818 Elizabeth Street $3,995,000

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    818 Elizabeth Street Key West, FL 33040

    Contingent
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    • 13 Beds
    • 11 Baths
    • 5,317 sq. ft.
    • Multi-Family
    • MLS# 602122
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    Views: 5 Days On Site: 56

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    Property Details

    A very rare offering of a 9-unit, full market rate, multi-family building in Old Town Key West. The nine units are spread over three buildings on a lot of just under 8,000 SF. There are five 1bd/ 1ba units, two 2bd/ 2ba units, and two 2bd/ 1ba unit. All units are significantly below market rent. The property is perfect for employers looking for staff housing, a 1031 Exchange investment opportunity, potential condo conversion or single-family estate. Advanced notice is required to show the units and not all units may be available at once to show. This one won't last!

    • General Features
      • Acreage 0.18
      • Square Footage 5,317
      • Style Multi-Units
      • Fee Includes None
      • Pets Pets Allowed
      • Subdivision Old Town - Unlisted (1.0)
      • Rentals Allowed Yes
      • Taxes $14,999
      • Tax Exemptions None
      • Tax Year 2021
      • Deed Restrictions Unknown
      • License Info Non Trans Rntl Lic
    • Building Features
      • Building Style Other Bldg Style
      • Construction CBS, Frame
      • Cooling Heating Ceiling Fans, Window/Wall Unit
      • Furnished Unfurnished
      • Porch/Balcony Open Porch/Balcony
    • Property Features
      • Pool No
      • Dockage None
      • Side Median
      • Water View No Waterview
      • Waterfront Property No
      • Waterfront Type None
      • Utilities FKAA, Municipal Sewer
      • Pub Sewer HkUp Yes

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    Neighborhood

    33040 (Key West) Demographics

    41 Median Age
    236 Population Density (per sq. mile)
    42% College Educated
    $73,982 Estimated Median Income
    6,452 Estimated Total Home Owners
    8,035 Estimated Total Renters
    45% / 55% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    34,401 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $815,000 Median Sales Price
    33 Homes Sold
    39 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: $3,995,000
        8/29/2022 9:18:23 AM Status Changed Source: Multiple Listing Service New Value: Contingent
        8/5/2022 1:04:00 PM New in Database Source: Multiple Listing Service New Value: $3,995,000

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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 2022 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.