311 Elizabeth Street, Key West, FL 33040

$3,100,000
Property Type: Residential Bedrooms: 9 Baths: 5 Square Footage: 3,973 Lot Size (sq. ft.): 4,991 Status: Closed
Current Price: $3,100,000 List Date: 10/07/2020 Last Modified: 8/26/2024

Overview

Description

Abundance in Old Town! This grand 9Bd, 5Ba historic home w/ guesthouse and pool underwent a full renovation in 2015 to create a uniquely designed floor plan offering endless possibilities. This luxury Old Town compound provides a unique investment opportunity with 2 transient & 1 non-transient rental license currently being professionally managed as a full time vacation rental business with over $375,000 of income annually. Offered turnkey furnished and in pristine condition, not a beat will be missed making this business opportunity and luxury real estate investment your own piece of Old Town Key West.

Listing Details MLS# 587921

Location, Tax & Legal

Street #
311
Street Name
Elizabeth
Street Suffix
Street
Key/Island
Key West
State/Province
FL
Zip Code
33040
County
Monroe
Subdivision
Old Town - Unrecord (1.0)
Area
01 - Key West

Contract Information

Listing Board
Key West Association
As is Rght to Inspct
Yes
Potential Short Sale
No
Bank Owned
No

General Property Description

Realtor.COM Type
Residential - Single Family
Style
Single Family
Waterfront
No
Pool
Yes
Year Built
1953
Lot SqFt
4991
Acres
0.11
Living Apx SqFt
3973
SqFt Source
Builder/Architect
Total Bedrooms
9
Full Baths
5
Total Baths
5
Rentals Allowed
Yes
Min Rental Days
Yes

Status Change Info

Under Contract Date
2020-10-06
Leased Date
2021-01-28

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No

License Info

Transient Rntl Licns
Yes

More Information

Building Style

Above Flood
Yes
# Stories
3 Stories

Specialty Rooms

Guest/Servant Qtrs
Legal

Pool Info

Heated
Yes
Dimensions
25' x 8'

Financial Status

Bank Owned
No
Potential Short Sale
No

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Off Street Parking Furnished: Furnished Cooling: Ceiling Fans(s); Ductless; Heat Utilities: Cable Available; FKAA; Municipal Sewer Interior Features: Built-in Cabinets; Cathedral Ceilings; Drapes/Blinds Incl; Fire Sprinkler; Quartz Countertops; Smoke Alarms; Storage; Window Treatments Pre-Wired: Cable Appliances: Dishwasher; Disposal; Dryer; Freezer; Gas Appliances; Ice Machine; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Detached Guest Qtrs; Fencing; Lighting; Outdoor Shower; Privacy Wall/Fence; Rain Gutters; Shed; Storage Pool Info: In Ground; Lap; Concrete; Decked Construction: Frame Floor: Tile; Wood Roof: Metal Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre
Listing Office: Truman & Co. (KW)
Last Updated: August - 26 - 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.