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1114 White Street
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PRICED AT ONLY: $2,795,000

Address: 1114 White Street, KEY WEST, FL 33040

Description

Prime Income Producing Property in Old Town on White St.An exceptional investment opportunity awaits in Old Town just south of Truman in the Gallery District on White Street. This 3,660 sq. ft. income producing property features four newly renovated (2023) commercial spaces and a legal leasable renovated residential apartment, offering a diverse and steady revenue stream.Located in the desirable X Flood Zone, this property is built for durability and peace of mind, featuring impact windows and doors throughout. It boasts three separate entrances, providing flexibility for tenants and potential owner occupants. The 650 SF area in the back of the commercial space makes an excellent location for special events such as parties, receptions and speciality dinners. Additionally, off street parking adds convenience for residents or businesses. The nearly 1300 SF renovated residential apartment boasts high ceilings, a gorgeous kitchen, bright living space, one large bedroom, two full bathrooms and a bonus room with built in trundle bed that could be used as a second bedroom. A unique live and work opportunity, this property is perfect for an investor or business owner looking to reside on site while generating income. A large storage shed (approximately 180 sq. ft.) on the south side of the building offers additional storage space or covered parking, enhancing the property's functionality.With excellent visibility, high foot traffic, and a strong tenant mix, this is a turnkey investment with long term appreciation potential. New owners will benefit from the gorgeous entire building renovation. Don't miss this chance to own a versatile, fully renovated, income generating property!

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More Like This
  • MLS#: 613587 ( Retail )
  • Street Address: 1114 White Street
  • Viewed: 4
  • Price: $2,795,000
  • Price sqft: $0
  • Waterfront: No
  • Waterfront Type: None
  • Year Built: 1945
  • Bldg sqft: 0
  • Bedrooms: 1
  • Total Baths: 4
  • Full Baths: 3
  • 1/2 Baths: 1

Description

Prime Income Producing Property in Old Town on White St.An exceptional investment opportunity awaits in Old Town just south of Truman in the Gallery District on White Street. This 3,660 sq. ft. income producing property features four newly renovated (2023) commercial spaces and a legal leasable renovated residential apartment, offering a diverse and steady revenue stream.Located in the desirable X Flood Zone, this property is built for durability and peace of mind, featuring impact windows and doors throughout. It boasts three separate entrances, providing flexibility for tenants and potential owner occupants. The 650 SF area in the back of the commercial space makes an excellent location for special events such as parties, receptions and speciality dinners. Additionally, off street parking adds convenience for residents or businesses. The nearly 1300 SF renovated residential apartment boasts high ceilings, a gorgeous kitchen, bright living space, one large bedroom, two full bathrooms and a bonus room with built in trundle bed that could be used as a second bedroom. A unique live and work opportunity, this property is perfect for an investor or business owner looking to reside on site while generating income. A large storage shed (approximately 180 sq. ft.) on the south side of the building offers additional storage space or covered parking, enhancing the property's functionality.With excellent visibility, high foot traffic, and a strong tenant mix, this is a turnkey investment with long term appreciation potential. New owners will benefit from the gorgeous entire building renovation. Don't miss this chance to own a versatile, fully renovated, income generating property!
Request More Information
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Features
Building and Construction
  • Construction: Concrete
  • Floor: Tile
  • Net Leasable Area: 3660.00
  • Num Stories: 1.0
  • Sqft Source: Property Data Card
  • Total Number Of Units: 0.00
Property Information
  • Property Group Id: 19990816212135227274000000
Garage and Parking
  • Vehicle Storage: Off Street Parking
Eco-Communities
  • Off Shore Island: No
  • Water View: No Waterview
Utilities
  • Cooling: Central Air, Ceiling Fans(s), Heat Pump
  • Electric: Single Phase
  • Heating: Central
  • Kw Neighborhood: Old Town-S of Truman
  • Utilities: FKAA, Municipal Sewer
  • Windowsdoors: Impact Rstnce Window, Impact Rstnce Doors
Finance and Tax Information
  • Fee Includes: None
  • Tax Year: 2023
Other Features
  • Alternate Key Num: 1033511
  • Appliances: Refrigerator, Dishwasher, Dryer, Washer, Disposal, 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
  • Interior Features: Furnished
  • Legal Description: KW GWYNN SUB O-195 PT LOT 6 SQR 2 TR 13 OR446-110 OR237-504 OR446-110 OR653-500 OR840-2292 OR840-2294 OR1206-1855 OR135
  • Limitd Reprsntation: No
  • Mile Marker: 1.00
  • Parcel Num: 00032750-000000
  • Side: N/A
  • Style: Residential Income
  • 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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