201 Coppitt Road $4,800,000

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    201 Coppitt Road Big Coppitt, FL 33040

    • Commercial
    • MLS# 591780
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    Views: 2 Days On Site: 95

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    Property Details

    20 Condominium units on the water with great monthly rental income! Rare opportunity to purchase twenty condominiums just minutes from Key West and close to NAS-Key West. Units are 1 bedroom 1 bath with balconies and assigned parking spaces for each unit. Currently all rented long term. This would make great employee housing or possible conversion to vacation rentals. Suburban Commercial zoning permits short term vacation rentals. Building A with sunset views- 6 units, Building B (middle building)- 9 units, and Building C- 5 units. Great opportunity to have controlling interest of Bayside Condominiums as the owner of 20 out of 39 total units. Bayside Condominiums are VA approved making them very marketable for resale individually.

    • General Features
      • Land Size None
      • For Sale or Lease For Sale
      • Type 3
      • Style Residential Income
      • As Is Right to Inspect Yes
      • Association Approval Required Yes
      • Association Fee Due Monthly
      • Fee Includes Bldg Exterior Mnt, Building Insurance, Common Area Mnt
      • Subdivision Coppitt Sub Amd (10.0)
      • Key Island Big Coppitt
      • Miscellaneous Open Water View
      • Off Shore Island No
      • Potential Short Sale No
      • Bank Owned No
      • Property Rights Other/See Remarks, Transient License
      • Terms Buyer Obtain Finance
      • Taxes $28,480
      • Tax Year 2019
    • Building Features
      • Appliances Range, Refrigerator
      • Cooling/Heating Ceiling Fans, Central A/C
      • Construction CBS
      • Flooring Tile Floor
      • Roof Combo Roof, Metal Roof, Tar/Gravel Roof
      • Stories 3.0
      • Windows/Doors Sliding Glass Doors
    • Property Features
      • Dockage - Dock Concrete
      • Garage/Parking Assigned Parking, Off Street Parking
      • Side Bay/Gulf
      • Water View Canal View, Open Water View
      • Waterfront Property Yes
      • Waterfront Type Bay Front, Canal Front
      • Utilities FKAA, Municipal Sewer, Separate Meters
      • Tenant Pays Cable, Water
      • Zoning SC - Sub Urban Commercial District

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    Neighborhood

    33040 (Big Coppitt) 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
    64 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: $4,800,000
        7/22/2020 10:24:00 AM New in Database Source New Value: $4,800,000

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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.