$2,250,000
Key West, FL 33040
MLS# 120684
Status: Closed
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Property Description
Nestled in the heart of Key West's Guesthouse Row'' on Fleming Street you will find one of the most unique investment opportunities offered on the island. The property is fully licensed for use as a 5 unit guesthouse even though the current owner rents the property out on a weekly basis as a rental compound. The building has been maintained over the years and offers Dade County Pine throughout the home with a separate guesthouse in the rear adjacent to the well-appointed pool. Multilevel access, a full kitchen, outside sitting and entertaining area and other deliver flexible options for an investor or user. Seller will deliver strong financial history and future booking schedule with execution of a CA. Showings by appointment only.
Details
Maps
Contract Information
Listing Board: Key West Association
Limited Representation: Yes
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
For Sale/Lease: For Sale
Current Price: $2,250,000
Listing Date: 2014-11-24
Sold Price: $2,250,000
Location, Tax & Legal
KW Neighborhood: Old Town-N of Truman
City: KEY WEST
Mile Marker: 0
Side: Median
Alternate Key #: 1008541
Bldg Nbr: 0
Zoning: HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
Taxes: 9316
Tax Year: 2013
Street #: 824
Street Name: Fleming
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: Old Town - Unlisted (1.0)
County: Monroe
Area: 01 - Key West
General Property Description
Realtor.COM Type: Commercial
Waterfront: No
Lot SqFt: 3868
Business Name: -
# Parking Spaces: 0
# Stories: 0
Building Ht. Ft.: 0
Total # Buildings: 0
Building SqFt: 3045
Style: Commercial
Year Built: 1948
Remarks & Misc
Remarks – Consumer: Nestled in the heart of Key West's Guesthouse Row'' on Fleming Street you will find one of the most unique investment opportunities offered on the island. The property is fully licensed for use as a 5 unit guesthouse even though the current owner rents the property out on a weekly basis as a rental compound. The building has been maintained over the years and offers Dade County Pine throughout the home with a separate guesthouse in the rear adjacent to the well-appointed pool. Multilevel access, a full kitchen, outside sitting and entertaining area and other deliver flexible options for an investor or user. Seller will deliver strong financial history and future booking schedule with execution of a CA. Showings by appointment only.
Deed Restrictions
Unknown: 1
Association Info
Mandatory Home Owners Asc: No
Association Fee $: 0
License Info
# of Transient Licns: 2
Type
Hotel/Motel: 1
Other Services: 1
Dockage
None: 1
Property Info
Gross Annual Expense: 0
NOI: 0
Cooling
Central Air: 1
Wall/Window Unit(s): 1
Floor
Wood: 1
Construction
Frame: 1
Land Size
Less Than 1/4 Acre: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Miscellaneous
Fencing: 1
High Visibility: 1
Patio: 1
Pool: 1
Residence on Premise: 1
Roof
Metal Roof: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Sold Date: 2015-05-06
Sold Price: $2,250,000
Status: Closed
Property Features
Deed Restrictions: Unknown
Type: Hotel/Motel; Other Services
Dockage: None
Cooling: Central Air; Wall/Window Unit(s)
Utilities: FKAA; Municipal Sewer
Miscellaneous: Fencing; High Visibility; Patio; Pool; Residence on Premise
Construction: Frame
Floor: Wood
Roof: Metal Roof
Land Size: Less Than 1/4 Acre
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
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.