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1108 White Street, Key West, FL

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1108 White Street

Key West, FL 33040

Property Type:Retail Sub Type:Storefront Retail/Residential Status:Existing , Renov December 2006 Year Built:1933
Building Size:2,799 SF Land Area:.09 AC (3,920 SF)
For Sale Price:$1,550,000 Price/SF:$553.77
Cap Rate:-

Mixed use building with one ground floor commercial unit and two residential units. Located in the center of the White Street Gallery District. Recently renovated throughout.

There is a ground level rear 2 bed/2 bath apartment and a large 1 bed/1 bath apartment upstairs with finished attic space for storage. Units are managed as monthly vacation rentals. Units have oak floors, central A/C, maple kitchen cabinets and granite countertops, high ceilings and stainless steel appliances. Has laundry room and large rear decks with second floor canvas awning.

Sale Notes:
Your chance to own a fantastic two story, mixed use, three unit condo conversion. Two residential units & one street-side retail space with maximum pedestrian traffic exposure. Upstairs is a 1BR/1BA with huge private deck & finished attic space with tons of storage. Downstairs is a 2BR/2BA with great outdoor space. Polished oak floors, high ceilings, central A/C, Hunter fans & hurricane rated French Doors opening onto the extensive rear decking. Residences have open kitchens, granite counter tops, maple cabinets & stainless steel appliances. Downstairs commercial unit is presently a salon. Rental Income for the commercial space is $2,600 monthly, upstairs unit is $2,000 monthly and downstairs unit is currently $2,350 monthly. Total gross monthly income stream is $6,950. Do not pass on this great investment opportunity! Confidentiality Agreement is available on LoopNet; please complete and sign to receive financials.

US1 South (Truman Avenue) to White Street. Left on White St for 1 1/2 blocks and destination is on your right.

Truman & Co.
Keith Bland
(305) 292-2244

Kent Ducote
(305) 292-2244

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