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    40 W Kyle Way

    Marathon, FL 33050
    • $2,895,000
    • STATUS: Active
    • ON SITE: 126 days
    • MLS #: 593685
    Price Reduced
    $2,895,000
    • 10
      BEDS
    • 0.46
      ACRES
    • 12
      BATHS
    • 0
      1/2 BATHS
    • 6,248
      SQFT
    • $463
      $/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. This business is completely turnkey and impeccably maintained for the new owner. Industrial washer and dryer installed recently. Once the repairs are finished on the bridge it will be a short walk to access the bridge with the walk way under the end of the bridge without having to drive anywhere. There are 10 transient licenses included with 2 other spaces for 2 additional rooms. The property appraised for $3,460,000 in 2018. The 2 additional rooms could net the new owner over $36,000. An office space could include $1,300/month income. 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 Jimmy Lane Home Team | Century 21 Island Life are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
    www.jimmylane.com/homes/112511656
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    40 W Kyle Way Marathon, FL 33050

    • Price: $2,895,000
    • Status: Active
    • MLS #: 593685
    10
    Beds
    12
    Baths
    0
    ½ Baths
    0.46
    Acres
    6,248
    SQFT
    $463
    $/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. This business is completely turnkey and impeccably maintained for the new owner. Industrial washer and dryer installed recently. Once the repairs are finished on the bridge it will be a short walk to access the bridge with the walk way under the end of the bridge without having to drive anywhere. There are 10 transient licenses included with 2 other spaces for 2 additional rooms. The property appraised for $3,460,000 in 2018. The 2 additional rooms could net the new owner over $36,000. An office space could include $1,300/month income. 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 190X115 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 Tile Floor Interior Features Drapes/Blinds InclFurnishedLaundry RoomWindow Treatments Net Leasable Area 6248.00 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 Fee Includes None Fema List No Flood Zone Ae9 Listing Board Marathon/Lower Keys Mile Marker 47.00 Off Shore Island No Potential Short Sale No Potential Short Sale Financial Status No Property Type Commercial Recorded Plat Yes Sq Ft Source Property Data Card Tax Year 2019 Taxes 16142.02 Terms Buyer Obtain Finance 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 Jimmy Lane Home Team | Century 21 Island Life are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
     
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    Jimmy Lane Home Team | Century 21 Island Life
    211 Simonton Street
    Key West FL, 33040