Active
1114 White Street
Key West FL, 33040
$2,795,000
$763.66 per sqft
Active
1 Bed
4 Baths
3,660 sqft
Residential
Built in 1945
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!
613647
MLSⓇ ID
February 11, 2025
Listed
February 20, 2025
Updated
Interior Features
Bedrooms
1
Total Bathrooms
4
Full Bathrooms
3
Half Bathrooms
1
Interior Features
Impact Rstnce Window, Impact Rstnce Doors
Appliances
Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
Floor Description
Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Ceiling Fans(s), Wall/Window Unit(s)
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.12 Acres
Roof
Other Roof
School Information
School District
No
Other Property Details
Area Name
02 - Key West
Taxes
$14,440
Tax Frequency
Annually
Days on Market
8
Association Amenities
None
Garage
No
View
Yes
View Description
No Waterview
County
Monroe
Pool
No
Waterfront Features
None
Utilities
FKAA
Zoning
HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
Listed by Kate Green with Old Town Realty
Listing Contact:
The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 2/20/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
©2025 Florida Keys Board of REALTORS® all rights reserved.
Data last updated on 2/20/2025 at 1:37 AM UTC