Rare showing opportunity for this busy vacation rental. Schedule your personal showing for Sunday, May 5th. New Lower Price & Absolutely Ready to Sell! Condominium association insurance policies conforming to lender standards are now in place. 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 2023 & 2024 are available with an NDA. A 3D Tour is available for your video tour requests.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1.00
- Full Bathrooms: 1
Interior Features
- Dade County Pine
- Window Treatments
- Storage
- Interior Amenities: Laundry Room
- Furnished Description: Furnished
- Flooring: Tile, Wood
Appliances
- Dishwasher
- Range
- Washer
- Refrigerator
- Microwave
- Dryer
Heating and Cooling
- Ceiling Fans(s)
- Central Air
Exterior and Lot Features
- Fencing
- Privacy Wall/Fence
- Lighting
- Hot Tub
- Porch Description: Deck, Patio
Pool and Spa
- Pool Features: SwimmingPoolYN: Yes, Concrete, In Ground, Decked, Heated Pool: Yes
Land Info
- Lot Description: 50x100
- Lot Size Acres: 0.1147842
- Lot Size Square Feet: 5000
Homeowners Association
- Association: Yes
- Association Amenities: Bldg Exterior Mnt, Common Area Mnt, Building Insurance
- Association Fee: 950
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 950
Rental Info
Amenities and Community Features
- Community Features: Fire Hydrant
Other Property Info
- Annual Tax Amount: 5644.00
- Source Listing Status: Active
- County: Monroe
- Tax Year: 2023
- Source Property Type: Residential - Single Family
- Area: 02 - Key West
- Property Subtype: condo
- Source Neighborhood: Old Town - Unlisted (1.0)
- Parcel Number: 00024470-000105
- Subdivision: Old Town - Unlisted (1.0)
- Zoning: HMDR - Historic Medium De
- Property Subtype: Condo
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 554
- Year Built: 1938
- Construction Materials: Frame
- Entry Level: 1
- Living Area Source: Property Data Card
- Property Age: 86
- Roof: Metal Roof
- House Style: Ground Level
Utilities
- Cable Available
- Water Separate Meter
- Municipal Sewer
- Elect Separate Meter
- FKAA