511 Greene Street, Key West, FL 33040 (MLS# 122333)

511 Greene Street, Key West, FL 33040

$5,800,000

Virtual Tour

http://view.paradym.com/3705531/prt/10003/sk/202

Property Type: Commercial Lot Size (sq. ft.): 18,758 Status: Closed

Current Price: $5,800,000 List Date: 10/28/2015 Last Modified: 9/09/2024

Description

Outstanding investment available near Sloppy Joe's. Tenants include The Key West Key Lime Pie Company, art gallery and upscale retail clothing store. The property is licensed with the City to have a 150 seat restaurant which can offer full liquor sales. Located between the Key West Bight and Duval Street, the building is perfectly located in the heart of the tourist district. Building has multiple tenants and off street parking lot.

More Information MLS# 122333

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: $5,800,000 Listing Date: 2015-10-28 Sold Price: $5,800,000

Location, Tax & Legal

KW Neighborhood: Old Town-N of Truman City: KEY WEST Mile Marker: 0 Side: Bay/Gulf Alternate Key #: 1000396 Bldg Nbr: 0 Legal: Kw Pt Lot 1 Sqr 7 Parcels No's1,5&6 and as per Monroe County Tax Records Taxes: 33000 Tax Year: 2014 Street #: 511 Street Name: Greene 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: 167' X 113' Lot SqFt: 18758 Business Name: N/A Total Units: 7 # Parking Spaces: 0 # Stories: 2 Building Ht. Ft.: 25 Total # Buildings: 1 Building SqFt: 13790 Style: Commercial Year Built: 1949

Remarks & Misc

Remarks – Consumer: Outstanding investment available near Sloppy Joe's. Tenants include The Key West Key Lime Pie Company, art gallery and upscale retail clothing store. The property is licensed with the City to have a 150 seat restaurant which can offer full liquor sales. Located between the Key West Bight and Duval Street, the building is perfectly located in the heart of the tourist district. Building has multiple tenants and off street parking lot. Directions: 100 feet from Duval Street on Greene Street.

Deed Restrictions

Unknown: 1

Association Info

Mandatory Home Owners Asc: No Association Fee $: 0

License Info

# of City License: Galleries

Type

Franchise: 1 Other Comrcl Style: 1 Restaurant: 1 Retail: 1 Shop/Strip Center: 1 Other Services: 1

Dockage

None: 1

Property Info

Gross Annual Expense: 0 NOI: 0

Cooling

Central Air: 1

Electric

Circuit Breakers: 1

Floor

Concrete: 1

Windows/Doors

French Doors: 1 Glass Doors: 1

Construction

CBS: 1

Land Size

1/4 - 1/2 Acre: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Miscellaneous

High Traffc Location: 1 High Visibility: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Sold Date: 2017-02-28 Sold Price: $5,800,000 Status: Closed

Property Features

Deed Restrictions: Unknown Type: Franchise; Franchise; Other Comrcl Style; Restaurant; Retail; Shop/Strip Center; Other Services Dockage: None Cooling: Central Air Utilities: FKAA; Municipal Sewer Miscellaneous: High Traffc Location; High Visibility Construction: CBS Electric: Circuit Breakers Floor: Concrete Land Size: 1/4 - 1/2 Acre

Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Updated: September - 09 - 2024

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