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329 Elizabeth Street, Key West, FL 33040

$3,350,000
Property Type: Commercial Sale Bedrooms: 12 Baths: 12 Square Footage: 2,769 Lot Size (sq. ft.): 4,422 Status: Closed
Current Price: $3,350,000 List Date: 11/02/2017 Last Modified: 9/09/2024

Description

Turn-Key Business, A hidden gem located in The Downtown Historic District in Key West, Florida. Charming and Cozy this two building, 12 bedroom, 12 bathroom guest house is a great value with great numbers. Small heated pool. Common Area with Broadband Wi-fi available. The guest house is located 2 blocks off Duval Street and within walking distance to the Historic Seaport, Shops, Restaurants and all Attractions. The Inn has been in continuous operation since the early 70's. Owner is a Florida Licensed REALTOR. Management currently in place with Key West Vacation Rentals powered by Vacasa. Most rooms have been refreshed and renovated. Approval complete and now have 12 transient licenses. Also licensed for 12 seat restaurant.

More Information MLS# 575464

Contract Information

Current Price: $3,350,000 Listing Date: 2017-05-07 Listing Board: Key West Association Sold Price: $3,350,000 Limited Representation: No As is Rght to Inspct: Yes For Sale/Lease: For Sale Potential Short Sale: No Bank Owned: No

Location Tax Legal

Street #: 329 Street Name: Elizabeth 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: 4422 Waterfront: No Business Name: Garden House # Stories: 2 Total # Buildings: 2 Building SqFt: 2912 Living Apx SqFt: 2769 Total Units: 12 Year Built: 1938 Total Bedrooms: 12 Full Baths: 12 Total Baths: 12

Status Change Info

Under Contract Date: 2018-12-04 Sold Date: 2019-01-31 Sold Price: $3,350,000 Status: Closed

License Info

# of City License: 12 # of County License: 12 # of Transient Licns: 12

Association Info

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

Property Info

# Efficiencies: 1

Appliances

Other: Microwave

Auction Info

Auction: No

Financial Status

Bank Owned: No Potential Short Sale: No

Property Features

Deed Restrictions: Unknown Property Info: License Included Type: Other Comrcl Style Waterfront: None Waterview: No Waterview Dockage: None Cooling: Ceiling Fans(s); Wall/Window Unit(s) Utilities: FKAA; Municipal Sewer; Separate Meters Interior Features: Drapes/Blinds Incl; Furnished; Laundry Room; Smoke Alarms; Wet Bar Appliances: Dishwasher; Dryer; Refrigerator; Washer Miscellaneous: Fencing; Patio; Pool; Spa; Storage Construction: Frame Floor: Combo; Tile; Wood Roof: Combo Roof Land Size: Less Than 1/4 Acre Fee Includes: None Title: Negotiable Property Rights: Transient License
Listing Office: Buy The Keys (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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