Listing ID598172
Price$12,000,000$1.6M
StatusActive
Bedrooms14
Total Baths12
Full Baths12
SqFt 6,235
CountyMonroe
SubdivisionOld Town - Unlisted (1.0)
Year Built1933
Property TypeCommercial
Property Sub TypeCommercial
Listing Agent
Ray Capas
Ray Capas
Title: Sales Associate
Address: 336 Duval Street
City: Key West
State/Province: FL
Zipcode: 33040
Office Phone: 305-294-5155
Office Fax: 305-296-0946
Cell Phone: 305-587-3483
Possible Short term Owner Financing Considered - Lower Duval Street, 12 unit guesthouse complex offering over sized single rooms, suites & 2 bedroom units with kitchens with large heated pool. - - - Perfect location within the 2-4 block Entertainment District of Old Town inclusive of bars, restaurants, theaters, Mallory Square attractions and the cruise ship port. >>>> Huge 13,000 sq ft parcel buffered from traffic & street noise, with rooms being setback 40' from Duval. The 200' deep parcel provides a unique 100 foot separation between the front & rear, 3 & 2 story structures - offering guests considerably more privacy. *** Valuable 6 space, compact car guest parking situated between the two collective 7,000 sq.ft buildings. Casa 325 Suites offers a melding of a (7) unit, 100 year old 3 story, ship builders' construction - along with a more recently developed, 5 unit, 2 story structure offering larger rooms & vaulted ceilings. +++ All units have custom furniture built from reclaimed Dade County Pine. Large 2 bdrm ADA unit with kitchen. Prime Duval Street attractions booth included, situated at driveway entrance, currently leased out but should be operated by the Guesthouse operation itself.||||| Go to Casa325.com for full array of pictures, layout of units & rates. Excellent Trip Advisor Rating. There are also (13) electric meters & ( 7 ) water meters on site.** See 'Documents for Survey, Licenses & aerial with lot lines ** CASH FLOW - 2021 - $1.33 mil gross / NOI - $705,000. 89% Average Occupancy |2022 - $1.3 mil gross / NOI $600,000 - 88% Average Occupancy. $650,000 Advance Bookings as of 3/2023 - 4/2024The over sized rooms and property amenities will support higher rates than what is being charged. (7) out of the 12 units have kitchens
©2023 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. 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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Information is deemed reliable but not guaranteed. Data last updated: Saturday, September 23rd, 2023 at 12:13:31 PM.
#IDX-primaryPhoto,#idx-details-headerListed by: Berkshire Hathaway Knight & Gardner (305) 587-3483

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Ray Capas

336 Duval Street
Key West, FL 33040
USA
Phone: 305-587-3483
Fax: 305-296-0946
Data services provided by IDX Broker
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