About 907 White Street 5
Location, income, & historic charm in the heartbeat of Key West! Enjoy fresh tropical breezes & watch the passersby from your private front balcony, from this exceptional income producing property. Rare at this low price, the home features a full transient license allowing for unlimited nightly stays, without any rental restrictions or the unwanted potential for upcoming license expiration. The cozy home is completely furnished with all accessories, with a full kitchen & washer & dryer. French doors off the bedroom open to a private deck with a hot tub. This unit is located on the second floor of 1 of 2 historic buildings that comprise the 5 units at Palm Gardens Condominiums. The intimate community offers a heated swimming pool & courtyard. 907 White St. #5 can be purchased with 905 White #2 & 907 White St. #4 to form a lucrative portfolio of rental properties, with discounts available to the buyer when all 3 units are purchased. The property is professionally managed, and due to frequent guest occupancy, showings can only be accommodated on rental turnover days. Income statements for 2022 & 2023 are available with an NDA. A 3D Tour is available for your video tour requests.
Features of 907 White Street 5
| MLS® # | 608042 |
|---|---|
| Price | $810,000 |
| Bedrooms | 1 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 554 |
| Land Size | 0 |
| Year Built | 1938 |
| Type | Residential |
| Sub-Type | Condo |
| Style | Ground Level |
| Status | Active |
Community Information
| Address | 907 White Street 5 |
|---|---|
| Area | 02 - Key West |
| Subdivision | Old Town - Unlisted (1.0) |
| City | KEY WEST |
| County | Monroe |
| State | FL |
| Zip Code | 33040 |
Amenities
| Amenities | Fire Hydrant |
|---|---|
| Utilities | Cable Available, Water Separate Meter, Municipal Sewer, Elect Separate Meter, FKAA |
| View | No Waterview |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | Yes |
| Pool | Concrete, In Ground, Decked |
Interior
| Interior Features | Dade County Pine, Window Treatments, Storage |
|---|---|
| Appliances | Dishwasher, Range, Washer, Refrigerator, Microwave, Dryer |
| Cooling | Ceiling Fans, Central A/C |
| Fireplace | No |
Exterior
| Exterior Features | Fencing, Privacy Wall/Fence, Landscape Lighting, Hot Tub |
|---|---|
| Lot Description | Less Than 1/4 Acre |
| Windows | Double Hung Windows, French Doors |
| Roof | Metal Roof |
| Construction | Frame |
| Neighborhood Features | Fire Hydrant |
Additional Information
| Date Listed | January 5th, 2024 |
|---|---|
| Days on Market | 118 |
| Zoning | HMDR - Historic Medium Density Residential |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 950.00 |
| HOA Fees Freq. | Monthly |
Listing Details
| Agent | Vic Musmanno |
|---|---|
| Office | Coldwell Banker Schmitt Real Estate Co. (KW) |