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    2027 Flagler Avenue

    Key West, FL 33040
    • $875,000
    • STATUS: Active
    • ON SITE: 37 days
    • MLS #: 594363
    UPDATED: 17 min ago
    $875,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 1
      BATHS
    • 1
      1/2 BATHS
    • 1,186
      SQFT
    • $738
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1950
    County:

    School Ratings & Info

    Description

    Stand-alone CBS office building now being offered for sale is located in a high-visibility, high-traffic area on Flagler Avenue near Key West High School. The building has 5 offices, a common lobby, common bathroom and off-street parking for 6 vehicles. One of the larger offices has a private full bathroom. This solid investment provides stable rental income, easy entry into the vibrant Key West real estate market and/or an exclusive building for a business. In 2006, sound-resistant windows and doors were installed as part of the Monroe County airport program. Roll-down and panel hurricane shutters convey. Legal signage is in place on Flagler Ave with more space for legal signage on Third St. (not currently used).A bus stop is located directly in front of the building on Flagler Ave. Actual insurance rates must be obtained by the prospective buyer from a licensed insurance agent as owner self insurers. A 5% vacancy rate is assumed in expenses. Rent is calculated at 100% PRI.

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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/113663187
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    2027 Flagler Avenue Key West, FL 33040

    • Price: $875,000
    • Status: Active
    • Updated: 17 min ago
    • MLS #: 594363
    0
    Beds
    1
    Baths
    1
    ½ Baths
    0.11
    Acres
    1,186
    SQFT
    $738
    $/SQFT
    1950
    Built
    Neighborhood:
    Midtown East
    County:
    Monroe
    Area:
    03 - Key West
    Property Description
    Stand-alone CBS office building now being offered for sale is located in a high-visibility, high-traffic area on Flagler Avenue near Key West High School. The building has 5 offices, a common lobby, common bathroom and off-street parking for 6 vehicles. One of the larger offices has a private full bathroom. This solid investment provides stable rental income, easy entry into the vibrant Key West real estate market and/or an exclusive building for a business. In 2006, sound-resistant windows and doors were installed as part of the Monroe County airport program. Roll-down and panel hurricane shutters convey. Legal signage is in place on Flagler Ave with more space for legal signage on Third St. (not currently used).A bus stop is located directly in front of the building on Flagler Ave. Actual insurance rates must be obtained by the prospective buyer from a licensed insurance agent as owner self insurers. A 5% vacancy rate is assumed in expenses. Rent is calculated at 100% PRI.
    Exterior Features

    Construction Cbs Dockage None Land Size Less Than 1/4 Acre Lot Size 50 X 100 Miscellaneous High Traffc LocationHigh VisibilityLobby Off Street Parking Yes Parking Spaces 6 Roof Other Roof Shutters AccordionRoll Down Manual Side Median Style Commercial Vehicle Storage Off Street Parking Vehicle Storage Cars 4+ Waterfront None Waterfront YN No Waterview No Waterview

    Interior Features

    Appliances DryerRefrigeratorWasher Cooling Heating Central A/C Floor Tile Floor Interior Features Smoke Alarms Refrigerators 1 Washers 1 Windows Doors Other Windows/Doors

    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 BuildingsOther ServicesProfessional Service Control Depth 0 Deed Restrictions Unknown Dryers 1 Fee Includes None Flood Zone Ae8 Key West Neighborhood Midtown East Listing Board Key West Association Mile Marker 3.00 Potential Short Sale No Potential Short Sale Financial Status No Property Type Commercial Sq Ft Source Tax Records Tax Year 2019 Taxes 2595.76 Tenant Paid Tnt Pays No Utils Utilities FkaaMunicipal Sewer Zoning Cl - Limited Commercial

    Listing courtesy of Regan Butler of Truman & Co. (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 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.
    94 Seaside North Ct.
    Key West FL, 33040