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511 Greene Street, Key West, FL 33040

$5,800,000
Property Type: Commercial Lot Size (sq. ft.): 18,758 Status: Closed
Current Price: $5,800,000 List Date: 10/28/2015 Last Modified: 9/09/2024

Overview

Description

Outstanding investment available near Sloppy Joe's. Tenants include The Key West Key Lime Pie Company, art gallery and upscale retail clothing store. The property is licensed with the City to have a 150 seat restaurant which can offer full liquor sales. Located between the Key West Bight and Duval Street, the building is perfectly located in the heart of the tourist district. Building has multiple tenants and off street parking lot.

Listing Details MLS# 122333

Location, Tax & Legal

Street #
511
Street Name
Greene
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
City
KEY WEST
Mile Marker
0
Side
Bay/Gulf
Alternate Key #
1000396
Bldg Nbr
No
Legal
Kw Pt Lot 1 Sqr 7 Parcels No's1,5&6 and as per Monroe County Tax Records
Taxes
33000
Tax Year
2014

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
18758
Waterfront
No
Business Name
N/A
# Stories
2
Building Ht. Ft.
25
Total # Buildings
Yes
Building SqFt
13790
Total Units
7
Year Built
1949
# Parking Spaces
No

Status Change Info

Sold Date
2017-02-28

License Info

# of City License
Galleries

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
Outstanding investment available near Sloppy Joe's. Tenants include The Key West Key Lime Pie Company, art gallery and upscale retail clothing store. The property is licensed with the City to have a 150 seat restaurant which can offer full liquor sales. Located between the Key West Bight and Duval Street, the building is perfectly located in the heart of the tourist district. Building has multiple tenants and off street parking lot.
Directions
100 feet from Duval Street on Greene Street.

Deed Restrictions

Unknown
Yes

Type

Franchise
Yes
Other Comrcl Style
Yes
Restaurant
Yes
Retail
Yes
Shop/Strip Center
Yes
Other Services
Yes

Dockage

None
Yes

Property Info

Gross Annual Expense
0
NOI
0

Cooling

Central Air
Yes

Electric

Circuit Breakers
Yes

Floor

Concrete
Yes

Windows/Doors

French Doors
Yes
Glass Doors
Yes

Construction

CBS
Yes

Land Size

1/4 - 1/2 Acre
Yes

Utilities

FKAA
Yes
Municipal Sewer
Yes

Miscellaneous

High Traffc Location
Yes
High Visibility
Yes

Property Features

Deed Restrictions: Unknown Type: Franchise; Franchise; Other Comrcl Style; Restaurant; Retail; Shop/Strip Center; Other Services Dockage: None Cooling: Central Air Utilities: FKAA; Municipal Sewer Miscellaneous: High Traffc Location; High Visibility Construction: CBS Electric: Circuit Breakers Floor: Concrete Land Size: 1/4 - 1/2 Acre
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
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.