511 Olivia Street, Key West, FL 33040 (MLS# 119414)

511 Olivia Street, Key West, FL 33040

$1,750,000

Property Type: Commercial Sale Lot Size (sq. ft.): 5,587 Status: Closed

Current Price: $1,750,000 List Date: 2/20/2014 Last Modified: 9/09/2024

Overview

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.

Listing Details MLS# 119414

Location, Tax & Legal

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

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

General Property Description

Realtor.COM Type: Commercial
Style: Commercial
Lot SqFt: 5587
Waterfront: No
Business Name: N/A
Building SqFt: 2586
Year Built: 1933

Status Change Info

Under Contract Date: 2014-07-29
Leased Date: 2014-08-01

License Info

# of Transient Licns: 2

Association Info

Mandatory Home Owners Asc: No

More Information

Financial Status

Potential Short Sale: No

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

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