Key West - Beach Property For Sale #1457684

Opportunities like this do not come up often in Key West! Prime Mixed Use property on Duval St. for sale. Ready for redevelopment with many potential uses 5 or 6 legal units. There are 4 fully Licensed Residential Units ready for renovation. Plus 1 or 2 Commercial retail spaces on the ground floor. Some Foundation and flooring work done under the COM unit.Large 4,200 sf. lot with a good size backyard. Historic 2 Story frame building has total of 4,173 sf. One apartment has the large balcony overlooking Duval St. There is a grandfathered fixed awning over sidewalk for cover & shade.Rental income is below market value and the COM unit is owner occupied. Potential for redevelopment and future appreciation. Zoning allows many Commercial and Residential uses. Property sits in X Flood Zone. Same family ownership since 2003!