1501 Truman Avenue Key West, FL 33040
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
This is a fantastic investment opportunity in the sought-after and quiet neighborhood The Meadows in Key West. With a gross income close to $800,000.00 generated in the last 2 years, this property has proven to be a reliable source of revenue. The real draw is the 3 transient licenses which allow for daily and nightly rentals, making it a prime location in one of the most desirable destination in the country. The shared indoor courtyard with a swimming pool adds to the appeal for guests. The property is a multiplex with 4 units each boasting a kitchen, living room, bedroom and bathroom. The 4th unit is rented at 3k a month on a yearly lease and the income is included in the total revenue.Recently renovated in 2018, the units feature dade county pine, engineered wood flooring, granite countertops, new kitchen cabinets, new appliances, new plumbing and new electrical making it move in ready for guests.Contact us today to schedule a viewing and take the first step towards owning a piece of paradise.
|24 hours ago||Listing updated with changes from the MLS|
|2 days ago||Status changed to Contingent/Show|
|a month ago||Price changed to $3,595,000|
|2 months ago||Price changed to $3,699,000|
|3 months ago||Listing first seen online|
Copyright © 2017-present Key West Multiple Listing Service. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) of the Key West Multiple Listing Service. Real estate listings held by brokerage firms other than Key West Luxury Real Estate Inc (KW)are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.