$2,775,000
Marathon, FL 33050
MLS# 598989
Status: Closed
11 beds | 12 baths | 6248 sqft
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Property Description
Iconic Knights Key Inn! Knights Key Inn location is best described as unique with ocean views and views of the famous 7 Mile Bridge. The Old Seven Mile Bridge is open for walking and biking! This business is completely turnkey and impeccably maintained for the new owner. Industrial washer and dryer installed recently. A short walk from Knights Key Inn to the 7 Mile Bridge to take Sunset pictures. There are 10 transient licenses. The property appraised for $3,460,000 in 2018. There is an apartment on site for the manager/owner. An office space could produce additional income or made into another rental unit. Centered in the Middle Keys and it's short walk to the Sunset Grille for dining.
Details
Maps
Contract Information
Current Price: $2,775,000
Listing Date: 2022-01-01
Listing Board: Marathon/Lower Keys
Leased Price Monthly: $2,775,000
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 #: 40
Direction: W
Street Name: Kyle
Street Suffix: Way
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
Subdivision: Knights Key Village (47.0)
County: Monroe
Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
General Property Description
Realtor.COM Type: Commercial
Style: Commercial
Lot Size: 190ft. by. 115ft
Lot SqFt: 20010
Waterfront: No
Business Name: Knights Key Inn
# Stories: 3
Total # Buildings: 1
Building SqFt: 6248
SqFt Source: Property Data Card
Living Apx SqFt: 6248
Year Built: 1968
Total Bedrooms: 11
Full Baths: 11
Half Baths: 1
Total Baths: 12
Status Change Info
Under Contract Date: 2022-02-13
Leased Date: 2022-04-29
Leased Price Monthly: $2,775,000
Sold Comments: Congrats everyone!
Status: Closed
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
# of Transient Licns: 10
Misc Property Info
Recorded Plat: Yes
Property Info
# Kitchens: 11
# Refrigerators: 11
# Range/Ovens: 10
Financial Status
Bank Owned: No
Potential Short Sale: No
Property Features
Deed Restrictions: Unknown
Type: Hotel/Motel
Waterfront: None
Waterview: Ocean View
Dockage: None
Vehicle Storage: Off Street Parking; Trailer Storage
Cooling: Ceiling Fans(s); Wall/Window Unit(s)
Utilities: FKAA; Municipal Sewer
Interior Features: Drapes/Blinds Incl; Furnished; Laundry Room; Window Treatments
Appliances: Range; Refrigerator
Miscellaneous: Open Water View; Pool
Construction: CBS
Floor: Laminate; Tile
Roof: Metal Roof
Land Size: 1/4 - 1/2 Acre
Fee Includes: None
Terms: Buyer Obtain Finance; Not Assumable
Title: Title Ins - Buyer
Property Rights: Transient License
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: September - 09 - 2024
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