218 Whitehead St
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218 Whitehead St
7,755 SF 100% Leased Retail Building Key West, FL 33040 $4,100,000 ($529/SF)
Investment Highlights
- Next to Mel Fisher Museum
- New City park recently added
- Prime Downtown Location
Executive Summary
Location Location Location in the heart of Key West downtown tourist district! Next door to Mel Fisher Museum, it is also across the street from The Audubon House, and opening up onto the new City funded pocket park. Mixed use with 6 commercial spaces and one 3 bedroom two bath apartment. It also Neighbors the custom House Museum, Opal Key Resort, and numerous other attractions. Current tenants include Key West Comedy Club, Kirby’s Closet, Danger Charters, Whitehouse Subs, Caya beauty salon, and Hidden Gems. Several of the commercial units are on month to month leases. All commercial units are NNN. Apartment is currently rented for $3,000 a month.
Property Facts
Sale Type
Investment NNN
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Building Size
7,755 SF
Building Class
B
Year Built
1942
Price
$4,100,000
Price Per SF
$529
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.68
Land Acres
0.26 AC
Zoning
HPRD - Commercial
Frontage
116 FT on Whitehead St
Amenities
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Walk Score ®
Very Walkable (85)
Bike Score ®
Very Bikeable (81)
PROPERTY TAXES
| Parcel Number | 00001630-000700 | Improvements Assessment | $1,709,749 |
| Land Assessment | $1,347,658 | Total Assessment | $3,057,407 |
PROPERTY TAXES
Parcel Number
00001630-000700
Land Assessment
$1,347,658
Improvements Assessment
$1,709,749
Total Assessment
$3,057,407
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218 Whitehead St
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