329 Elizabeth Street, Key West, FL 33040 (MLS# 575464)

329 Elizabeth Street, Key West, FL 33040

$3,350,000

Property Type: Commercial Sale Bedrooms: 12 Baths: 12 Square Footage: 2,769 Lot Size (sq. ft.): 4,422 Status: Closed

Current Price: $3,350,000 List Date: 11/02/2017 Last Modified: 9/09/2024

Overview

Description

Turn-Key Business, A hidden gem located in The Downtown Historic District in Key West, Florida. Charming and Cozy this two building, 12 bedroom, 12 bathroom guest house is a great value with great numbers. Small heated pool. Common Area with Broadband Wi-fi available. The guest house is located 2 blocks off Duval Street and within walking distance to the Historic Seaport, Shops, Restaurants and all Attractions. The Inn has been in continuous operation since the early 70's. Owner is a Florida Licensed REALTOR. Management currently in place with Key West Vacation Rentals powered by Vacasa. Most rooms have been refreshed and renovated. Approval complete and now have 12 transient licenses. Also licensed for 12 seat restaurant.

Listing Details MLS# 575464

Location, Tax & Legal

Street #: 329
Street Name: Elizabeth
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

Contract Information

Listing Board: Key West Association
Limited Representation: No
As is Rght to Inspct: Yes
For Sale/Lease: For Sale
Potential Short Sale: No
Bank Owned: No

General Property Description

Realtor.COM Type: Commercial
Style: Commercial
Lot SqFt: 4422
Waterfront: No
Business Name: Garden House
# Stories: 2
Total # Buildings: 2
Building SqFt: 2912
Living Apx SqFt: 2769
Total Units: 12
Year Built: 1938
Total Bedrooms: 12
Full Baths: 12
Total Baths: 12

Status Change Info

Under Contract Date: 2018-12-04
Leased Date: 2019-01-31

License Info

# of City License: 12
# of County License: 12
# of Transient Licns: 12

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No

More Information

Property Info

# Efficiencies: Yes

Appliances

Other: Microwave

Auction Info

Auction: No

Financial Status

Bank Owned: No
Potential Short Sale: No

Property Features

Deed Restrictions: Unknown Property Info: License Included Type: Other Comrcl Style Waterfront: None Waterview: No Waterview Dockage: None Cooling: Ceiling Fans(s); Wall/Window Unit(s) Utilities: FKAA; Municipal Sewer; Separate Meters Interior Features: Drapes/Blinds Incl; Furnished; Laundry Room; Smoke Alarms; Wet Bar Appliances: Dishwasher; Dryer; Refrigerator; Washer Miscellaneous: Fencing; Patio; Pool; Spa; Storage Construction: Frame Floor: Combo; Tile; Wood Roof: Combo Roof Land Size: Less Than 1/4 Acre Fee Includes: None Title: Negotiable Property Rights: Transient License

Listing Office: Buy The Keys (KW)

Last Updated: September - 09 - 2024

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