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$2,500,000
Key West, FL 33040
MLS# 608901
1 beds | 2 baths | 2252 sqft
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Property Description
Nestled in the heart of the Old Town district, just two blocks from the Historic Seaport, this endearing building has a stylish 1BR/1BA apartment on the upper level and a charming commercial space at street level. With tile floors, sky lights, stainless-steel appliances & washer/dryer, as a pied-à-terre or full time residence this space is perfect! Outside enjoy a spacious second-floor deck overlooking a tree-lined rear patio, offering a perfect retreat for relaxation. Fully fenced, the rare parcel offers a deep lot and generous backyard to be used in conjunction with a commercial or residential use. The storefront commercial unit has rare, covered street frontage & includes a half bath. HNC-2 Historical Neighborhood Commercial District Zoning allows for many uses, including single-family, business & professional offices, commercial retail low intensity, restaurants with limited seating etc. The property is beer/wine license eligible and for many years was the neighborhood landmark ''Bina's' grocery store. The property has undergone many upgrades in recent years. Live/Work properties are rare in Old-Town and this one has a wonderful mix of attributes. It would certainly be the ultimate Key West solution for a creative professional offering a studio, gallery & home all under one roof in the X flood zone.
Details
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Documents
Contract Information
Current Price: $2,500,000
Listing Date: 2024-02-26
Listing Board: Key West Association
List Price: $2,500,000
Potential Short Sale: No
Bank Owned: No
Location, Tax & Legal
Street #: 811
Street Name: Fleming
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Old Town - Unlisted (1.0)
Mile Marker: 1
Area: 02 - Key West
KW Neighborhood: Old Town-N of Truman
Marathon Neighborhood: N/A
Side: Median
Flood Zone: X FLOOD ZONE
Alternate Key #: 1006173
Parcel #: 00005950-000000
Zoning: HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
Deed Restrictions: Unknown
Legal: KW PT LT 4 SQR 34 OR7-496 OR120-471/72 OR408-907 OR503-915 OR1067-443 OR1305-2205/09 OR1358-141 OR1358-144/45 OR1467-895
Taxes: 6508.62
Tax Year: 2023
Pub Sewer HkUp: Yes
General Property Description
Realtor.COM Type: Residential - Single Family
Style: Duplex
Waterfront: No
Pool: No
Year Built: 1929
Total Units: 2
Lot SqFt: 2324
Lot Sqft Source: Property Data Card
Acres: 0.05
Living Apx SqFt: 2252
SqFt Source: LA Measured
Total Bedrooms: 1
Full Baths: 1
Half Baths: 1
Total Baths: 2
Rentals Allowed: With Restrictions
Min Rental Days: 30
Remarks & Misc
Remarks – Consumer: Nestled in the heart of the Old Town district, just two blocks from the Historic Seaport, this endearing building has a stylish 1BR/1BA apartment on the upper level and a charming commercial space at street level. With tile floors, sky lights, stainless-steel appliances & washer/dryer, as a pied-à-terre or full time residence this space is perfect! Outside enjoy a spacious second-floor deck overlooking a tree-lined rear patio, offering a perfect retreat for relaxation. Fully fenced, the rare parcel offers a deep lot and generous backyard to be used in conjunction with a commercial or residential use. The storefront commercial unit has rare, covered street frontage & includes a half bath. HNC-2 Historical Neighborhood Commercial District Zoning allows for many uses, including single-family, business & professional offices, commercial retail low intensity, restaurants with limited seating etc. The property is beer/wine license eligible and for many years was the neighborhood landmark ''Bina's' grocery store. The property has undergone many upgrades in recent years. Live/Work properties are rare in Old-Town and this one has a wonderful mix of attributes. It would certainly be the ultimate Key West solution for a creative professional offering a studio, gallery & home all under one roof in the X flood zone.
Directions: Fleming St. between William St. & Margaret St.
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Building Style
Above Flood: Unknown
Stories: 2 Stories
Appliances
Other: Hood/Fan Upstairs
Financial Status
Bank Owned: No
Potential Short Sale: No
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: None
Waterview: No Waterview
Dockage: None
Cooling: Ceiling Fans(s); Wall/Window Unit(s)
Porch/Balcony: Open Porch/Balcony; Patio
Utilities: Buyer to Verify; Elect Separate Meter; FKAA; Municipal Sewer; Propane
Interior Features: Built-in Cabinets; Cathedral Ceilings; Granite Counter Top
Appliances: Dishwasher; Disposal; Dryer; Oven; Range; Refrigerator; Washer
Exterior Features: Fencing
Construction: Frame
Windows/Doors: Glass Doors
Floor: Tile
Roof: Metal Roof
Pets: Pets Allowed
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional
Building Sketch 
Listing Office: Truman & Co. (KW)
Last Updated: April - 01 - 2024
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Broker Attribution:
305-587-3407