901 Eisenhower, Key West, FL 33040

$4,999,000
6
BD
5
BA
3,118
SqFt
List Price
$4,999,000
MLS#
601372
Days on Market
68
Year Built
1912
Style
Multi-Units
Bedrooms
6
Bathrooms
5
Acres
0.36
Living Area
3,118
Region
Key West
Neighborhood
The Meadows
Subdivision
Benj Alburys Subd (2.0)

Property Description

WATERFRONT 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.

Additional Information

Hoa Includes
None
Lot Size
15,609
Roof
Metal Roof
Exterior
Gutters
Utilities
Buyer to Verify, Cable Available, Elect Separate Meter, FKAA, Municipal Sewer, Water Separate Meter
Floors
Wood Floor
Appliances
Dishwasher, Dryer, Oven, Range, Refrigerator, Washer
Waterfront Desc
Bay Front
Waterview Desc
Bay/Gulf View
Construction
Frame
Cooling
Ceiling Fans, Window/Wall Unit

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Truman & Co. (Kw).