1101 Truman Avenue
Key West, FL 33040

$1,625,000

Description

Great opportunity to own a mixed use investment property with a cap rate just above 7%. The building has two apartments on the second floor, north units are two bedroom two bath. There is a parking lot on the back side of the premises with eight parking spots and scooter parking. The first floor is commercial space that is currently occupied by Jose's Latin food. Business not for sale. Please do not disturb the business .

Details

MLS#584732
StyleIndustrial
Sub-TypeResale
StatusActive
Year1998
Days On Site9

Features

SQ Feet2,740
Story(s)2
Units3
ZoningHNC(1-3) - Hist Nghborhd Comml 1

Market Activity 33040

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Area Information

StateFL
CountyMonroe
CityKey West
Zip Code33040
AreaKey West
Listing VS Median (in 33040)
Price:
$1,625,000
low | high
Med:
$599,000
100% of Average
SqFt:
2,740
low | high
Med:
486
100% of Average
$ / SqFt:
$593
low | high
Med:
$1,233
57.820196264641% of Average
On Site:
9
low | high
Med:
104
8.653846153846% of Average
Listing Updated: 03/20/2019
MLS Number: 584732
Listing Provided By:
Justyn Ewald  of  Royal Palms Realty (KW)