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  4. 2322-2324 Seidenberg Avenue, KEY WEST, FL 33040
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2322-2324 Seidenberg Avenue
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PRICED AT ONLY: $2,300,000

Address: 2322-2324 Seidenberg Avenue, KEY WEST, FL 33040

Description

Development Opportunity. (4) townhouse unit complex situated on a heavily landscaped 10,000 sq ft parcel. Comprised of (2) side by side duplexes legally subdivided as ( 4 ) individual, 750 sq ft licensed units, with (4) separate legal descriptions, parcel numbers, insurance policies, & utilities meters. At one time, there were four individual loans on each of the units as well.**** The only common area is the roof over each duplex, the shared wall between the units and walkways between, and on either side of each of the (2) duplexes. **** Each unit has its own laundry room addition directly off the kitchens with separate exterior screen doors (4) pairs of new washers & dryers. Current below market rents for each 2 bedroom, 1 bathroom unit runs between $2,225 to $2,900 with the lower rents soon to be increased.***** Always operated as a successful rental property, the units were never sold off, which is definitely the Highest and Best use of the complex. Added value would be to install a lap pool/ patio area in the 100' wide back yard as a common use amenity. 2nd option would be to provide a private pool area for each of the rear (2) units, giving each one half of the large rear yard, greatly increasing their sale value. Mature landscaping that has been well maintained surrounds the property and separates the units. Other valuable amenities are the over sized covered front porches with high open beamed ceilings offering additional square footage and valuable on site parking for 10 cars. The property has been continually well maintained painted, new air conditioners & water heaters replaced when needed and blinds & curtain rods on all windows. All roof screws were replaced & new ones added to code standards. ***** Under ''Documents Tab'', see the survey with legal descriptions for each unit, floor & site plan & aerial photo. (4) Windstorm, Flood, Fire & Liability policies in place. Call for additional information. Realtor owned.

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More Like This
  • MLS#: 610098 ( Townhome )
  • Street Address: 2322-2324 Seidenberg Avenue
  • Viewed: 11
  • Price: $2,300,000
  • Price sqft: $3,067
  • Waterfront: No
  • Waterfront Type: None
  • Year Built: 1963
  • Bldg sqft: 750
  • Bedrooms: 8
  • Total Baths: 4
  • Full Baths: 4
  • Days On Market: 445

Description

Development Opportunity. (4) townhouse unit complex situated on a heavily landscaped 10,000 sq ft parcel. Comprised of (2) side by side duplexes legally subdivided as ( 4 ) individual, 750 sq ft licensed units, with (4) separate legal descriptions, parcel numbers, insurance policies, & utilities meters. At one time, there were four individual loans on each of the units as well.**** The only common area is the roof over each duplex, the shared wall between the units and walkways between, and on either side of each of the (2) duplexes. **** Each unit has its own laundry room addition directly off the kitchens with separate exterior screen doors (4) pairs of new washers & dryers. Current below market rents for each 2 bedroom, 1 bathroom unit runs between $2,225 to $2,900 with the lower rents soon to be increased.***** Always operated as a successful rental property, the units were never sold off, which is definitely the Highest and Best use of the complex. Added value would be to install a lap pool/ patio area in the 100' wide back yard as a common use amenity. 2nd option would be to provide a private pool area for each of the rear (2) units, giving each one half of the large rear yard, greatly increasing their sale value. Mature landscaping that has been well maintained surrounds the property and separates the units. Other valuable amenities are the over sized covered front porches with high open beamed ceilings offering additional square footage and valuable on site parking for 10 cars. The property has been continually well maintained painted, new air conditioners & water heaters replaced when needed and blinds & curtain rods on all windows. All roof screws were replaced & new ones added to code standards. ***** Under ''Documents Tab'', see the survey with legal descriptions for each unit, floor & site plan & aerial photo. (4) Windstorm, Flood, Fire & Liability policies in place. Call for additional information. Realtor owned.
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Features
Building and Construction
  • Absolute Longitude: 81.776331
  • Construction: CBS, Concrete
  • Floor: Terrazzo
  • Porchbalcony: Open Porch/Balcony
  • Roof: Metal Roof
  • Sqft Source: Property Data Card
  • Total Number Of Units: 4.00
Property Information
  • Property Condition: Updated/Remodeled
  • Property Group Id: 19990816212109142258000000
Garage and Parking
  • Vehicle Storage: Off Street Parking
Eco-Communities
  • Water View: No Waterview
Utilities
  • Heating: Hot Water, Separate Meters
  • Kw Neighborhood: Midtown East
  • Pets: No Pets Allowed
  • Pub Sewer Hkup: Yes
  • Utilities: FKAA, Elect Separate Meter, Water Separate Meter, Community Swr Plant
  • Windowsdoors: Jalousie Windows
Finance and Tax Information
  • Association Info Association Fee: 1.00
  • Fee Includes: None
  • Tax Year: 2023
Rental Information
  • Min Rental Days: 30.00
  • Rentals Allowed: Yes
Other Features
  • Accessibility Feat: Parking
  • Alternate Key Num: 1047198
  • Appliances: Washer, Range, Refrigerator, Dryer
  • Association Info 1st Right Of Refusal: No
  • Association Info Condo Doc S: No
  • Association Info Mandatory Home Owners Asc: No
  • Deed Restrictions: No
  • Dockage: None
  • Flood Zone: AE
  • Furnished: Unfurnished
  • Interior Features: Smoke Alarms
  • Legal Description: KW KW REALTY CO'S FIRST SUB PB1-43 PT LOT 11 SQR 13 TR 21 A/K/A UNIT 3 & 1/4 INT IN PARCEL 6 & 1/2 INT IN PARCEL 7 OR27
  • Limitd Reprsntation: No
  • Mile Marker: 3.00
  • Parcel Num: 1047198
  • Shutters: Panel
  • Side: Median
  • Style: Townhouse
  • Views: 11
  • Zoning: MDR-1 - Medium Desnity Residential
Nearby Subdivisions
Bay Manor (3.0)   Benj Alburys Subd (2.0)   Casa Caselles (2.0)   Fogarty-harris Sub (1.0)   Gg Watson Sub (1.0)   Investment Co Sub (1.0)   Island City Sub (2.0)   Key Cove (2.0)   Key Estates (3.0)   Key West Estates (4.0)   Key West Fwdn Sub (4.0)   Key West Golf Club Dev (4.0)   Key West Investment Co Sub (1.   Key West Realty Cos Sub (3.0)   Land Buyers Assn (3.0)   Maloney Sub (5.0)   Mills Place (1.0)   Moffats Sub (2.0)   Monroe Investement Co Sub (2.0   New Town - Unlisted (2.0)   New Town - Unrecord (3.0)   Old Town - Unlisted (1.0)   Old Town - Unrecord (1.0)   Paradise Court (3.0)   Pearlman Est (4.0)   Porter Court (1.0)   Presidents Lane (1.0)   Prog Land Imp Co Diag (2.0)   Roosevelt Annex (2.0)   Sandspur Compound (3.0)   Seaside Key West Residences   Ser-deb Estates (3.0)   Solana Village (3.0)   Sunshine Sub Plat 1 (3.0)   Sunshine Sub Plat 3 (3.0)   The Foundry (1.0)   Villas Of Key West (3.0)   Windward Park (1.0)  
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