$2,775,000
Marathon, FL 33050
MLS# 598989
Status: Closed
11 beds | 12 baths | 6248 sqft
1 / 48
Property Description
Iconic Knights Key Inn! Knights Key Inn location is best described as unique with ocean views and views of the famous 7 Mile Bridge. The Old Seven Mile Bridge is open for walking and biking! This business is completely turnkey and impeccably maintained for the new owner. Industrial washer and dryer installed recently. A short walk from Knights Key Inn to the 7 Mile Bridge to take Sunset pictures. There are 10 transient licenses. The property appraised for $3,460,000 in 2018. There is an apartment on site for the manager/owner. An office space could produce additional income or made into another rental unit. Centered in the Middle Keys and it's short walk to the Sunset Grille for dining.
Details
Maps
Contract Information
Listing Board: Marathon/Lower Keys
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
For Sale/Lease: For Sale
Species List: No
Current Price: $2,775,000
Listing Date: 2022-01-01
Sold Price: $2,775,000
Location, Tax & Legal
City: MARATHON
Off Shore Island: No
Mile Marker: 47
Marathon Neighborhood: Knights Key
Side: Ocean
Flood Zone: AE
Alternate Key #: 1394254
Parcel #: 00319800-000000
Zoning: RM - Residential Medium
Legal: BK 2 LTS 6 AND 7 AND PT LT 8 KNIGHTS KEY VILLAGE KNIGHTS KEY PB5-84 OR477-582 OR681-216 OR809-2199 OR1077-2490/91 OR1158
Taxes: 16320.76
Tax Year: 2021
Street #: 40
Direction: W
Street Name: Kyle
Street Suffix: Way
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
Subdivision: Knights Key Village (47.0)
County: Monroe
Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
General Property Description
Realtor.COM Type: Commercial
Waterfront: No
Control Depth: 0
Lot Size: 190ft. by. 115ft
Lot SqFt: 20010
Business Name: Knights Key Inn
Total Units: 0
# Stories: 3
SqFt Source: Property Data Card
Total # Buildings: 1
Building SqFt: 6248
Style: Commercial
Living Apx SqFt: 6248
Year Built: 1968
Total Bedrooms: 11
Full Baths: 11
Half Baths: 1
Total Baths: 12
Remarks & Misc
Remarks – Consumer: Iconic Knights Key Inn! Knights Key Inn location is best described as unique with ocean views and views of the famous 7 Mile Bridge. The Old Seven Mile Bridge is open for walking and biking! This business is completely turnkey and impeccably maintained for the new owner. Industrial washer and dryer installed recently. A short walk from Knights Key Inn to the 7 Mile Bridge to take Sunset pictures. There are 10 transient licenses. The property appraised for $3,460,000 in 2018. There is an apartment on site for the manager/owner. An office space could produce additional income or made into another rental unit. Centered in the Middle Keys and it's short walk to the Sunset Grille for dining.
Directions: Turn onto Knights Key Blvd and then left on Kyle Way W. The Knights Key Inn is on the left.
Status Change Info
Sold Comments: Congrats everyone!
Sold Date: 2022-04-29
Sold Price: $2,775,000
Status: Closed
Deed Restrictions
Unknown: 1
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
# of Transient Licns: 10
Type
Hotel/Motel: 1
Fee Includes
None: 1
Misc Property Info
Recorded Plat: Yes
Dockage
None: 1
Appliances
Range: 1
Refrigerator: 1
Property Info
# Kitchens: 11
# Refrigerators: 11
# Range/Ovens: 10
Cooling
Ceiling Fans(s): 1
Wall/Window Unit(s): 1
Waterfront
None: 1
Waterview
Ocean View: 1
Floor
Laminate: 1
Tile: 1
Interior Features
Drapes/Blinds Incl: 1
Furnished: 1
Laundry Room: 1
Window Treatments: 1
Windows/Doors
Aluminum Windows: 1
Vehicle Storage
Off Street Parking: 1
Trailer Storage: 1
Construction
CBS: 1
Land Size
1/4 - 1/2 Acre: 1
Terms
Buyer Obtain Finance: 1
Not Assumable: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Title
Title Ins - Buyer: 1
Property Rights
Transient License: 1
Miscellaneous
Open Water View: 1
Pool: 1
Roof
Metal Roof: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Property Features
Deed Restrictions: Unknown
Type: Hotel/Motel
Waterfront: None
Waterview: Ocean View
Dockage: None
Vehicle Storage: Off Street Parking; Trailer Storage
Cooling: Ceiling Fans(s); Wall/Window Unit(s)
Utilities: FKAA; Municipal Sewer
Interior Features: Drapes/Blinds Incl; Furnished; Laundry Room; Window Treatments
Appliances: Range; Refrigerator
Miscellaneous: Open Water View; Pool
Construction: CBS
Floor: Laminate; Tile
Roof: Metal Roof
Land Size: 1/4 - 1/2 Acre
Fee Includes: None
Terms: Buyer Obtain Finance; Not Assumable
Title: Title Ins - Buyer
Property Rights: Transient License
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: September - 09 - 2024
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