718 South Street

    Key West, FL 33040
    • $7,600,000
    • STATUS: Active
    • ON SITE: 21 days
    • MLS #: 588348
    UPDATED: 55 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 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/101215168

    718 South Street Key West, FL 33040

    • Price: $7,600,000
    • Status: Active
    • Updated: 55 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 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.
     
    Jimmy Lane Home Team | Century 21 Island Life
    211 Simonton Street
    Key West FL, 33040