719 South Street

Key West, FL 33040 / Old Town - Unlisted (1.0)

MLS ID# 608224 Closed
Multi-Units

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Closed $2,600,000

6 beds

5 baths

******** Garage

2430 sqft

0.14 acres

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• Description
• Location, Tax & Legal
• General Property Description
• Details

Description

Tap into the lucrative Key West tourism market and capitalize on the potential for increased revenue. Embrace the timeless charm of the 50's through 70's motel era by owning your unique vintage motel, complete with four Transient Licenses. Situated conveniently in the heart of old town, your patrons can relish in the nostalgia of simpler times while having easy access to all the attractions. The property, currently utilized for long-term rentals, requires some work to transform it into a successful business venture. However, all the essential elements are in place, ensuring a prompt startup. Buyers are advised to conduct due diligence to verify property rights. As the property is currently occupied by tenants, please refrain from disturbing them and arrange viewings accompanied by the listing agent. Tap into the lucrative Key West tourism market and capitalize on the potential for increased revenue. Embrace the timeless charm of the 50's through 70's motel era by owning your unique vintage motel, complete with four Transient Licenses. Situated ... show more

Location, Tax & Legal

• Street # 719
• Street Name South
• Street Suffix Street
• Key/Island Key West
• City KEY WEST
• State/Province FL
• Zip Code 33040
• Off Shore Island No
• County Monroe
• Subdivision Old Town - Unlisted (1.0)
• Mile Marker 1
• Area 02 - Key West
• KW Neighborhood Casa Marina
• Marathon Neighborhood N/A
• Side Median
• Flood Zone AE,0.2 PCT ANNUAL CH
• Alternate Key # 1039004
• Parcel # 00038260-000000
• Zoning HRO - Historic Residential/Office
• Deed Restrictions Unknown
• Legal KW KW INVESTMENT CO SUB PB1-88 LOT 11 SQR 18 TR 17 OR261-72/73 OR506-133 OR511-986 OR582-64 OR687-458 OR812-1185OR825-20
• Taxes 11980.34
• Tax Year 2023
• Pub Sewer HkUp Yes

General Property Description

• Realtor.COM Type Multi-family
• Style Multi-Units
• Waterfront No
• Control Depth 0
• Pool No
• Year Built 1958
• Total Units 0
• Lot SqFt 6000
• Lot Sqft Source Property Data Card
• Acres 0.14
• Living Apx SqFt 2430
• SqFt Source Property Data Card
• Total Bedrooms 6
• Full Baths 5
• Half Baths 0
• Total Baths 5
• Rentals Allowed Yes

Details

• Association Info

  No Mandatory Home Owners Asc, No 1st Right of Refusal, Association Fee $:0

• Fee Includes

  None

• Tax Exemptions

  None

• License Info

  Transient Rntl Licns

• Waterfront

  None

• Waterview

  No Waterview

• Dockage

  None

• Building Style

  No Above Flood, Ground Level, Stories:2 Stories

• Vehicle Storage

  Off Street Parking

• Utilities

  Buyer to Verify, Elect Separate Meter, FKAA, Municipal Sewer

• Appliances

  Range, Refrigerator

• Construction

  CBS

• Pets

  Pets Allowed

• Land Size

  Less Than 1/4 Acre

• Show

  Call List Agent, LA Must Accompany, Sign on Property, Tenant Occupied