1008 White Street $875,000

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    1008 White Street Key West, FL 33040

    • 4 Beds
    • 3 Baths
    • 2,527 sq. ft.
    • Multi-Family
    • MLS# 591938
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    Views: 3 Days On Site: 87

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    Property Details

    Price Reduced! Great Investment Potential! This multi-use property features two legal apartments and a licensed commercial space on the desirable White Street corridor. Both residential units have great income potential as the downstairs apartment is approximately 900 sf and includes a large living area and kitchen along with two bedrooms and a bath. It would make a great owners unit as it can also be opened up to the large backyard with a storage building and room for a pool. The upstairs unit is approximately 980 sf and is also a 2BR/1BA with substantial living and kitchen areas. The downstairs front of the building is home to a small grocery/take-out food service shop. Business is not for sale! Residential long term tenants (on month to month leases) are paying below market value

    • General Features
      • Acreage 0.13
      • Square Footage 2,527
      • Style Multi-Units
      • Fee Includes None
      • Subdivision Gwynn Sub (1.0)
      • Rentals Allowed With Restrictions
      • Taxes $8,171
      • Tax Exemptions None
      • Tax Year 2019
      • Deed Restrictions Unknown
    • Building Features
      • Appliances Range, Refrigerator
      • Building Style Other Bldg Style
      • Construction Frame
      • Cooling Heating Window/Wall Unit
      • Furnished Unfurnished
      • Porch/Balcony Open Porch/Balcony
      • Roof Metal Roof
    • Property Features
      • Exterior Features Storage
      • Garage Spaces 1
      • Garage/Parking Off Street Parking
      • Dockage None
      • Side Median
      • Water View No Waterview
      • Waterfront Property No
      • Waterfront Type None
      • Utilities Elect Separate Meter, FKAA, Municipal Sewer, Propane Gas
      • Pub Sewer HkUp Yes

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    Neighborhood

    33040 (Key West) Demographics

    41 Median Age
    1,911 Population Density (per sq. mile)
    39% College Educated
    $58,351 Estimated Median Income
    5,548 Estimated Total Home Owners
    7,072 Estimated Total Renters
    44% / 56% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    35,357 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $683,500 Median Sales Price
    66 Homes Sold
    81 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $875,000
        9/21/2020 11:23:28 AM Price Reduced Source New Value: $875,000 -7.89%
        8/3/2020 10:24:00 AM New in Database Source New Value: $950,000

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        Listing information is provided in part by the Internet Data Exchange (IDX) program of the Florida Keys Board of REALTORS®, Inc. The information on this website is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright 2020 Florida Keys Board of REALTORS®, Inc. All rights reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.