101 Front Street #23,Key West, FL 33040

$ 1,540,0002beds2full baths1half bath
    101 Front Street #23,  Key West, FL 33040
    MLS #:603658
    Price:$ 1,540,000
    Baths:3 Baths (2 F, 1 H)
    Size:1,216 ft²
    Lot Size:836 ft²

    Investment Rental Opportunity in Old Town

    • Ideal location in Key West, Truman Annex/Old Town
    • Entirely furnished & ready to occupy or rent
    • Assigned parking convenient to the home
    • Private heated pool for Foundry owners
    • Near Duval St., Ft. Zach beach, & all the fun Key West has to offer

    Listed by Vic Musmanno, leading experience through 650+ Key West area homes sold.  Call 305-304-2623 or email vicmusmanno@gmail.com for info.

    Vacation rental opportunity with an active transient rental license! Imagine waking up in a living Key West travel brochure. Sun dancing through shady treelined streets of historic homes, with smiling tourists heading to the beach on bicycles. Lazy lanes with colorful roosters scratching around.  History buffs enjoying the neighboring Little White House Museum. Mallory Square, host to the famous daily sunset celebration, and the hub of all activity in Key West, Duval Street, are just a couple of blocks outside your front door. See popular music headliners perform at the nearby amphitheater or stroll over to the popular Green Parrot to hear their famous afternoon sound checks. Welcome to The Foundry, an intimate setting of townhomes in a restored postwar Naval red brick building in The Truman Annex. #23, a lucky number to many and hopefully now yours, is available for your purchase with instant rental income. Located on the preferred Front Street side of the complex, #23 offers an amazing contemporary floor plan on 3 floors. The open concept main living area is light saturated with an impressive floor to ceiling glass entry and 11 foot tall ceilings. Dedicated to the 2nd floor is the master suite with French doors leading to a private secluded treetop balcony. Guests enjoy the entire top floor suite for perfect bedroom separation. Entirely furnished with all necessary appointments and accessories, the property is turn key ready for your occupancy or to continue to rent with skilled property management and marketing in place. Included in the sale is a Truman Annex Transient Rental License allowing for 25 weekly rentals per year with unlimited monthlies. Convenient to #23 is assigned parking, while close by is a swimming pool for the exclusive use of Foundry owners and their guests. A 3D tour is available soon for your virtual showing requests or when guest occupied. Detailed rental figures can be made available upon contract. Weekly bookings are as much as $6800 with 2023 gross projections $125,000+. Take advantage of this true stand out in the short list of Key West properties that can accommodate short term vacation rentals. $1,540,000

    General Information
    Residential PRD
    School District:
    Key West, Monroe County
    Cross Street:
    Eaton Street
    Annual Property Tax:
    The Foundry, The Truman Annex
    Scenic, Historic
    Area Amenities:
    Bike Paths, Beach, City Center
    Building Details
    Year Built:
    # of Stories:
    Roof Type:
    Metal Shingles
    Electric, Forced Air
    Air Conditioning:
    Tile, Carpeting
    Heated, Chilled
    • Ceiling Fan(s)
    • Central A/C
    • Deck
    • Dishwasher
    • Dryer
    • Garbage Disposal
    • Gated Entry
    • Landscaped Front Yard
    • Microwave
    • Offstreet Parking
    • Patio
    • Pool
    • Porch
    • Range / Oven
    • Refrigerator
    • Remodeled Throughout
    • Smoke Detectors
    • Stainless Steel Appliances
    • Storage Area
    • Tile Floors
    • Washer
    • Window Treatments
    Mortgage Calculator
    Down Payment:
    Terms (in Years):
    Monthly Payment:
    Payment Estimator

    *Rates for May 2023. Information displayed is accurate as of the date of the latest update and is subject to change without notice. Loan pricing can only be locked through a home mortgage consultant. Other restrictions may apply. The Rate/APR and other terms may vary from those displayed based on the creditworthiness of the borrower, the type of dwelling, whether the borrower is self-employed, the location of the property and other factors. Please contact a lender in your area to determine what rates you qualify for.

    **Rates calculated from national averages.  To determine rates in your area please contact your local lender.

    Vic's Bio

    "Helping Visitors Become Neighbors." With over 23 years of continuous full time experience, 640+ homes sold in the Key West area & a full FL real estate broker’s license, Vic Musmanno can best assist you with your home purchase or sale. Recognized year after year as an industry leader, Vic has the market experience & complete professional level of service to guide you through the home buying process, with advanced knowledge of the market inventory, value trends & strong negotiation skills.

    A graduate of The Citadel, The Military College of SC, Vic received a commission in the United States Air Force & served as Combat Crew & emergency actions control officer for 7 years. He has been involved in real estate sales & resort market development since 1994. Moving to Key West in 1998 with real estate as his passion, Vic has been a year round resident active & volunteering in many charitable & community organizations over the years.

    Professional real estate designations & awards include: - Certified Residential Specialist - Accredited Buyers Representative - Certified New Home Sales Professional - Preview Specialist for Luxury Market Homes - Coldwell Banker Elite Group - Coldwell Banker President's Award - Coldwell Banker Diamond Award.

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