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901 Eisenhower Drive

Key West, FL 33040
  • $4,975,000
  • STATUS: Active
  • ON SITE: 448 Days
  • MLS #: 604404
UPDATED: 59 min ago
$4,975,000
  • 6
    BEDS
  • 0.36
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 3,788
    SQFT
  • $1,313
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1912
County:

School Ratings & Info

Description

KEY WEST WATERFRONT INVESTMENT OPPORTUNITY!! Once in a lifetime chance to restore and/or redevelop a commercial waterfront property located on the edge of Old Town, Key West. Built prior to 1912 and owned by the same family for over 100 years, 901 Eisenhower Drive is well-sited on an expansive 15,609SF lot and zoned as General Commercial offering endless investment potential. Conditional uses include a restaurant, hotel, or marina.The property is currently set up as a legal five-unit multi-family rental with two structures consisting of a historic main home and a separate cottage. The main residence has 4 units including 5 bedrooms and 4 bathrooms while the separate cottage includes 2 bedrooms and 1 bathroom. Located on Garrison Bight and just a half a block away from Bayview Park, Tennis Courts, and biking distance to the island's best beaches and amenities. Buyer to verify restoration and or development rights. Tenant Occupied/48 hours notice to show - we may not be able to all units on the same day.

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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/137377335
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901 Eisenhower Drive Key West, FL 33040

  • Price: $4,975,000
  • Status: Active
  • On Site: 448 Days
  • Updated: 59 min ago
  • MLS #: 604404
6
Beds
5
Baths
0
½ Baths
0.36
Acres
3,788
SQFT
$1,313
$/SQFT
1912
Built
Neighborhood:
The Meadows
County:
Monroe
Area:
01 - Key West
Property Description
KEY WEST WATERFRONT INVESTMENT OPPORTUNITY!! Once in a lifetime chance to restore and/or redevelop a commercial waterfront property located on the edge of Old Town, Key West. Built prior to 1912 and owned by the same family for over 100 years, 901 Eisenhower Drive is well-sited on an expansive 15,609SF lot and zoned as General Commercial offering endless investment potential. Conditional uses include a restaurant, hotel, or marina.The property is currently set up as a legal five-unit multi-family rental with two structures consisting of a historic main home and a separate cottage. The main residence has 4 units including 5 bedrooms and 4 bathrooms while the separate cottage includes 2 bedrooms and 1 bathroom. Located on Garrison Bight and just a half a block away from Bayview Park, Tennis Courts, and biking distance to the island's best beaches and amenities. Buyer to verify restoration and or development rights. Tenant Occupied/48 hours notice to show - we may not be able to all units on the same day.
Exterior Features

Building Height Ft 30.00 Construction Frame Dockage BasinOther Dockage Land Size 1/4 - 1/2 Acre Lot Size 76x175 Miscellaneous High Traffc LocationResidence on PremiseHigh Visibility Off Street Parking Yes Parking Spaces 5+ Roof Metal Roof Side Bay/Gulf Style Commercial Vehicle Storage Off Street Parking Vehicle Storage Cars 4+ Waterfront Bay Front Waterfront YN Yes Waterview Bay/Gulf View

Interior Features

Appliances DishwasherRangeWasherRefrigeratorDryer Cooling Heating Ceiling Fans(s)Wall/Window Unit(s) Floor TileWood Kitchens 5 Net Leasable Area 3118.00 Windows Doors Jalousie WindowsOther Windows/Doors

Property Features

Assoc Fee 0.00 Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City KEY WEST Commercial Type Apartment 3 or moreOther Comrcl Style Control Depth 4 Deed Restrictions No Electric Circuit BreakersSingle Phase Electric Meters 5 Fee Includes None Fema List No Flood Zone AEAE Key West Neighborhood The Meadows Legal KW BENJ ALBURYS SUBD PB1-3 PT LOT 11 & ALL LOT 12 OF TR 7 Y-586 B3-150 OR393-833/34 OR117-41/42 OR186-490/91 OR771-402/0 License Info Non Trans Rntl Lic Listing Board Key West Association Mile Marker 2.00 Off Shore Island No Potential Short Sale No Potential Short Sale Financial Status No Property Rights Multi-Use/CommercialTransfer Bldg RightsOther/See Remarks Property Type Commercial Recorded Plat Yes Sq Ft Source Tax Records Tax Year 2021 Taxes 12530.80 Tenant Paid CableWaterElectric Terms Buyer Obtain FinancePrivate FinancingOther FinancingNo Seller Finance Title Negotiable Total Units 5.00 Utilities Buyer to VerifySeparate MetersMunicipal SewerFKAA Zoning CG - General Commercial

Listing courtesy of Team Kaufelt 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