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40 W Kyle Way

Marathon, FL 33050
  • $2,995,000
  • STATUS: Active Under Contract
  • ON SITE: 21 Days
  • MLS #: 598989
Under Contract
$2,995,000
  • 11
    BEDS
  • 0.46
    ACRES
  • 11
    BATHS
  • 1
    1/2 BATHS
  • 6,248
    SQFT
  • $479
    $/SQFT
Type:
Commercial
Built:
1968
County:

School Ratings & Info

Description

Iconic Knights Key Inn! Knights Key Inn location is best described as unique with ocean views and views of the famous 7 Mile Bridge. The Old Seven Mile Bridge open in Jn, 2022 for walking and biking! This business is completely turnkey and impeccably maintained for the new owner. Industrial washer and dryer installed recently. A short walk from Knights Key Inn to the 7 Mile Bridge to take Sunset pictures. There are 10 transient licenses. The property appraised for $3,460,000 in 2018. There is an apartment on site for the manager/owner. An office space could produce additional income or made into another rental unit. Centered in the Middle Keys and it's short walk to the Sunset Grille for dining.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Brenda Donnelly Group | Berkshire Hathaway HomeServices | Knight & Gardner Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.islandhomeskeywest.com/homes/124375145
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40 W Kyle Way Marathon, FL 33050

  • Price: $2,995,000
  • Status: Active Under Contract
  • On Site: 21 Days
  • MLS #: 598989
11
Beds
11
Baths
1
½ Baths
0.46
Acres
6,248
SQFT
$479
$/SQFT
1968
Built
Neighborhood:
Knights Key Village (47.0)
County:
Monroe
Area:
13 - 7 Mile Bridge To Sombrero Bch Rd E & W
Property Description
Iconic Knights Key Inn! Knights Key Inn location is best described as unique with ocean views and views of the famous 7 Mile Bridge. The Old Seven Mile Bridge open in Jn, 2022 for walking and biking! This business is completely turnkey and impeccably maintained for the new owner. Industrial washer and dryer installed recently. A short walk from Knights Key Inn to the 7 Mile Bridge to take Sunset pictures. There are 10 transient licenses. The property appraised for $3,460,000 in 2018. There is an apartment on site for the manager/owner. An office space could produce additional income or made into another rental unit. Centered in the Middle Keys and it's short walk to the Sunset Grille for dining.
Exterior Features

Construction Cbs Dockage None Land Size 1/4 - 1/2 Acre Lot Size 190Ft. By. 115Ft Miscellaneous Open Water ViewPool Roof Metal Roof Side Ocean Style Commercial Vehicle Storage Off Street ParkingTrailer Storage Waterfront None Waterfront YN No Waterview Ocean View

Interior Features

Appliances RangeRefrigerator Cooling Heating Ceiling FansWindow/Wall Unit Floor LaminateTile Floor Interior Features Drapes/Blinds InclFurnishedLaundry RoomWindow Treatments Kitchens 11 Net Leasable Area 6248.00 Range Ovens 10 Refrigerators 11 Windows Doors Aluminum Windows

Property Features

Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No Business Name Knights Key Inn City Marathon Commercial Type Hotel/Motel Control Depth 0 Deed Restrictions Unknown Fee Includes None Fema List No Flood Zone Ae Listing Board Marathon/Lower Keys Mile Marker 47.00 Off Shore Island No Potential Short Sale No Potential Short Sale Financial Status No Property Rights Transient License Property Type Commercial Recorded Plat Yes Sq Ft Source Property Data Card Tax Year 2021 Taxes 16320.76 Terms Buyer Obtain FinanceNot Assumable Title Title Ins - Buyer Total Units 0.00 Utilities FkaaMunicipal Sewer Zoning Rm - Residential Medium

Listing courtesy of Wanda Brock, P.A. of Coldwell Banker Schmitt Real Estate Co..


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Brenda Donnelly Group | Berkshire Hathaway HomeServices | Knight & Gardner Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Brenda Donnelly Group | Berkshire Hathaway HomeServices | Knight & Gardner Realty
336 Duval Street
Key West FL, 33040