$5,500,000

901 Eisenhower Drive

Key West FL, 33040

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.

Details

MLS#597237
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1912
Days On Site110

Features

Bed(s)7
Bath(s) 5 Total
SQ Feet3,778
Units5
ZoningCG - General Commercial
Acreage0.36
Water FrontYes

Market Activity 33040

Team Kaufelt LogoMLS Number: 597237
Listing Provided By:
Team Kaufelt  of  Truman & Co. (KW)
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Area Information
StateFL
CountyMonroe
CityKey West
Zip Code33040
AreaKey West
SubareaKey West
Community NameBenj Alburys Subd (2.0)
Listing VS Median (in Benj Alburys Subd (2.0))
Price:
$5,500,000
low | high
Med:
$2,150,000
100% of Average
SqFt:
3,778
low | high
Med:
1,868
100% of Average
$ / SqFt:
$1,456
low | high
Med:
$1,151
70.939264161962% of Average
On Site:
110
low | high
Med:
194
56.701030927835% of Average
Sourced by Back At You
Listing Updated: November 26, 2021 5:22:05 PM PST
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys Board of Realtors.