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Anchor Line Realty

Anchor Line Realty specializes in buyer brokerage, real estate sales listings, and long term property management in Key West & the Florida Keys.

Call: (305) 766-6835

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$3,500,000
729 Truman Avenue
Key West, FL 33040
MLS# 120497
Status: Closed



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Property Description
Exclusive Bed and Breakfast being offered for sale in Old Town, 3 block from Duval St. Premier property consisting of two buildings on two lots, 9 units, each room is themed and unique. Commercial kitchen licensed for 12 restaurant seats. Food served is gourmet quality. Occupancy in 2013 was at 92% with an average daily rate of $234.92 per room. Strong repeat business, outstanding condition, amazing reviews. Inground concrete pool and lavish grounds, porches, nooks. Offstreet parking for 8 cars.

Details
Maps
Contract Information
Current Price: $3,500,000
Listing Date: 2014-10-17
Listing Board: Key West Association
Leased Price Monthly: $3,500,000
Limited Representation: No
As is Rght to Inspct: Yes
For Sale/Lease: For Sale
Potential Short Sale: No
Location, Tax & Legal
Street #: 729
Street Name: Truman
Street Suffix: Avenue
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: Old Town - Unlisted (1.0)
County: Monroe
Area: 01 - Key West
General Property Description
Realtor.COM Type: Commercial
Style: Commercial
Lot SqFt: 16350
Waterfront: No
Business Name: Mermaid & Alligator
# Parking Spaces: 8
# Stories: 2
Building Ht. Ft.: 25
Total # Buildings: 2
Building SqFt: 4981
Year Built: 1933
Association Info
Mandatory Home Owners Asc: No
License Info
# of City License: Guest House/B&B
# of Transient Licns: 2
Financial Status
Potential Short Sale: No
Status Change Info
Under Contract Date: 2016-05-17
Leased Date: 2016-05-17
Leased Price Monthly: $3,500,000
Status: Closed
Property Features
Deed Restrictions: Unknown
License Info: Non Trans Rntl Lic
Type: Other Services
Dockage: None
Cooling: Ceiling Fans(s); Wall/Window Unit(s)
Utilities: FKAA; Municipal Sewer
Miscellaneous: Fencing; High Traffc Location; High Visibility; Highway Frontage; Lobby; Patio; Pool
Construction: Frame
Electric: Circuit Breakers
Shutters: Roll Down Manual
Floor: Combo; Tile; Wood
Roof: Metal Roof
Land Size: 1/4 - 1/2 Acre
Title: Negotiable
Tenant Paid: Tnt Pays No Utils

Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty

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.


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David Austin, Owner/Broker
Anchor Line Realty, LLC
820 Ashe Street
Key West, FL 33040
www.anchorlinerealty.com
[email protected]
305.766.6835
Member, National Association of Realtors (NAR)
Member, Florida Association of Realtors (FAR)
Member, Key West Association of Realtors (KWAR)