5501 5th Avenue, Stock Island, FL 33040 (MLS# 121475)

5501 5th Avenue, Stock Island, FL 33040

$1,800,000

Property Type: Commercial Lot Size (sq. ft.): 22,086 Status: Closed

Current Price: $1,800,000 List Date: 4/20/2015 Last Modified: 9/09/2024

Description

Iconic & landmark Rusty Anchor Seafood Restaurant/Bar & Federally permitted Wholesale and Retail Fish House. Family owned for last 32 years, loyal customer base. Owner will consider financing with reasonable down payment, or may consider a long term lease. Includes the real estate along with recognized name, numbers, F, F & E & specialty seafood permits for turnkey venture. Property runs from 3rd. Ave. to 5th Ave. Ample customer and employee parking front & rear. Building & Equip in good condition, ADA compliant, 3 phase electric. Large dining rooms & private room for large parties. Located footsteps to the 2 new waterfront hotels and marina developments on fast growing Stock Island.

More Information MLS# 121475

Contract Information

Listing Board: Key West Association Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: No For Sale/Lease: For Sale Species List: Yes Current Price: $1,800,000 Listing Date: 2015-04-20 Sold Price: $1,800,000

Location, Tax & Legal

KW Neighborhood: Outside of Key West City: KEY WEST Mile Marker: 0 Side: Ocean Alternate Key #: 1161152 Bldg Nbr: 0 Zoning: MU - Mixed Use District Legal: 1-55 LOT 14 15 & PT LT 43 BLK 54 Y-197 OR22-389 OR23-258 OR56-191 OR68-290 OR71-432 OR488-320 OR548 Taxes: 8234 Tax Year: 2014 Street #: 5501 Street Name: 5th Street Suffix: Avenue Key/Island: Stock Island State/Province: FL Zip Code: 33040 Subdivision: Maloney Sub Subdivision (5.0) County: Monroe Area: 05 - Stock Island to Shark Key

General Property Description

Realtor.COM Type: Commercial Waterfront: No Lot Size: Irregular Lot SqFt: 22086 Business Name: Rusty Anchor Seafood Total Units: 2 Year Established: 1983-01-01 # Parking Spaces: 23 # Stories: 1 Building Ht. Ft.: 0 Total # Buildings: 2 Building SqFt: 4166 Style: Commercial Year Built: 1973

Remarks & Misc

Remarks – Consumer: Iconic & landmark Rusty Anchor Seafood Restaurant/Bar & Federally permitted Wholesale and Retail Fish House. Family owned for last 32 years, loyal customer base. Owner will consider financing with reasonable down payment, or may consider a long term lease. Includes the real estate along with recognized name, numbers, F, F & E & specialty seafood permits for turnkey venture. Property runs from 3rd. Ave. to 5th Ave. Ample customer and employee parking front & rear. Building & Equip in good condition, ADA compliant, 3 phase electric. Large dining rooms & private room for large parties. Located footsteps to the 2 new waterfront hotels and marina developments on fast growing Stock Island. Directions: US 1 to Cross St stoplight. East to 5th Ave. Left at stop sign. 2 blocks.

Deed Restrictions

Unknown: 1

Association Info

Mandatory Home Owners Asc: No Association Fee $: 0

License Info

SRX (Non-Transferab): 1

Type

Restaurant: 1 Retail: 1 Wholesale Mfg/Wrhse: 1

Fee Includes

None: 1

Dockage

None: 1

Property Info

Gross Annual Expense: 0 NOI: 0

Cooling

Central Air: 1

Electric

Three Phase: 1

Floor

Other: 1

Windows/Doors

Other Windows/Doors: 1

Vehicle Storage

Off Street Parking: 1

Construction

CBS: 1 Other: 1

Land Size

1/2 - Less Than 1 AC: 1

Terms

Seller Finance Psble: 1

Utilities

FKAA: 1 Municipal Sewer: 1 Propane: 1

Title

Negotiable: 1

Property Rights

Beverage License: 1

Miscellaneous

High Visibility: 1 Loading Dock: 1

Roof

Other Roof: 1

Financial Status

Potential Short Sale: No

Status Change Info

Sold Date: 2016-10-28 Sold Price: $1,800,000 Status: Closed

Property Features

Deed Restrictions: Unknown License Info: SRX (Non-Transferab) Type: Restaurant; Retail; Wholesale Mfg/Wrhse Dockage: None Vehicle Storage: Off Street Parking Cooling: Central Air Utilities: FKAA; Municipal Sewer; Propane Miscellaneous: High Visibility; Loading Dock Construction: CBS; Other Electric: Three Phase Floor: Other Roof: Other Roof Land Size: 1/2 - Less Than 1 AC Fee Includes: None Terms: Seller Finance Psble Title: Negotiable Property Rights: Beverage License

Listing Office: RE/MAX KEYS CONNECTION

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.