*Prime Old Town Multi-Use Property* This versatile property features five legal long-term apartments, perfect for employee housing or generating steady rental income. The CBS building, Unit 101, may be converted to commercial use, provided the five residential units remain on-site. Located within a transient receivership zone (buyer to verify), the property offers significant flexibility for both commercial and residential purposes. With its prime location and a mix of income-producing apartments and potential commercial space, this property presents an excellent investment opportunity in the heart of Key West.
MLS# | 611524 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1959 |
Days On Site | 14 |
Listing Provided By | Preferred Properties (KW) | Allison Findlay |
Bed(s) | 8 |
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Bath(s) | 5 Total |
Units | 5 |
Zoning | HNC(1-3) - Hist Nghborhd |
Acreage | 0.09 |
Property View | No Waterview |
State | FL |
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County | Monroe |
City | KEY WEST |
Zip Code | 33040 |
Area | 02 Key West |
Community Name | GG Watson Sub (1.0) |
Listing VS Median (in GG Watson Sub (1.0)) | |
Price: $1,890,000 low | high Med: $2,095,000 On Site: 14 low | high Med: 28.000000 |