419 Amelia St - Hospitality FOR SALE


Key West, FL 33040
$13,500,000 USD
305-587-3407
419 Amelia St, Key West, FL for Sale
$13,500,000 USD
Hospitality - FOR SALE
1/65
null | 7.34% Cap Rate

419 Amelia St
Key West, FL 33040


HIGHLIGHTS

  • LOCATION - Located in the heart of Old Town Key West, just steps from world famous Duval Street. Walking distance to all the attractions.
  • CONDITION - All guest rooms have been tastefully updated and the property & grounds are in pristine condition.
  • OCCUPANCY - High occupancy rate. Offers multiple accommodations types (guest rooms & suites).
  • LIQUOR LICENSE - The special 5COP liquor license can be utilized to add an additional income stream.
  • PARKING LOT - Rare vacant/parking lot in Old Town Key West. Additional income stream.

OVERVIEW

**LISTING NOW INCLUDES 1108 Whitehead Street, a parking lot 1/2 block from Douglas House used for guest parking - a valuable & rare find in Old Town Key West (add an additional income stream). Douglas House property has 5 buildings with 15 guest rooms on 4 parcels/addresses PLUS parking lot 1/2 block away: 417 Amelia St – RE# 00028100-000000 419/421 Amelia St – RE# 00028080-000000 423 Amelia St – RE# 00028070-000000 418 Virginia St – RE# 00028060-000100 1108 Whitehead St (parking lot) - RE#00026170-000000 15 transient licenses Special historic 5COP liquor license *Parking lot offers 12 parking spots for guest use. As parking is limited in Old Town, offering parking for a daily fee at a premium would add an additional income stream.

FOR SALE DETAILS

PRICE

$13,500,000 USD

PRICE/SF

$1,773 USD /SF

# OF ROOMS

15

PRICE/ROOM

$900,000 {currency}

CAP RATE

7.34%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Guesthouse & Parking Lot

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1943

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,254 SF

ZONING

HMDR

APN/PARCEL ID

00028070-000000,00028080-000000

ASK ABOUT THIS PROPERTY

Terri SpottswoodTruman & Co.More Info
305-587-3407

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Terri SpottswoodTruman & Co.More Info
305-587-3407

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.