907 White Street Unit 5, Key West, FL 33040

$810,000
1
BD
1
BA
554
SqFt
List Price
$810,000
MLS#
608042
Days on Market
107
Year Built
1938
Style
Condo
Bedrooms
1
Bathrooms
1
Living Area
554
Region
Key West
Neighborhood
The Meadows
Subdivision
Old Town - Unlisted (1.0)

Property Description

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 2022 & 2023 are available with an NDA. A 3D Tour is available for your video tour requests.

Additional Information

Hoa Fee Amt
950
Hoa Frequency
Monthly
Hoa Includes
Bldg Exterior Mnt, Common Area Mnt, Building Insurance
Lot Size
5,000
Lot Dimensions
50x100
Roof
Metal Roof
Exterior
Fencing, Privacy Wall/Fence, Lighting, Hot Tub
Interior Features
Dade County Pine, Window Treatments, Storage
Utilities
Cable Available, Water Separate Meter, Municipal Sewer, Elect Separate Meter, FKAA
Floors
Tile, Wood
Appliances
Dishwasher, Range, Washer, Refrigerator, Microwave, Dryer
Pool Desc
Concrete, In Ground, Decked
Waterfront Desc
None
Waterview Desc
No Waterview
Construction
Frame
Cooling
Ceiling Fans(s), Central Air

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Schmitt Real Estate Co. (Kw).