718 South Street
KEY WEST, Florida FL 33040
Price: $7,600,000
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Listing ID: 588348
Status: Active
Bedrooms: 21 Bed
Total Baths: 21 Bath
Full Baths: 21 Bath
SqFt: 7,300 Sq Ft
Year Built: 1948

The Seashell Motel & Hostel is located in the Casa Marina Area of Key West. This 21 bedroom property has 17 transient licenses and is a short walk from world famous Duval Street and the Southernmost Point. Located at the corner of South Street and William Street sit the four buildings totaling over 7,300 SF on a 13,744 SF lot. The lodging market has enjoyed a boom over the past decade in Key West in large part by local government marketing efforts and barriers to entry that are unprecedented in the State of Florida.

Primary Features

Subdivision: Old Town - Unlisted (1.0)
Year Built: 1948
Zoning: HMDR - Historic Medium Density Residential

Additional

1st Right of Refusal: no
Control Depth: 0
License Info: Other/See Remarks
Miscellaneous: Other Miscellaneous, Patio
Number of Transient License: 17
Property Rights: Transient License
Total Number of Buildings: 4
Total Units: 21
Type 2: Hotel/Motel,Other Services
Utilities: FKAA, Municipal Sewer

Location Information

Area: 02 - Key West
Key/Island: Key West
KW Neighborhood: Casa Marina
Mile Marker: 1
Parcel Number: 00036870-000000

Interior Features

Appliances: Dryer, Washer
Interior Features: Laundry Room

Financial Details

Bank Owned: no
Fee Includes: Other
Financial Status: Bank Owned: no
Financial Status: Potential Short Sale: no
For Sale/Lease: For Sale
HOA: no
Potential Short Sale: no
Tax Year: 2018
Taxes: 33003.73

External Features

Construction: CBS, Frame
Dockage: None
Flood Zone: 0.2 PCT ANNUAL CHANC
Land Size: 1/4 - 1/2 Acre
Lot SqFt: 13743
Side: right
Style: Commercial
Waterfront: no
Waterfront Type: None
Waterview: No Waterview

Zoning Info


Area Info


©2020 Florida Keys MLS, Inc. The data relating to real estate for sale on this web site comes in part from the Florida Keys Multiple Listing Service. Listing courtesy of Berkshire Hathaway Knight & Gardner Realty. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Data last updated: Sunday, May 24th, 2020 at 10:06:46 PM.

Contact - Listing ID 588348

Will Langley

336 DUVAL ST
KEY WEST, FL 33040-6510
United States
Phone: 305-394-9020
Fax: 305-296-0946
http://www.keysrealestate.com/

Data services provided by IDX Broker
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