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1016 Fleming Street, Key West, FL 33040

$3,025,000
Property Type: Commercial Sale Bedrooms: 11 Baths: 9.1 Square Footage: 3,652 Lot Size (sq. ft.): 4,960 Status: Closed
Current Price: $3,025,000 List Date: 5/20/2017 Last Modified: 9/09/2024

Description

2 blocks from the Historic Seaport, Artist House on Fleming is a grand single family home built circa 1894 and converted to this beautiful guest house in the early 2000's. 9 guest rooms with 2 of the 9 rooms being 2 bedroom suites with 1 shared bath, so there are a total of 11 bedrooms. Average occupancy May '16 through March '17 89.5%. High end breakfast and caring and stable staff lend to excellent TripAdvisor reports. This well maintained and profitable business will steal your heart yet appeal to your business mind.

More Information MLS# 575656

Contract Information

Current Price: $3,025,000 Listing Date: 2017-05-19 Listing Board: Key West Association Sold Price: $3,025,000 Limited Representation: No As is Rght to Inspct: Yes For Sale/Lease: For Sale Potential Short Sale: No Bank Owned: No Species List: No

Location Tax Legal

Street #: 1016 Street Name: Fleming Street Suffix: Street Key/Island: Key West State/Province: FL Zip Code: 33040 Subdivision: Old Town - Unrecord (1.0) County: Monroe Area: 01 - Key West

General Property Description

Realtor.COM Type: Commercial Style: Commercial Lot SqFt: 4960 Waterfront: No # Stories: 3 Building SqFt: 3652 Living Apx SqFt: 3652 Year Built: 1933 Total Bedrooms: 11 Full Baths: 9 Half Baths: 1 Total Baths: 9.1

Status Change Info

Under Contract Date: 2017-07-22 Sold Date: 2018-02-06 Sold Price: $3,025,000 Status: Closed

License Info

# of Transient Licns: 9

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

Property Info

NOI: 9.1

Financial Status

Bank Owned: No Potential Short Sale: No

Property Features

Deed Restrictions: No Type: Hotel/Motel Waterfront: None Waterview: No Waterview Dockage: None Utilities: FKAA Interior Features: Furnished; Smoke Alarms; Window Treatments Appliances: Dishwasher; Dryer; Refrigerator; Washer Miscellaneous: Lobby; Manager on Premises; Spa; Storage Construction: Frame Roof: Metal Roof Land Size: Less Than 1/4 Acre Fee Includes: None Property Rights: Transient License
Listing Office: Coldwell Banker Schmitt Real Estate Co. (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.

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