1114 White Street
Key West, FL 33040
- 1 bed
- 3.5 baths
- 3,660 sqft
- 5,201 sqft lot
- $763 per sqft
- 1945 build
- – on site
An exceptional investment opportunity awaits in Old Town just south of Truman in the Gallery District on White Street. This income-producing property features four newly renovated (2023) commercial spaces and a legal leasable renovated residential apartment, offering a diverse and steady revenue stream. Located in the desirable X Flood Zone, this property is built for durability featuring impact windows and doors throughout. It boasts three separate entrances, providing flexibility for tenants and potential owner-occupants. This property also has the potential to be transformed into a luxurious 3,660 sq. ft. single-family residence. With its spacious layout and separate entrances, the commercial spaces could easily be repurposed into multiple bedrooms or living areas, creating an expansive home with distinct zones for relaxation, entertainment, and work. The bright, open floor plan, high ceilings, and updated finishes in the residential apartment already set the foundation for a seamless transition. Additionally, the 650 sq. ft. event space in the back could become a stunning great room or private studio, while the storage shed could be converted into a garage or additional outdoor living space. Whether you're looking for a spacious family home or a sophisticated live-work environment, this property offers incredible versatility to accommodate your vision.Call to schedule an appointment to see this property today!
Last checked:
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Last updated Feb 11, 2025
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MLS# 613647 —
The Building
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Year Built:1945
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Construction:Concrete, Other
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Style:Single Family
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Building Style:Ground Level
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Windows/Doors:Impact Rstnce Window, Impact Rstnce Doors
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Roof:Other Roof
Interior
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Furnished:Negotiable
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Floor:Tile
Financial & Terms
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Terms:Cash, Conventional
The Property
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Parcel #:00032750-000000
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Property Condition:Updated/Remodeled
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Lot SqFt:5201.00
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Acres:0.12
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Land Size:Less Than 1/4 Acre
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Waterfront:None
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Zoning:HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
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Waterfront:No
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Waterview:No Waterview
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Flood Zone:0.2 PCT ANNUAL CHANC
Listing Agent
- Contact info:
- Agent phone:
- (443) 610-2448
- Office phone:
- (305) 546-1538
Taxes
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Tax Year:2023
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Taxes:14440.01
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Tax Exemptions:None
Beds
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Total Bedrooms:1
Baths
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Total Baths:4.00
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Full Baths:3
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Half Baths:1
The Listing
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Bank Owned:No
Heating & Cooling
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Heating:Central
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Cooling:Central Air, Ceiling Fans(s), Wall/Window Unit(s)
Utilities
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Utilities:FKAA
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Pub Sewer HkUp:Yes
Appliances
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Appliances:Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
The Community
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Subdivision:Gwynn Sub (1.0)
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Dockage:None
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Pets:Pets Allowed
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Fee Includes:None
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Association Info: Mandatory Home Owners Asc:No
Monthly cost estimate
Asking price
$2,795,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$14,966
|
| Taxes | $1,203 |
| Insurance | $768 |
| Utilities | $233 See report |
| Total | $17,170/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/11/25
Feb 11, 2025
|
Listed / Active | FLKMLS | $2,795,000 |
