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$1,750,000
511 Olivia Street
Key West, FL 33040
MLS# 119414
Status: Closed



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Property Description
Valuable Old Town Guesthouse. Includes two separate buildings on two adjoining lots zoned HRCC-3. Operated with 4 licenses (1 transient and 3 guesthouse licenses) and a total of 11 rooms. These properties produce proven income. Fronting on Olivia and Center Street, there are 2 off street parking spaces on Center St. The large in- ground concrete pool is shared by both properties. There are two separate addresses and two Alternate key numbers; 511 Olivia St. Alt. #1017281 and 820 Center St. #1017284. Lot square footage,Total Building s.f.-FLA & Real Estate taxes have been combined in this report. Buildings in good condition in X Flood Zone.

Details
Maps
Contract Information
Current Price: $1,750,000
Listing Date: 2014-02-20
Listing Board: Key West Association
Leased Price Monthly: $1,750,000
Limited Representation: No
As is Rght to Inspct: Yes
For Sale/Lease: For Sale
Potential Short Sale: No
Location, Tax & Legal
Street #: 511
Street Name: Olivia
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: Old Town - Unrecord (1.0)
Area: 01 - Key West
General Property Description
Realtor.COM Type: Commercial
Style: Commercial
Lot SqFt: 5587
Waterfront: No
Business Name: N/A
Building SqFt: 2586
Year Built: 1933
Association Info
Mandatory Home Owners Asc: No
License Info
# of Transient Licns: 2
Financial Status
Potential Short Sale: No
Status Change Info
Under Contract Date: 2014-07-29
Leased Date: 2014-08-01
Leased Price Monthly: $1,750,000
Status: Closed
Property Features
Deed Restrictions: Unknown
Dockage: None
Utilities: FKAA; Municipal Sewer
Construction: Frame
Land Size: Less Than 1/4 Acre
Property Rights: Transient License

Listing Office: RE/MAX Keys Connection (KW)

Last Updated: September - 09 - 2024

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.


Broker Attribution: cskomp@remax.net