$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 Type | For Sale |
| Style | Hospitality |
| Sub-Type | Resale |
| Status | Active |
| Year | 1948 |
| Days On Site | 472 |
Features
| SQ Feet | 7,300 |
|---|---|
| Units | 21 |
| Zoning | HMDR - Historic Medium Density R |
Market Activity 33040
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| Area Information | |
|---|---|
| State | FL |
| County | Monroe |
| City | Key West |
| Zip Code | 33040 |
| Area | Key West |
| Subarea | Casa Marina |
| Listing VS Median (in 33040) | |
Price: $7,600,000 low | high Med: $699,000 SqFt: 7,300 low | high Med: 1,779 $ / SqFt: $1,041 low | high Med: $393 On Site: 472 low | high Med: 147 Sourced by Back At You | |
Listing Updated: March 7, 2021 8:10:03 PM PST
MLS Number: 588348Listing Provided By:
Team Gardner/Langley of Berkshire Hathaway Knight Gardner Realty