1200-1212 White St | Key West, FL 33040
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1200-1212 White St
Key West, FL 33040
Retail Property For Sale
Investment Highlights
- Location
Executive Summary
A RARE INVESTMENT OPPORTUNITY to own a residential mixed-use property located in the heart of Old Town Key West PLUS adjacent vacant lot. Property consists of 2 residential units upstairs (2BD/1BA + 1BD/1BA) & 4 commercial units downstairs, each with a 1/2 bath, All commercial tenants have long term leases in place (except the largest unit which will be vacant on 8/15/24). Recently renovated from 2016-2019 building features all hurricane rated impact doors & windows & is located in the X Flood Zone. White Street is the fastest growing corridor in Key West, acting as a border of Old Town & New Town Key West. Within a a short bike ride or walking distance to many of Key Wests popular restaurants, beaches, museums, hotels & B&B's. This investment opportunity is not to be missed! Lots of possibilities - Live in one of the residential units and collect rent on the other 5 units, open your own business in one of the commercial units or rent out all 6 units! 2 Parcels 1200-1206 White St. (Building) RE#00033010-000000 + 1212 White St. (Vacant Lot) RE#00033050-000000 *Owner is a licensed Florida Realtor.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,268 SF
Building Class
C
Year Built
1923
Price
£2,356,436
Price Per SF
£376
Tenancy
Multiple
Number of Floors
2
Building FAR
0.76
Lot Size
0.19 AC
Zoning
HNC-1 - Mixed Use Commercial, Retail Space:
Parking
6 Spaces (0.96 Spaces per 1,000 SF Leased)
Frontage
157 ft on White Street
Amenities
- 24 Hour Access
- Corner Lot
- Tenant Controlled HVAC
- Air Conditioning
PROPERTY TAXES
Parcel Number | 00033010-000000 | Improvements Assessment | £720,483 |
Land Assessment | £1,074,434 | Total Assessment | £1,794,917 |
PROPERTY TAXES
Parcel Number
00033010-000000
Land Assessment
£1,074,434
Improvements Assessment
£720,483
Total Assessment
£1,794,917
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