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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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$3,100,000
517 Truman Avenue
Key West, FL 33040
MLS# 595924
Status: Closed
6 beds  |  6 baths  |  3916 sqft


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IMG_7631 IMG_7634 IMG_7632 IMG_7633 Cottage IMG_7628 IMG_7626 IMG_7627 517 cottage 517 cottage kit 517 cott kit2 517 cott lr 517 cott lr1 517 cottabe br 517 cottage br2 517 cott ba 517 cottage 2 517 cottage 3 517 street 517 2br LR 517 2br LR1 517 2br lr2 517 2br lr3 517 2br 517 2br kit 517 2br 1 517 2br 2 517 2br ba 517 2br ba2 517 parking

Property Description
Prime Investment property downtown Key West in good condition. Currently 6 units total, each mostly renovated. Total of 4 Transient Licensed units and 2 Commercial Units. Main building is two story CBS plus wood frame Cottage on Center St. There is a lease to the Coffee/Sandwich shop on Truman Ave. Also, a completely renovated Restaurant on the corner is partially equipped with a hood and is Vacant and ready for occupancy. There are 3 transient units in the main building; one transient unit on the ground floor plus two units on the 2nd floor each large 2bd/1ba units with Central AC. In addition there is a private transient 1bd/1ba cottage in the rear of the property. Buildings renovated in 2014/15 and sit in an X Flood Zone. Two off street parking spots and nearby street parking

Details
Maps
Contract Information
Current Price: $3,100,000
Listing Date: 2021-05-03
Listing Board: Key West Association
Leased Price Monthly: $3,100,000
Limited Representation: No
For Sale/Lease: For Sale
Potential Short Sale: No
Bank Owned: No
Location, Tax & Legal
Street #: 517
Street Name: Truman
Street Suffix: Avenue
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: Old Town - Unrecord (1.0)
County: Monroe
Area: 01 - Key West
General Property Description
Realtor.COM Type: Commercial
Style: Commercial
Lot Size: 40 x 107
Lot SqFt: 4280
Waterfront: No
# Parking Spaces: 2
Off Street Parking: 2
# Stories: 2
Total # Buildings: 2
Building SqFt: 4465
Living Apx SqFt: 3916
Total Units: 6
Year Built: 1963
Total Bedrooms: 6
Full Baths: 4
Half Baths: 2
Total Baths: 6
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Under Contract Date: 2021-11-12
Leased Date: 2021-11-29
Leased Price Monthly: $3,100,000
Status: Closed
Property Features
Type: Other Services
Waterfront: None
Waterview: No Waterview
Dockage: None
Utilities: FKAA; Municipal Sewer
Construction: Stucco
Land Size: Less Than 1/4 Acre
Fee Includes: Other

Listing Office: RE/MAX Keys Connection (KW)

Last Updated: September - 09 - 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)