815 Catherine Street, Key West, FL 33040
$2,775,000
Property Type:
Commercial
Lot Size (sq. ft.):
9,114
Status:
Closed
Current Price:
$2,775,000
List Date:
6/08/2016
Last Modified:
9/09/2024
Description
A unique Key West Inn with the BEST of all worlds! 6 eco-friendly, low-maintenance king suites in 3 Old KW-style cottages located in the heart of Old Town in a tranquil neighborhood. Versatile layout allows for each of the cottages to be marketed as a two bedroom/two bath cottage with full kitchen or, with the convenience of a lockout, as a 1 bedroom suite with full kitchen and a Studio with kitchenette. Travelers Palm also has terrific financials, with occupancy upside. This beautiful property features all new construction, high end furnishings, energy efficient solar panels, impact resistant glass throughout, a cistern for irrigation, 3 private Jacuzzi's and exquisite pool, central HVAC, private decks, lush tropical landscaping, ample parking, all only a few short blocks from Duval St.
More Information MLS# 123407
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
Species List: Yes
Current Price: $2,775,000
Listing Date: 2016-06-08
Sold Price: $2,775,000
Location, Tax & Legal
KW Neighborhood: Old Town-S of Truman
City: KEY WEST
Mile Marker: 1
Side: Median
Flood Zone: x
Alternate Key #: 1030619
Bldg Nbr: 0
Zoning: HMDR - Historic Medium Density Residential
Legal: KW INVESTMENT CO SUB PB 1-49 LOTS 1 & 3 SQR 5 TR 12 G32-382-383
Taxes: 17452
Tax Year: 2015
Street #: 815
Street Name: Catherine
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: Investment Co Sub (1.0)
County: Monroe
Area: 01 - Key West
General Property Description
Realtor.COM Type: Commercial
Waterfront: No
Lot Size: 93x98
Lot SqFt: 9114
Business Name: Travelers Palm
Total Units: 6
Year Established: 2000-01-01
# Parking Spaces: 3
# Stories: 1
Building Ht. Ft.: 0
Total # Buildings: 3
Building SqFt: 3402
Style: Commercial
Year Built: 2009
Remarks & Misc
Remarks – Consumer: A unique Key West Inn with the BEST of all worlds! 6 eco-friendly, low-maintenance king suites in 3 Old KW-style cottages located in the heart of Old Town in a tranquil neighborhood. Versatile layout allows for each of the cottages to be marketed as a two bedroom/two bath cottage with full kitchen or, with the convenience of a lockout, as a 1 bedroom suite with full kitchen and a Studio with kitchenette. Travelers Palm also has terrific financials, with occupancy upside. This beautiful property features all new construction, high end furnishings, energy efficient solar panels, impact resistant glass throughout, a cistern for irrigation, 3 private Jacuzzi's and exquisite pool, central HVAC, private decks, lush tropical landscaping, ample parking, all only a few short blocks from Duval St.
Directions: From US1 (Truman Ave), go South on White Street to Catherine St. Go West for 6 blocks. Business is on the northeast corner of Catherine and Royal Streets
Deed Restrictions
Unknown: 1
Association Info
Mandatory Home Owners Asc: No
Association Fee $: 0
License Info
# of City License: 1
# of Transient Licns: 2
Non Trans Rntl Lic: 1
Type
Hotel/Motel: 1
Dockage
None: 1
Accounts & Meters
# Sewer Accounts: 1
Property Info
Gross Annual Expense: 0
NOI: 0
Cooling
Ceiling Fans(s): 1
Central Air: 1
Heat: 1
Heat Pump: 1
Electric
Circuit Breakers: 1
Floor
Tile: 1
Windows/Doors
Impact Rstnce Window: 1
Vehicle Storage
Car(s): 3
Off Street Parking: 1
Construction
Manufactured: 1
Land Size
Less Than 1/4 Acre: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Property Rights
Transient License: 1
Miscellaneous
Fencing: 1
Hot Tub: 1
Patio: 1
Pool: 1
Sprinkler System: 1
Storage: 1
Roof
Metal Roof: 1
Status Change Info
Sold Date: 2016-11-01
Sold Price: $2,775,000
Status: Closed
Property Features
Deed Restrictions: Unknown
License Info: Non Trans Rntl Lic
Type: Hotel/Motel
Dockage: None
Vehicle Storage: Off Street Parking
Cooling: Ceiling Fans(s); Central Air; Heat; Heat Pump
Utilities: FKAA; Municipal Sewer
Miscellaneous: Fencing; Hot Tub; Patio; Pool; Sprinkler System; Storage
Construction: Manufactured
Electric: Circuit Breakers
Floor: Tile
Roof: Metal Roof
Land Size: Less Than 1/4 Acre
Property Rights: Transient License
Listing Office:
Truman & Co. (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.