329 Elizabeth Street, Key West, FL 33040 (MLS# 575464)

329 Elizabeth Street, Key West, FL 33040

$3,350,000

Property Type: Commercial Bedrooms: 12 Baths: 12 Square Footage: 2,769 Lot Size (sq. ft.): 4,422 Status: Closed

Current Price: $3,350,000 List Date: 11/02/2017 Last Modified: 9/09/2024

Description

Turn-Key Business, A hidden gem located in The Downtown Historic District in Key West, Florida. Charming and Cozy this two building, 12 bedroom, 12 bathroom guest house is a great value with great numbers. Small heated pool. Common Area with Broadband Wi-fi available. The guest house is located 2 blocks off Duval Street and within walking distance to the Historic Seaport, Shops, Restaurants and all Attractions. The Inn has been in continuous operation since the early 70's. Owner is a Florida Licensed REALTOR. Management currently in place with Key West Vacation Rentals powered by Vacasa. Most rooms have been refreshed and renovated. Approval complete and now have 12 transient licenses. Also licensed for 12 seat restaurant.

More Information MLS# 575464

Contract Information

Listing Board: Key West Association Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No For Sale/Lease: For Sale Current Price: $3,350,000 Listing Date: 2017-05-07 Sold Price: $3,350,000

Location, Tax & Legal

KW Neighborhood: Old Town-N of Truman City: KEY WEST Off Shore Island: No Mile Marker: 1 Side: Median Flood Zone: X,0.2 PCT ANNUAL CHA Alternate Key #: 1003913 Parcel #: 00003750-000000 Zoning: HMDR - Historic Medium Density Residential Legal: KW PT LOT 4 SQR 22 OR329-279/80 OR557-686 OR754-1562/1563 OR769-1643/1644 OR843-171 OR944/50Q/C OR947-1198/1199Q/C OR950 Taxes: 20400.09 Tax Year: 2016 Street #: 329 Street Name: Elizabeth 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

General Property Description

Realtor.COM Type: Commercial Waterfront: No Control Depth: 0 Lot SqFt: 4422 Business Name: Garden House Total Units: 12 # Stories: 2 Total # Buildings: 2 Building SqFt: 2912 Style: Commercial Living Apx SqFt: 2769 Year Built: 1938 Total Bedrooms: 12 Full Baths: 12 Total Baths: 12

Remarks & Misc

Remarks – Consumer: Turn-Key Business, A hidden gem located in The Downtown Historic District in Key West, Florida. Charming and Cozy this two building, 12 bedroom, 12 bathroom guest house is a great value with great numbers. Small heated pool. Common Area with Broadband Wi-fi available. The guest house is located 2 blocks off Duval Street and within walking distance to the Historic Seaport, Shops, Restaurants and all Attractions. The Inn has been in continuous operation since the early 70's. Owner is a Florida Licensed REALTOR. Management currently in place with Key West Vacation Rentals powered by Vacasa. Most rooms have been refreshed and renovated. Approval complete and now have 12 transient licenses. Also licensed for 12 seat restaurant.

Deed Restrictions

Unknown: 1

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

License Info

# of City License: 12 # of County License: 12 # of Transient Licns: 12

Type

Other Comrcl Style: 1

Fee Includes

None: 1

Dockage

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Refrigerator: 1 Washer: 1 Other: Microwave

Property Info

# Efficiencies: 1 License Included: 1

Cooling

Ceiling Fans(s): 1 Wall/Window Unit(s): 1

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Combo: 1 Tile: 1 Wood: 1

Interior Features

Drapes/Blinds Incl: 1 Furnished: 1 Laundry Room: 1 Smoke Alarms: 1 Wet Bar: 1

Windows/Doors

French Doors: 1 Wood Windows: 1

Construction

Frame: 1

Land Size

Less Than 1/4 Acre: 1

Utilities

FKAA: 1 Municipal Sewer: 1 Separate Meters: 1

Title

Negotiable: 1

Property Rights

Transient License: 1

Miscellaneous

Fencing: 1 Patio: 1 Pool: 1 Spa: 1 Storage: 1

Roof

Combo Roof: 1

Auction Info

Auction: No

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Sold Date: 2019-01-31 Sold Price: $3,350,000 Status: Closed

Property Features

Deed Restrictions: Unknown Property Info: License Included Type: Other Comrcl Style Waterfront: None Waterview: No Waterview Dockage: None Cooling: Ceiling Fans(s); Wall/Window Unit(s) Utilities: FKAA; Municipal Sewer; Separate Meters Interior Features: Drapes/Blinds Incl; Furnished; Laundry Room; Smoke Alarms; Wet Bar Appliances: Dishwasher; Dryer; Refrigerator; Washer Miscellaneous: Fencing; Patio; Pool; Spa; Storage Construction: Frame Floor: Combo; Tile; Wood Roof: Combo Roof Land Size: Less Than 1/4 Acre Fee Includes: None Title: Negotiable Property Rights: Transient License

Listing Office: Buy The Keys (KW)

Last Updated: September - 09 - 2024

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