• 907 White Street STREET #5 KEY WEST, FL 33040

  • $807,500
  • 1
    Bed(s)
  • 1
    Baths
  • 554
    Sq Ft

Rare showing opportunity for this busy vacation rental. Schedule your personal showing for Sunday, May 5th.New Lower Price & Absolutely Ready to Sell! Condominium association insurance policies conforming to lender standards are now in place.Location, income, & historic charm in the heartbeat of Key West! Enjoy fresh tropical breezes & watch the passersby from your private front balcony, from this exceptional income producing property. Rare at this low price, the home features a full transient license allowing for unlimited nightly stays, without any rental restrictions or the unwanted potential for upcoming license expiration. The cozy home is completely furnished with all accessories, with a full kitchen & washer & dryer. French doors off the bedroom open to a private deck with a hot tub. This unit is located on the second floor of 1 of 2 historic buildings that comprise the 5 units at Palm Gardens Condominiums. The intimate community offers a heated swimming pool & courtyard. 907 White St. #5 can be purchased with 905 White #2 & 907 White St. #4 to form a lucrative portfolio of rental properties, with discounts available to the buyer when all 3 units are purchased. The property is professionally managed, and due to frequent guest occupancy, showings can only be accommodated on rental turnover days. Income statements for 2023 & 2024 are available with an NDA. A 3D Tour is available for your video tour requests.

Property Type :

Residential - Single Family

Subdivision :

Old Town - Unlisted (1.0)

County :

Monroe

Style :

Residential - Single Family

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Property Details

 

Bedroom Information

Total Bedrooms : 1

Laundry Room

Bathroom Information

Total Baths: 1

Full Baths: 1

Interior Features

Dade County Pine,Window Treatments,Storage

Appliances : Dishwasher,Range,Washer,Refrigerator,Microwave,Dryer

Roofing Information

Metal Roof

Flooring Information

Tile,Wood

Heating & Cooling

Cooling: Ceiling Fans(s),Central Air

Water Front: No

None

No Waterview

Window Information

Window Treatments: Double Hung Windows,French Doors

Building Information

Year Built: 1938

Total Floors: 1

Floor Location: 5000

Construction: Frame

Roof: Metal Roof

Exterior Features

Fencing,Privacy Wall/Fence,Lighting,Hot Tub

Pool Information

Concrete,In Ground,Decked

Heated : Yes

Lot Information

Lot Dimensions: 50x100

Lot SqFt: 5,000

Lot SqFt Source: Tax Records

UNIT 5 & 22% COMMON ELEMENTS PALM GARDENS OF KEY WEST CONDOMINIUM OR2045-1293

Property Information

SQ ft (Living Area): 554

View: No Waterview

Subdivision: Old Town - Unlisted (1.0)

Listing Price Information

List Price: $807,500

Tax Information

Taxes: $5,644

Tax Year: 2023

Parcel Number: 00024470-000105

Tax Exemptions : None

Multi-Unit Information

Restrict: YES

Homeowners Association Information

Mandatory Home Owners Asc : Yes

Condo Doc's : Yes

1st Right of Refusal : No

Association Fee $950.00

Assoc/Mnt Fee Per : Monthly

Utility Information

Cable Available,Water Separate Meter,Municipal Sewer,Elect Separate Meter,FKAA

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
6810 Front Street #SNL1.., Key West, FL,33040 $1,600,000 2 5 1,200 104108 Sqft
6810 Front Street #SHB42, Key West, FL,33040 $350,000 -- -- 104,108 104108 Sqft
6810 Front Street #SNL 8, Key West, FL,33040 $350,000 -- -- 104,108 104108 Sqft
6810 Front Street #SHB7, Key West, FL,33040 $350,000 -- -- 104,108 104108 Sqft
7200 5th Street, Key West, FL,33040 $9,500,000 -- -- 2,371,316 2371316 Sqft
3608 Northside Dr, Key West, FL,33040 $1,149,000 5 3 1,628 5865 Sqft
1500 Albury Street, Key West, FL,33040 $2,600,000 4 3.5 2,240 3500 Sqft
828 Elizabeth Street, Key West, FL,33040 $5,350,000 5 6 2,248 --
1500 Albury Street, Key West, FL,33040 $2,600,000 4 4 2,240 --
1800 Atlantic Boulevard.., Key West, FL,33040 $950,000 2 2 1,311 --

ByOwner last updated this listing 05/07/2024 @ 08:47

MLS: 608042
LISTED BY: Vic Musmanno , Coldwell Banker Schmitt Real Estate Co. (KW)
SOURCE: Florida Keys MLS, Inc.
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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