411 William Street 1, Key West, FL 33040
$8,840,000
Property Type:
Commercial Sale
Lot Size (sq. ft.):
28,000
Status:
Closed
Current Price:
$8,840,000
List Date:
10/28/2014
Last Modified:
9/09/2024
Description
***For Statistical Purposes Only*** Sale represents: (1) the deed transfers of 20 upscale condo-tel' suite units consisting of 4 efficiency, 12x1 bedroom, and 4x2 bedroom apts, each with transient license and operated as the Island City House Hotel, a boutique hotel comprised of 5 historic buildings at 411 William St. and 810-812 Eaton St.; (2) the management company for the hotel, which manages all 24 hotel units within the hotel (the 20 being sold plus an additional 4 transient licensed suite units), and; (3) the 3 bedroom/2 bath single family home at 814 Eaton St. (4) EXCLUSIONS: The 4x1 bedroom apts excluded from this sale are units #'s 9, 12, 16, & 24.
More Information MLS# 120544
Contract Information
Current Price: $8,840,000
Listing Date: 2014-10-28
Listing Board: Key West Association
Sold Price: $8,840,000
Limited Representation: Yes
As is Rght to Inspct: Yes
For Sale/Lease: For Sale
Potential Short Sale: No
Bank Owned: No
Location Tax Legal
Street #: 411
Street Name: William
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
Style: Commercial
Lot SqFt: 28000
Waterfront: No
Business Name: Island City House
Building SqFt: 12300
Total Units: 20
Year Built: 1889
Status Change Info
Under Contract Date: 2014-10-29
Sold Date: 2014-10-29
Sold Price: $8,840,000
Status: Closed
License Info
# of Transient Licns: 2
Association Info
Mandatory Home Owners Asc: No
Financial Status
Bank Owned: No
Potential Short Sale: No
Property Features
Deed Restrictions: Yes
Type: Hotel/Motel; Other Services
Dockage: None
Cooling: Ceiling Fans(s); Central Air; Heat; Heat Pump; Wall/Window Unit(s)
Utilities: FKAA; Municipal Sewer
Construction: Frame
Land Size: 1/2 - Less Than 1 AC
Listing Office: At Home in Key West, Inc.
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.