907 Truman Avenue, Key West, FL 33040 (MLS# 567427)

907 Truman Avenue, Key West, FL 33040

$4,000,000

Property Type: Commercial Bedrooms: 11 Baths: 12.1 Square Footage: 5,010 Lot Size (sq. ft.): 8,347 Status: Closed

Current Price: $4,000,000 List Date: 7/25/2015 Last Modified: 9/09/2024

Description

Azul Key West, a meticulously maintained boutique hotel with tropical modern interiors and décor. Sparkling pool in courtyard offer guests serenity while being only 3 blocks from Duval Street. 3 buildings, 11 guest rooms, 12.5 bathrooms and 10 transient licenses. Excellent staff, restaurant license, strong financials, a fantastic turn-key investment opportunity.

Supplements: Please do not disturb the business or employees.

More Information MLS# 567427

Contract Information

Listing Board: Florida Keys Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No For Sale/Lease: For Sale Species List: No Current Price: $4,000,000 Listing Date: 2015-05-06 Sold Price: $4,000,000

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 ZONE Alternate Key #: 1022411 Parcel #: 00021660-000000 Zoning: HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med Legal: KW LOT 12 SQR 4 TR 6 H2-352 OR1174-1806D/C OR1175-896(LG) OR1175-897AFF OR1194-628-C OR1313-584/585 OR2208-1837/38 Taxes: 23495.34 Tax Year: 2014 Street #: 907 Street Name: Truman Street Suffix: Avenue Key/Island: Key West State/Province: FL Zip Code: 33040 Subdivision: Old Town - Unlisted (1.0) County: Monroe Area: 02 - Key West

General Property Description

Realtor.COM Type: Commercial Waterfront: No Control Depth: 0 Lot Size: 72x116 Lot SqFt: 8347 Business Name: Azul Key West Total Units: 11 Year Established: 2006-05-01 # Parking Spaces: 8 Off Street Parking: Yes # Stories: 3 Total # Buildings: 3 Building SqFt: 3599 Style: Commercial Living Apx SqFt: 5010 Year Built: 1903 Total Bedrooms: 11 Full Baths: 12 Half Baths: 1 Total Baths: 12.1

Remarks & Misc

Remarks – Consumer: Azul Key West, a meticulously maintained boutique hotel with tropical modern interiors and décor. Sparkling pool in courtyard offer guests serenity while being only 3 blocks from Duval Street. 3 buildings, 11 guest rooms, 12.5 bathrooms and 10 transient licenses. Excellent staff, restaurant license, strong financials, a fantastic turn-key investment opportunity. Directions: On Truman Avenue between Margaret and Packer Streets.

Deed Restrictions

No: 1

Association Info

Mandatory Home Owners Asc: No

License Info

# of City License: 10 # of Transient Licns: 10

Type

Hotel/Motel: 1

Fee Includes

None: 1

Dockage

None: 1

Accounts & Meters

# Water Meters: 1 # Electric Meters: 3

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Range: 1 Refrigerator: 1 Washer: 1

Property Info

# Kitchens: 1 # Refrigerators: 1 # Range/Ovens: 1 # Washers: 2 # Dryers: 2 # Dishwashers: 2

Cooling

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

Waterfront

None: 1

Electric

Circuit Breakers: 1

Waterview

No Waterview: 1

Floor

Laminate: 1 Wood: 1 Other: 1

Interior Features

Drapes/Blinds Incl: 1 Entrance Foyer: 1 Furnished: 1 Laundry Room: 1 Smoke Alarms: 1 Window Treatments: 1

Windows/Doors

French Doors: 1 Sash/Screen Window: 1

Vehicle Storage

Car(s): 4+ Garage: 1 Guest Parking: 1 Common Parking: 1 Off Street Parking: 1

Construction

Frame: 1

Land Size

Less Than 1/4 Acre: 1

Terms

Buyer Obtain Finance: 1 Owner Consider 2nd: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Title

Title Ins - Buyer: 1

Property Rights

Transient License: 1

Miscellaneous

Fencing: 1 High Traffc Location: 1 High Visibility: 1 Lobby: 1 Patio: 1 Storage: 1

Roof

Metal Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Shutters

Panel: 1

Status Change Info

Sold Date: 2016-02-24 Sold Price: $4,000,000 Status: Closed

Property Features

Deed Restrictions: No Type: Hotel/Motel Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Garage; Common Parking; Guest Parking; Off Street Parking Cooling: Ceiling Fans(s); Wall/Window Unit(s) Utilities: FKAA; Municipal Sewer Interior Features: Drapes/Blinds Incl; Entrance Foyer; Furnished; Laundry Room; Smoke Alarms; Window Treatments Appliances: Dishwasher; Disposal; Dryer; Range; Refrigerator; Washer Miscellaneous: Fencing; High Traffc Location; High Visibility; Lobby; Patio; Storage Construction: Frame Electric: Circuit Breakers Shutters: Panel Floor: Laminate; Wood; Other Roof: Metal Roof Land Size: Less Than 1/4 Acre Fee Includes: None Terms: Buyer Obtain Finance; Owner Consider 2nd Title: Title Ins - Buyer Property Rights: Transient License

Listing Office: Shoreline Properties

Last Updated: September - 09 - 2024

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