$4,800,000

201 Coppitt Road

Big Coppitt FL, 33040

Description

JUST LISTED!!! 20 Condominium units on the water with great monthly rental income! Rare opportunity to purchase twenty condominiums just minutes from Key West and close to NAS-Key West. Units are 1 bedroom 1 bath with balconies and assigned parking spaces for each unit. Currently all rented long term. This would make great employee housing or possible conversion to vacation rentals. Suburban Commercial zoning permits short term vacation rentals. Building A with sunset views- 6 units, Building B (middle building)- 9 units, and Building C- 5 units. Great opportunity to have controlling interest of Bayside Condominiums as the owner of 20 out of 39 total units. Bayside Condominiums are VA approved making them very marketable for resale individually.

Details

MLS#591780
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1974
Days On Site67

Features

Story(s)3
Units20
ZoningSC - Sub Urban Commercial Distri

Market Activity 33040

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Area Information
StateFL
CountyMonroe
CityBig Coppitt
Zip Code33040
AreaKey West
Listing VS Median (in 33040)
Price:
$4,800,000
low | high
Med:
$691,500
100% of Average
On Site:
67
low | high
Med:
153
43.790849673203% of Average
Listing Updated: 09/26/2020
Bascom L Grooms LogoMLS Number: 591780
Listing Provided By:
Bascom L Grooms  of  Bascom Grooms Real Estate (KW)