718 South Street

Key West, FL 33040
  • $7,600,000
  • STATUS: Active
  • ON SITE: 129 days
  • MLS #: 588348
UPDATED: 2 min ago
$7,600,000
  • 21
    BEDS
  • 0.32
    ACRES
  • 21
    BATHS
  • 0
    1/2 BATHS
  • 7,300
    SQFT
  • $1,041
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1948
County:

School Ratings & Info

Description

The Seashell Motel & Hostel is located in the Casa Marina Area of Key West. This 21 bedroom property has 17 transient licenses and is a short walk from world famous Duval Street and the Southernmost Point. Located at the corner of South Street and William Street sit the four buildings totaling over 7,300 SF on a 13,744 SF lot. The lodging market has enjoyed a boom over the past decade in Key West in large part by local government marketing efforts and barriers to entry that are unprecedented in the State of Florida.

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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/101215168

718 South Street Key West, FL 33040

  • Price: $7,600,000
  • Status: Active
  • Updated: 2 min ago
  • MLS #: 588348
21
Beds
21
Baths
0
½ Baths
0.32
Acres
7,300
SQFT
$1,041
$/SQFT
1948
Built
Neighborhood:
Casa Marina
County:
Monroe
Area:
02 - Key West
Property Description
The Seashell Motel & Hostel is located in the Casa Marina Area of Key West. This 21 bedroom property has 17 transient licenses and is a short walk from world famous Duval Street and the Southernmost Point. Located at the corner of South Street and William Street sit the four buildings totaling over 7,300 SF on a 13,744 SF lot. The lodging market has enjoyed a boom over the past decade in Key West in large part by local government marketing efforts and barriers to entry that are unprecedented in the State of Florida.
Exterior Features

Construction CbsFrame Dockage None Land Size 1/4 - 1/2 Acre Miscellaneous Other MiscellaneousPatio Side N/A Style Commercial Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances DryerWasher Interior Features Laundry Room

Property Features

Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City Key West Commercial Type Hotel/MotelOther Services Control Depth 0 Fee Includes Other Flood Zone 0.2 PCT ANNUAL CHANC Key West Neighborhood Casa Marina License Info Other/See Remarks Listing Board Key West Association Mile Marker 1.00 Potential Short Sale No Potential Short Sale Financial Status No Property Rights Transient License Property Type Commercial Tax Year 2018 Taxes 33003.73 Total Units 21.00 Utilities FkaaMunicipal Sewer Zoning Hmdr - Historic Medium Density Residential

Listing courtesy of Team Gardner/Langley of Berkshire Hathaway Knight & Gardner Realty.


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.
 
Brenda Donnelly Group | Berkshire Hathaway HomeServices | Knight & Gardner Realty
336 Duval Street
Key West FL, 33040