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511 Olivia Street, Key West, FL 33040

$1,750,000
Property Type: Commercial Lot Size (sq. ft.): 5,587 Status: Closed
Current Price: $1,750,000 List Date: 2/20/2014 Last Modified: 9/09/2024

Overview

Description

Valuable Old Town Guesthouse. Includes two separate buildings on two adjoining lots zoned HRCC-3. Operated with 4 licenses (1 transient and 3 guesthouse licenses) and a total of 11 rooms. These properties produce proven income. Fronting on Olivia and Center Street, there are 2 off street parking spaces on Center St. The large in- ground concrete pool is shared by both properties. There are two separate addresses and two Alternate key numbers; 511 Olivia St. Alt. #1017281 and 820 Center St. #1017284. Lot square footage,Total Building s.f.-FLA & Real Estate taxes have been combined in this report. Buildings in good condition in X Flood Zone.

Listing Details MLS# 119414

Location, Tax & Legal

Street #
511
Street Name
Olivia
Street Suffix
Street
Key/Island
Key West
State/Province
FL
Zip Code
33040
Subdivision
Old Town - Unrecord (1.0)
Area
01 - Key West
KW Neighborhood
Old Town-N of Truman
City
KEY WEST
Mile Marker
0
Side
Median
Alternate Key #
1017281
Bldg Nbr
No
Legal
As per Monroe County Tax Records Alt# 1017281 & 1017264
Taxes
16222
Tax Year
2013

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

General Property Description

Realtor.COM Type
Commercial
Style
Commercial
Lot SqFt
5587
Waterfront
No
Business Name
N/A
Building SqFt
2586
Year Built
1933
# Parking Spaces
No
# Stories
0
Building Ht. Ft.
0
Total # Buildings
0

Status Change Info

Sold Date
2014-08-01

License Info

# of Transient Licns
2

Association Info

Mandatory Home Owners Asc
No
Association Fee $
0

More Information

Financial Status

Potential Short Sale
No

Remarks & Misc

Remarks – Consumer
Valuable Old Town Guesthouse. Includes two separate buildings on two adjoining lots zoned HRCC-3. Operated with 4 licenses (1 transient and 3 guesthouse licenses) and a total of 11 rooms. These properties produce proven income. Fronting on Olivia and Center Street, there are 2 off street parking spaces on Center St. The large in- ground concrete pool is shared by both properties. There are two separate addresses and two Alternate key numbers; 511 Olivia St. Alt. #1017281 and 820 Center St. #1017284. Lot square footage,Total Building s.f.-FLA & Real Estate taxes have been combined in this report. Buildings in good condition in X Flood Zone.

Deed Restrictions

Unknown
Yes

Dockage

None
Yes

Property Info

Gross Annual Expense
0
NOI
0

Construction

Frame
Yes

Land Size

Less Than 1/4 Acre
Yes

Utilities

FKAA
Yes
Municipal Sewer
Yes

Property Rights

Transient License
Yes

Property Features

Deed Restrictions: Unknown Dockage: None Utilities: FKAA; Municipal Sewer Construction: Frame Land Size: Less Than 1/4 Acre Property Rights: Transient License
Listing Office: RE/MAX Keys Connection (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.