1016 Fleming Street, Key West, FL 33040 (MLS# 575656)

1016 Fleming Street, Key West, FL 33040

$3,025,000

Property Type: Commercial Sale Bedrooms: 11 Baths: 9.1 Square Footage: 3,652 Lot Size (sq. ft.): 4,960 Status: Closed

Current Price: $3,025,000 List Date: 5/20/2017 Last Modified: 9/09/2024

Overview

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.

Listing Details MLS# 575656

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

Contract Information

Listing Board: Key West Association
Limited Representation: No
As is Rght to Inspct: Yes
For Sale/Lease: For Sale
Potential Short Sale: No
Bank Owned: No
Species List: No

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: Yes
Total Baths: 9.1

Status Change Info

Under Contract Date: 2017-07-22
Leased Date: 2018-02-06

License Info

# of Transient Licns: 9

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No

More Information

Property Info

NOI: 9.1

Financial Status

Bank Owned: No
Potential Short Sale: No

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

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