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824 Fleming Street, Key West, FL 33040

$2,250,000
Property Type: Commercial Lot Size (sq. ft.): 3,868 Status: Closed
Current Price: $2,250,000 List Date: 11/24/2014 Last Modified: 9/09/2024

Overview

Description

Nestled in the heart of Key West's Guesthouse Row'' on Fleming Street you will find one of the most unique investment opportunities offered on the island. The property is fully licensed for use as a 5 unit guesthouse even though the current owner rents the property out on a weekly basis as a rental compound. The building has been maintained over the years and offers Dade County Pine throughout the home with a separate guesthouse in the rear adjacent to the well-appointed pool. Multilevel access, a full kitchen, outside sitting and entertaining area and other deliver flexible options for an investor or user. Seller will deliver strong financial history and future booking schedule with execution of a CA. Showings by appointment only.

Listing Details MLS# 120684

Location, Tax & Legal

Street #
824
Street Name
Fleming
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
KW Neighborhood
Old Town-N of Truman
City
KEY WEST
Mile Marker
0
Side
Median
Alternate Key #
1008541
Bldg Nbr
No
Zoning
HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
Taxes
9316
Tax Year
2013

Contract Information

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

General Property Description

Realtor.COM Type
Commercial
Style
Commercial
Lot SqFt
3868
Waterfront
No
Business Name
-
Building SqFt
3045
Year Built
1948
# Parking Spaces
No
# Stories
0
Building Ht. Ft.
0
Total # Buildings
0

Status Change Info

Sold Date
2015-05-06

License Info

# of Transient Licns
2

Association Info

Mandatory Home Owners Asc
No
Association Fee $
0

More Information

Financial Status

Bank Owned
No
Potential Short Sale
No

Remarks & Misc

Remarks – Consumer
Nestled in the heart of Key West's Guesthouse Row'' on Fleming Street you will find one of the most unique investment opportunities offered on the island. The property is fully licensed for use as a 5 unit guesthouse even though the current owner rents the property out on a weekly basis as a rental compound. The building has been maintained over the years and offers Dade County Pine throughout the home with a separate guesthouse in the rear adjacent to the well-appointed pool. Multilevel access, a full kitchen, outside sitting and entertaining area and other deliver flexible options for an investor or user. Seller will deliver strong financial history and future booking schedule with execution of a CA. Showings by appointment only.

Deed Restrictions

Unknown
Yes

Type

Hotel/Motel
Yes
Other Services
Yes

Dockage

None
Yes

Property Info

Gross Annual Expense
0
NOI
0

Cooling

Central Air
Yes
Wall/Window Unit(s)
Yes

Floor

Wood
Yes

Construction

Frame
Yes

Land Size

Less Than 1/4 Acre
Yes

Utilities

FKAA
Yes
Municipal Sewer
Yes

Miscellaneous

Fencing
Yes
High Visibility
Yes
Patio
Yes
Pool
Yes
Residence on Premise
Yes

Roof

Metal Roof
Yes

Property Features

Deed Restrictions: Unknown Type: Hotel/Motel; Other Services Dockage: None Cooling: Central Air; Wall/Window Unit(s) Utilities: FKAA; Municipal Sewer Miscellaneous: Fencing; High Visibility; Patio; Pool; Residence on Premise Construction: Frame Floor: Wood Roof: Metal Roof Land Size: Less Than 1/4 Acre
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
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.