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Friday, December 8, 2017

1109 Petronia Street, Key West - Just Listed - Legal Duplex

Just Listed - 1109 Petronia Street, Key West, Florida. This is a sweet legal duplex located on a quiet little block just east of the Key West cemetery. Petronia Street at this location runs only two blocks from White Street to Frances Street where it appropriately dead-ends at the cemetery.  A full time owner and/or tenants will love the location because it is near all the attractions around Duval Street and the historic seaport (it's within easy walking or biking distance to both), but it is far enough away not be a part of the hub-bub. I looked in my old shoebox and found a photo of this same property taken in 1965. See immediately below.  This home is one of six double gable homes in Key West. CLICK HERE to see the other properties as well as more photos of the interior and exterior of this listing.
I point out the historic architectural reference to this house for good reason - I think this house is absolutely charming and deserving of a sweet restoration if the right buyer who is looking for a little project house were to buy the place.
The building is approximately 1,000 sq ft divided between the first and second floor units. The downstairs unit is a bit larger than the upstairs due to the small side addition where its' kitchen is located. The side yard is currently used for bike and scooter storage but could become so much more if the stairway were removed and relocated into the interior. I think but cannot confirm there might be room for a dip pool in the side yard if appropriate variances could be obtained.
The main level apartment is a bit larger and has a separate door which opens out to the garden.  This unit my work well for an owner/landlord who wants a place in Key West which he or she could used as a little Key West getaway cottage and still earn income all year long by renting out the second floor unit.  I have had two buyers who purchased duplexes and this process worked for them.
CLICK HERE to view the Key West MLS datasheet and then please call either me, Gary Thomas, 305-766-2642, or Dan Skahen, 305-923-6524, to set up a showing. We are both full time Realtors at Preferred Properties Key West. Both units are tenant occupied. We and they request 24 hour advance showing request. Both units are on annual lease and each is subject to a 60 day kick-out clause which would give the new owner the right to take possession of the unit upon vacation by the tenant.

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