Lara Rutskin Martin - Coldwell Banker
603 Southard Street #4
Key West, FL 33040

$3,999,000

Description

Located in prime Old Town Location, this charming historic property dates back to 1865. The property comes with six transient licenses, with only four being used as part of the bed and breakfast operations. The owners occupy the other two bedrooms. Two story porches, old world architectural charms and much more create an authentic Victorian seaside atmosphere. Repeat guests enjoy the comfortable and cheerfully decorated rooms, relaxing by the swimming pool with gazebo, or checking out all of the downtown attractions from the fantastic address. Great investment opportunity to build upon the current foundations of recurring successful operations with expanded use of the facilities and licenses. Financials and projections are available upon request.

Details

MLS#583552
StyleHospitality
Sub-TypeResale
StatusActive
Year1865
Days On Site10

Features

SQ Feet2,870
Story(s)2
Units6
ZoningHRCC(1 - 4) - Hist Res Comm Core

Market Activity 33040

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Area Information

StateFL
CountyMonroe
CityKey West
Zip Code33040
AreaKey West
SubareaOld Town-N of Truman
Listing VS Median (in 33040)
Price:
$3,999,000
low | high
Med:
$599,000
100% of Average
SqFt:
2,870
low | high
Med:
0
100% of Average
$ / SqFt:
$1,393
low | high
Med:
$0
100% of Average
On Site:
10
low | high
Med:
131
7.63358778626% of Average
Listing Updated: 01/15/2019
MLS Number: 583552
Listing Provided By:
Everett Watkins  of  Keller Williams Key West Compass Realty