218 Whitehead Street $3,395,000


    218 Whitehead Street Key West, FL 33040

    • 7,755 sq. ft.
    • Commercial
    • MLS# 596184
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    Views: 1 Days On Site: 34

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    Property Details

    First time offering of this Triple Net investment building after 32 years of ownership. Fully leased and in good condition. Current Tenant mix is 6 commercial spaces (#5 & #6 are combined) and one 3bd 2ba apartment. ADA access to spaces on 1st floor. Built above flood in the Mallory Square area of Old Town Key West. Adjacent to Mel Fisher Museum and across the street from Audobon House, Custom House and Mallory Square. Duval Loop Stop, Conch Train route and all tourist transportation pass by this location multiple times a day. Do not enter any of the businesses without Listing Agent. If financials are desired, CA is attached. Fill out and return.

    • General Features
      • Land Size Less Than 1/4 Acre
      • Building Square Footage 7,755
      • For Sale or Lease For Sale
      • Type Bar, Grocery/Convenience, Professional Service, Restaurant, Retail, Shop/Strip Center
      • Style Commercial
      • As Is Right to Inspect Yes
      • Fee Includes Bldg Exterior Mnt, Building Insurance, Common Area Mnt, Sewer, Water
      • KW Neighborhood Old Town-N of Truman
      • Subdivision Old Town - Unrecord (1.0)
      • Key Island Key West
      • Miscellaneous Handicap Access, High Traffc Location, High Visibility, Residence on Premise
      • Off Shore Island No
      • Potential Short Sale No
      • Bank Owned No
      • Taxes $23,534
      • Tax Year 2020
      • Deed Restrictions No
    • Building Features
      • Interior Features Cathedral Ceilings
      • Appliances Range, Refrigerator
      • Cooling/Heating Central A/C, Window/Wall Unit
      • Construction CBS
      • Flooring Concrete, Tile Floor
      • Roof Combo Roof, Metal Roof
      • Stories 2.0
      • Windows/Doors Glass Doors, Impact Rstnce Window
    • Property Features
      • Dockage None
      • Side Median
      • Water View No Waterview
      • Waterfront Property No
      • Waterfront Type None
      • Utilities FKAA, Municipal Sewer, Separate Meters
      • Electric 220 Volt, Circuit Breakers
      • Tenant Pays Cable, Electric, Sewer, Taxes, Water



    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

    $749,000 Median Sales Price
    106 Homes Sold
    61 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: Multiple Listing Service New Value: $3,395,000
        6/23/2021 9:18:23 AM Price Reduced Source: Multiple Listing Service New Value: $3,395,000 -5.69%
        5/21/2021 5:34:00 PM New in Database Source: Multiple Listing Service New Value: $3,600,000

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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 2021 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.