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901 Eisenhower Drive
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PRICED AT ONLY: $4,975,000

Address: 901 Eisenhower Drive, KEY WEST, FL 33040

Description

Ahoy, dreamers and visionaries! Step into the pages of Key West history with this captivating waterfront property, whispering tales of Old Town charm from its perch on the edge of paradise. Built before 1912, and lovingly held by the same family for over a century, this sprawling 15,609 square foot lot, zoned General Commercial, awaits your masterpiece. Picture a bustling restaurant serving up fresh seafood and island vibes, a charming boutique hotel nestled amidst tropical gardens, or a tranquil marina where sailboats sway in the gentle breeze. The possibilities are as endless as the ocean views. This unique property boasts a legal five unit multi family configuration, including a historic main house and a separate cottage. The main house features four units with a total of 5 bedrooms and 4 bathrooms, perfect for accommodating guests or creating a vibrant community. Meanwhile, the charming cottage, with its 2 bedrooms and 1 bathroom, offers a private oasis for rest and relaxation. Nestled beside Garrison Bight, a stone's throw from Bayview Park and Tennis Courts, and just a bike ride away from some of the island's most stunning beaches and attractions, this location is a true Key West treasure. Now, for the fine print: the property is currently tenant occupied, so please allow 48 hours notice for viewings (and you might not be able to see all units in one go). Savvy investors should verify restoration and development rights to unlock the full potential of this historic gem. Ready to set sail on a new adventure? This once in a lifetime Key West investment is calling your name. Don't miss out on the chance to turn your dreams into reality!

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More Like This
  • MLS#: 613721 ( Apartment 3 or more,Boat Sales/Service,Other Comrcl Style,Marina,Restaurant,Office Buildings )
  • Street Address: 901 Eisenhower Drive
  • Viewed: 2
  • Price: $4,975,000
  • Price sqft: $0
  • Waterfront: No
  • Waterfront Type: Bay Front
  • Year Built: 1912
  • Bldg sqft: 0
  • Bedrooms: 6
  • Total Baths: 5
  • Full Baths: 5

Description

Ahoy, dreamers and visionaries! Step into the pages of Key West history with this captivating waterfront property, whispering tales of Old Town charm from its perch on the edge of paradise. Built before 1912, and lovingly held by the same family for over a century, this sprawling 15,609 square foot lot, zoned General Commercial, awaits your masterpiece. Picture a bustling restaurant serving up fresh seafood and island vibes, a charming boutique hotel nestled amidst tropical gardens, or a tranquil marina where sailboats sway in the gentle breeze. The possibilities are as endless as the ocean views. This unique property boasts a legal five unit multi family configuration, including a historic main house and a separate cottage. The main house features four units with a total of 5 bedrooms and 4 bathrooms, perfect for accommodating guests or creating a vibrant community. Meanwhile, the charming cottage, with its 2 bedrooms and 1 bathroom, offers a private oasis for rest and relaxation. Nestled beside Garrison Bight, a stone's throw from Bayview Park and Tennis Courts, and just a bike ride away from some of the island's most stunning beaches and attractions, this location is a true Key West treasure. Now, for the fine print: the property is currently tenant occupied, so please allow 48 hours notice for viewings (and you might not be able to see all units in one go). Savvy investors should verify restoration and development rights to unlock the full potential of this historic gem. Ready to set sail on a new adventure? This once in a lifetime Key West investment is calling your name. Don't miss out on the chance to turn your dreams into reality!
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Features
Building and Construction
  • Construction: Frame
  • Floor: Tile, Wood
  • Net Leasable Area: 3788.00
  • Roof: Metal Roof
  • Sqft Source: Tax Records
  • Total Number Of Units: 5.00
Property Information
  • Property Group Id: 19990816212135227274000000
  • Property Rights: Transfer Bldg Rights, Multi-Use/Commercial, Other/See Remarks
Garage and Parking
  • Vehicle Storage Car S: 4+
  • Vehicle Storage: Common Parking, Off Street Parking, Guest Parking
Eco-Communities
  • Off Shore Island: No
  • Water View: Bay/Gulf View
Utilities
  • Cooling: Wall/Window Unit(s), Ceiling Fans(s)
  • Electric: Circuit Breakers, Single Phase
  • Kw Neighborhood: The Meadows
  • Utilities: FKAA, Separate Meters, Buyer to Verify, Municipal Sewer
  • Windowsdoors: Jalousie Windows, Other Windows/Doors, Aluminum Windows
Finance and Tax Information
  • Association Info Association Fee: 0.00
  • Fee Includes: None
  • Property Info Cash Flow Pre Tax: 100800.00
  • Tax Year: 2024
  • Tenant Paid: Water, Electric, Cable
Other Features
  • Alternate Key Num: 1024015
  • Appliances: Refrigerator, Dishwasher, Dryer, Washer, 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 Seawall: Rip Rap
  • Dockage: Basin, Other Dockage
  • Flood Zone: AE, AE
  • Interior Features: Smoke Alarms, Cathedral Ceilings
  • Legal Description: KW BENJ ALBURYS SUBD PB1-3 PT LOT 11 & ALL LOT 12 OF TR 7 Y-586 B3-150 OR393-833/34 OR117-41/42 OR186-490/91 OR771-402/
  • Limitd Reprsntation: No
  • Mile Marker: 2.00
  • Misc Property Info Recorded Plat: Yes
  • Miscellaneous: Residence on Premise, High Visibility, High Traffc Location
  • Parcel Num: 00023230-000000
  • Side: Bay/Gulf
  • Species List: No
  • Style: Commercial
  • Year Established: 0000-00-00
  • Zoning: CG - General Commercial
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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