415 Bahama Street, Key West, FL 33040

$5,799,000
10
BD
8
BA
3,672
SqFt
List Price
$5,799,000
MLS#
608521
Status
ACTIVE
Price Change
▼ $401,000 1712890491
Days on Market
141
Year Built
1933
Style
Multi-Units
Bedrooms
10
Bathrooms
8
Acres
0.14
Living Area
3,672
Region
Key West
Neighborhood
Old Town-S Of Truman
Subdivision
Old Town - Unlisted (1.0)

Property Description

The Key West Bahama house is a unique property, even for Key West. Located above flood plain at 18 feet in Old Town Key West, it was one of the early structures built during the Civil War in 1860's. It has been remodeled and updated continuously through its history, with the last owner's major changes; adding a sitting/swimming pool, deck and gazebo. Centrally located to all Key West activities, It has been compared to a 10 bedroom house. Having attached four separate transient licenses income grossed to date for 2023 is $618K. A visitor is as comfortable going to Downtown night-life as to the Sunset Pier or local Beach from the Key West Bahama House. Being a block from Fausto's is a common positive comment! Upstairs in the front is the Nassau Suite with 2 bedrooms 2 baths. Downstairs in the front is Paradise Island Suite with 2 bedrooms 1 Bathroom. Bimini Suite is downstairs in the back with 3 bedrooms 3 baths. Upstairs in the back is the Grand Bahama Suite with 3 bedrooms 2 baths. Each unit has a washer dryer in the unit. There is also a separate storage with laundry room. There is off street parking for 3 cars in driveway

Additional Information

Hoa Includes
None
Taxes
$16,384
Transient Rental License
Yes
Lot Size
5,962
Mile Marker
1
Roof
Metal Roof, Shingle Roof
Interior Features
Dade County Pine, Storage
Utilities
Buyer to Verify, Elect Separate Meter, Municipal Sewer, FKAA
Floors
Combo, Wood, Tile, Laminate
Appliances
Dishwasher, Washer, Refrigerator, Range, Oven, Microwave, Dryer
Pool Desc
Concrete, In Ground
Waterfront Desc
None
Waterview Desc
No Waterview
Construction
Frame
Cooling
Ceiling Fans(s), Wall/Window Unit(s), Central Air

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Key West Vacation Properties & Realty, Llc (Kw).