23222324 Seidenberg AVE, Key West, FL 33040
23222324 Seidenberg AVE, Key West, FL 33040
23222324 Seidenberg AVE, Key West, FL 33040
23222324 Seidenberg AVE, Key West, FL 33040
23222324 Seidenberg AVE, Key West, FL 33040
23222324 Seidenberg AVE, Key West, FL 33040
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Listed by Raymond J Capas Berkshire Hathaway HomeServices Knight & Gardner Realty
$ 2,100,000
Est. payment | /mo

8 Beds

4 Baths

750 SqFt


Save
$ 2,100,000
Est. payment | /mo
Save

8 Beds

4 Baths

750 SqFt

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 750 sqft

Price per Sqft $2,800

Subdivision Key West Realty Cos Sub (3.0)

MLS Listing ID 610098

Style Above Flood,Townhouse

Bedrooms 8

Full Baths 4

HOA Fees $1

HOA Y/N No

Year Built 1963

Annual Tax Amount $3,690

Tax Year 2023

Lot Size 10,000 Sqft

Acres 0.05

Lot Dimensions 100 x 100

Property Sub-Type Townhouse

Land Area 750

Property Description

Development Opportunity. (4) townhouse unit complex situated on a heavily landscaped 10,000 sq ft parcel. Comprised of (2) side by side duplexes legally subdivided as ( 4 ) individual, 750 sq ft licensed units, with (4) separate legal descriptions, parcel numbers, insurance policies, & utilities meters. At one time, there were four individual loans on each of the units as well.

**** The only common area is the roof over each duplex, the shared wall between the units and walkways between, and on either side of each of the (2) duplexes. **** Each unit has its own laundry room addition directly off the kitchens with separate exterior screen doors - - (4) pairs of new washers & dryers. Current below market rents for each 2 bedroom, 1 bathroom unit runs between $2,225 to $2,900 with the lower rents soon to be increased.

***** Always operated as a successful rental property, the units were never sold off, which is definitely the Highest and Best use of the complex. Added value would be to install a lap pool/ patio area in the 100' wide back yard as a common use amenity. 2nd option - would be to provide a private pool area for each of the rear (2) units, giving each one half of the large rear yard, greatly increasing their sale value. Mature landscaping that has been well maintained surrounds the property and separates the units. Other valuable amenities are the over sized covered front porches with high open beamed ceilings offering additional square footage - and - valuable on site parking for 10 cars. The property has been continually well maintained - painted, new air conditioners, blinds & curtain rods on all windows. All roof screws were replaced & new ones added to code standards. ***** Under ''Documents Tab'', see the survey with legal descriptions for each unit, floor & site plan & aerial photo. (4) Windstorm, Flood, Fire & Liability policies in place. Call for additional information. Realtor owned.

Location

State FL

County Monroe

Area 03 - Key West

Zoning MDR-1 - Medium Desnity Residential

Direction 2322 & 2324 Seidenberg Avenue - located between 5th & 6th Street. Two blocks off of Flagler Avenue in Mid-Town.

Interior

Interior Features Smoke Alarms

Heating Separate Meters, Hot Water

Flooring Terrazzo

Furnishings Unfurnished

Window Features Jalousie Windows,Shutters

Appliance Dryer, Washer, Range, Refrigerator

Laundry Laundry Room

Exterior

Parking Features Off Street

Utilities Available Electric Separate Meter, FKAA, Community Sewer Plant, Water Separate Meter

Waterfront Description None

Roof Type Metal Roof

Porch Open Porch/Balcony

Garage No

Building

Architectural Style Above Flood, Townhouse

New Construction No

Others

HOA Fee Include None

Tax ID 1047198

Acceptable Financing Conventional

Listing Terms Conventional

Pets Allowed No

Nearby Locations

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23222324 Seidenberg AVE