• 901 Eisenhower Drive DRIVE KEY WEST, FL 33040

  • $4,975,000
  • 6
    Bed(s)
  • 5
    Baths
  • 3,788
    Sq Ft

KEY WEST 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 is zoned General Commercial offering endless investment potential. Conditional uses include a restaurant, hotel, or marina.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.

Property Type :

Multi-family

County :

Monroe

Style :

Multi-family

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Property Details

 

Bedroom Information

Total Bedrooms : 6

Bathroom Information

Total Baths: 5

Full Baths: 5

Interior Features

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

Roofing Information

Metal Roof

Flooring Information

Wood

Heating & Cooling

Cooling: Ceiling Fans(s),Wall/Window Unit(s)

Water Front: Yes

Bay Front

Bay/Gulf View

Window Information

Window Treatments: Aluminum Windows,Other Windows/Doors,Jalousie Windows

Building Information

Year Built: 1912

Total Units: 5.00

Floor Location: 15609

Construction: Frame

Roof: Metal Roof

Exterior Features

Rain Gutters

Guest House Information

Legal

Lot Information

Lot SqFt: 15,609

KW BENJ ALBURYS SUBD PB1-3 PT LOT 11 & ALL LOT 12 OF TR 7 Y-586 B3-150 OR393-833/34 OR117-41/42 OR186-490/91 OR771-402/0

Property Information

SQ ft (Living Area): 3,788

View: Bay/Gulf View

Subdivision: Benj Alburys Subd (2.0)

Listing Price Information

List Price: $4,975,000

Listing Information

Cash,VA,Conventional

Tax Information

Taxes: $12,531

Tax Year: 2021

Tax Exemptions : None

Multi-Unit Information

Pets Allowed: Pets Allowed

Homeowners Association Information

Mandatory Home Owners Asc : No

Condo Doc's : No

Voluntary Home Owners Asc : No

1st Right of Refusal : No

Association Fee $0.00

Utility Information

Buyer to Verify,Elect Separate Meter,Water Separate Meter,Municipal Sewer,FKAA,Cable Available

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 05/13/2024 @ 20:45

MLS: 604403
LISTED BY: Team Kaufelt , Truman & 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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