Search for Property

411 William Street 1, Key West, FL 33040

$8,840,000
Property Type: Commercial Lot Size (sq. ft.): 28,000 Status: Closed
Current Price: $8,840,000 List Date: 10/28/2014 Last Modified: 9/09/2024

Overview

Description

***For Statistical Purposes Only*** Sale represents: (1) the deed transfers of 20 upscale condo-tel' suite units consisting of 4 efficiency, 12x1 bedroom, and 4x2 bedroom apts, each with transient license and operated as the Island City House Hotel, a boutique hotel comprised of 5 historic buildings at 411 William St. and 810-812 Eaton St.; (2) the management company for the hotel, which manages all 24 hotel units within the hotel (the 20 being sold plus an additional 4 transient licensed suite units), and; (3) the 3 bedroom/2 bath single family home at 814 Eaton St. (4) EXCLUSIONS: The 4x1 bedroom apts excluded from this sale are units #'s 9, 12, 16, & 24.

Listing Details MLS# 120544

Location, Tax & Legal

Street #
411
Street Name
William
Street Suffix
Street
Key/Island
Key West
State/Province
FL
Zip Code
33040
Subdivision
Old Town - Unlisted (1.0)
County
Monroe
Area
01 - Key West
KW Neighborhood
Old Town-N of Truman
Unit #
Yes
City
KEY WEST
Mile Marker
1
Side
Median
Alternate Key #
9082852
Bldg Nbr
No
Zoning
HMDR - Historic Medium Density Residential
Legal
411 William Street #'s 1,2,3,4,5,6,7,8,10,11,13,14,15, 17,18,19,20,21,22,&23 AND 814 Eaton St.
Taxes
1
Tax Year
2014

Contract Information

Listing Board
Key West Association
Limited Representation
Yes
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
28000
Waterfront
No
Business Name
Island City House
Building SqFt
12300
Total Units
20
Year Built
1889
# Parking Spaces
No
# Stories
0
Building Ht. Ft.
0
Total # Buildings
0

Status Change Info

Sold Date
2014-10-29

License Info

# of Transient Licns
2

Association Info

Mandatory Home Owners Asc
No
Association Fee $
0

More Information

Financial Status

Bank Owned
No
Potential Short Sale
No

Remarks & Misc

Remarks – Consumer
***For Statistical Purposes Only*** Sale represents: (1) the deed transfers of 20 upscale condo-tel' suite units consisting of 4 efficiency, 12x1 bedroom, and 4x2 bedroom apts, each with transient license and operated as the Island City House Hotel, a boutique hotel comprised of 5 historic buildings at 411 William St. and 810-812 Eaton St.; (2) the management company for the hotel, which manages all 24 hotel units within the hotel (the 20 being sold plus an additional 4 transient licensed suite units), and; (3) the 3 bedroom/2 bath single family home at 814 Eaton St. (4) EXCLUSIONS: The 4x1 bedroom apts excluded from this sale are units #'s 9, 12, 16, & 24.

Deed Restrictions

Yes
Yes

Type

Hotel/Motel
Yes
Other Services
Yes

Dockage

None
Yes

Property Info

Gross Annual Expense
0
NOI
0

Cooling

Ceiling Fans(s)
Yes
Central Air
Yes
Heat
Yes
Heat Pump
Yes
Wall/Window Unit(s)
Yes

Construction

Frame
Yes

Land Size

1/2 - Less Than 1 AC
Yes

Utilities

FKAA
Yes
Municipal Sewer
Yes

Property Features

Deed Restrictions: Yes Type: Hotel/Motel; Other Services Dockage: None Cooling: Ceiling Fans(s); Central Air; Heat; Heat Pump; Wall/Window Unit(s) Utilities: FKAA; Municipal Sewer Construction: Frame Land Size: 1/2 - Less Than 1 AC
Listing Office: At Home in Key West, Inc.
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.
Search powered by FBS Products