302 Angela Street $6,720,000

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    302 Angela Street Key West, FL 33040

    • 4,497 sq. ft.
    • Commercial
    • MLS# 591109
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    Views: 10 Days On Site: 140

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    Property Details

    Priced to Sell! Great Occupancy/Revenue. Cap Rate is 7.7% at Listing Price. The Angelina in Key West has 16 guest rooms with 16 transient licenses. A great location in Old Town just two blocks from Duval Street and one block to the new Truman Waterfront. Easy walking distance to most of Key West's most popular restaurants and attractions. It's a turn-key property with two guest buildings and a utility building with lots of storage, a rare find in Key West. This property is meticulously maintained and has recently been painted inside and out. The spacious lagoon pool with waterfall is the showpiece of the property, a great place for guests to relax and enjoy the beautiful surroundings. The Angelina enjoys a robust and loyal repeat clientele list and has a history of increasing revenue.

    • General Features
      • Land Size Less Than 1/4 Acre
      • Building Square Footage 4,497
      • For Sale or Lease For Sale
      • Type Hotel/Motel
      • Style Commercial
      • As Is Right to Inspect Yes
      • Fee Includes None
      • KW Neighborhood Old Town-N of Truman
      • Subdivision Old Town - Unrecord (1.0)
      • Key Island Key West
      • Miscellaneous Lobby, Pool, Security System, Utility Building
      • Off Shore Island No
      • Potential Short Sale No
      • Bank Owned No
      • Property Rights Multi-Use/Commercial, Transient License
      • Taxes $27,014
      • Tax Year 2019
      • Deed Restrictions No
    • Building Features
      • Interior Features Drapes/Blinds Incl, Laundry Room, Smoke Alarms, Window Treatments
      • Appliances Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
      • Cooling/Heating Ceiling Fans, Window/Wall Unit
      • Construction Frame
      • Flooring Combo
      • Roof Metal Roof
      • Stories 2.0
    • Property Features
      • Dockage None
      • Garage/Parking Off Street Parking
      • Side Median
      • Water View No Waterview
      • Waterfront Property No
      • Waterfront Type None
      • Utilities FKAA, Generator, Municipal Sewer, Propane Gas
      • Electric Circuit Breakers
      • Zoning HMDR - Historic Medium Density Residential

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    Neighborhood

    33040 (Key West) Demographics

    41 Median Age
    1,911 Population Density (per sq. mile)
    39% College Educated
    $58,351 Estimated Median Income
    5,548 Estimated Total Home Owners
    7,072 Estimated Total Renters
    44% / 56% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    35,357 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $675,000 Median Sales Price
    59 Homes Sold
    79 New On Market

    Average Days on Site

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $6,720,000
        6/3/2020 4:24:00 PM New in Database Source New Value: $6,720,000

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        Listing information is provided in part by the Internet Data Exchange (IDX) program of the Florida Keys Board of REALTORS®, Inc. The information on this website 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. All information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright 2020 Florida Keys Board of REALTORS®, Inc. All rights reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.