Peary Court Key West, FL

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DEAL TYPE
:Off Market – Direct Joint Venture
PROPERTY TYPE
:Multi Family
MARKET STATUS
:exited

Property Description:

In August 2013, a joint venture among 13th Floor and strategic partners acquired 157 two bedroom / one and one-half bathroom townhomes  (155,000 rentable square feet) situated on 24.2 acres in Old Town Key West, Florida.  The townhomes were built in 1994 and each contains 986 air-conditioned square feet; the townhomes are located within four-plexes, tri-plexes, and duplexes.  The gated community includes four basketball courts, two handball courts, seven playgrounds, and six shaded picnic areas. In addition, the Property contains a commercial building, formerly occupied by Keys Federal Credit Union, which has 9,565 SF of gross building area and 56 parking spaces.

Map

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