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
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.
More Information MLS# 122333
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
Current Price: $5,800,000
Listing Date: 2015-10-28
Sold Price: $5,800,000
Location, Tax & Legal
KW Neighborhood: Old Town-N of Truman
City: KEY WEST
Mile Marker: 0
Side: Bay/Gulf
Alternate Key #: 1000396
Bldg Nbr: 0
Legal: Kw Pt Lot 1 Sqr 7 Parcels No's1,5&6 and as per Monroe County Tax Records
Taxes: 33000
Tax Year: 2014
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
General Property Description
Realtor.COM Type: Commercial
Waterfront: No
Lot Size: 167' X 113'
Lot SqFt: 18758
Business Name: N/A
Total Units: 7
# Parking Spaces: 0
# Stories: 2
Building Ht. Ft.: 25
Total # Buildings: 1
Building SqFt: 13790
Style: Commercial
Year Built: 1949
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: 1
Association Info
Mandatory Home Owners Asc: No
Association Fee $: 0
License Info
# of City License: Galleries
Type
Franchise: 1
Other Comrcl Style: 1
Restaurant: 1
Retail: 1
Shop/Strip Center: 1
Other Services: 1
Dockage
None: 1
Property Info
Gross Annual Expense: 0
NOI: 0
Cooling
Central Air: 1
Electric
Circuit Breakers: 1
Floor
Concrete: 1
Windows/Doors
French Doors: 1
Glass Doors: 1
Construction
CBS: 1
Land Size
1/4 - 1/2 Acre: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Miscellaneous
High Traffc Location: 1
High Visibility: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Sold Date: 2017-02-28
Sold Price: $5,800,000
Status: Closed
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
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