$2,900,000
Key West, FL 33040
MLS# 118142
Status: Closed

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Property Description
A rare Key West strip center available for sale. Toppino Drive Shopping Center is home to the Key West Surgery Center, the anchor tenant, which completed a massive renovation of their facility in 2008 which included a new roof for the entire center, new parking lot and major upgrades to the utilities feeding the center. The center contains four units (two of which are occupied by H & R block) and is above flood level making it a perfect medical, office or retail facility. This property is perfect for an investor looking for security or a user that wants to take advantage of historically low interest rates and rental income from the surrounding tenants. This property would also be a perfect 1031 Exchange candidate.
Details
Maps
Contract Information
Current Price: $2,900,000
Listing Date: 2013-05-30
Listing Board: Key West Association
Leased Price Monthly: $2,900,000
Limited Representation: No
As is Rght to Inspct: No
For Sale/Lease: For Sale
Potential Short Sale: No
Bank Owned: No
Location, Tax & Legal
Street #: 923
Street Name: Toppino
Street Suffix: Drive
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: Old Town - Unlisted (1.0)
County: Monroe
Area: 03 - Key West
General Property Description
Realtor.COM Type: Commercial
Style: Commercial
Lot SqFt: 28183
Waterfront: No
Business Name: Toppino Dr. Shopping
Building SqFt: 11565
Year Built: 1990
Association Info
Mandatory Home Owners Asc: No
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Under Contract Date: 2015-02-26
Leased Date: 2015-02-26
Leased Price Monthly: $2,900,000
Status: Closed
Property Features
Deed Restrictions: Unknown
Type: Office Buildings; Other Comrcl Style; Professional Service; Retail; Shop/Strip Center
Dockage: None
Cooling: Central Air
Utilities: FKAA; Municipal Sewer
Miscellaneous: High Traffc Location; High Visibility
Construction: CBS
Land Size: 1/2 - Less Than 1 AC
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: September - 09 - 2024
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