facebook
Traded Co logo
Submit

RE/MAX Advance Realty Brokers Sell Mixed-Use Property On Duval St. In Key West For $5.8M

Property Image
SOLD
$5,800,000

Florida

See Similar Deals
Mixed-use5,200 SF
Sold 02/28/2022
the dealplayerscompscontact
Property Image
SOLD

RE/MAX Advance Realty Brokers Sell Mixed-Use Property On Duval St. In Key West For $5.8M

824 Duval Street, Key West, Florida 33040, United States

See Similar Deals
Mixed-use5,200 SF
Sold 02/28/2022
Contact now

Summary

FLORIDA
Asset Type:Mixed-use
Price Per Square Foot:$1,115
Total Square Footage:5,200 SF
Transaction Type:Sale

Located at 824-826 Duval St, this mixed-use property in Key West recently changed hands in a closed sale transaction. The deal was facilitated by Curtis Skomp, Greg Dully, and Michael Petro of RE/MAX Advance Realty, who represented the parties involved in the transaction. The sale price for this property was $5,800,000, with a total square footage of 5,200. This translates to a price per square foot of $1,115. In summary, this mixed-use property in Key West was sold for $5,800,000. The property spans 5,200 square feet, with a price per square foot of $1,115. Curtis Skomp, Greg Dully, and Michael Petro of RE/MAX Advance Realty acted as brokers in the transaction.

Players

Curtis Skomp
2 deals$11M volume
BROKER

Greg Dully
Re/Max
2 deals$11M volume
BROKER

Michael Petro
Re/Max
1 deal$5.8M volume
BROKER

Details

SOLD
IMAGE: Curtis Skomp, Greg Dully & Michael Petro DATE: 02/28/2022 ADDRESS: 824-826 Duval St. MARKET: Key West ASSET TYPE: Mixed-use BROKERS: Curtis Skomp, Greg Dully & Michael Petro - RE/MAX Advance Realty SALE PRICE: $5,800,000 SF: 5,200 ~ PPSF: $1,115

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$309,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$20,606.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,494.96
Annual Debt Service$329,939.51