2322-2324 Seidenberg Avenue

Key West, FL 33040

$2,300,000
Price
8
Beds
4
Baths
750 Sq. Ft.
$3,067 / Sq. Ft.
750
Sq. Ft.
$3,067
per Sq. Ft.

Description

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...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.
  1. Listed by Raymond J Capas • Berkshire Hathaway Knight & Gardner • 305-294-5155

Property Details for 2322-2324 Seidenberg Avenue

Waterfront
None
Waterfront
No
Zoning
MDR-1 - Medium Desnity Residential
Subdivision
Key West Realty Cos Sub (3.0)
Directions
2322 & 2324 Seidenberg Avenue - located between 5th & 6th Street. Two blocks off of Flagler Avenue in Mid-Town.
Building Style
Townhouse
Vehicle Storage
Off Street Parking
Pets
No Pets Allowed

Location

Listing Courtesy of Berkshire Hathaway Knight & Gardner
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LISTING UPDATED: 05/23/2024 05:05 PM

Property Details for 2322-2324 Seidenberg Avenue

StatusActive
MLS #610098
Days on Market35
Taxes$3,691 / year
HOA Fees$1
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Townhouse
Year Built1963
Lot Size0.23 AC / 10,000 SF
CountyMonroe County

Location

Listing Courtesy of Berkshire Hathaway Knight & Gardner
Add your commute

Building Information for 2322-2324 Seidenberg Avenue

Stories-Year Built1963Building Size-Lot Size0.23 AC / 10,000 SF

Payment Calculator

$12,861 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,552

Property Taxes

$308

HOA Dues

$1

The Payment Calculator is for illustrative purposes only.

Property Information for 2322-2324 Seidenberg Avenue

Summary
Location and General Information
  • Waterview: No Waterview
  • Area: 03 - Key West
  • Absolute Longitude: 81.776331
  • Control Depth: 0
  • Listing Board: Key West Association
  • Side: Median
  • KW Neighborhood: Midtown East
  • Mile Marker: 3.0
  • Marathon Neighborhood: N/A
  • Accessibility Feat: Parking
  • Key/Island: Key West
Owner
  • Owner Name: Cadence Investments Llc
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: No
  • Association Info: Condo Doc's: No
  • Association Info: 1st Right of Refusal: No
  • Fee Includes: None
  • Furnished: Unfurnished
  • Tax Year: 2023
  • Tax Exemptions: None
Property
Lot Information
  • Lot Size: 100 x 100
  • Acres: 0.05
  • SqFt Remarks: All 4 units identical with 750 sq ft under air conditioning. Addition 4 enclosed laundry rooms & covered front porches
  • Parcel #: 1047198
  • Land Size: Less Than 1/4 Acre
Property and Assessments
  • Legal: KW KW REALTY CO'S FIRST SUB PB1-43 PT LOT 11 SQR 13 TR 21 A/K/A UNIT 3 & 1/4 INT IN PARCEL 6 & 1/2 INT IN PARCEL 7 OR27
  • MLS Approved: Y
  • Limited Representation: No
  • SqFt Source: Property Data Card
  • Flood Zone: AE
  • Rentals Allowed: Yes
  • Deed Restrictions: No
  • Picture Count: 53
  • Document Count: 5
  • Building Style: Above Flood: Unknown
  • Property Condition: Updated/Remodeled
Utilities
  • Utilities: Community Swr Plant, Water Separate Meter, FKAA, Elect Separate Meter
  • Pub Sewer HkUp: Yes
  • Pool: No
  • Porch/Balcony: Open Porch/Balcony
Interior and Exterior Features
Interior Features
  • Floor: Terrazzo
  • Interior Features: Smoke Alarms
  • Appliances: Dryer, Washer, Refrigerator, Range
Exterior Features
  • Roof: Metal Roof
  • Shutters: Panel
  • Construction: CBS, Concrete
  • Dockage: None
  • Windows/Doors: Jalousie Windows
Room Information
  • Specialty Rooms: Laundry Room

Property History for 2322-2324 Seidenberg Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2322-2324 Seidenberg Avenue

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Charter - 9 to 12
Public - 7 to 12
Rating
School
Distance
Poinciana Elementary School
PublicPK to 5

Somerset Island Prep
Charter9 to 12

Keys Center
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2322-2324 Seidenberg Avenue is a single family home for sale in Key West, FL 33040. This property was listed for sale on May 22, 2024 by Berkshire Hathaway Knight & Gardner, it's currently listed at $2,300,000. This listing's school district is Monroe. Nearby schools include Poinciana Elementary School, Lower Keys Academic Connections for Excellence and Somerset Island Prep. 2322-2324 Seidenberg Avenue is a 8-bed, 4-bath, 750 sqft single family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway Knight & Gardner

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.