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2322-2324 Seidenberg Avenue

Key West, FL 33040
  • $2,300,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 610098
UPDATED: 89 min ago
$2,300,000
  • 8
    BEDS
  • 0.05
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 750
    SQFT
  • $3,067
    $/SQFT
Neighborhood:
Type:
Townhouse
Built:
1963
County:

School Ratings & Info

Description

Development Opportunity. (4) townhouse unit complex situated on a heavily landscaped 10,000 sq ft parcel. Comprised of (2) side by side duplexes legally subdivided as ( 4 ) individual, 750 sq ft licensed units, with (4) separate legal descriptions, parcel numbers, insurance policies, & utilities meters. At one time, there were four individual loans on each of the units as well.**** The only common area is the roof over each duplex, the shared wall between the units and walkways between, and on either side of each of the (2) duplexes. **** Each unit has its own laundry room addition directly off the kitchens with separate exterior screen doors - - (4) pairs of new washers & dryers. Current below market rents for each 2 bedroom, 1 bathroom unit runs between $2,225 to $2,900 with the lower rents soon to be increased.***** Always operated as a successful rental property, the units were never sold off, which is definitely the Highest and Best use of the complex. Added value would be to install a lap pool/ patio area in the 100' wide back yard as a common use amenity. 2nd option - would be to provide a private pool area for each of the rear (2) units, giving each one half of the large rear yard, greatly increasing their sale value. Mature landscaping that has been well maintained surrounds the property and separates the units. Other valuable amenities are the over sized covered front porches with high open beamed ceilings offering additional square footage - and - valuable on site parking for 10 cars. The property has been continually well maintained - painted, new air conditioners & water heaters replaced when needed and blinds & curtain rods on all windows. All roof screws were replaced & new ones added to code standards. ***** Under ''Documents Tab'', see the survey with legal descriptions for each unit, floor & site plan & aerial photo. (4) Windstorm, Flood, Fire & Liability policies in place. Call for additional information. Realtor owned.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Gamal Riquelme | Sunshine Brokers are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.homesalesfloridakeys.com/homes/150799675
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2322-2324 Seidenberg Avenue Key West, FL 33040

  • Price: $2,300,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 89 min ago
  • MLS #: 610098
8
Beds
4
Baths
0
½ Baths
0.05
Acres
750
SQFT
$3,067
$/SQFT
1963
Built
Neighborhood:
Midtown East
County:
Monroe
Area:
03 - Key West
Property Description
Development Opportunity. (4) townhouse unit complex situated on a heavily landscaped 10,000 sq ft parcel. Comprised of (2) side by side duplexes legally subdivided as ( 4 ) individual, 750 sq ft licensed units, with (4) separate legal descriptions, parcel numbers, insurance policies, & utilities meters. At one time, there were four individual loans on each of the units as well.**** The only common area is the roof over each duplex, the shared wall between the units and walkways between, and on either side of each of the (2) duplexes. **** Each unit has its own laundry room addition directly off the kitchens with separate exterior screen doors - - (4) pairs of new washers & dryers. Current below market rents for each 2 bedroom, 1 bathroom unit runs between $2,225 to $2,900 with the lower rents soon to be increased.***** Always operated as a successful rental property, the units were never sold off, which is definitely the Highest and Best use of the complex. Added value would be to install a lap pool/ patio area in the 100' wide back yard as a common use amenity. 2nd option - would be to provide a private pool area for each of the rear (2) units, giving each one half of the large rear yard, greatly increasing their sale value. Mature landscaping that has been well maintained surrounds the property and separates the units. Other valuable amenities are the over sized covered front porches with high open beamed ceilings offering additional square footage - and - valuable on site parking for 10 cars. The property has been continually well maintained - painted, new air conditioners & water heaters replaced when needed and blinds & curtain rods on all windows. All roof screws were replaced & new ones added to code standards. ***** Under ''Documents Tab'', see the survey with legal descriptions for each unit, floor & site plan & aerial photo. (4) Windstorm, Flood, Fire & Liability policies in place. Call for additional information. Realtor owned.
Exterior Features

Above Flood Unknown Building Style Townhouse Construction CBSConcrete Dockage None Land Size Less Than 1/4 Acre Lot Size 100 x 100 Pool YN No Porch Balcony Open Porch/Balcony Roof Metal Roof Shutters Panel Side Median Style Townhouse Vehicle Storage Off Street Parking Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances DryerWasherRefrigeratorRange Floor Terrazzo Furnished Unfurnished Interior Features Smoke Alarms Specialty Rooms Laundry Room Windows Doors Jalousie Windows

Property Features

Accessibility Features Parking Assoc Fee 1.00 Assoc Hoa YN No Assoc Right Of Refusal No City KEY WEST Condition Updated/Remodeled Control Depth 0 Deed Restrictions No Fee Includes None Flood Zone AE Key West Neighborhood Midtown East Listing Board Key West Association Mile Marker 3.00 Min Rental Days 30.00 Pets No Pets Allowed Public Sewer Hookup Yes Rentals Allowed Yes Sq Ft Source Property Data Card Tax Exemptions None Tax Year 2023 Taxes 3690.81 Terms Conventional Utilities Community Swr PlantWater Separate MeterFKAAElect Separate Meter Zoning MDR-1 - Medium Desnity Residential

Listing courtesy of Raymond Capas of Berkshire Hathaway Knight & Gardner: .


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Gamal Riquelme | Sunshine Brokers are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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