1209 Virginia Street Key West, FL 33040

$3,850,000
1209 Virginia Street, Key West, FL 33040
573227

Commercial Property for sale in Key West, FL

for $3,850,000 with 12 bedrooms and 11 full baths, 1 half bath. This 8,229 square foot building was built in 1911 on a lot size of 100x161.67.

Property Information

  • $3,850,000
  • 12 Bedrooms
  • 11 Full Baths, 1 Half Bath
  • Commercial
  • 8,229 Square Feet
  • Taxes are $17,608
  • Apartment Building
  • Active
  • Lot size of 100x161.67
  • Built in 1911
  • Key West, FL
  • White Street Gallery District Neighborhood
  • Monroe County
  • MLS/Web ID is 573227
  • Listing Agent is Bascom L Grooms

 Virtual Tour

Description

This building was originally constructed as a residence by Eduardo H. Gato and later served as the Mercedes Hospital and is listed on the National Register of Historic Places. This income producing property boasts classic Victorian architecture with Cuban influenced breezeways, atrium, balconies, and courtyard. Currently configured as nine units, each is separately metered. Main building offers seven units and there are two additional detached units overlooking the pool and gardens. The units range from 500 sq. ft. to 1350 sq. ft. and consist of one bedroom units with lofts to two bedroom units. This property boasts elegant high ceilings, pocket doors, wood trim, huge light filled spaces, and private outdoor space. X FLOOD ZONE!

Interior 2

Appliances

  • Dryer
  • Range
  • Refrigerator
  • Washer

Sewer

  • Municipal

Exterior 2

Construction

  • Frame

Waterfront Description

  • Bay

Miscellaneous 1

View

  • No Water View

† Excluded Feature

Listed By

Listing Agent: Bascom L Grooms
Broker: BASCOM GROOMS REAL ESTATE (KW)

1209 Virginia Street, Key West, FL, 33040 is a Commercial Property for sale at $3,850,000 with 8,229 sqft and a lot size of 100x161.67. 1209 Virginia Street has 12 bedrooms, 11.1 baths, and was built in 1911. The property's zip code is 33040 which is in Key West, FL

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Pricing History

Date Price Price Change Description
4/4/2018 $3,850,000 -1.28 % Price Change
12/16/2016 $3,900,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Key West $1,415,949 63 % below $805,000 79 % below
Commerical listings in Key West $2,979,469 23 % below $1,897,500 51 % below

Get the facts about Key West, FL!

Population 25,687
Population Growth (since 2000) 1 %
Median Income $62,201
Median Age 43.09
Households w/ Children 18 %

Residential Dwellings

  • Owned 4799
  • Vacant 2947
  • Rented 6601

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Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363