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- Unit Size
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- NOI
| Sale Type | Investment | Sale Conditions | 1031 Exchange |
| Cap Rate | 7.00% | APN/Parcel ID | 00027090-000138 |
| No. Parking Spaces | 1 |
| Sale Type | Investment |
| Cap Rate | 7.00% |
| No. Parking Spaces | 1 |
| Sale Conditions | 1031 Exchange |
| APN/Parcel ID | 00027090-000138 |
Description
The time is now to jump into The Key West Commercial investment opportunity, currently at a 7% Cap rate.
This is perfect for you, a fully leased commercial condo to a long standing Key West Tenant, with a proven track record.
The office/retail condo is completely upgraded with a completely new AC system – air handlers and ducts. Brand new storefront windows and front door with new aluminum frame impact rated.
All floors, walls and paint have all been upgraded.. New lights and drop ceiling. All of the leg work has been professionally done, now just invest and enjoy your returns.
The association is professionally managed, and is currently painting the exterior of the buildings.
Monthly association dues are coming down and currently $1,554 a month which does include outside insurance, common area maintenance and exterior building maintenance.
This unit is done and ready for you, call today for more details and to set up a showing!
Today is the Day!
Please do not disturb tenant, thanks! Must sign a Re/Max Commercial NDA for all details on the current lease.
This is perfect for you, a fully leased commercial condo to a long standing Key West Tenant, with a proven track record.
The office/retail condo is completely upgraded with a completely new AC system – air handlers and ducts. Brand new storefront windows and front door with new aluminum frame impact rated.
All floors, walls and paint have all been upgraded.. New lights and drop ceiling. All of the leg work has been professionally done, now just invest and enjoy your returns.
The association is professionally managed, and is currently painting the exterior of the buildings.
Monthly association dues are coming down and currently $1,554 a month which does include outside insurance, common area maintenance and exterior building maintenance.
This unit is done and ready for you, call today for more details and to set up a showing!
Today is the Day!
Please do not disturb tenant, thanks! Must sign a Re/Max Commercial NDA for all details on the current lease.
Sale Notes
The time is now to jump into The Key West Commercial investment opportunity, currently at a 7% Cap rate.
This is perfect for you, a fully leased commercial condo to a long standing Key West Tenant, with a proven track record.
The office/retail condo is completely upgraded with a completely new AC system – air handlers and ducts. Brand new storefront windows and front door with new aluminum frame impact rated.
All floors, walls and paint have all been upgraded.. New lights and drop ceiling. All of the leg work has been professionally done, now just invest and enjoy your returns.
The association is professionally managed, and is currently painting the exterior of the buildings.
Monthly association dues are coming down and currently $1,554 a month which does include outside insurance, common area maintenance and exterior building maintenance.
This unit is done and ready for you, call today for more details and to set up a showing!
Today is the Day!
Please do not disturb tenant, thanks! Must sign a Re/Max Commercial NDA for all details on the current lease.
This is perfect for you, a fully leased commercial condo to a long standing Key West Tenant, with a proven track record.
The office/retail condo is completely upgraded with a completely new AC system – air handlers and ducts. Brand new storefront windows and front door with new aluminum frame impact rated.
All floors, walls and paint have all been upgraded.. New lights and drop ceiling. All of the leg work has been professionally done, now just invest and enjoy your returns.
The association is professionally managed, and is currently painting the exterior of the buildings.
Monthly association dues are coming down and currently $1,554 a month which does include outside insurance, common area maintenance and exterior building maintenance.
This unit is done and ready for you, call today for more details and to set up a showing!
Today is the Day!
Please do not disturb tenant, thanks! Must sign a Re/Max Commercial NDA for all details on the current lease.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit c-22 | 648 SF | Office/Retail | $499,000 ($770.06/SF) | $34,930 |
Unit c-22
| Unit Size |
| 648 SF |
| Condo Use |
| Office/Retail |
| Price |
| $499,000 ($770.06/SF) |
| NOI |
| $34,930 |
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Unit c-22
| Unit Size | 648 SF |
| Condo Use | Office/Retail |
| Price | $499,000 ($770.06/SF) |
| NOI | $34,930 |
| Sale Type | Investment |
| Cap Rate | 7.00% |
| No. Parking Spaces | 1 |
| Sale Conditions | 1031 Exchange |
| APN/Parcel ID | 00027090-000138 |
| Description | |
| The time is now to jump into The Key West Commercial investment opportunity, currently at a 7% Cap rate.<br> <br> This is perfect for you, a fully leased commercial condo to a long standing Key West Tenant, with a proven track record.<br> <br> The office/retail condo is completely upgraded with a completely new AC system – air handlers and ducts. Brand new storefront windows and front door with new aluminum frame impact rated.<br> All floors, walls and paint have all been upgraded.. New lights and drop ceiling. All of the leg work has been professionally done, now just invest and enjoy your returns.<br> <br> The association is professionally managed, and is currently painting the exterior of the buildings.<br> <br> Monthly association dues are coming down and currently $1,554 a month which does include outside insurance, common area maintenance and exterior building maintenance.<br> <br> This unit is done and ready for you, call today for more details and to set up a showing!<br> <br> Today is the Day!<br> <br> Please do not disturb tenant, thanks! Must sign a Re/Max Commercial NDA for all details on the current lease.</li></ul> | |
| Sale Notes | |
| The time is now to jump into The Key West Commercial investment opportunity, currently at a 7% Cap rate.<br> <br> This is perfect for you, a fully leased commercial condo to a long standing Key West Tenant, with a proven track record.<br> <br> The office/retail condo is completely upgraded with a completely new AC system – air handlers and ducts. Brand new storefront windows and front door with new aluminum frame impact rated.<br> All floors, walls and paint have all been upgraded.. New lights and drop ceiling. All of the leg work has been professionally done, now just invest and enjoy your returns.<br> <br> The association is professionally managed, and is currently painting the exterior of the buildings.<br> <br> Monthly association dues are coming down and currently $1,554 a month which does include outside insurance, common area maintenance and exterior building maintenance.<br> <br> This unit is done and ready for you, call today for more details and to set up a showing!<br> <br> Today is the Day!<br> <br> Please do not disturb tenant, thanks! Must sign a Re/Max Commercial NDA for all details on the current lease.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 1,592 SF | Floors | 1 |
| Property Type | Retail (Condo) | Typical Floor Size | 1,592 SF |
| Property Subtype | Restaurant | Year Built | 1987 |
| Building Class | B | Lot Size | 2.06 AC |
| Zoning | HRCC3 - Historic Preservation Overlay District | ||
| Total Building Size | 1,592 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Restaurant |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 1,592 SF |
| Year Built | 1987 |
| Lot Size | 2.06 AC |
| Zoning | HRCC3 - Historic Preservation Overlay District |
Exceptionally walkable
100/100
Exceptionally drivable
100/100
Limited public transit
30/100
Very bikeable
80/100
Nearby Major Retailers
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1075 Duval St
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