1119 Simonton Street Unit #A1, A2, C1, Key West, FL 33040

$1,799,000
2
BD
2
BA
1,092
SqFt
List Price
$1,799,000
MLS#
606890
Style
Multi-Units
Status
ACTIVE
Island
Key West
County
Monroe
City
Key West
Area
02 - Key West
Subdivision
Old Town - Unlisted (1.0)
Neighborhood
Old Town-S of Truman
Bedrooms
2
Bathrooms
2
Living Area
1,092
Acres
0.11
Lot Dimensions
1,301 + 1,216 + 1,590 , total 4,107
Year Built
1953
Days on Market
59

Property Description

WELCOME TO THE CABANAS OF KEY WEST!! EXCELLENT INCOME PRODUCING PROPERTY LOCATED JUST 1 BLOCK FROM DUVAL ST AND IN THE X FLOOD ZONE! TWO CONDOS AND 1 VACANT BUILDABLE LOT! This complex is offered for sale in its entirety or split into Two spacious and beautifully done 1 bedroom condos and a 1600sf vacant buildable lot each side. Hot tub with one unit, and nice and large shed located on vacant lot in back. Potential usage, combine the two 1 bedroom condos into 1 large 2-4 bedroom condo, transfer one of the units ROGOA/BPASS to lot and build additional large 2-3 bedroom unit. Or build a pool or continue use for parking. POTENTIAL TO CONVERT TO UP TO TWO 2-4 BEDROOM RENTAL UNITS! These adorable units have charm and character each with its own private porch for people watching and enjoying that morning fresh cup of coffee or evening cocktail! This property sits in the X FLOOD ZONE so no flood insurance is required. A solid concrete structure with new metal roof installed in 2015 with a 50 yr warranty. Freshly painted with new AC units in each, new electronic door locks, new washers and dryers in each unit, new facia and soffits, new appliances, all new furnishings and decor, new Zinus green tea memory foam mattresses and all fresh new linens and supplies! All conveys with full asking price! New Golf carts and scooter will be offered for sale. Plenty of off street parking, which in Key West is worth a mint alone! Your guests will never want to leave! Also property is LOCATED IN A TRANSIENT RECEIVING ZONE. THIS PROPERTY HAS THE POTENTIAL TO APPLY FOR TRANSIENT IF OWN OR PURCHASE A TRANSIENT LICENSE WITH UNIT/BPASS. For more explanation please call agent. CURRENT USE IS INCOME PRODUCING MONTHLY VACATION RENTAL FOR ALL UNITS. EXCELLENT INVESTMENT WITH TONS OF OPTIONS FOR CONFIGURING UNITS AND BUILDING ADDITIONAL UNITS. LOCATION LOCATION LOCATION!

Additional Information

Taxes
$4,687
Construction
CBS, Concrete
Interior Features
Built-in Cabinets, Window Treatments, Smoke Alarms, Storage, Drapes/Blinds Incl
Flooring
Combo, Wood, Vinyl, Tile
Furnished
Furnished
Appliances
Dishwasher, Washer, Microwave, Refrigerator, Range, Oven, Dryer
Heating and Air
Ceiling Fans(s), Wall/Window Unit(s), Ductless
Pets
Pets Allowed
Exterior Features
Fencing, Shed, Storage, Hot Tub
Doors/Windows
Double Hung Windows, Wood Windows, Glass Doors, Impact Rstnce Doors
Roof
Metal Roof
Parking Description
Guest Parking, Off Street Parking, RV Parking Open, Open Parking
Property Condition
Updated/Remodeled
Waterview Description
No Waterview
Waterfront Description
None
Side
Median
Zoning
HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
Flood Zone
X
Mile Marker
1
Min Rental Days
28

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy Of Berkshire Hathaway Knight & Gardner, Contact: (305) 294-5155