$2,490,000
( )
 $13,367 est/mo Sourced by Back At You

402 Appelrouth Lane,KEY WEST, FL 33040

KEY WEST, FL 33040

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Description

**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.

Details

MLS #617030
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Year1943
Days On Site304
Listing Provided ByPreferred Properties (KW) | Key West Sisters

Features

Bed(s)3
Bath(s) 8 Total
Story(s)3
ZoningHRO - Historic Residential/Offic
Acreage0.08
Property ViewNo Waterview

Taxes

Property14665

Area Information

StateFL
CountyMonroe
CityKEY WEST
Zip Code33040
Area01 Key West
Community NameJack Sq Prof Cent (1.0)
Sourced by Back At You

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Learn More About This Property

StateFL
CountyMonroe
CityKEY WEST
Zip Code33040
Area01 Key West
Community NameJack Sq Prof Cent (1.0)
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.867M - $3.112M
sqft: 0 - 0
Listing Updated: May 21, 2026 at 5:41:19 PM PDT