718 Duval Street $2,850,000


    718 Duval Street Key West, FL 33040

    • 3,803 sq. ft.
    • Commercial
    • MLS# 591409
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    Views: 78 Days On Site: 293

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    Property Details

    Description Tours Print

    *Unique Investment opportunity in the heart of Duval St.* Property includes a commercial space downstairs with two Transient units above. Each unit has 2BR and 2.5 BA which can be rented as one large 4 BR penthouse or separately as two 2BR/ 2.5 BA units. Front unit has a balcony that overlooks Duval St and rear unit has its own private balcony.There is one covered parking space in the back of property and additional parking for up to two cars. When you step into the Penthouse, you will be swept away by the unique design - a combination of Caribbean charm and historic architecture. The property has been a successful vacation rental for many years. Located in the X flood zone. Rental units offered furnished.

    • General Features
      • Land Size Less Than 1/4 Acre
      • Building Square Footage 3,803
      • For Sale or Lease For Sale
      • Type Other Comrcl Style, Retail
      • Style Commercial
      • As Is Right to Inspect Yes
      • Fee Includes None
      • KW Neighborhood Old Town-N of Truman
      • Subdivision Old Town - Unlisted (1.0)
      • Key Island Key West
      • Miscellaneous High Traffc Location, High Visibility, Residence on Premise, Security System, Sprinkler System, Storage
      • Off Shore Island No
      • Potential Short Sale No
      • Bank Owned No
      • Property Rights Multi-Use/Commercial, Transient License
      • Terms Buyer Obtain Finance
      • Taxes $7,467
      • Tax Year 2019
      • Deed Restrictions Unknown
    • Building Features
      • Interior Features Cathedral Ceilings, Drapes/Blinds Incl, Furnished, Smoke Alarms, Window Treatments
      • Appliances Dishwasher, Dryer, Range, Refrigerator, Washer
      • Cooling/Heating Ceiling Fans, Central A/C, Window/Wall Unit
      • Construction Frame
      • Flooring Other Floors, Tile Floor
      • Roof Metal Roof, Shingle Roof
      • Shutters Bahama
      • Stories 3.0
      • Windows/Doors French Doors, Glass Doors, Wood Windows
    • Property Features
      • Dockage None
      • Garage Spaces 1
      • Garage/Parking Covered Parking, Off Street Parking
      • Side Ocean
      • Water View No Waterview
      • Waterfront Property No
      • Waterfront Type None
      • Utilities FKAA, Municipal Sewer, Separate Meters



    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

    $0 Median Sales Price
    0 Homes Sold
    107 New On Market

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        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $2,850,000
        3/1/2021 6:23:29 PM Price Reduced Source New Value: $2,850,000 -5%
        6/25/2020 7:24:00 PM New in Database Source New Value: $3,000,000

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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.