521 United Street, Key West, FL 33040 (MLS# 117239)

521 United Street, Key West, FL 33040

$9,250,000

Property Type: Commercial Sale Lot Size (sq. ft.): 21,625 Status: Closed

Current Price: $9,250,000 List Date: 11/15/2012 Last Modified: 9/09/2024

Overview

Description

Pearl's Key West is the largest guesthouse resort in Key West. This multi-award winning renovated historic resort is complete with 38 transient-licensed rooms/suites, 2 commercial pools, 2 outdoor hot tubs and extensive decking in a lush tropical setting. The Guesthouse also has a commercial kitchen and a licensed bar serving guests and non-guests delicious meals and cocktails. The Patio is one of the few tropical bars located inside a guesthouse resort with outdoor seating. The full liquor license is a rarity among guesthouses in Key West. 5 separate buildings, many with historic Dade County Pine. Off-street parking for 4 cars, room for scooters and bicycles.

Listing Details MLS# 117239

Location, Tax & Legal

Street #: 521
Street Name: United
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
Bank Owned: No

General Property Description

Realtor.COM Type: Commercial
Style: Commercial
Lot SqFt: 21625
Waterfront: No
Business Name: Pearl's Key West
Building SqFt: 12183
Year Built: 1928

Status Change Info

Under Contract Date: 2013-10-17
Leased Date: 2013-11-11

License Info

# of Transient Licns: 3

Association Info

Mandatory Home Owners Asc: No

More Information

Financial Status

Bank Owned: No
Potential Short Sale: No

Property Features

Deed Restrictions: Unknown License Info: Other/See Remarks Type: Hotel/Motel; Other Comrcl Style; Restaurant; Other Services Dockage: None Cooling: Central Air; Heat Pump Utilities: FKAA; Municipal Sewer Interior Features: Laundry Room Miscellaneous: High Visibility; Hot Tub; Lobby; Manager on Premises; Patio; Pool; Spa Construction: Combo Construction Land Size: 1/4 - 1/2 Acre Property Rights: Beverage License

Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Updated: September - 09 - 2024

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