511 Olivia Street, Key West, FL 33040
$1,750,000
Property Type:
Commercial
Lot Size (sq. ft.):
5,587
Status:
Closed
Current Price:
$1,750,000
List Date:
2/20/2014
Last Modified:
9/09/2024
Description
Valuable Old Town Guesthouse. Includes two separate buildings on two adjoining lots zoned HRCC-3. Operated with 4 licenses (1 transient and 3 guesthouse licenses) and a total of 11 rooms. These properties produce proven income. Fronting on Olivia and Center Street, there are 2 off street parking spaces on Center St. The large in- ground concrete pool is shared by both properties. There are two separate addresses and two Alternate key numbers; 511 Olivia St. Alt. #1017281 and 820 Center St. #1017284. Lot square footage,Total Building s.f.-FLA & Real Estate taxes have been combined in this report. Buildings in good condition in X Flood Zone.
More Information MLS# 119414
Contract Information
Listing Board: Key West Association
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
For Sale/Lease: For Sale
Current Price: $1,750,000
Listing Date: 2014-02-20
Sold Price: $1,750,000
Location, Tax & Legal
KW Neighborhood: Old Town-N of Truman
City: KEY WEST
Mile Marker: 0
Side: Median
Alternate Key #: 1017281
Bldg Nbr: 0
Legal: As per Monroe County Tax Records Alt# 1017281 & 1017264
Taxes: 16222
Tax Year: 2013
Street #: 511
Street Name: Olivia
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: Old Town - Unrecord (1.0)
Area: 01 - Key West
General Property Description
Realtor.COM Type: Commercial
Waterfront: No
Lot SqFt: 5587
Business Name: N/A
# Parking Spaces: 0
# Stories: 0
Building Ht. Ft.: 0
Total # Buildings: 0
Building SqFt: 2586
Style: Commercial
Year Built: 1933
Remarks & Misc
Remarks – Consumer: Valuable Old Town Guesthouse. Includes two separate buildings on two adjoining lots zoned HRCC-3. Operated with 4 licenses (1 transient and 3 guesthouse licenses) and a total of 11 rooms. These properties produce proven income. Fronting on Olivia and Center Street, there are 2 off street parking spaces on Center St. The large in- ground concrete pool is shared by both properties. There are two separate addresses and two Alternate key numbers; 511 Olivia St. Alt. #1017281 and 820 Center St. #1017284. Lot square footage,Total Building s.f.-FLA & Real Estate taxes have been combined in this report. Buildings in good condition in X Flood Zone.
Deed Restrictions
Unknown: 1
Association Info
Mandatory Home Owners Asc: No
Association Fee $: 0
License Info
# of Transient Licns: 2
Dockage
None: 1
Property Info
Gross Annual Expense: 0
NOI: 0
Construction
Frame: 1
Land Size
Less Than 1/4 Acre: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Property Rights
Transient License: 1
Financial Status
Potential Short Sale: No
Status Change Info
Sold Date: 2014-08-01
Sold Price: $1,750,000
Status: Closed
Property Features
Deed Restrictions: Unknown
Dockage: None
Utilities: FKAA; Municipal Sewer
Construction: Frame
Land Size: Less Than 1/4 Acre
Property Rights: Transient License
Listing Office:
RE/MAX Keys Connection (KW)
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.