Key West and Lower Florida Keys Real Estate Market Activity, 01/28//2024

Sunday is a day of rest for many people but it isn't one for the Florida Keys Real Estate Market. This is a 24/7 business 365 days a year and it's going to be 366 days this year.We only had one (1) new listing come on the market but it is a great one. It is a six unit Bed and Breakfast in Key West about a block from world famous Duval Street. A property like this could be a great money maker. Take a look below.

I'm also running an offer right now that anyone who buys or sells any house anywhere in the Florida Keys, I will credit you $1,000 of my commission to go towards your closing costs. This offer is good until June 30, 2024.

If this property listed today isn't the right investment for you. that's OK, I'm sure I can find your ideal home for you. There are hundreds more to choose from. Call me at 305-731-0501 or email me at garymcadams@realtorgary.com and let me know what your "Perfect House" would be. More than likely I will locate it. 

Address: 630 South Street KEY WEST FL 33040 Key WestStatus: Active - County: Monroe
 
 
List Number608380
Property TypeCommercial
StyleCommercial
For Sale/LeaseFor Sale
WaterfrontNo
Flood ZoneAE
SideN/A
Control Depth5,011.00
Building Ht. Ft. 
Building SqFt2,254
Net Leasable Area2,014
Potential Short SaleNo
# Stories 
SqFt Source 
List Price$ 4,800,000
StatusActive
Taxes$ 16,627.56
Tax Year2023
Year Built1953
Year Established 
Lot Size50x116
Lot SqFt5,800
Total Units0
SideN/A
Species List 
Area: 02 - Key West
Subdivision: Key West Investment Co Sub (1.0)
Business Name: Old Town-N of Truman
Business Type:  
Zoning: HCT - Historic Commercial Tourist
Total Bedrooms7
Total Baths7.0
Half Baths0
Full Baths7
Range Pricing 
Listing BoardKey West Association
Alternate Key #1038776
Parcel #00038020-000000
Add'l Parcel #1 
Add'l Parcel #2 
Use Lgl Non-Conform 
As is Rght to InspctYes
Limitd ReprsntationNo
Legal: KW KW INVESTMENT CO SUB PB1-69 LT 1 SQR 17 TR 17 AND PT ADJ VACATED ALLEY H3-49 OR612-114 OR651-76 OR758-138/39 OR901-1
Directions:  
Remarks: Unique opportunity! Live in KW & make $! Charming Historic Old Town B&B. Lush tropical garden. Cozy Inn in original, stately mansion reminiscent of a magnificent, historic, Caribbean mansion. Great OT location 1 1/2 blk Duval Street, 1 blk beach, 1 block watersports. Parking. Six transient licensed rooms and one Manager Apartment. True turn key operation, not a start-up. Concierge/travel agency services add additional revenue. Unique location,renovated rooms, excellent service. Perfect for romantic getaways. Practically runs itself with trained staff, webcams, remote computer access, marketing/ advertising in place and established lead generation. Perfect for owner operator or absentee owner.
 
 
Deed Restrictions:Unknown
License Info:# of Transient Licns: 6
Association Info:Mandatory Home Owners Asc: No; 1st Right of Refusal: No
Type:Hotel/Motel
Waterfront:None
Waterview:No Waterview
Dockage:None
Vehicle Storage:Car(s): 2
Utilities:FKAA; Municipal Sewer
 
Appliances:Dryer; Washer
Construction:Frame
Electric:Circuit Breakers
Roof:Metal Roof
Land Size:Less Than 1/4 Acre
Fee Includes:None
Title:Title Ins - Buyer
Property Rights:Transient License
Financial Status:Bank Owned: No; Potential Short Sale: No
Days On Market1Bank OwnedNoPotential Short SaleNo
 
 
Provided as a courtesy of
Gary J McAdams
Barbara A. Anderson Realty
1141 Candlebark Drive
Jacksonville, FL 32225
Mobile - (305) 731-0501
Direct - (888) 883-8509
garrettmcadams@gmail.com
http://www.realtorgary.com
Additional PhotosListing # 608380

Information is deemed to be reliable, but is not guaranteed. © 2024 MLS and FBS. Prepared by Gary J McAdams on Sunday, January 28, 2024 7:57 AM. The information on this sheet has been made available by the MLS and may not be the listing of the provider.

Please call me at 305-731-0501 or email me at garymcadams@realtorgary.com if you would like to see one of these great properties or any or the other the hundreds of other properties available in Key West and the Florida Keys. You can always view the entire Florida Keys MLS by clicking the "MLS Search" button on my website. You too can live in the Florida Keys and I can help you make that happen.
 
Gary
 
Gary McAdams, PA
Realtor/Notary Public
eXp Realty
Key West, Florida 

Key West and Lower Florida Keys Real Estate Market Activity, 12/24/2024, Merry Christmas Eve

  Need a last minute Christmas Gift for someone or even for yourself? How about a home in The Florida Keys. That is a gift that will provide...