5 Beds
4 Baths
3,136 SqFt
5 Beds
4 Baths
3,136 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,136 sqft
Price per Sqft $723
Subdivision Gwynn Sub (1.0)
MLS Listing ID 619930
Bedrooms 5
Full Baths 4
HOA Y/N No
Year Built 1928
Annual Tax Amount $13,790
Tax Year 2025
Lot Size 5,717 Sqft
Acres 0.13
Lot Dimensions 55 X 103
Property Sub-Type Commercial
Land Area 3136
Property Description
The property currently consists of four licensed rental apartments; one 2BR/1BA unit and three 1BR/1BA units.
Property formerly configured for two business offices. Perfect for your business downstairs and reside upstairs.
Generous off-street parking; a rare and valuable feature in Old Town, enhances desirability for business and/or residential occupants.
Lots of Options: long-term rentals, monthly vacation rentals, employee housing, or mixed-use potential with commercial use on the ground level and residential above. The flexible interior layout also offers the potential to be a duplex. Or reimagine as a spacious single-family residence. Conversion to four condos offers the highest investment return.
This is an extremely well-located property with multiple use possibilities. Buyer to verify any conversion from existing use.
Classic Conch-style construction with covered porches adds to the property's island appeal and long-term value.
Location
State FL
County Monroe
Area 02 - Key West
Zoning HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
Direction On south side of Truman between White and Grinnell
Interior
Interior Features Smoke Alarms
Heating Varies by Unit
Cooling Wall/Window Unit(s), Ceiling Fans(s), Central Air
Flooring Combo
Window Features Aluminum Windows,Other Windows/Doors,Shutters
Appliance Dryer, Washer, Dishwasher, Range, Refrigerator
Exterior
Parking Features Off Street, Detached
Utilities Available FKAA, Separate Meters
Waterfront Description None
Roof Type Metal Roof
Garage No
Building
Story 2
Level or Stories 2
Others
HOA Fee Include None
Tax ID 00032580000000
Miscellaneous High Visibility, High Traffic Location, Fencing