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1122 Simonton Street
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PRICED AT ONLY: $2,750,000

Address: 1122 Simonton Street, KEY WEST, FL 33040

Description

Excellent income producing rental property or employee housing with 5 units. All apartments are currently rented at below market rents. With its downtown location, low flood risk, turn key income, and transient receivership zone, this property is perfectly positioned for savvy investors. Three 1bed 1bath units, One 2 bed 1 bath unit and one studio. Please note that advanced notice is required to arrange showings, and not all units may be available for viewing as they are currently rented.No sign on property

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More Like This
  • MLS#: 611875 ( Apartment 3 or more )
  • Street Address: 1122 Simonton Street
  • Viewed: 4
  • Price: $2,750,000
  • Price sqft: $0
  • Waterfront: No
  • Waterfront Type: None
  • Year Built: 1913
  • Bldg sqft: 0
  • Bedrooms: 5
  • Total Baths: 5
  • Full Baths: 5

Description

Excellent income producing rental property or employee housing with 5 units. All apartments are currently rented at below market rents. With its downtown location, low flood risk, turn key income, and transient receivership zone, this property is perfectly positioned for savvy investors. Three 1bed 1bath units, One 2 bed 1 bath unit and one studio. Please note that advanced notice is required to arrange showings, and not all units may be available for viewing as they are currently rented.No sign on property
Request More Information
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Features
Building and Construction
  • Construction: Frame
  • Net Leasable Area: 2587.00
  • Num Stories: 2.0
  • Sqft Source: Tax Records
  • Total Number Of Units: 5.00
Property Information
  • Property Group Id: 19990816212135227274000000
Eco-Communities
  • Off Shore Island: No
  • Water View: No Waterview
Utilities
  • Kw Neighborhood: Old Town-S of Truman
  • Utilities: FKAA, Separate Meters, Buyer to Verify
Finance and Tax Information
  • Fee Includes: None
  • Tax Year: 2023
Other Features
  • Alternate Key Num: 1028398
  • Appliances: Refrigerator, Range
  • As Is Rght To Inspct: Yes
  • Association Info 1st Right Of Refusal: No
  • Association Info Mandatory Home Owners Asc: No
  • Deed Restrictions: No
  • Dockage: None
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Legal Description: KW PT LOT 1 SQR 5 TR 11 H1-257 OR453-509/10 OR645-480 OR1175-716/17 OR2095-2251/52 OR2114-1313/14
  • Limitd Reprsntation: No
  • Mile Marker: 1.00
  • Parcel Num: 00027610-000000
  • Side: Ocean
  • Species List: No
  • Style: Commercial
  • Year Established: 0000-00-00
  • Zoning: HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
Nearby Subdivisions
Benj Alburys Subd (2.0)   Blvd Professional (3.0)   Coral Estates (2.0)   Duval Sq Ph 1 & 2 (1.0)   Filer Boyle Sub (1.0)   Gardens Of Key West (1.0)   Gg Watson Sub (1.0)   Gwynn Sub (1.0)   Hilton Haven Sec 2 A (2.0)   Island City Sub (2.0)   Jack Sq Prof Cent (1.0)   Key West Prof Plaza (2.0)   Key West Realty Cos Sub (3.0)   Luani Plaza (3.0)   Macros Subd (2.0)   Moffats Sub (2.0)   Monroe Investement Co Sub (2.0   New Town - Unlisted (2.0)   New Town - Unrecord (3.0)   Offices At Northside (3.0)   Old Town - Unlisted (1.0)   Old Town - Unrecord (1.0)   Riviera Shores (3.0)   Seafoam (2.0)   Truman Ave Condo (1.0)   Viva Varela (1.0)   W C Maloney Diagram (2.0)   Webb Realty Co Sub (1.0)  
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