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Property Description

Property closed as a 3 year lease with 2 1- year options to renew and right to purchase at any time along the way; $750,000 key money down, $30,000 per month (NNN); tenant pays all expenses. Tenant has option to buy based on a $5,150,000 purchase price; Key money and monthly lease payments reduce amount owed to Lessor/Seller if/when Lessee/Buyer decides to purchase.

Overview

Property Status
Sold
Lot Size
4,470 Sq.Ft.
MLS ID
614898
Property Type
Commercial
Year Built
1928

Features & Amenities

Water Frontage
None
View Description
No Waterview
Utilites
FKAA, Propane, Municipal Sewer
Lot Features
Less Than 1/4 Acre
HOA Amenities
None
Sales Price
$1,830,000
Real Estate Tax
$17,116/yr
Zoning
HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl

Downloads

816 Duval Street

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

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Thank you

for your interest in 816 Duval Street, Key West, FL 33040

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Property Description

Property closed as a 3 year lease with 2 1- year options to renew and right to purchase at any time along the way; $750,000 key money down, $30,000 per month (NNN); tenant pays all expenses. Tenant has option to buy based on a $5,150,000 purchase price; Key money and monthly lease payments reduce amount owed to Lessor/Seller if/when Lessee/Buyer decides to purchase.

Overview

Property Status
Sold
Lot Size
4,470 Sq.Ft.
MLS ID
614898
Property Type
Commercial
Year Built
1928

Features & Amenities

Water Frontage
None
View Description
No Waterview
Utilites
FKAA, Propane, Municipal Sewer
Lot Features
Less Than 1/4 Acre
HOA Amenities
None
Sales Price
$1,830,000
Real Estate Tax
$17,116/yr
Zoning
HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl

Downloads

816 Duval Street

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

Enter a valid email

Thank you

for your interest in 816 Duval Street, Key West, FL 33040

back to page
816 Duval Street
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