$3,100,000
311 Elizabeth Street
Key West, FL 33040
MLS# 587921
Status: Closed
9 beds  |  5 baths  |  3973 sqft
Welcome to 311 Elizabeth Street! Off-street parking space shown
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Welcome to 311 Elizabeth Street! Off-street parking space shown Large covered front porch 1st floor living room with sleeper sofa Dining table seats 4-6 1st floor living space overlooks the pool 1st floor kitchen Hall separates living area from sleeping areas 1st floor queen bedroom 311Eliz-09 1st floor bath with walk-in glass shower and claw tub for queen and twin rooms 311Eliz-11 1st floor twin room with beds that convert to a king 311Eliz-13 1st floor queen suite accessible from twin room or exteriorly off the kitchen's French doors 311Eliz-37 311Eliz-38 Queen suite full bath with shower/tub combo View outside of queen suite. Double washer/ dryer sets just behind near storage shed Front entrance shows lock out options and leads to 2nd and 3rd floors 2nd floor living room with sleeper sofa Dining table seats 4-6 2nd floor kitchen off rear covered porch Covered front porch 2nd floor queen bedroom 2nd floor twin bedroom 2nd floor full bath has walk-in glass shower 2nd floor bunk room with trundle 2nd floor covered rear porch with dining space 3rd floor living room with sleeper sofa 3rd floor living room 3rd floor full kitchen 3rd floor full bath with shower/ tub combo 3rd floor bedroom with twin and double beds 2nd floor balcony stairs to outside of 1st floor queen suite Private, heated lap pool Guest house overlooking pool Guest house great room Guest house great room Guest house kitchen and dining area Guest house queen bedroom Guest house full bath with walk-in shower Guest house loft with twin bed Arial view of guest house from the loft View of pool from guest cottage covered porch Pool Dimensions: 25' x 8' Pool exit leads to off-street parking space

Property Description
Abundance in Old Town! This grand 9Bd, 5Ba historic home w/ guesthouse and pool underwent a full renovation in 2015 to create a uniquely designed floor plan offering endless possibilities. This luxury Old Town compound provides a unique investment opportunity with 2 transient & 1 non-transient rental license currently being professionally managed as a full time vacation rental business with over $375,000 of income annually. Offered turnkey furnished and in pristine condition, not a beat will be missed making this business opportunity and luxury real estate investment your own piece of Old Town Key West.

Details
Maps
Contract Information
Current Price: $3,100,000
Listing Date: 2019-10-23
Listing Board: Key West Association
Leased Price Monthly: $3,100,000
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Location, Tax & Legal
Street #: 311
Street Name: Elizabeth
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Old Town - Unrecord (1.0)
Area: 01 - Key West
General Property Description
Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: No
Pool: Yes
Year Built: 1953
Lot SqFt: 4991
Acres: 0.11
Living Apx SqFt: 3973
SqFt Source: Builder/Architect
Total Bedrooms: 9
Full Baths: 5
Total Baths: 5
Rentals Allowed: Yes
Min Rental Days: 1
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
Transient Rntl Licns: Yes
Specialty Rooms
Guest/Servant Qtrs: Legal
Building Style
Above Flood: Yes
# Stories: 3 Stories
Pool Info
Heated: Yes
Dimensions: 25' x 8'
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Under Contract Date: 2020-10-06
Leased Date: 2021-01-28
Leased Price Monthly: $3,100,000
Status: Closed
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: None
Waterview: No Waterview
Dockage: None
Vehicle Storage: Off Street Parking
Furnished: Furnished
Cooling: Ceiling Fans(s); Ductless; Heat
Utilities: Cable Available; FKAA; Municipal Sewer
Interior Features: Built-in Cabinets; Cathedral Ceilings; Drapes/Blinds Incl; Fire Sprinkler; Quartz Countertops; Smoke Alarms; Storage; Window Treatments
Pre-Wired: Cable
Appliances: Dishwasher; Disposal; Dryer; Freezer; Gas Appliances; Ice Machine; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features: Detached Guest Qtrs; Fencing; Lighting; Outdoor Shower; Privacy Wall/Fence; Rain Gutters; Shed; Storage
Pool Info: In Ground; Lap; Concrete; Decked
Construction: Frame
Floor: Tile; Wood
Roof: Metal Roof
Pets: Pets Allowed
Land Size: Less Than 1/4 Acre
Listing Office: Truman & Co. (KW)

Last Updated: August - 26 - 2024

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