Listing Courtesy of: KEY WEST AOR / Vacasa Florida LLC / Rick Haskins
$3,750,000
6
BED
7
BATH
2,488
SQFT
309 Louisa Street Key West, FL 33040
Active (383 Days) Vacasa-managed
Vacasa Est. Annual Revenue Estimated Annual Revenue is an estimate of the gross rental proceeds the property could generate if offered as a vacation rental, based on information Vacasa has about this property and the rental performance of similar properties. Actual rental proceeds could differ materially from this estimate and Vacasa makes no representations or warranties about its accuracy. Learn more
$56,896
Vacasa Est. Cap Rate Estimated Cap Rate is an estimate of the capitalization rate for this property, derived by taking the estimated gross rental proceeds the property could generate if offered as a vacation rental, less estimated expenses, divided by the price. The actual cap rate could differ materially from this estimate and Vacasa makes no representations or warranties about its accuracy. Learn more
0.50%

Rental Projections

Get the full breakdown Customize Report
 

Comments

Located in a quiet, residential neighborhood, this complex is just a short walk from Duval Street, considered to be the most popular street in all of Key West! This property has 5 transient licenses and is comprised of 2 buildings including one 4-studio unit building and a separate 2bd/3ba cottage. Each one of the units can be rented individually or as whole. An exciting and unique opportunity for family reunions, destination weddings or entertaining. This gorgeous old town property boasts a tropical themed courtyard complete with a swimming pool, outdoor dining area, sundeck and a bar. Current Insurances: Liability: $3,161 a year Flood: $3,106 a year

MLS #
585624
Taxes
$13,011 (2017)
Lot Size
9,430 SQFT
Type
Multifamily
Year Built
1943
Style
Conch, Ground Level
Views
Yes
County
Monroe County
Community
Old Town-S of Truman
Bathroom Details
  • Full Bathrooms: 6
  • Half Bathrooms: 1
Interior Features
  • Dryer
  • Range
  • Refrigerator
  • Washer
  • Windows and Doors : Sliding Glass Doors
  • Windows and Doors : Double Hung Windows
  • Built-In Cabinets
  • Laundry Room Laundry Room
  • Furnished/Unfurnished : Furnished
Subdivision
  • Old Town - Unrecord (1.0)
Heating and Cooling
  • Central A/C
  • Ceiling Fans
Pool Information
  • Concrete
  • In Ground
Exterior Features
  • Roof: Metal Roof
  • Roof: Combo Roof
Utility Information
  • Sewer: Yes
Location
   
Calculate drive times to this property
 

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Feb 06, 2020
Price Changed
$3,750,000
-4%
-150,000
Dec 17, 2019
Price Changed
$3,900,000
-7%
-300,000
Sep 30, 2019
Price Changed
$4,200,000
-7%
-295,000

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Jayne Hardy
Jayne Hardy