625 South Street, Key West, FL 33040
$4,000,000
Property Type:
Commercial
Lot Size (sq. ft.):
16,368
Status:
Closed
Current Price:
$4,000,000
List Date:
10/18/2006
Last Modified:
9/09/2024
Description
Totally renovated 15 units with 15 transient licenses. 3 buildings, total 5,275s.f. Large 88' x 186s.f. corner lot with ample off street parking for 18 cars. In-ground concrete pool and tropical landscaping. Gross and Net can support purchase price. Great location in popular tourist district.
More Information MLS# 103737
Contract Information
Listing Board: Key West Association
Range Pricing: No
Limited Representation: No
As is Rght to Inspct: Yes
For Sale/Lease: For Sale
Current Price: $4,000,000
Listing Date: 2006-10-18
Sold Price: $4,000,000
Location, Tax & Legal
City: KEY WEST
Mile Marker: 1
Side: Ocean
Alternate Key #: 1038890
Bldg Nbr: 0
Zoning: HCT - Historic Commercial Tourist
Legal: Kwdtsweeny's Dia 0-327lots6&7 Sqr5 Tr17&Kw Investment Cosub Pb1-88 Lots1&2sqr18 Tr7
Taxes: 23108.11
Tax Year: 2005
Street #: 625
Street Name: South
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 Size: 88 x 186
Lot SqFt: 16368
Business Name: Ocean Breeze Inn
Total Units: 15
Year Established: 1999-01-01
# Parking Spaces: 17
# Stories: 1
Building Ht. Ft.: 0
Total # Buildings: 3
Building SqFt: 5275
Style: Commercial
Year Built: 1947
Remarks & Misc
Remarks – Consumer: Totally renovated 15 units with 15 transient licenses. 3 buildings, total 5,275s.f. Large 88' x 186s.f. corner lot with ample off street parking for 18 cars. In-ground concrete pool and tropical landscaping. Gross and Net can support purchase price. Great location in popular tourist district.
Directions: South Street Towards Duval Street, Property On Right Side.
Deed Restrictions
Unknown: 1
Association Info
Mandatory Home Owners Asc: No
License Info
# of Transient Licns: 3
Type
Hotel/Motel: 1
Dockage
None: 1
Property Info
Gross Annual Expense: 0
NOI: 0
Cooling
Ceiling Fans(s): 1
Wall/Window Unit(s): 1
Electric
220 Volt: 1
Circuit Breakers: 1
Construction
CBS: 1
Land Size
1/4 - 1/2 Acre: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Title
Negotiable: 1
Miscellaneous
Pool: 1
Roof
Metal Roof: 1
Status Change Info
Sold Date: 2007-05-25
Sold Price: $4,000,000
Status: Closed
Property Features
Deed Restrictions: Unknown
Type: Hotel/Motel
Dockage: None
Cooling: Ceiling Fans(s); Wall/Window Unit(s)
Utilities: FKAA; Municipal Sewer
Miscellaneous: Pool
Construction: CBS
Electric: 220 Volt; Circuit Breakers
Roof: Metal Roof
Land Size: 1/4 - 1/2 Acre
Title: Negotiable
Listing Office:
At Home in Key West, Inc.
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.