes
Business Name: Bahama Gardens, Ltd.
Control Depth: 0
Deed Restrictions: No
Electric: Circuit Breakers
Electric Meters: 5
FEMA List: yes
License Info: Non Trans Rntl Lic
Miscellaneous: Hot Tub, Manager on Premises, Pool, Residence on Premise, Security System, Sprinkler System, Storage
Number of City License: 5
Number of County License: 5
Number of Transient License: 5
Property Info: License Included
Property Rights: Multi-Use/Commercial, Tranfrble Bldg Prmt, Transient License
Sewer Accounts: 6
Shutters: Bahama, Storm Shutters
Total Number of Buildings: 6
Total Units: 5
Type 2: Other Comrcl Style
Utilities: FKAA, Municipal Sewer, Propane Gas, Separate Meters, Well
Vehicle Storage: Car(s): 3
Water Meters: 6
Windows/Doors: Double Hung Windows, French Doors, Glass Doors, Wood Windows
Year Established: 1989-01-01

Location Information

Area: 02 - Key West
Key/Island: Key West
KW Neighborhood: Old Town-N of Truman
Parcel Number: 1013773

Interior Features

Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
Cooling/Heating: Ceiling Fans, Central A/C, Heat, Window/Wall Unit
Floor: Carpet, Laminate, Tile Floor
Interior Features: Drapes/Blinds Incl, Smoke Alarms
Number of Dishwashers: 1
Number of Dryers: 3
Number of Kitchens: 5
Number of Range/Ovens: 5
Number of Refrigerators: 5
Number of Stories: 2
Number of Washers: 3
SqFt Source: Seller

Financial Details

Bank Owned: no
Fee Includes: Bldg Exterior Mnt, Building Insurance, Cable, Common Area Mnt, Sewer, Water
Financial Status: Bank Owned: no
Financial Status: Potential Short Sale: no
For Sale/Lease: For Sale
HOA: no
Net Leasable Area: 5210
Potential Short Sale: no
Tax Year: 2018
Taxes: 18186
Tenant Paid: Cable, Electric, Garbage, Insurance, Sewer, Taxes, Water
Terms: Seller Finance Psble

External Features

Construction: Frame
Dockage: None
Land Size: Less Than 1/4 Acre
Lot Size: 108'x49' + 98'x54'
Lot SqFt: 10584
Number of Parking Spaces: 3
Off Shore Island: no
Off Street Parking: Yes
Roof: Metal Roof
Side: right
Style: Residential Income
Vehicle Storage: Off Street Parking
Waterfront: no
Waterfront Type: None
Waterview: No Waterview

Zoning Info

Area Info

©2019 Florida Keys MLS, Inc. The data relating to real estate for sale on this web site comes in part from the Florida Keys Multiple Listing Service. Listing courtesy of SAJ Investments, Inc (KW). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Data last updated: Monday, October 14th, 2019 at 10:49:34 AM.

Contact - Listing ID 583417

Leigh Ann Roach

1901 S Roosevelt, Unit #208S
Key West, FL 33040
Phone: 305-587-4535
Phone Alt: 305-587-4535

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