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Wade M. Berlin

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Tropic Shores Realty
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718 - 720 Caroline Street
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PRICED AT ONLY: $2,095,000

Address: 718 - 720 Caroline Street, KEY WEST, FL 33040

Description

Introducing a prime investment opportunity at 718 720 Caroline Street, Key West, FL now offered at a 6.5% cap rate. This historic property boasts a 3,424 SF building with three commercial units, offering versatile retail or street retail spaces for savvy investors. Built in 1918 this meticulously maintained property captures the essence of Key West's rich architectural heritage. With a current 100% occupancy rate, it presents a lucrative prospect for investors seeking a flourishing market with a strong tenant base. Don't miss the chance to own a piece of Key West's history and secure a profitable venture in this sought after commercial district. Businesses not for sale, please do no disturb the businesses.
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  • MLS#: 616452 ( Office Buildings,Other Services,Retail )
  • Street Address: 718 - 720 Caroline Street
  • Viewed: 17
  • Price: $2,095,000
  • Price sqft: $0
  • Waterfront: No
  • Waterfront Type: None
  • Year Built: 1918
  • Bldg sqft: 0
  • Total Baths: 3
  • 1/2 Baths: 3
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Features
Building and Construction
  • Construction: Frame
  • Net Leasable Area: 3424.00
  • Sqft Source: Seller
  • Total Number Of Units: 3.00
Property Information
  • Property Group Id: 19990816212135227274000000
Eco-Communities
  • Off Shore Island: No
  • Water View: No Waterview
Utilities
  • Kw Neighborhood: Old Town-N of Truman
  • Utilities: FKAA, Separate Meters, Municipal Sewer
Finance and Tax Information
  • Fee Includes: Exterminating, Common Area Mnt, Building Insurance
  • Tax Year: 2024
Other Features
  • Alternate Key Num: 8980907
  • Appliances: No Appliances
  • As Is Rght To Inspct: Yes
  • Association Info 1st Right Of Refusal: No
  • Association Info Mandatory Home Owners Asc: Yes
  • Dockage: None
  • Flood Zone: AE
  • Legal Description: UNIT 718-A CAROLINE STREET CONDOMINIUM OR2157-2357/58 OR2375-2417/19 OR2643-2188/89 OR2841-356/58
  • Mile Marker: 1.00
  • Parcel Num: 00003560-000101
  • Side: Median
  • Species List: No
  • Style: Commercial
  • Views: 17
  • Year Established: 0000-00-00
  • Zoning: HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin