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Commercial Off Market
325 Duval Street
Key West, Florida 33040
Monroe County Water View: YesCommunity: Old Town - Unlisted (1)
![map map](/img/map-icon.png)
$12,000,000
14 br, 12.0 bath
0 sq. ft.
0.000 acres
Possible Short term Owner Financing Considered - Lower Duval Street, 12 unit guesthouse complex offering over sized single rooms, suites & 2 bedroom units with kitchens with large heated pool. - - - Perfect location within the 2-4 block Entertainment District of Old Town inclusive of bars, restaurants, theaters, Mallory Square attractions and the cruise ship port. >>>> Huge 13,000 sq ft parcel buffered from traffic & street noise, with rooms being setback 40' from Duval. The 200' deep parcel provides a unique 100 foot separation between the front & rear, 3 & 2 story structures - offering guests considerably more privacy. *** Valuable 6 space, compact car guest parking situated between the two collective 7,000 sq.ft buildings. Casa 325 Suites offers a melding of a (7) unit, 100 year old 3 story, ship builders' construction - along with a more recently developed, 5 unit, 2 story structure offering larger rooms & vaulted ceilings. +++ All units have custom furniture built from reclaimed Dade County Pine. Large 2 bdrm ADA unit with kitchen. Prime Duval Street attractions booth included, situated at driveway entrance, currently leased out but should be operated by the Guesthouse operation itself.||||| Go to for full array of pictures, layout of units & rates. Excellent Trip Advisor Rating. There are also (13) electric meters & ( 7 ) water meters on site.** See 'Documents for Survey, Licenses & aerial with lot lines ** CASH FLOW - 2021 - $1.33 mil gross / NOI - $705,000. 89% Average Occupancy |2022 - $1.3 mil gross / NOI $600,000 - 88% Average Occupancy. $665,000 Advance Bookings as of 10/2023 - 12/2024The over sized rooms and property amenities will support higher rates than what is being charged. (7) out of the 12 units have kitchens
Interior:
- Bedrooms: 14
- Baths: 12.0
- Sq Ft: 0
- Year Built: 1933
- Utilities:
- Fireplaces:
- Stories: 2.0
- Heat/AC:
- Garage:
Exterior:
- Lot Size: 0.000 acre
- Lot Dimensions:
- View Types: Water
- Yard:
- Siding:
- Roof: Composition Shingle
- Property Taxes: $29,999
- MLS #: 598172
Contact Information:
![Beach Commercial Off Market in Key West, Florida](https://images.beachhouse.com/files/medium/981/720/gal_3yd-KWARFL-598172_0.jpg)
Ad Number: 2129728
Viewed 537 times.
Updated: Apr 11, 2023
This property is a Commercial located at 325 Duval Street, Key West, Florida 33040, and is currently Off Market at $12,000,000. This Commercial has 14 bedrooms, 12.0 baths, 0 sq ft.