1008 White Street $875,000

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    1008 White Street Key West, FL 33040

    • 2,527 sq. ft.
    • Commercial
    • MLS# 591961
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    Views: 3 Days On Site: 86

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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
      • Land Size Less Than 1/4 Acre
      • Building Square Footage 2,527
      • Type Retail
      • Style Commercial
      • Fee Includes None
      • KW Neighborhood Old Town-S of Truman
      • Subdivision Gwynn Sub (1.0)
      • Key Island Key West
      • Miscellaneous High Visibility
      • Potential Short Sale No
      • Bank Owned No
      • Property Rights Multi-Use/Commercial
      • Terms Buyer Obtain Finance
      • Taxes $8,171
      • Tax Year 2019
      • Deed Restrictions No
    • Building Features
      • Appliances Range, Refrigerator
      • Cooling/Heating Window/Wall Unit
      • Construction Frame
      • Roof Metal Roof
    • Property Features
      • Dockage None
      • Garage Spaces 1
      • Side Median
      • Water View No Waterview
      • Waterfront Property No
      • Waterfront Type None
      • Utilities FKAA, Municipal Sewer, Propane Gas
      • Tenant Pays Electric, Sewer, Water
      • Zoning HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med

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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

    $674,500 Median Sales Price
    68 Homes Sold
    78 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 11:23:27 AM Price Reduced Source New Value: $875,000 -7.89%
        8/4/2020 1:24:00 PM 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.