611 - 615 Whitehead Street

    Key West, FL 33040
    • $5,600,000
    • STATUS: Active
    • ON SITE: 262 days
    • MLS #: 576834
    UPDATED: 58 min ago
    $5,600,000
    • 16
      BEDS
    • 0.17
      ACRES
    • 16
      BATHS
    • 1
      1/2 BATHS
    • 4,604
      SQFT
    • $1,216
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1920
    County:

    School Ratings & Info

    Description

    The Coco Plum Inn is a charming Old Town guest house comprised of two historic buildings in a prime location with 14 fully licensed rooms plus a non-transient license (28 day rental min.) that could be used as a vacation rental. The current configuration is 2 apts., one used by an employee and the other by the owner. Lushly landscaped grounds, large swimming pool, courtyard and parking. Includes 14 transient licenses, 1 non-transient license, & a 12 seat restaurant license. An incredible business opportunity with enormous upside potential in occupancy rate to achieve the 85% STR average for Key West. The best possible location in the heart of Old Town Key West's commercial district, one block west of world famous Duval Street.

    Monthly Payment Calculator



    The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys Board of Realtors, Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Doug Mayberry Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
    www.dougmayberry.com/homes/76357456

    611 - 615 Whitehead Street Key West, FL 33040

    • Price: $5,600,000
    • Status: Active
    • Updated: 58 min ago
    • MLS #: 576834
    16
    Beds
    16
    Baths
    1
    ½ Baths
    0.17
    Acres
    4,604
    SQFT
    $1,216
    $/SQFT
    1920
    Built
    Neighborhood:
    Old Town-N Of Truman
    County:
    Monroe
    Area:
    01 - Key West
    Property Description
    The Coco Plum Inn is a charming Old Town guest house comprised of two historic buildings in a prime location with 14 fully licensed rooms plus a non-transient license (28 day rental min.) that could be used as a vacation rental. The current configuration is 2 apts., one used by an employee and the other by the owner. Lushly landscaped grounds, large swimming pool, courtyard and parking. Includes 14 transient licenses, 1 non-transient license, & a 12 seat restaurant license. An incredible business opportunity with enormous upside potential in occupancy rate to achieve the 85% STR average for Key West. The best possible location in the heart of Old Town Key West's commercial district, one block west of world famous Duval Street.
    Exterior Features

    Construction Frame Dockage None Land Size More Than 1 Lot Lot Size 84.8 X 85 Miscellaneous FencingHigh Traffc LocationManager On PremisesPatioPoolResidence On PremiseStorage Off Street Parking Yes Parking Spaces 2 Roof Metal Roof Side N/A Style Commercial Vehicle Storage Cars 2 Waterfront None Waterfront YN No Waterview No Waterview

    Interior Features

    Appliances DishwasherDryerRangeRefrigeratorWasher Cooling Heating Ceiling FansWindow/Wall Unit Floor Tile FloorWood Floor Interior Features Drapes/Blinds InclFurnishedLaundry RoomSmoke Alarms Net Leasable Area 4604.00 Windows Doors French DoorsSingle Hung WindowsWood Windows

    Property Features

    Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No Business Name Coco Plum Inn City Key West Commercial Type Hotel/Motel Control Depth 0 Electric Circuit Breakers Fee Includes None Flood Zone X Key West Neighborhood Old Town-N Of Truman License Info Non Trans Rntl Lic Listing Board Key West Association Mile Marker 1.00 Potential Short Sale No Potential Short Sale Financial Status No Property Rights Transient License Property Type Commercial Sq Ft Source Tax Records Tax Year 2016 Taxes 22410.00 Total Units 15.00 Utilities FkaaMunicipal SewerSeparate Meters Year Established 1989-12-31 Zoning Hro - Historic Residential/Office

    Listing courtesy of Keith Bland of Truman & Co. (Kw).


    The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys Board of Realtors, Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Doug Mayberry Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
     
    Doug Mayberry Real Estate
    1075 Duval Street, Suite C23
    Key West FL, 33040