Price Change History: -10.73% ($300,000) 1 Price Change : Last Change 33 Days Ago
1114 White Street , FL - KEY WEST
1 Beds, 3 Baths (full), Residential Income
Prime Income-Producing Property in Old Town on White St.An exceptional investment opportunity awaits in Old Town just south of Truman in the Gallery District on White Street. This 3,660 sq. ft. 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 and peace of mind, featuring impact windows and doors throughout. It boasts three separate entrances, providing flexibility for tenants and potential owner-occupants. The 650 SF area in the back of the commercial space makes an excellent location for special events such as parties, receptions and speciality dinners. Additionally, off-street parking adds convenience for residents or businesses. The nearly 1300 SF renovated residential apartment boasts high ceilings, a gorgeous kitchen, bright living space, one large bedroom, two full bathrooms and a bonus room with built in trundle bed that could be used as a second bedroom. A unique live-and-work opportunity, this property is perfect for an investor or business owner looking to reside on-site while generating income. A large storage shed (approximately 180 sq. ft.) on the south side of the building offers additional storage space or covered parking, enhancing the propertys functionality.With excellent visibility, high foot traffic, and a strong tenant mix, this is a turnkey investment with long-term appreciation potential. New owners will benefit from the gorgeous entire building renovation. Dont miss this chance to own a versatile, fully renovated, income-generating property!
Listing Summary for 1114 White Street
Price:
$2,495,000
Bedrooms:
1
Bathrooms:
3
Half Baths:
n/a
Square Footage:
3,660
Lot Sq. Ft.:
5,201
Year Built:
n/a
Property Type:
Commercial
Sub-Type:
Residential Income
MLS® #:
613587
Status:
Active
Address:
1114 White Street
City:
Key West
State:
FL
Zip:
33040
County:
Monroe
Key:
Key West
Side of Island:
N/A
Community:
Gwynn Subdivision
Mile Marker:
1.00
Tax Year:
2023
Date Listed:
02-07-2025
Additional Information
Is Waterfront:
No
Waterfront Type:
n/a
View
n/a
Has Pool:
n/a
Pool Info:
n/a
Short Sale:
No
Foreclosure:
No
Pets:
n/a
Docakge Type:
n/a
Dockage Length:
n/a
Dockage Seawall:
n/a
Dockage Construction:
n/a
Security:
n/a
Building Construction:
n/a
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The information being provided by the Florida Keys MLS is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. The MLS data provided for the property above (613587) is provided courtesy of (Old Town Realty). Data last updated on 04-19-2025.
