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For more information on this property, contact Andy Birrell at 305-923-5753 or andy@keysrealestate.com

719 South Street
KEY WEST, Florida FL 33040
Price: $3,200,000
Listing ID 604696
Status Active
Bedrooms 6
Full Baths 5
Total Baths 5
SqFt 2,430
Year Built 1958

Property Description:

Tap into the lucrative Key West tourism market and capitalize on the potential for increased revenue. Embrace the timeless charm of the 50's through 70's motel era by owning your unique vintage motel, complete with four Transient Licenses. Situated conveniently in the heart of old town, your patrons can relish in the nostalgia of simpler times while having easy access to all the attractions. The property, currently utilized for long-term rentals, requires some work to transform it into a successful business venture. However, all the essential elements are in place, ensuring a prompt startup. Buyers are advised to conduct due diligence to verify property rights. As the property is currently occupied by tenants, please refrain from disturbing them and arrange viewings accompanied by the listing agent.
Andy Birrell
Title: Sales Associate
Address: 336 Duval Street
City: Key West
State/Province: FL
Zipcode: 33040
Home Phone: 305-923-9567
Cell Phone: 305-923-5753

Primary Features

County: Monroe
Property Sub Type: Multi-Family
Property Type: Commercial
Subdivision: Old Town - Unlisted (1.0)
Year Built: 1958
Zoning: HRO - Historic Residential/Office

Interior

Appliances: Range, Refrigerator
Cooling/Heating: Ceiling Fans(s), Wall/Window Unit(s)
Interior Features: Laundry Room

External

Construction: CBS
Control Depth: 0
Dockage: None
Electric Meters: 6
Flood Zone: AE,0.2 PCT ANNUAL CH
Land Size: Less Than 1/4 Acre
Lot Size: 50 X 120
Lot SqFt: 6000
Side: right
Style: Misc Prop Rights
Vehicle Storage: Off Street Parking
Water Meters: 1
Waterfront: no
Waterfront Type: None
Waterview: No Waterview

Location

Area: 02 - Key West
Key/Island: Key West
KW Neighborhood: Casa Marina
Mile Marker: 1
Parcel Number: 00038260-000000

Additional

Days On Market: 182
Type 2: Apartment 3 or more
Utilities: Buyer to Verify, FKAA, Municipal Sewer, Separate Meters

Financial

1st Right of Refusal: no
As Is/Right To Inspect: yes
Bank Owned: no
Contingent: None
Fee Includes: None
Financial Status: Bank Owned: no
Financial Status: Potential Short Sale: no
For Sale/Lease: For Sale
HOA: no
Net Leasable Area: 2430
Number of Transient License: 4
Potential Short Sale: no
Property Rights: Transient License
Tax Year: 2022
Taxes: 10634.81
Tenant Paid: Cable, Electric, Tnt Pays Other Utils

Zoning Info


Area Info


©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: Sunday, September 24th, 2023 at 12:28:35 PM.

Contact - Listing ID 604696

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Andy Birrell

336 Duval Street
Key West, FL 33040
USA
Phone: 305-923-5753
imaginethisrealtor.com

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