824 Fleming Street, Key West, FL 33040 (MLS# 120684)

824 Fleming Street, Key West, FL 33040

$2,250,000

Virtual Tour

http://www.visualtour.com/show.asp?t=3487381&prt=10003&sk=202

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

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.

More Information MLS# 120684

Contract Information

Listing Board: Key West Association Limited Representation: Yes As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No For Sale/Lease: For Sale Current Price: $2,250,000 Listing Date: 2014-11-24 Sold Price: $2,250,000

Location, Tax & Legal

KW Neighborhood: Old Town-N of Truman City: KEY WEST Mile Marker: 0 Side: Median Alternate Key #: 1008541 Bldg Nbr: 0 Zoning: HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med Taxes: 9316 Tax Year: 2013 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

General Property Description

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

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: 1

Association Info

Mandatory Home Owners Asc: No Association Fee $: 0

License Info

# of Transient Licns: 2

Type

Hotel/Motel: 1 Other Services: 1

Dockage

None: 1

Property Info

Gross Annual Expense: 0 NOI: 0

Cooling

Central Air: 1 Wall/Window Unit(s): 1

Floor

Wood: 1

Construction

Frame: 1

Land Size

Less Than 1/4 Acre: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Miscellaneous

Fencing: 1 High Visibility: 1 Patio: 1 Pool: 1 Residence on Premise: 1

Roof

Metal Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Sold Date: 2015-05-06 Sold Price: $2,250,000 Status: Closed

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.