815 Catherine Street, Key West, FL 33040 (MLS# 123407)

815 Catherine Street, Key West, FL 33040

$2,775,000

Property Type: Commercial Lot Size (sq. ft.): 9,114 Status: Closed

Current Price: $2,775,000 List Date: 6/08/2016 Last Modified: 9/09/2024

Overview

Description

A unique Key West Inn with the BEST of all worlds! 6 eco-friendly, low-maintenance king suites in 3 Old KW-style cottages located in the heart of Old Town in a tranquil neighborhood. Versatile layout allows for each of the cottages to be marketed as a two bedroom/two bath cottage with full kitchen or, with the convenience of a lockout, as a 1 bedroom suite with full kitchen and a Studio with kitchenette. Travelers Palm also has terrific financials, with occupancy upside. This beautiful property features all new construction, high end furnishings, energy efficient solar panels, impact resistant glass throughout, a cistern for irrigation, 3 private Jacuzzi's and exquisite pool, central HVAC, private decks, lush tropical landscaping, ample parking, all only a few short blocks from Duval St.

Listing Details MLS# 123407

Location, Tax & Legal

Street #: 815
Street Name: Catherine
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: Investment Co Sub (1.0)
County: Monroe
Area: 01 - Key West
KW Neighborhood: Old Town-S of Truman
City: KEY WEST
Mile Marker: 1
Side: Median
Flood Zone: x
Alternate Key #: 1030619
Bldg Nbr: No
Zoning: HMDR - Historic Medium Density Residential
Legal: KW INVESTMENT CO SUB PB 1-49 LOTS 1 & 3 SQR 5 TR 12 G32-382-383
Taxes: 17452
Tax Year: 2015

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
Species List: Yes

General Property Description

Realtor.COM Type: Commercial
Style: Commercial
Lot SqFt: 9114
Waterfront: No
Business Name: Travelers Palm
Year Established: 2000-01-01
# Parking Spaces: 3
# Stories: Yes
Total # Buildings: 3
Building SqFt: 3402
Total Units: 6
Year Built: 2009
Building Ht. Ft.: 0

Status Change Info

Sold Date: 2016-11-01

License Info

# of City License: Yes
# of Transient Licns: 2
Non Trans Rntl Lic: Yes

Association Info

Mandatory Home Owners Asc: No
Association Fee $: 0

More Information

Vehicle Storage

Car(s): 3
Off Street Parking: Yes

Remarks & Misc

Remarks – Consumer: A unique Key West Inn with the BEST of all worlds! 6 eco-friendly, low-maintenance king suites in 3 Old KW-style cottages located in the heart of Old Town in a tranquil neighborhood. Versatile layout allows for each of the cottages to be marketed as a two bedroom/two bath cottage with full kitchen or, with the convenience of a lockout, as a 1 bedroom suite with full kitchen and a Studio with kitchenette. Travelers Palm also has terrific financials, with occupancy upside. This beautiful property features all new construction, high end furnishings, energy efficient solar panels, impact resistant glass throughout, a cistern for irrigation, 3 private Jacuzzi's and exquisite pool, central HVAC, private decks, lush tropical landscaping, ample parking, all only a few short blocks from Duval St.
Directions: From US1 (Truman Ave), go South on White Street to Catherine St. Go West for 6 blocks. Business is on the northeast corner of Catherine and Royal Streets

Deed Restrictions

Unknown: Yes

Type

Hotel/Motel: Yes

Dockage

None: Yes

Accounts & Meters

# Sewer Accounts: Yes

Property Info

Gross Annual Expense: 0
NOI: 0

Cooling

Ceiling Fans(s): Yes
Central Air: Yes
Heat: Yes
Heat Pump: Yes

Electric

Circuit Breakers: Yes

Floor

Tile: Yes

Windows/Doors

Impact Rstnce Window: Yes

Construction

Manufactured: Yes

Land Size

Less Than 1/4 Acre: Yes

Utilities

FKAA: Yes
Municipal Sewer: Yes

Property Rights

Transient License: Yes

Miscellaneous

Fencing: Yes
Hot Tub: Yes
Patio: Yes
Pool: Yes
Sprinkler System: Yes
Storage: Yes

Roof

Metal Roof: Yes

Property Features

Deed Restrictions: Unknown License Info: Non Trans Rntl Lic Type: Hotel/Motel Dockage: None Vehicle Storage: Off Street Parking Cooling: Ceiling Fans(s); Central Air; Heat; Heat Pump Utilities: FKAA; Municipal Sewer Miscellaneous: Fencing; Hot Tub; Patio; Pool; Sprinkler System; Storage Construction: Manufactured Electric: Circuit Breakers Floor: Tile Roof: Metal Roof Land Size: Less Than 1/4 Acre Property Rights: Transient License

Listing Office: Truman & 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.

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