2322-2324 Seidenberg Avenue, KEY WEST, FL


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About 2322-2324 Seidenberg Avenue

Development Opportunity. (4) townhouse unit complex situated on a heavily landscaped 10,000 sq ft parcel. Comprised of (2) side by side duplexes legally subdivided as ( 4 ) individual, 750 sq ft licensed units, with (4) separate legal descriptions, parcel numbers, insurance policies, & utilities meters. At one time, there were four individual loans on each of the units as well.**** The only common area is the roof over each duplex, the shared wall between the units and walkways between, and on either side of each of the (2) duplexes. **** Each unit has its own laundry room addition directly off the kitchens with separate exterior screen doors - - (4) pairs of new washers & dryers. Current below market rents for each 2 bedroom, 1 bathroom unit runs between $2,225 to $2,900 with the lower rents soon to be increased.***** Always operated as a successful rental property, the units were never sold off, which is definitely the Highest and Best use of the complex. Added value would be to install a lap pool/ patio area in the 100' wide back yard as a common use amenity. 2nd option - would be to provide a private pool area for each of the rear (2) units, giving each one half of the large rear yard, greatly increasing their sale value. Mature landscaping that has been well maintained surrounds the property and separates the units. Other valuable amenities are the over sized covered front porches with high open beamed ceilings offering additional square footage - and - valuable on site parking for 10 cars. The property has been continually well maintained - painted, new air conditioners & water heaters replaced when needed and blinds & curtain rods on all windows. All roof screws were replaced & new ones added to code standards. ***** Under ''Documents Tab'', see the survey with legal descriptions for each unit, floor & site plan & aerial photo. (4) Windstorm, Flood, Fire & Liability policies in place. Call for additional information. Realtor owned.

Features of 2322-2324 Seidenberg Avenue

MLS® # 610098
Price $2,300,000
Bedrooms 8
Bathrooms 4.00
Full Baths 4
Square Footage 750
Acres 0.05
Year Built 1963
Type Residential
Sub-Type Townhouse
Style Townhouse
Status Active

Community Information

Address 2322-2324 Seidenberg Avenue
Area 03 - Key West
Subdivision Key West Realty Cos Sub (3.0)
County Monroe
State FL
Zip Code 33040


Utilities Water Separate Meter, FKAA, Elect Separate Meter, Community Swr Plant
Parking Off Street Parking
View No Waterview
Is Waterfront No
Waterfront None
Has Pool No


Interior Features Smoke Alarms
Appliances Dryer, Washer, Refrigerator, Range
Fireplace No


Lot Description Less Than 1/4 Acre
Windows Jalousie Windows
Roof Metal Roof
Construction CBS, Poured Concrete Cnst

Additional Information

Date Listed May 22nd, 2024
Days on Market 28
Zoning MDR-1 - Medium Desnity Residential
Short Sale No
RE / Bank Owned No
HOA Fees 1.00

Listing Details

AgentRaymond Capas
OfficeBerkshire Hathaway Knight & Gardner

Listing Map

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