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305 Whitehead Street

Key West, FL 33040
  • $2,000,000
  • STATUS: Active Under Contract
  • ON SITE: 12 Days
  • MLS #: 600869
Under Contract
$2,000,000
  • 3
    BEDS
  • 0.07
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,676
    SQFT
  • $1,193
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1938
County:

School Ratings & Info

Description

This is an exceptional property in a great Old Town Key West location with OWNER FINANCING possible.Three legal, separately metered units, in a 1676 square foot building located in the Historic Residential/Office zoning district (HRO). The building can be used for either residential, offices, or be mixed use. The front two units (downstairs and upstairs) are currently used as a combined space with the original historic interior staircase and much of the original trim-work. The building is designated as an historic structure originally built by Bradish W. (Hog) Johnson, Master Wrecker 1846-1914 and owner of Key West Wrecking Company, from ships' timbers salvaged from the reefs off of Key West.For residential use an on-street parking permit can be purchased from the City for approximately $80/year to use in metered parking areas in front of the building. For office use the City requires one reserved parking space for every 300 square feet of building used for offices to be located within 500 feet of the building. The building has been completely renovated and updated for its current use as offices in the front of the building (downstairs and upstairs units) and a separate rear centrally air conditioned one bedroom apartment with a private rear yard and deck. All new interior wiring and exterior meter bases. New plumbing lines, water heaters, and modern fixtures throughout. Also recently installed code compliant roofs, shutters, windows and doors. The main levels of the building are ADA compliant with bricked walkways and ramps incorporated into a nicely landscaped yard.A Letter of Map Amendment (LOMA) was obtained from the National Flood Insurance Program (NFIP) classifying the building as being in the equivalent of an X-Zone for flood insurance purposes.

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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/128354467
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305 Whitehead Street Key West, FL 33040

  • Price: $2,000,000
  • Status: Active Under Contract
  • On Site: 12 Days
  • MLS #: 600869
3
Beds
3
Baths
0
½ Baths
0.07
Acres
1,676
SQFT
$1,193
$/SQFT
1938
Built
Neighborhood:
Old Town-N Of Truman
County:
Monroe
Area:
01 - Key West
Property Description
This is an exceptional property in a great Old Town Key West location with OWNER FINANCING possible.Three legal, separately metered units, in a 1676 square foot building located in the Historic Residential/Office zoning district (HRO). The building can be used for either residential, offices, or be mixed use. The front two units (downstairs and upstairs) are currently used as a combined space with the original historic interior staircase and much of the original trim-work. The building is designated as an historic structure originally built by Bradish W. (Hog) Johnson, Master Wrecker 1846-1914 and owner of Key West Wrecking Company, from ships' timbers salvaged from the reefs off of Key West.For residential use an on-street parking permit can be purchased from the City for approximately $80/year to use in metered parking areas in front of the building. For office use the City requires one reserved parking space for every 300 square feet of building used for offices to be located within 500 feet of the building. The building has been completely renovated and updated for its current use as offices in the front of the building (downstairs and upstairs units) and a separate rear centrally air conditioned one bedroom apartment with a private rear yard and deck. All new interior wiring and exterior meter bases. New plumbing lines, water heaters, and modern fixtures throughout. Also recently installed code compliant roofs, shutters, windows and doors. The main levels of the building are ADA compliant with bricked walkways and ramps incorporated into a nicely landscaped yard.A Letter of Map Amendment (LOMA) was obtained from the National Flood Insurance Program (NFIP) classifying the building as being in the equivalent of an X-Zone for flood insurance purposes.
Exterior Features

Above Flood Unknown Construction Frame Dockage None Land Size Less Than 1/4 Acre Pool YN No Side Bay/Gulf Style Single Family Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances DishwasherDisposalDryerRefrigeratorWasher Cooling Heating Combination A/CHeat Floor Wood Floor Furnished Partially Pre Wired Cable

Property Features

Accessibility Features Accessible Assoc Fee 0.00 Assoc Hoa YN No Assoc Right Of Refusal No City Key West Condition Updated/Remodeled Control Depth 0 Deed Restrictions Unknown Fee Includes None Flood Zone Ae0.2 Pct Annual Ch Handicap Access Yes Key West Neighborhood Old Town-N Of Truman Listing Board Key West Association Mile Marker 1.00 Min Rental Days 30.00 Off Shore Island No Pets Pets Allowed Public Sewer Hookup Yes Rentals Allowed With Restrictions Species List No Sq Ft Source Tax Records Tax Exemptions None Tax Year 2021 Taxes 7291.52 Terms Seller Finance Psble Transient License No Utilities Elect Separate MeterFkaaMunicipal SewerWater Separate Meter Zoning Hro - Historic Residential/Office

Listing courtesy of Philip Wilson of Preferred Properties (Kw).


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