$3,025,000
Key West, FL 33040
MLS# 575656
Status: Closed
11 beds | 9.1 baths | 3652 sqft

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Property Description
2 blocks from the Historic Seaport, Artist House on Fleming is a grand single family home built circa 1894 and converted to this beautiful guest house in the early 2000's. 9 guest rooms with 2 of the 9 rooms being 2 bedroom suites with 1 shared bath, so there are a total of 11 bedrooms. Average occupancy May '16 through March '17 89.5%. High end breakfast and caring and stable staff lend to excellent TripAdvisor reports. This well maintained and profitable business will steal your heart yet appeal to your business mind.
Details
Maps
Contract Information
Current Price: $3,025,000
Listing Date: 2017-05-19
Listing Board: Key West Association
Leased Price Monthly: $3,025,000
Limited Representation: No
As is Rght to Inspct: Yes
For Sale/Lease: For Sale
Potential Short Sale: No
Bank Owned: No
Species List: No
Location, Tax & Legal
Street #: 1016
Street Name: Fleming
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: Old Town - Unrecord (1.0)
County: Monroe
Area: 01 - Key West
General Property Description
Realtor.COM Type: Commercial
Style: Commercial
Lot SqFt: 4960
Waterfront: No
# Stories: 3
Building SqFt: 3652
Living Apx SqFt: 3652
Year Built: 1933
Total Bedrooms: 11
Full Baths: 9
Half Baths: 1
Total Baths: 9.1
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
# of Transient Licns: 9
Property Info
NOI: 9.1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Under Contract Date: 2017-07-22
Leased Date: 2018-02-06
Leased Price Monthly: $3,025,000
Status: Closed
Property Features
Deed Restrictions: No
Type: Hotel/Motel
Waterfront: None
Waterview: No Waterview
Dockage: None
Utilities: FKAA
Interior Features: Furnished; Smoke Alarms; Window Treatments
Appliances: Dishwasher; Dryer; Refrigerator; Washer
Miscellaneous: Lobby; Manager on Premises; Spa; Storage
Construction: Frame
Roof: Metal Roof
Land Size: Less Than 1/4 Acre
Fee Includes: None
Property Rights: Transient License
Listing Office: Coldwell Banker Schmitt Real Estate 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.