311 Elizabeth Street, Key West, FL 33040 (MLS# 587921)

311 Elizabeth Street, Key West, FL 33040

$3,100,000

Welcome to 311 Elizabeth Street! Off-street parking space shown

1st floor living space overlooks the pool

Hall separates living area from sleeping areas

1st floor bath with walk-in glass shower and claw tub for queen and twin rooms

1st floor twin room with beds that convert to a king

1st floor queen suite accessible from twin room or exteriorly off the kitchen's French doors

Queen suite full bath with shower/tub combo

View outside of queen suite. Double washer/ dryer sets just behind near storage shed

Front entrance shows lock out options and leads to 2nd and 3rd floors

2nd floor kitchen off rear covered porch

2nd floor full bath has walk-in glass shower

2nd floor covered rear porch with dining space

3rd floor full bath with shower/ tub combo

3rd floor bedroom with twin and double beds

2nd floor balcony stairs to outside of 1st floor queen suite

Guest house full bath with walk-in shower

View of pool from guest cottage covered porch

Pool exit leads to off-street parking space

Property Type: Residential Bedrooms: 9 Baths: 5 Square Footage: 3,973 Lot Size (sq. ft.): 4,991 Status: Closed

Current Price: $3,100,000 List Date: 10/07/2020 Last Modified: 8/26/2024

Overview

Description

Abundance in Old Town! This grand 9Bd, 5Ba historic home w/ guesthouse and pool underwent a full renovation in 2015 to create a uniquely designed floor plan offering endless possibilities. This luxury Old Town compound provides a unique investment opportunity with 2 transient & 1 non-transient rental license currently being professionally managed as a full time vacation rental business with over $375,000 of income annually. Offered turnkey furnished and in pristine condition, not a beat will be missed making this business opportunity and luxury real estate investment your own piece of Old Town Key West.

Listing Details MLS# 587921

Location, Tax & Legal

Street #: 311
Street Name: Elizabeth
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Old Town - Unrecord (1.0)
Area: 01 - Key West
KW Neighborhood: Old Town-N of Truman
City: KEY WEST
Mile Marker: 1
Marathon Neighborhood: N/A
Side: Median
Flood Zone: 0.2 PCT ANNUAL CHANC
Alternate Key #: 1003841
Parcel #: 00003680-000000
Zoning: HMDR - Historic Medium Density Residential
Deed Restrictions: No
Legal: KW PT LOT 3 SQR 22 H3-30 H3-30 OR860-1315D/C OR875-2370/73 OR877-1217 OR1052-1541 OR1052-1766 OR1412-1472/73R/S OR2634-1
Taxes: 10741.76
Tax Year: 2018
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Key West Association
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No

General Property Description

Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: No
Pool: Yes
Year Built: 1953
Lot SqFt: 4991
Acres: 0.11
Living Apx SqFt: 3973
SqFt Source: Builder/Architect
Total Bedrooms: 9
Full Baths: 5
Total Baths: 5
Rentals Allowed: Yes
Min Rental Days: Yes
Control Depth: 0
Total Units: 0

Status Change Info

Sold Date: 2021-01-28

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0

License Info

Transient Rntl Licns: Yes

More Information

Building Style

Above Flood: Yes
Stories: 3 Stories

Specialty Rooms

Guest/Servant Qtrs: Legal

Pool Info

Heated: Yes
Dimensions: 25' x 8'
In Ground: Yes
Lap: Yes
Concrete: Yes
Decked: Yes

Financial Status

Bank Owned: No
Potential Short Sale: No

Remarks & Misc

Remarks – Consumer: Abundance in Old Town! This grand 9Bd, 5Ba historic home w/ guesthouse and pool underwent a full renovation in 2015 to create a uniquely designed floor plan offering endless possibilities. This luxury Old Town compound provides a unique investment opportunity with 2 transient & 1 non-transient rental license currently being professionally managed as a full time vacation rental business with over $375,000 of income annually. Offered turnkey furnished and in pristine condition, not a beat will be missed making this business opportunity and luxury real estate investment your own piece of Old Town Key West.

Fee Includes

None: Yes

Dockage

None: Yes

Tax Exemptions

None: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Freezer: Yes
Gas Appliances: Yes
Ice Machine: Yes
Microwave: Yes
Oven: Yes
Range: Yes
Refrigerator: Yes
Stainless Steel Appliance(s): Yes
Washer: Yes

Pets

Pets Allowed: Yes

Cooling

Ceiling Fans(s): Yes
Ductless: Yes
Heat: Yes

Waterfront

None: Yes

Waterview

No Waterview: Yes

Floor

Tile: Yes
Wood: Yes

Interior Features

Built-in Cabinets: Yes
Cathedral Ceilings: Yes
Drapes/Blinds Incl: Yes
Fire Sprinkler: Yes
Quartz Countertops: Yes
Smoke Alarms: Yes
Storage: Yes
Window Treatments: Yes

Windows/Doors

French Doors: Yes

Vehicle Storage

Off Street Parking: Yes

Construction

Frame: Yes

Land Size

Less Than 1/4 Acre: Yes

Furnished

Furnished: Yes

Utilities

Cable Available: Yes
FKAA: Yes
Municipal Sewer: Yes

Porch/Balcony

Deck: Yes
Open Porch/Balcony: Yes

Exterior Features

Detached Guest Qtrs: Yes
Fencing: Yes
Lighting: Yes
Outdoor Shower: Yes
Privacy Wall/Fence: Yes
Rain Gutters: Yes
Shed: Yes
Storage: Yes

Pre-Wired

Cable: Yes

Roof

Metal Roof: Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Off Street Parking Furnished: Furnished Cooling: Ceiling Fans(s); Ductless; Heat Utilities: Cable Available; FKAA; Municipal Sewer Interior Features: Built-in Cabinets; Cathedral Ceilings; Drapes/Blinds Incl; Fire Sprinkler; Quartz Countertops; Smoke Alarms; Storage; Window Treatments Pre-Wired: Cable Appliances: Dishwasher; Disposal; Dryer; Freezer; Gas Appliances; Ice Machine; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Detached Guest Qtrs; Fencing; Lighting; Outdoor Shower; Privacy Wall/Fence; Rain Gutters; Shed; Storage Pool Info: In Ground; Lap; Concrete; Decked Construction: Frame Floor: Tile; Wood Roof: Metal Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre

Listing Office: Truman & Co. (KW)

Last Updated: August - 26 - 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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