$2,895,000

40 W Kyle Way

Marathon FL, 33050

Description

Iconic Knights Key Inn! Knights Key Inn location is best described as unique with ocean views and views of the famous 7 Mile Bridge. This business is completely turnkey and impeccably maintained for the new owner. Industrial washer and dryer installed recently. Once the repairs are finished on the bridge it will be a short walk to access the bridge with the walk way under the end of the bridge without having to drive anywhere. There are 10 transient licenses included with 2 other spaces for 2 additional rooms. The property appraised for $3,460,000 in 2018. The 2 additional rooms could net the new owner over $36,000. An office space could include $1,300/month income. Centered in the Middle Keys and it's short walk to the Sunset Grille for dining.

Details

MLS#593685
Listing TypeFor Sale
StyleHospitality
Sub-TypeResale
StatusActive
Year1968
Days On Site151

Features

SQ Feet6,248
ZoningRM - Residential Medium

Market Activity 33050

Loading Form
Loading Form
Area Information
StateFL
CountyMonroe
CityMarathon
Zip Code33050
AreaMiddle Keys
Listing VS Median (in 33050)
Price:
$2,895,000
low | high
Med:
$545,000
100% of Average
SqFt:
6,248
low | high
Med:
1,779
100% of Average
$ / SqFt:
$463
low | high
Med:
$306
83.883020190458% of Average
On Site:
151
low | high
Med:
28
100% of Average
Sourced by Back At You
Listing Updated: May 10, 2021 8:09:43 PM PDT
Listing Provided By: Wanda Brock, P.A. of Coldwell Banker Schmitt Real Estate Co.
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.