218 Whitehead St

Investment Highlights

Executive Summary

Location Location Location in the heart of Key West downtown tourist district! Next door to Mel Fisher Museum, it is also across the street from The Audubon House, and opening up onto the new City funded pocket park. Mixed use with 6 commercial spaces and one 3 bedroom two bath apartment. It also Neighbors the custom House Museum, Opal Key Resort, and numerous other attractions. Current tenants include Key West Comedy Club, Kirby?s Closet, Danger Charters, Whitehouse Subs, Caya beauty salon, and Hidden Gems. Several of the commercial units are on month to month leases. All commercial units are NNN. Apartment is currently rented for $3,000 a month.

• Sale Type    Investment NNN
• Sale Condition    Lease Option
• Property Type    Retail
• Property Subtype    Storefront Retail/Residential Storefront Retail/Residential Flex Light Manufacturing General Retail Restaurant General Retail Storefront Retail/Office Storefront Retail/Residential
• Building Size    16,000
• Building Class    B
• Year Built    1942
• Price    4,200,000
• Price Per SF    263
• Percent Leased    100
• Tenancy    Multiple
• Building Height    2 Stories
• Building FAR    1.41
• Land Acres    0.26 AC

• Signage
• Tenant Controlled HVAC
• Air Conditioning