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1016 Fleming Street, Key West, FL 33040

$3,025,000
Property Type: Commercial 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

Overview

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.

Listing Details MLS# 575656

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
KW Neighborhood
Old Town-N of Truman
City
KEY WEST
Off Shore Island
No
Mile Marker
1
Side
N/A
Flood Zone
AE
Alternate Key #
1007552
Parcel #
00007290-000000
Zoning
HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
Legal
KW PT LOTS 2 AND 3 SQR 45 ZZ-344 OR380-765/68 OR1018-1482 OR1142-915 OR1313-1020/22 OR1555-2076/77 OR1938-1222 OR2231-17
Taxes
21397.72
Tax Year
2016

Contract Information

Listing Board
Key West Association
Limited Representation
No
As is Rght to Inspct
Yes
For Sale/Lease
For Sale
Potential Short Sale
No
Bank Owned
No
Species List
No

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
Yes
Total Baths
9.1
Control Depth
0
Total Units
0

Status Change Info

Sold Date
2018-02-06

License Info

# of Transient Licns
9

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No

More Information

Property Info

NOI
9.1

Financial Status

Bank Owned
No
Potential Short Sale
No

Remarks & Misc

Remarks – Consumer
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.
Directions
Fleming to 1016 Fleming at the corner of Nassau Lane on the right.

Deed Restrictions

No
Yes

Type

Hotel/Motel
Yes

Fee Includes

None
Yes

Dockage

None
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Refrigerator
Yes
Washer
Yes

Waterfront

None
Yes

Waterview

No Waterview
Yes

Interior Features

Furnished
Yes
Smoke Alarms
Yes
Window Treatments
Yes

Construction

Frame
Yes

Land Size

Less Than 1/4 Acre
Yes

Utilities

FKAA
Yes

Property Rights

Transient License
Yes

Miscellaneous

Lobby
Yes
Manager on Premises
Yes
Spa
Yes
Storage
Yes

Roof

Metal Roof
Yes

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.