400 Fleming Street, Key West, FL 33040 (MLS# 121117)

400 Fleming Street, Key West, FL 33040

$4,250,000

Property Type: Commercial Lot Size (sq. ft.): 6,700 Status: Closed

Current Price: $4,250,000 List Date: 2/09/2015 Last Modified: 9/09/2024

Description

Victorian Mansion on Fleming St. 13 Guest Rooms and a 2 br/ 2 ba owner's unit. Strong financials available. 79.4% occupancy rate 2014 Room for improvement. Large pool is clothing-optional. 400 amp electric service.

More Information MLS# 121117

Contract Information

Listing Board: Key West Association Limited Representation: No As is Rght to Inspct: No Potential Short Sale: No Bank Owned: No For Sale/Lease: For Sale Current Price: $4,250,000 Listing Date: 2015-02-09 Sold Price: $4,250,000

Location, Tax & Legal

KW Neighborhood: Old Town-N of Truman City: KEY WEST Mile Marker: 1 Side: Median Flood Zone: X Alternate Key #: 1010189 Parcel #: 00009910-000000 Bldg Nbr: 0 Zoning: HRO - Historic Residential/Office Legal: Kw Pt Lot 3 Sqr 51 G27-63 and as per Monroe County Tax Records Taxes: 25133 Tax Year: 2014 Street #: 400 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

General Property Description

Realtor.COM Type: Commercial Waterfront: No Lot Size: 50' X 134' Lot SqFt: 6700 Business Name: Withheld Total Units: 13 Year Established: 2001-01-01 # Parking Spaces: 0 # Stories: 3 Building Ht. Ft.: 40 Total # Buildings: 2 Building SqFt: 6707 Style: Commercial Year Built: 1889

Remarks & Misc

Remarks – Consumer: Victorian Mansion on Fleming St. 13 Guest Rooms and a 2 br/ 2 ba owner's unit. Strong financials available. 79.4% occupancy rate 2014 Room for improvement. Large pool is clothing-optional. 400 amp electric service.

Deed Restrictions

Unknown: 1

Association Info

Mandatory Home Owners Asc: No Association Fee $: 0

License Info

# of City License: 1 # of Transient Licns: 2 5-Cop (Transferable): 1 Non Trans Rntl Lic: 1

Type

Other Services: 1

Dockage

None: 1

Property Info

Gross Annual Expense: 0 NOI: 426175

Cooling

Heat Pump: 1

Electric

220 Volt: 1 Other Electric: 1

Floor

Carpet: 1 Tile: 1 Wood: 1

Interior Features

Laundry Room: 1

Windows/Doors

Double Hung Windows: 1 French Doors: 1 Jalousie Windows: 1 Wood Windows: 1

Construction

Frame: 1

Land Size

Less Than 1/4 Acre: 1

Terms

Seller Finance Psble: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Title

Negotiable: 1

Property Rights

Beverage License: 1

Miscellaneous

Fencing: 1 Lobby: 1 Manager on Premises: 1 Patio: 1 Pool: 1 Residence on Premise: 1 Sprinkler System: 1 Storage: 1

Roof

Metal Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Tenant Paid

Tnt Pays No Utils: 1

Status Change Info

Sold Date: 2015-05-13 Sold Price: $4,250,000 Status: Closed

Property Features

Deed Restrictions: Unknown License Info: 5-Cop (Transferable); Non Trans Rntl Lic Type: Other Services Dockage: None Cooling: Heat Pump Utilities: FKAA; Municipal Sewer Interior Features: Laundry Room Miscellaneous: Fencing; Lobby; Manager on Premises; Patio; Pool; Residence on Premise; Sprinkler System; Storage Construction: Frame Electric: 220 Volt; Other Electric Floor: Carpet; Tile; Wood Roof: Metal Roof Land Size: Less Than 1/4 Acre Terms: Seller Finance Psble Title: Negotiable Tenant Paid: Tnt Pays No Utils Property Rights: Beverage License

Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Updated: September - 09 - 2024

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