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1221 Packer Street , 1-5

Key West, FL 33040
  • $2,349,000
  • STATUS: Active
  • ON SITE: 60 Days
  • MLS #: 603360
Price Reduced
UPDATED: 31 min ago
$2,349,000
  • 6
    BEDS
  • 0.08
    ACRES
  • 5
    BATHS
  • 1
    1/2 BATHS
  • 2,914
    SQFT
  • $806
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1953
County:

School Ratings & Info

Description

Rare 5 unit property, split between 2 buildings. Located centrally in the middle of Old Town Key West in the X flood zone. All units are turn-key and in great shape, recently painted and ready to be rented. The 2/1 unit is tenant occupied. There are 4 x 1 bed/ 1 bath units all currently vacant. This unique fenced property offers 3 off-street parking spots, private porches and common area space with coin operated washer and dryer. Perfect for investors, owner occupiers, or employee housing. No deferred maintenance, just a great turn-key property with 5 electric meters and 5 Parcel ID's. Projected monthly income from annual tenants is $12,800. Vacation Rentals could be a lot more. Seller has Business Tax License for all 5 units

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Jimmy Lane Home Team | Century 21 Island Life are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.jimmylane.com/homes/135293461
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1221 Packer Street , 1-5 Key West, FL 33040

  • Price: $2,349,000
  • Status: Active
  • On Site: 60 Days
  • Updated: 31 min ago
  • MLS #: 603360
6
Beds
5
Baths
1
½ Baths
0.08
Acres
2,914
SQFT
$806
$/SQFT
1953
Built
Neighborhood:
Old Town-S Of Truman
County:
Monroe
Area:
02 - Key West
Property Description
Rare 5 unit property, split between 2 buildings. Located centrally in the middle of Old Town Key West in the X flood zone. All units are turn-key and in great shape, recently painted and ready to be rented. The 2/1 unit is tenant occupied. There are 4 x 1 bed/ 1 bath units all currently vacant. This unique fenced property offers 3 off-street parking spots, private porches and common area space with coin operated washer and dryer. Perfect for investors, owner occupiers, or employee housing. No deferred maintenance, just a great turn-key property with 5 electric meters and 5 Parcel ID's. Projected monthly income from annual tenants is $12,800. Vacation Rentals could be a lot more. Seller has Business Tax License for all 5 units
Exterior Features

Above Flood Unknown Construction CbsCombo ConstructionFrame Dockage None Exterior Features FencingLightingPrivacy Wall/FenceRain Gutters Floor Number 2.00 Land Size Less Than 1/4 Acre Pool YN No Porch Balcony DeckOpen Porch/BalconyRoof Top Deck Roof Metal Roof Side Median Stories 2 Stories Style Multi-Units Vehicle Storage Off Street Parking Vehicle Storage Cars 3 Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances DishwasherDryerMicrowaveOvenRangeRefrigeratorStainless Steel Appliance(S)Washer Cooling Heating Ceiling Fans(S)Central AirWall/Window Unit(S) Floor TileWood Interior Features Built-In CabinetsCathedral CeilingsDrapes/Blinds InclGranite Counter TopSky Light(S)Smoke Alarms Windows Doors Aluminum WindowsFrench Doors

Property Features

Assoc Fee 0.00 Assoc Hoa YN No Assoc Right Of Refusal No City Key West Control Depth 0 Deed Restrictions Unknown Fee Includes NoneOther Flood Zone 0.2 PCT ANNUAL CHANC Key West Neighborhood Old Town-S Of Truman Listing Board Key West Association Mile Marker 1.00 Min Rental Days 30.00 Pets Pets Allowed Public Sewer Hookup Yes Rentals Allowed With Restrictions Sq Ft Source Seller Tax Exemptions None Tax Year 2021 Taxes 3719.87 Utilities Elect Separate MeterFkaaMunicipal SewerWater Separate Meter Zoning Hmdr - Historic Medium Density Residential

Listing courtesy of Sean Farrer, P.A. of Coldwell Banker Schmitt Real Estate Co. (Kw): (305) 296-7727.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Jimmy Lane Home Team | Century 21 Island Life are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Jimmy Lane Home Team | Century 21 Island Life
211 Simonton Street
Key West FL, 33040