819 Simonton St - Hospitality FOR SALE


Key West, FL 33040
$13,760,750 USD
305-394-9020
819 Simonton St, Key West, FL for Sale
$13,760,750 USD
Hospitality - FOR SALE
1/7
null | Request Cap Rate

819 Simonton St
Key West, FL 33040


OVERVIEW

The Paradise Inn, with its subtle luxury and Bahamian charm, is situated in the center of Old Town Key West only a short walk or bicycle ride from the shops at Mallory Square, Duval Street, The Ernest Hemingway Home, and The Key West Butterfly Conservatory. The Hotel features an upscale amenity base including spacious gardens filled with exotic flora, a fountain-fed pool, jacuzzi, complimentary breakfast, daily wine & cheese happy hour, and 24-hour coffee. Ownership also owns a two-story building next to Paradise, on 817 Simonton Street, where there is a fully renovated 2BR/1BA apartment, with private balcony, and washer and dryer on the second floor. On the first floor there is a commercial space that is currently leased out as a SPA. There are also six parking spaces at this Property.

FOR SALE DETAILS

PRICE

$13,760,750 USD

PRICE/SF

$1,335 USD /SF

# OF ROOMS

19

PRICE/ROOM

$724,250 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Paradise Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1995

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

HNC-1

APN/PARCEL ID

00016400-000000,00016410-000000

ASK ABOUT THIS PROPERTY

Will LangleyBerkshire Hathaway Knight & Gardner RealtyMore Info
305-394-9020

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Will LangleyBerkshire Hathaway Knight & Gardner RealtyMore Info
305-394-9020

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