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901 Eisenhower Drive

Key West, FL 33040
  • $5,500,000
  • STATUS: Active
  • ON SITE: 112 Days
  • MLS #: 597242
UPDATED: 70 min ago
$5,500,000
  • 7
    BEDS
  • 0.36
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1912
County:

School Ratings & Info

Description

MAJOR 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. 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 The Mullins Team | Coldwell Banker Schmitt Real Estate Company are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.lowerkeyshomes.com/homes/120225245
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901 Eisenhower Drive Key West, FL 33040

  • Price: $5,500,000
  • Status: Active
  • On Site: 112 Days
  • Updated: 70 min ago
  • MLS #: 597242
7
Beds
5
Baths
0
½ Baths
0.36
Acres
1912
Built
Neighborhood:
Old Town-N Of Truman
County:
Monroe
Area:
01 - Key West
Property Description
MAJOR 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. 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

Construction Frame Dockage Basin Land Size 1/4 - 1/2 Acre Lot Size 76X175 Miscellaneous High Traffc LocationHigh VisibilityResidence On Premise Roof Metal Roof Shutters Other Side Bay/Gulf Style Commercial Vehicle Storage Off Street Parking Waterfront Bay Front Waterfront YN Yes Waterview Bay/Gulf View

Interior Features

Appliances DishwasherDryerRangeRefrigeratorWasher Cooling Heating Ceiling FansWindow/Wall Unit Floor Tile FloorWood Floor Kitchens 5 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 Ae Key West Neighborhood Old Town-N Of Truman 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/CommercialOther/See RemarksTransfer Bldg Rights Property Type Commercial Tax Year 2020 Taxes 12444.40 Tenant Paid CableElectricWater Terms Buyer Obtain FinanceNo Seller FinanceOther FinancingPrivate Financing Title Negotiable Total Units 5.00 Utilities Buyer To VerifyFkaaMunicipal SewerSeparate Meters Zoning Cg - General Commercial

Listing courtesy of Team Kaufelt of Truman & Co. (Kw).


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 The Mullins Team | Coldwell Banker Schmitt Real Estate Company are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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The Mullins Team | Coldwell Banker Schmitt Real Estate Company
1201 White Street, Suite 101
Key West FL, 33040