1016 Fleming Street, Key West, FL 33040
$3,025,000
Property Type:
Commercial
Bedrooms:
11
Baths:
9.1
Square Footage:
3,652
Lot Size (sq. ft.):
4,960
Status:
Closed
Current Price:
$3,025,000
List Date:
5/20/2017
Last Modified:
9/09/2024
Description
2 blocks from the Historic Seaport, Artist House on Fleming is a grand single family home built circa 1894 and converted to this beautiful guest house in the early 2000's. 9 guest rooms with 2 of the 9 rooms being 2 bedroom suites with 1 shared bath, so there are a total of 11 bedrooms. Average occupancy May '16 through March '17 89.5%. High end breakfast and caring and stable staff lend to excellent TripAdvisor reports. This well maintained and profitable business will steal your heart yet appeal to your business mind.
More Information MLS# 575656
Contract Information
Listing Board: Key West Association
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: $3,025,000
Listing Date: 2017-05-19
Sold Price: $3,025,000
Location, Tax & Legal
KW Neighborhood: Old Town-N of Truman
City: KEY WEST
Off Shore Island: No
Mile Marker: 1
Side: N/A
Flood Zone: AE
Alternate Key #: 1007552
Parcel #: 00007290-000000
Zoning: HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
Legal: KW PT LOTS 2 AND 3 SQR 45 ZZ-344 OR380-765/68 OR1018-1482 OR1142-915 OR1313-1020/22 OR1555-2076/77 OR1938-1222 OR2231-17
Taxes: 21397.72
Tax Year: 2016
Street #: 1016
Street Name: Fleming
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: Old Town - Unrecord (1.0)
County: Monroe
Area: 01 - Key West
General Property Description
Realtor.COM Type: Commercial
Waterfront: No
Control Depth: 0
Lot SqFt: 4960
Total Units: 0
# Stories: 3
Building SqFt: 3652
Style: Commercial
Living Apx SqFt: 3652
Year Built: 1933
Total Bedrooms: 11
Full Baths: 9
Half Baths: 1
Total Baths: 9.1
Remarks & Misc
Remarks – Consumer: 2 blocks from the Historic Seaport, Artist House on Fleming is a grand single family home built circa 1894 and converted to this beautiful guest house in the early 2000's. 9 guest rooms with 2 of the 9 rooms being 2 bedroom suites with 1 shared bath, so there are a total of 11 bedrooms. Average occupancy May '16 through March '17 89.5%. High end breakfast and caring and stable staff lend to excellent TripAdvisor reports. This well maintained and profitable business will steal your heart yet appeal to your business mind.
Directions: Fleming to 1016 Fleming at the corner of Nassau Lane on the right.
Deed Restrictions
No: 1
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
# of Transient Licns: 9
Type
Hotel/Motel: 1
Fee Includes
None: 1
Dockage
None: 1
Appliances
Dishwasher: 1
Dryer: 1
Refrigerator: 1
Washer: 1
Property Info
NOI: 9.1
Waterfront
None: 1
Waterview
No Waterview: 1
Interior Features
Furnished: 1
Smoke Alarms: 1
Window Treatments: 1
Construction
Frame: 1
Land Size
Less Than 1/4 Acre: 1
Utilities
FKAA: 1
Property Rights
Transient License: 1
Miscellaneous
Lobby: 1
Manager on Premises: 1
Spa: 1
Storage: 1
Roof
Metal Roof: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Sold Date: 2018-02-06
Sold Price: $3,025,000
Status: Closed
Property Features
Deed Restrictions: No
Type: Hotel/Motel
Waterfront: None
Waterview: No Waterview
Dockage: None
Utilities: FKAA
Interior Features: Furnished; Smoke Alarms; Window Treatments
Appliances: Dishwasher; Dryer; Refrigerator; Washer
Miscellaneous: Lobby; Manager on Premises; Spa; Storage
Construction: Frame
Roof: Metal Roof
Land Size: Less Than 1/4 Acre
Fee Includes: None
Property Rights: Transient License
Listing Office:
Coldwell Banker Schmitt Real Estate Co. (KW)
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.