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1021-1025 White Street

Key West, FL 33040
  • $2,095,000
  • STATUS: Active
  • ON SITE: 9 Days
  • MLS #: 612380
UPDATED: 52 min ago
$2,095,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 3
    1/2 BATHS
  • 3,991
    SQFT
  • $525
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1947
County:

School Ratings & Info

Description

ABSOLUTE PRIME LOCATION: freestanding multi-tenant CBS building perfectly located in the very heart of the busy White St commercial corridor on the NE corner of White and Virginia St, and directly across White St from iconic Sandy's Cafe and across Virginia St from equally iconic Fausto's Food Palace. This 3,991 SF CBS building is currently configured for three retail tenants and is an excellent investment opportunity, ideal for a 1031 Exchange. Two of the 3 tenants front White St (both leases expire Spring 2026). The third, approximately 1500 SF back space's lease recently expired, and sits freshly painted and empty for ease of showing and is available. The back space fronts Virginia St. (the entrance address is 1203 Virginia). The building has outstanding corner visibility for vehicles, bikes, and pedestrians for retail/commercial tenants on one of the busiest commercial corridors and signalized intersections in Old Town Key West. Truly an Old Town steal at $525 PSF at list price, given the top notch condition of the building and its prime location.

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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 Coastal Collection Real Estate Inc. are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.buythekeys.com/homes/158207897
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1021-1025 White Street Key West, FL 33040

  • Price: $2,095,000
  • Status: Active
  • On Site: 9 Days
  • Updated: 52 min ago
  • MLS #: 612380
0
Beds
0
Baths
3
½ Baths
0.11
Acres
3,991
SQFT
$525
$/SQFT
1947
Built
Neighborhood:
Old Town-S Of Truman
County:
Monroe
Area:
02 - Key West
Property Description
ABSOLUTE PRIME LOCATION: freestanding multi-tenant CBS building perfectly located in the very heart of the busy White St commercial corridor on the NE corner of White and Virginia St, and directly across White St from iconic Sandy's Cafe and across Virginia St from equally iconic Fausto's Food Palace. This 3,991 SF CBS building is currently configured for three retail tenants and is an excellent investment opportunity, ideal for a 1031 Exchange. Two of the 3 tenants front White St (both leases expire Spring 2026). The third, approximately 1500 SF back space's lease recently expired, and sits freshly painted and empty for ease of showing and is available. The back space fronts Virginia St. (the entrance address is 1203 Virginia). The building has outstanding corner visibility for vehicles, bikes, and pedestrians for retail/commercial tenants on one of the busiest commercial corridors and signalized intersections in Old Town Key West. Truly an Old Town steal at $525 PSF at list price, given the top notch condition of the building and its prime location.
Exterior Features

Construction CBSStucco Dockage None Land Size Less Than 1/4 Acre Lot Size 4775 Off Street Parking Yes Parking Spaces 1 Shutters Storm Shutters Side N/A Style Commercial Vehicle Storage Off Street Parking Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances Other None Cooling Heating Wall/Window Unit(s)Heat Pump Floor TileWood Net Leasable Area 3991.00

Property Features

Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City KEY WEST Commercial Type Office BuildingsRetailProfessional ServiceGrocery/ConvenienceShop/Strip Center Control Depth 0 Fee Includes None Flood Zone 0.2 PCT ANNUAL CHANC Key West Neighborhood Old Town-S of Truman Legal KW PT OF TR 14 OR840-1942/43 OR1028-683/85C OR1028-688/90 OR1117-1379/81 OR1649-662/64P/R OR1657-2243/44 Listing Board Key West Association Mile Marker 1.00 Potential Short Sale No Potential Short Sale Financial Status No Property Rights Multi-Use/Commercial Property Type Commercial Sq Ft Source Tax Records Tax Year 2023 Taxes 11115.18 Tenant Paid WaterTnt Pays Other UtilsGarbageElectricInsuranceTaxes Total Units 3.00 Utilities FKAAMunicipal Sewer Zoning HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med

Listing courtesy of Keith Bland of Truman & Co. (KW): (305) 292-2244.


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 Coastal Collection Real Estate Inc. are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Coastal Collection Real Estate Inc.
422 Fleming St Suite 7
Key West FL, 33040