$7,600,000

718 South Street

Key West FL, 33040

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.

Details

MLS#588348
Listing TypeFor Sale
StyleHospitality
Sub-TypeResale
StatusActive
Year1948
Days On Site472

Features

SQ Feet7,300
Units21
ZoningHMDR - Historic Medium Density R

Market Activity 33040

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Area Information
StateFL
CountyMonroe
CityKey West
Zip Code33040
AreaKey West
SubareaCasa Marina
Listing VS Median (in 33040)
Price:
$7,600,000
low | high
Med:
$699,000
100% of Average
SqFt:
7,300
low | high
Med:
1,779
100% of Average
$ / SqFt:
$1,041
low | high
Med:
$393
100% of Average
On Site:
472
low | high
Med:
147
100% of Average
Sourced by Back At You
Listing Updated: March 7, 2021 8:10:03 PM PST
Team Gardner/Langley LogoMLS Number: 588348
Listing Provided By:
Team Gardner/Langley  of  Berkshire Hathaway Knight Gardner Realty
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys Board of Realtors.