$3,150,000
Key West, FL 33040
MLS# 594806
Status: Closed
4 beds | 3 baths | 2486 sqft
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Property Description
Incredible opportunity to own both a delightful single family home in the coveted Truman Annex gated community AND a Four Bedroom Transiently Licensed Turn Key Luxury Vacation Rental Investment Home, fully outfitted to the highest standard and projected to achieve rental income in excess of $200,000 in the first calendar year of active rental. Collect the revenue of an exceptional vacation home with a special transient license, with the benefit of visiting and enjoying your beautifully classic yet unique Eyebrow home in the heart of Old Town - complete with sunny private pool, covered deck, and magnificently landscaped grounds featuring waterfalls of orchids spilling from a gorgeous Gumbo Limbo tree. Previously a full time residence...
Details
Maps
Contract Information
Current Price: $3,150,000
Listing Date: 2021-02-21
Listing Board: Key West Association
Leased Price Monthly: $3,150,000
As is Rght to Inspct: Yes
Location, Tax & Legal
Street #: 62
Street Name: Front
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Old Town - Unlisted (1.0)
Area: 02 - Key West
General Property Description
Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: No
Pool: Yes
Year Built: 1998
Lot Size: 50x100
Lot SqFt: 5001
Acres: 0.11
Living Apx SqFt: 2486
SqFt Source: Seller
Total Bedrooms: 4
Full Baths: 3
Total Baths: 3
Rentals Allowed: Yes
Min Rental Days: 7
Status Change Info
Under Contract Date: 2021-08-15
Leased Date: 2021-09-15
Leased Price Monthly: $3,150,000
Sold Comments: $5k credit to buyer
Status: Closed
Association Info
Mandatory Home Owners Asc: Yes
Condo Doc's: Yes
1st Right of Refusal: Yes
Association Fee $: 925
Assoc/Mnt Fee Per: Quarterly
License Info
# of City License: 1
# of County License: 1
Transient Rntl Licns: Yes
Building Style
Above Flood: Yes
Vehicle Storage
Car(s): 2
Pool Info
Heated: Yes
Financial Status
Standard Sale: Yes
Property Features
Fee Includes: Common Area Mnt; Security; Sewer
Tax Exemptions: None
Waterfront: None
Waterview: No Waterview
Dockage: None
Property Condition: Updated/Remodeled
Building Style: Eyebrow
Vehicle Storage: Carport
Furnished: Negotiable
Cooling: Central Air
Utilities: Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Propane; Water Separate Meter
Interior Features: Built-in Cabinets; Drapes/Blinds Incl; Granite Counter Top; Pantry; Pull Down Stairs; Smoke Alarms; Storage; Walk-in Closet(s); Whirlpool Bath Tub; Window Treatments
Pre-Wired: Cable
Specialty Rooms: Laundry Room
Appliances: Dishwasher; Disposal; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Washer
Exterior Features: Fencing; Lighting; Privacy Wall/Fence; Rain Gutters; Shed; Storage
Accessibility Feat: Accessible Doors; Accessible Full Bath; Accessible Kitchen; Parking
Pool Info: In Ground; Concrete
Construction: Frame
Shutters: Bahama; Roll Down Manual
Floor: Wood
Roof: Metal Roof
Pets: Pets Allowed
Security: Electric Gate; Manned Gate; Patrolled Area
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional; No Seller Finance
Title: Title Ins - Buyer
Supplements
Incredible opportunity to own both a delightful single family home in the coveted Truman Annex gated community AND a Four Bedroom Transiently Licensed Turn Key Luxury Vacation Rental Investment Home, fully outfitted to the highest standard and projected to achieve rental income in excess of $200,000 in the first calendar year of active rental. Collect the revenue of an exceptional vacation home with a special transient license, with the benefit of visiting and enjoying your beautifully classic yet unique Eyebrow home in the heart of Old Town - complete with sunny private pool, covered deck, and magnificently landscaped grounds featuring waterfalls of orchids spilling from a gorgeous Gumbo Limbo tree. Previously a full time residence... Previously a full time residence providing the added benefits of luxuries such as a massive walk in closet off the Master bedroom, an office overlooking the pool area, a whirlpool tub, and double covered carports. Must be seen to fully appreciate the high ceilings and exquisite flooring. Easy to show when not occupied by vacation rental guests - call Agent to schedule. Owner is a licensed R.E. broker.
Room Information
| Room Name | Length | Width |
| Living Room | 25.10 | 23.20 |
| Kitchen | 19.30 | 11.50 |
| Bedroom 1 | 14.10 | 12.10 |
| Bedroom 2 | 15.10 | 10.11 |
| Bedroom 3 | 11.30 | 9.50 |
| Bedroom 4 | 11.30 | 9.40 |
| Other Room | 11.10 | 9.40 |
| Other Room | 11.30 | 11.20 |
Listing Office: Last Key Realty, Inc (KW)
Last Updated: August - 25 - 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.