$9,250,000
521 United Street
Key West, FL 33040
MLS# 117239
Status: Closed



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Property Description
Pearl's Key West is the largest guesthouse resort in Key West. This multi-award winning renovated historic resort is complete with 38 transient-licensed rooms/suites, 2 commercial pools, 2 outdoor hot tubs and extensive decking in a lush tropical setting. The Guesthouse also has a commercial kitchen and a licensed bar serving guests and non-guests delicious meals and cocktails. The Patio is one of the few tropical bars located inside a guesthouse resort with outdoor seating. The full liquor license is a rarity among guesthouses in Key West. 5 separate buildings, many with historic Dade County Pine. Off-street parking for 4 cars, room for scooters and bicycles.

Details
Maps
Contract Information
Current Price: $9,250,000
Listing Date: 2012-11-15
Listing Board: Key West Association
Leased Price Monthly: $9,250,000
Limited Representation: No
As is Rght to Inspct: Yes
For Sale/Lease: For Sale
Potential Short Sale: No
Bank Owned: No
Location, Tax & Legal
Street #: 521
Street Name: United
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: Old Town - Unrecord (1.0)
Area: 01 - Key West
General Property Description
Realtor.COM Type: Commercial
Style: Commercial
Lot SqFt: 21625
Waterfront: No
Business Name: Pearl's Key West
Building SqFt: 12183
Year Built: 1928
Association Info
Mandatory Home Owners Asc: No
License Info
# of Transient Licns: 3
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Under Contract Date: 2013-10-17
Leased Date: 2013-11-11
Leased Price Monthly: $9,250,000
Status: Closed
Property Features
Deed Restrictions: Unknown
License Info: Other/See Remarks
Type: Hotel/Motel; Other Comrcl Style; Restaurant; Other Services
Dockage: None
Cooling: Central Air; Heat Pump
Utilities: FKAA; Municipal Sewer
Interior Features: Laundry Room
Miscellaneous: High Visibility; Hot Tub; Lobby; Manager on Premises; Patio; Pool; Spa
Construction: Combo Construction
Land Size: 1/4 - 1/2 Acre
Property Rights: Beverage License

Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Updated: September - 09 - 2024

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