311 Elizabeth Street, Key West, FL 33040
$3,100,000
Property Type:
Residential
Bedrooms:
9
Baths:
5
Square Footage:
3,973
Lot Size (sq. ft.):
4,991
Status:
Closed
Current Price:
$3,100,000
List Date:
10/07/2020
Last Modified:
8/26/2024
Description
Abundance in Old Town! This grand 9Bd, 5Ba historic home w/ guesthouse and pool underwent a full renovation in 2015 to create a uniquely designed floor plan offering endless possibilities. This luxury Old Town compound provides a unique investment opportunity with 2 transient & 1 non-transient rental license currently being professionally managed as a full time vacation rental business with over $375,000 of income annually. Offered turnkey furnished and in pristine condition, not a beat will be missed making this business opportunity and luxury real estate investment your own piece of Old Town Key West.
More Information MLS# 587921
Contract Information
Listing Board: Key West Association
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Current Price: $3,100,000
Listing Date: 2019-10-23
Sold Price: $3,100,000
Location, Tax & Legal
KW Neighborhood: Old Town-N of Truman
City: KEY WEST
Mile Marker: 1
Marathon Neighborhood: N/A
Side: Median
Flood Zone: 0.2 PCT ANNUAL CHANC
Alternate Key #: 1003841
Parcel #: 00003680-000000
Zoning: HMDR - Historic Medium Density Residential
Deed Restrictions: No
Legal: KW PT LOT 3 SQR 22 H3-30 H3-30 OR860-1315D/C OR875-2370/73 OR877-1217 OR1052-1541 OR1052-1766 OR1412-1472/73R/S OR2634-1
Taxes: 10741.76
Tax Year: 2018
Pub Sewer HkUp: Yes
Street #: 311
Street Name: Elizabeth
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Old Town - Unrecord (1.0)
Area: 01 - Key West
General Property Description
Realtor.COM Type: Residential - Single Family
Waterfront: No
Control Depth: 0
Lot SqFt: 4991
Pool: Yes
Total Units: 0
Acres: 0.11
SqFt Source: Builder/Architect
Rentals Allowed: Yes
Min Rental Days: 1
Style: Single Family
Year Built: 1953
Living Apx SqFt: 3973
Total Bedrooms: 9
Full Baths: 5
Total Baths: 5
Remarks & Misc
Remarks – Consumer: Abundance in Old Town! This grand 9Bd, 5Ba historic home w/ guesthouse and pool underwent a full renovation in 2015 to create a uniquely designed floor plan offering endless possibilities. This luxury Old Town compound provides a unique investment opportunity with 2 transient & 1 non-transient rental license currently being professionally managed as a full time vacation rental business with over $375,000 of income annually. Offered turnkey furnished and in pristine condition, not a beat will be missed making this business opportunity and luxury real estate investment your own piece of Old Town Key West.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
License Info
Transient Rntl Licns: Yes
Fee Includes
None: 1
Dockage
None: 1
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Freezer: 1
Gas Appliances: 1
Ice Machine: 1
Microwave: 1
Oven: 1
Range: 1
Refrigerator: 1
Stainless Steel Appliance(s): 1
Washer: 1
Pets
Pets Allowed: 1
Cooling
Ceiling Fans(s): 1
Ductless: 1
Heat: 1
Waterfront
None: 1
Waterview
No Waterview: 1
Floor
Tile: 1
Wood: 1
Interior Features
Built-in Cabinets: 1
Cathedral Ceilings: 1
Drapes/Blinds Incl: 1
Fire Sprinkler: 1
Quartz Countertops: 1
Smoke Alarms: 1
Storage: 1
Window Treatments: 1
Specialty Rooms
Guest/Servant Qtrs: Legal
Building Style
Above Flood: Yes
Stories: 3 Stories
Windows/Doors
French Doors: 1
Vehicle Storage
Off Street Parking: 1
Construction
Frame: 1
Land Size
Less Than 1/4 Acre: 1
Furnished
Furnished: 1
Utilities
Cable Available: 1
FKAA: 1
Municipal Sewer: 1
Porch/Balcony
Deck: 1
Open Porch/Balcony: 1
Exterior Features
Detached Guest Qtrs: 1
Fencing: 1
Lighting: 1
Outdoor Shower: 1
Privacy Wall/Fence: 1
Rain Gutters: 1
Shed: 1
Storage: 1
Pool Info
In Ground: 1
Lap: 1
Heated: Yes
Concrete: 1
Dimensions: 25' x 8'
Decked: 1
Pre-Wired
Cable: 1
Roof
Metal Roof: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Sold Date: 2021-01-28
Sold Price: $3,100,000
Status: Closed
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: None
Waterview: No Waterview
Dockage: None
Vehicle Storage: Off Street Parking
Furnished: Furnished
Cooling: Ceiling Fans(s); Ductless; Heat
Utilities: Cable Available; FKAA; Municipal Sewer
Interior Features: Built-in Cabinets; Cathedral Ceilings; Drapes/Blinds Incl; Fire Sprinkler; Quartz Countertops; Smoke Alarms; Storage; Window Treatments
Pre-Wired: Cable
Appliances: Dishwasher; Disposal; Dryer; Freezer; Gas Appliances; Ice Machine; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features: Detached Guest Qtrs; Fencing; Lighting; Outdoor Shower; Privacy Wall/Fence; Rain Gutters; Shed; Storage
Pool Info: In Ground; Lap; Concrete; Decked
Construction: Frame
Floor: Tile; Wood
Roof: Metal Roof
Pets: Pets Allowed
Land Size: Less Than 1/4 Acre
Listing Office:
Truman & Co. (KW)
Last Updated: August - 26 - 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.