402 Appelrouth Lane, Key West, FL 33040
sale
$2,490,000
|
Other
Courtesy Of Preferred Properties Coastal Realty, Inc.
**6%+ Cap Rate Opportunity ** Now offered at $2,490,000, this income producing Old Town property offers strong cash flow and immediate investor appeal. Located just steps from Duval Street, 402 Appelrouth Lane offers a rare investment opportunity in a premier X Flood Zone location. This mixed use property has income potential from residential and commercial units. With over 5000sqft of interior space this iconic structure showcases tall ceilings, historic architectural character and custom artistic details that give it Old Town Charm. Appelrouth Lane is known for strong foot traffic, established neighboring businesses and a desirable central location. just minutes from restaurants, galleries, shopping and Key West nightlife. Opportunities like this are exceptionally rare.
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Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: Over 50 Years Old
- Appliance: Refrigerator
- Cooling System: Window Unit(s)
- Cooling System: Wall/Window Unit(s)
- Cooling System: Central Air
- Exterior Type: Frame
- Floor Covering: Wood
- Floor Covering: Combo
- Floors: 3
- Legal Description: Jackson Square Professional Center a Condominium KW PT Lot 4 SQR 50
- MLSID: 617030
- Roof Type: Metal
- Rooms: Bathroom 8
- Rooms: Bathroom 6
- Rooms: Bathroom 7
- Rooms: Bathroom 4
- Rooms: Bathroom 5
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
- Rooms: Bedroom 3
- Rooms: Bedroom 2
- Rooms: Bedroom 1
- View Type: Water
Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
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