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737 Olivia Street
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PRICED AT ONLY: $1,650,000

Address: 737 Olivia Street, KEY WEST, FL 33040

Description

Price Reduced, Owner's motivated! This triplex is situated in a prime area of Old Town, just three blocks away from Duval Street. It presents an attractive investment opportunity with its three separate units, offering potential for rental income, extended family stays, or versatile usage. Constructed from concrete blocks in 1979, this property's main unit is currently occupied by the owners, who benefit from consistent rental earnings from the other two units, frequented by repeat monthly guests. Unit A comprises two bedrooms and one bath, spanning 768 sq. ft., while Units B and C are one bedroom, one bath units with 528 and 564 sq. ft. each. Each unit features its own laundry facilities and a private outdoor patio area perfect for relaxation. Additional conveniences include on site parking and storage. The property's strategic location, mere minutes from Duval Street, restaurants, bars, beaches, historical landmarks and waterfront attractions, enhances its appeal as a multi unit investment. Take the opportunity to explore this property today and envision its myriad possibilities!

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More Like This
  • MLS#: 612943 ( Multi-Family )
  • Street Address: 737 Olivia Street
  • Viewed: 9
  • Price: $1,650,000
  • Price sqft: $887
  • Waterfront: No
  • Waterfront Type: None
  • Year Built: 1979
  • Bldg sqft: 1860
  • Bedrooms: 3
  • Total Baths: 3
  • Full Baths: 3
  • Days On Market: 217

Description

Price Reduced, Owner's motivated! This triplex is situated in a prime area of Old Town, just three blocks away from Duval Street. It presents an attractive investment opportunity with its three separate units, offering potential for rental income, extended family stays, or versatile usage. Constructed from concrete blocks in 1979, this property's main unit is currently occupied by the owners, who benefit from consistent rental earnings from the other two units, frequented by repeat monthly guests. Unit A comprises two bedrooms and one bath, spanning 768 sq. ft., while Units B and C are one bedroom, one bath units with 528 and 564 sq. ft. each. Each unit features its own laundry facilities and a private outdoor patio area perfect for relaxation. Additional conveniences include on site parking and storage. The property's strategic location, mere minutes from Duval Street, restaurants, bars, beaches, historical landmarks and waterfront attractions, enhances its appeal as a multi unit investment. Take the opportunity to explore this property today and envision its myriad possibilities!
Request More Information
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Features
Building and Construction
  • Absolute Longitude: 81.796442
  • Construction: Concrete, Combo Construction
  • Exterior Features: Fencing, Storage, Shed, Outdoor Shower, Detached Guest Qtrs
  • Floor: Tile, Laminate, Wood
  • Porchbalcony: Open Porch/Balcony, Deck
  • Roof: Metal Roof
  • Sqft Source: Tax Records
  • Total Number Of Units: 0.00
Property Information
  • Property Group Id: 19990816212109142258000000
Eco-Communities
  • Water View: No Waterview
Utilities
  • Cooling: Wall/Window Unit(s)
  • Kw Neighborhood: Old Town-N of Truman
  • Pets: Pets Allowed
  • Pub Sewer Hkup: Yes
  • Utilities: FKAA
Finance and Tax Information
  • Association Info Association Fee: 0.00
  • Fee Includes: None
  • Tax Year: 2023
Rental Information
  • Min Rental Days: 28.00
  • Rentals Allowed: With Restrictions
Other Features
  • Accessibility Feat: Parking
  • Alternate Key Num: 1020257
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator, Dryer
  • Association Info 1st Right Of Refusal: No
  • Association Info Mandatory Home Owners Asc: No
  • Deed Restrictions: Unknown
  • Dockage: None
  • Flood Zone: AE, 0.2 PCT ANNUAL CH
  • Furnished: Furnished, Negotiable, Partially
  • Legal Description: KW PT OF TR 5 OR265-513/15 OR547-292 OR547-364 OR683-542 OR757-1673/74 OR781-1599 OR988-337 OR1554-2331/33 OR1589-2120/2
  • Limitd Reprsntation: No
  • Mile Marker: 1.00
  • Parcel Num: 00019570-000000
  • Side: Median
  • Style: Multi-Units
  • Zoning: HMDR - Historic Medium Density Residential
Nearby Subdivisions
Benj Alburys Subd (2.0)   D T Sweenys Dia (1.0)   Gg Watson Sub (1.0)   Gwynn Sub (1.0)   Key West Investment Co Sub (1.   Key West Realty Cos Sub (3.0)   Macros Subd (2.0)   Maloney Sub (5.0)   Maloney Sub Subdivision (5.0)   Moffats Sub (2.0)   Old Town - Unlisted (1.0)   Old Town - Unrecord (1.0)   Pearlman Heights (4.0)   Prog Land Imp Co Diag (2.0)   Sunshine Sub Plat 3 (3.0)   Tropical Bldt & Investment Co    Truman Ave Condo (1.0)   W C Maloney Diagram (2.0)   Webb Realty Co Sub (1.0)  
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