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Anchor Line Realty

Anchor Line Realty specializes in buyer brokerage, real estate sales listings, and long term property management in Key West & the Florida Keys.

Call: (305) 766-6835

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$2,800,000
401 South Street
Key West, FL 33040
MLS# 596484
Status: Closed
4 beds  |  3 baths  |  2845 sqft


Evening Front View
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Evening Front View _DSF3105_resize (1) Deck view from the 2nd floor Deck on the second floor _DSF3118_resize 2nd floor kitchen 2nd floor bath _DSF3152_resize _DSF3164_resize _DSF3170_resize

Property Description
Historic home with the best Ocean views in Key West, located directly across the street from the Southern Most Point Buoy. There are 3 units, the main building has two , 2 bedroom units, high ceilings and great porches. The upstairs unit has been totally renovated with a great kitchen. The cottage has 1 bedroom and 1 bathroom. Can be a great conversion back to a single family residence. There is plenty of room for a pool. Many off street parking spaces. Currently the income is 9200 a month. There are leases in place until January. Owner financing available.

Details
Maps
Contract Information
Current Price: $2,800,000
Listing Date: 2021-06-11
Listing Board: Key West Association
Leased Price Monthly: $2,800,000
As is Rght to Inspct: Yes
Location, Tax & Legal
Street #: 401
Street Name: South
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Filer Boyle Sub (1.0)
Area: 01 - Key West
General Property Description
Realtor.COM Type: Multi-family
Style: Multi-Units
Waterfront: Yes
Pool: No
Year Built: 1948
Total Units: 3
Lot Size: 7644
Lot SqFt: 7644
Acres: 0.18
Living Apx SqFt: 2845
SqFt Source: Tax Records
Total Bedrooms: 4
Full Baths: 3
Total Baths: 3
Rentals Allowed: With Restrictions
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Building Style
Above Flood: No
Status Change Info
Under Contract Date: 2021-12-27
Leased Date: 2022-02-08
Leased Price Monthly: $2,800,000
Status: Closed
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: Oceanfront
Waterview: Ocean View
Dockage: None
Building Style: Conch
Vehicle Storage: Off Street Parking
Furnished: Unfurnished
Cooling: Ceiling Fans(s); Central Air; Heat Pump
Utilities: FKAA
Interior Features: Built-in Cabinets; Granite Counter Top; Smoke Alarms
Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features: Fencing; Rain Gutters
Construction: Other
Shutters: Other
Roof: Metal Roof
Land Size: Less Than 1/4 Acre

Listing Office: Preferred Properties (KW)

Last Updated: August - 22 - 2024

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.


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David Austin, Owner/Broker
Anchor Line Realty, LLC
820 Ashe Street
Key West, FL 33040
www.anchorlinerealty.com
[email protected]
305.766.6835
Member, National Association of Realtors (NAR)
Member, Florida Association of Realtors (FAR)
Member, Key West Association of Realtors (KWAR)