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

 

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