718 Duval Street $3,000,000

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    718 Duval Street Key West, FL 33040

    • 4 Beds
    • 7 Baths
    • 3,803 sq. ft.
    • Condo/Townhouse
    • MLS# 591419
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    Views: 3 Days On Site: 127

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    Property Details

    *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
      • Square Footage 3,803
      • Style Multi-Units
      • As Is Right to Inspect Yes
      • Association Fee Amount 0.00
      • Fee Includes None
      • KW Neighborhood Old Town-N of Truman
      • Key Island Key West
      • Pets Pets Allowed
      • Potential Short Sale No
      • Bank Owned No
      • Rentals Allowed Yes
      • Taxes $7,467
      • Tax Exemptions None
      • Tax Year 2019
      • Deed Restrictions Unknown
    • Building Features
      • Appliances Dishwasher, Dryer, Freezer, Microwave, Oven, Range, Refrigerator, Stainless Steel Appl, Washer
      • Cooling/Heating Ceiling Fans, Central A/C, Window/Wall Unit
      • Interior Features Cathedral Ceilings, Fire Sprinkler, Granite Counter Top, Smoke Alarms, Storage, Window Treatments
      • Construction Frame
      • Flooring Other Floors, Tile Floor
      • Furnished Furnished
      • Porch/Balcony Open Porch/Balcony
      • Roofing Metal Roof, Shingle Roof
      • Side Ocean
      • Stories 3Stories
      • Windows/Doors Glass Doors, Wood Windows
    • Property Features
      • Exterior Features Storage
      • Dockage None
      • Garage Spaces 1
      • Garage/Parking Covered Parking, Off Street Parking
      • Pool No
      • Pre-Wired Cable
      • Water View No Waterview
      • Waterfront Property No
      • Waterfront Type None
      • Utilities Cable Available, Elect Separate Meter, FKAA, Municipal Sewer
      • Pub Sewer HkUp Yes

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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

    $677,000 Median Sales Price
    66 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: $3,000,000
        8/14/2020 12:24:25 PM Price Reduced Source New Value: $3,000,000 -9.09%
        6/26/2020 2:24:00 PM New in Database Source New Value: $3,300,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        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.