901 Eisenhower Drive

Key West, FL 33040

$4,975,000
Price
6
Beds
5
Baths
3,788 Sq. Ft.
$1,313 / Sq. Ft.
3,788
Sq. Ft.
$1,313
per Sq. Ft.

Description

Key west investment opportunity! Once in a lifetime chance to restore and or redevelop a commercial waterfront property located on the edge of Old Town, Key West. Built prior to 1912 and owned by the same family for over 100 years, 901 Eisenhower Drive is well-sited on an expansive 15,609SF lot and is zoned General Commercial offering endless investment potential. Conditional uses include a restaurant, hotel, or marina. The property is currently set up as a legal five-unit multi-family rental with...Key west investment opportunity! Once in a lifetime chance to restore and or redevelop a commercial waterfront property located on the edge of Old Town, Key West. Built prior to 1912 and owned by the same family for over 100 years, 901 Eisenhower Drive is well-sited on an expansive 15,609SF lot and is zoned General Commercial offering endless investment potential. Conditional uses include a restaurant, hotel, or marina. The property is currently set up as a legal five-unit multi-family rental with two structures consisting of a historic main home and a separate cottage. The main residence has 4 units including 5 bedrooms and 4 bathrooms while the separate cottage includes 2 bedrooms and 1 bathroom. Located on Garrison Bight and just a half a block away from Bayview Park, Tennis Courts, and biking distance to the island's best beaches and amenities. Buyer to verify restoration and or development rights. Tenant Occupied/48 hours notice to show - we may not be able to all units on the same day.
  1. Listed by Team Kaufelt • Truman & Co. (KW)
  2. Listed by Damian Vantriglia • Truman & Co. (KW)

Property Details for 901 Eisenhower Drive

Waterfront
Bay Front
Waterfront
Yes
Zoning
CG - General Commercial
Subdivision
Benj Alburys Subd (2.0)
Building Style
Conch
Vehicle Storage
Off Street Parking
Pets
Pets Allowed

Location

Listing Courtesy of Truman & Co. (KW)
Add your commute
LISTING UPDATED: 04/01/2024 11:03 AM

Property Details for 901 Eisenhower Drive

StatusActive
MLS #604403
Days on Market432
Taxes$12,531 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / Multi-Units
Year Built1912
Lot Size0.36 AC / 15,609 SF
CountyMonroe County

Location

Listing Courtesy of Truman & Co. (KW)
Add your commute

Building Information for 901 Eisenhower Drive

Stories-Residences5Year Built1912Building Size-Lot Size0.36 AC / 15,609 SF

Payment Calculator

$28,195 per month

30 year fixed, 7.25% Interest

Principal and Interest

$27,151

Property Taxes

$1,044

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 901 Eisenhower Drive

Summary
Location and General Information
  • Waterview: Bay/Gulf View
  • Area: 01 - Key West
  • Absolute Longitude: 81.788447
  • Control Depth: 4
  • Off Shore Island: No
  • Listing Board: Key West Association
  • Side: Bay/Gulf
  • KW Neighborhood: The Meadows
  • Mile Marker: 2.0
  • Marathon Neighborhood: N/A
  • Neighborhood Feature: Bike Paths, Other Area Features, Tennis Courts
  • Key/Island: Key West
Owner
  • Owner Name: Of Record
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: No
  • Association Info: Condo Doc's: No
  • Association Info: Voluntary Home Owners Asc: No
  • Association Info: 1st Right of Refusal: No
  • License Info: # of City License: 5
  • Fee Includes: None
  • Furnished: Unfurnished
  • Tax Year: 2021
  • Tax Exemptions: None
Property
Lot Information
  • Acres: 0.36
  • Land Size: 1/4 - 1/2 Acre
Property and Assessments
  • Legal: KW BENJ ALBURYS SUBD PB1-3 PT LOT 11 & ALL LOT 12 OF TR 7 Y-586 B3-150 OR393-833/34 OR117-41/42 OR186-490/91 OR771-402/0
  • MLS Approved: Y
  • Bank Owned: No
  • Limited Representation: No
  • SqFt Source: Tax Records
  • Flood Zone: AE,AE
  • Rentals Allowed: With Restrictions
  • Deed Restrictions: No
  • Picture Count: 62
  • Document Count: 0
  • Building Style: Above Flood: Unknown
  • Property Condition: Fixer Upper
  • Title: Negotiable
Utilities
  • Utilities: Buyer to Verify, Elect Separate Meter, Water Separate Meter, Municipal Sewer, FKAA, Cable Available
  • Pub Sewer HkUp: Yes
  • Species List: No
  • Pool: No
  • Porch/Balcony: Open Porch/Balcony
Interior and Exterior Features
Interior Features
  • Floor: Wood
  • Pre-Wired: Cable
  • Appliances: Dishwasher, Range, Washer, Refrigerator, Oven, Dryer
Exterior Features
  • Roof: Metal Roof
  • Shutters: Other
  • Construction: Frame
  • Dockage: None
  • Exterior Features: Rain Gutters
  • Windows/Doors: Aluminum Windows, Other Windows/Doors, Jalousie Windows
Room Information
  • Specialty Rooms: Guest/Servant Qtrs: Legal

Property History for 901 Eisenhower Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 901 Eisenhower Drive

Taxable ValueLand$2,669,178Additions$628,291Total$3,297,469
Tax Record2023$19,731 ($1,644 / month)
Home Facts
Baths6Total Finished SqFt3,118 SqFtAbove Grade Finished SqFt3,118 SqFtStories2Lot Size17,778 SqFtStyleMulti-Family Dwelling (2-4)Year Built1943Year Renovated2012CountyMONROEAPN00023230-000000

Schools near 901 Eisenhower Drive

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 8
Charter - 9 to 12
Charter - PK to 8
Public - 5 to 12
Rating
School
Distance
Horace O'bryant School
PublicPK to 8

Somerset Island Prep
Charter9 to 12

May Sands Montessori School
CharterPK to 8

Monroe Virtual Franchise
Public5 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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901 Eisenhower Drive is a multi-family home for sale in Key West, FL 33040. This property was listed for sale on March 1, 2023 by Truman & Co. (KW), it's currently listed at $4,975,000. This listing's school district is Monroe. Nearby schools include Horace O'bryant School, Somerset Island Prep and May Sands Montessori School. 901 Eisenhower Drive is a 6-bed, 5-bath, 3,788 sqft multi-family home built in 1912.

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Truman & Co. (KW)

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.