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1075 Duval St
Key West, FL 33040
Multifamily Property For Sale · 32 Units

EXECUTIVE SUMMARY

An exceptional investment opportunity in the heart of Key West's commercial corridor. Two commercial condos have been joined to create a popular and successful 150-seat restaurant in Duval Square. The successful tenant just renewed their lease for a five-year term and has another five-year term remaining. After signing a confidentiality agreement, a buyer may review the NNN Lease in place. Investment opportunity is priced just under a 7 Cap rate.

PROPERTY FACTS

No. Units 32
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 2.02 AC
Building Size 35,000 SF
No. Stories 3
Year Built 1987
Parking Ratio 2.64/1,000 SF
APN / Parcel ID 00027090-000113
Zoning HRCC-3

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Microwave
  • Ceiling Fans
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower
  • Freezer
  • Quartz Countertops

SITE AMENITIES

  • Pool
  • Property Manager on Site
  • Security System

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 32 - -
  • Listing ID: 28701501

  • Date on Market: 6/8/2023

  • Last Updated:

  • Address: 1075 Duval St, Key West, FL 33040