719 South Street, Key West, FL 33040

$3,200,000
6
BD
5
BA
2,430
SqFt
List Price
$3,200,000
MLS#
604696
Status
ACTIVE
Price Change
▼ $300,000 1688149351
Days on Market
185
Year Built
1958
Style
Misc Prop Rights
Bedrooms
6
Bathrooms
5
Living Area
2,430
Region
Key West
Neighborhood
Casa Marina
Subdivision
Old Town - Unlisted (1.0)

Property 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.

Additional Information

Taxes
$10,634
Lot Size
6,000
Lot Dimensions
50 X 120
Mile Marker
1
Utilities
Buyer to Verify, FKAA, Municipal Sewer, Separate Meters
Appliances
Range, Refrigerator
Waterfront Desc
None

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway Knight & Gardner.