1209 Virginia Street $3,650,000

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    1209 Virginia Street Key West, FL 33040

    • 8,229 sq. ft.
    • Commercial
    • MLS# 589626
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    Views: 51 Days On Site: 297

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    Property Details

    Investor opportunity! 9 Units! Seller Finance possible! Could be converted back to a stunning single family. Originally constructed as a residence by Eduardo H. Gato and later served as the Mercedes Hospital and is listed on the National Register of Historic Places. Property boasts classic Victorian architecture with Cuban influenced breezeways, atrium, balconies, & courtyard. Configured as 9 units, separately metered. Main bldg offers 7 units and there are 2 additional detached units overlooking the pool/ gardens. Units range from 500 sq. ft. to 1350 sq. ft. & consist of one BR units with lofts to two BR units. Property boasts elegant high ceilings, pocket doors, wood trim, huge light filled spaces, and private outdoor space. Condo opportunity, condo docs already completed.

    • General Features
      • Land Size Less Than 1/4 Acre
      • Building Square Footage 8,229
      • For Sale or Lease For Sale
      • Type 3
      • Style Residential Income
      • As Is Right to Inspect Yes
      • Fee Includes None
      • KW Neighborhood Old Town-S of Truman
      • Subdivision Casa Gato (2.0)
      • Key Island Key West
      • Potential Short Sale No
      • Bank Owned No
      • Terms Seller Finance Psble
      • Taxes $2,019
      • Tax Year 2019
    • Building Features
      • Appliances Dryer, Range, Refrigerator, Washer
      • Construction Frame
      • Stories 2.0
    • Property Features
      • Dockage None
      • Side Bay/Gulf
      • Water View No Waterview
      • Waterfront Property No
      • Waterfront Type None
      • Utilities FKAA, Municipal Sewer
      • Zoning HMDR - Historic Medium Density Residential

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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

    $699,000 Median Sales Price
    55 Homes Sold
    66 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: $3,650,000
        8/11/2020 10:23:29 AM Price Reduced Source New Value: $3,650,000 -2.67%
        2/6/2020 6:24:00 PM New in Database Source New Value: $3,750,000

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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.