718-720 Caroline St - Storefront Retail/Residential FOR SALE


Key West, FL 33040
$2,450,000 USD
305-394-9020
718-720 Caroline St, Key West, FL for Sale
$2,450,000 USD
Storefront Retail/Residential - FOR SALE
1/7
null | 5.66% Cap Rate

718-720 Caroline St
Key West, FL 33040


OVERVIEW

Introducing a prime investment opportunity at 718-720 Caroline Street, Key West, FL. This historic property boasts a 3,424 SF building with three units, offering versatile retail or street retail spaces for savvy investors. Built in 1918 and zoned HNC(1-3) - Hist Nghborhd Comml 1-3 Coastal Med, this meticulously-maintained property captures the essence of Key West's rich architectural heritage. With a 100% occupancy rate, it presents a lucrative prospect for Retail / Street Retail investors seeking a flourishing market with a strong tenant base. Don't miss the chance to own a piece of Key West's history and secure a profitable venture in this sought-after commercial district.

FOR SALE DETAILS

PRICE

$2,450,000 USD

PRICE/SF

$716 USD /SF

CAP RATE

5.66%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1918

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

HNC-2

APN/PARCEL ID

00003560-000102

ASK ABOUT THIS PROPERTY

Will LangleyBerkshire Hathaway Knight & Gardner RealtyMore Info
305-394-9020

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Will LangleyBerkshire Hathaway Knight & Gardner RealtyMore Info
305-394-9020

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.