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$5,799,000
Key West, FL 33040
MLS# 608521
10 beds | 8 baths | 3672 sqft
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Property Description
The Key West Bahama house is a unique property, even for Key West. Located above flood plain at 18 feet in Old Town Key West, it was one of the early structures built during the Civil War in 1860's. It has been remodeled and updated continuously through its history, with the last owner's major changes; adding a sitting/swimming pool, deck and gazebo. Centrally located to all Key West activities, It has been compared to a 10 bedroom house. Having attached four separate transient licenses income grossed to date for 2023 is $618K. A visitor is as comfortable going to Downtown night-life as to the Sunset Pier or local Beach from the Key West Bahama House. Being a block from Fausto's is a common positive comment! Upstairs in the front is the Nassau Suite with 2 bedrooms 2 baths. Downstairs in the front is Paradise Island Suite with 2 bedrooms 1 Bathroom. Bimini Suite is downstairs in the back with 3 bedrooms 3 baths. Upstairs in the back is the Grand Bahama Suite with 3 bedrooms 2 baths. Each unit has a washer dryer in the unit. There is also a separate storage with laundry room. There is off street parking for 3 cars in driveway
Details
Maps
Contract Information
Current Price: $5,799,000
Listing Date: 2024-02-02
Listing Board: Key West Association
List Price: $5,799,000
Location, Tax & Legal
Street #: 415
Street Name: Bahama
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Old Town - Unlisted (1.0)
Mile Marker: 1
Area: 02 - Key West
KW Neighborhood: Old Town-S of Truman
Marathon Neighborhood: N/A
Side: Median
Flood Zone: X
Alternate Key #: 1006611
Zoning: HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
Deed Restrictions: Unknown
Taxes: 16384.4
Tax Year: 2023
Pub Sewer HkUp: Yes
General Property Description
Realtor.COM Type: Multi-family
Style: Multi-Units
Waterfront: No
Pool: Yes
Year Built: 1933
Total Units: 4
Lot SqFt: 5962
Lot Sqft Source: Property Data Card
Acres: 0.14
Living Apx SqFt: 3672
SqFt Source: Property Data Card
Total Bedrooms: 10
Full Baths: 8
Total Baths: 8
Rentals Allowed: Yes
Min Rental Days: 1
Remarks & Misc
Remarks – Consumer: The Key West Bahama house is a unique property, even for Key West. Located above flood plain at 18 feet in Old Town Key West, it was one of the early structures built during the Civil War in 1860's. It has been remodeled and updated continuously through its history, with the last owner's major changes; adding a sitting/swimming pool, deck and gazebo. Centrally located to all Key West activities, It has been compared to a 10 bedroom house. Having attached four separate transient licenses income grossed to date for 2023 is $618K. A visitor is as comfortable going to Downtown night-life as to the Sunset Pier or local Beach from the Key West Bahama House. Being a block from Fausto's is a common positive comment! Upstairs in the front is the Nassau Suite with 2 bedrooms 2 baths. Downstairs in the front is Paradise Island Suite with 2 bedrooms 1 Bathroom. Bimini Suite is downstairs in the back with 3 bedrooms 3 baths. Upstairs in the back is the Grand Bahama Suite with 3 bedrooms 2 baths. Each unit has a washer dryer in the unit. There is also a separate storage with laundry room. There is off street parking for 3 cars in driveway
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
# of City License: 4
# of County License: 4
Transient Rntl Licns: Yes
Building Style
Above Flood: Unknown
Stories: 2 Stories
Vehicle Storage
Car(s): 3
Pool Info
Other: salt system
Heated: Yes
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: None
Waterview: No Waterview
Dockage: None
Building Style: A-Frame
Vehicle Storage: Off Street Parking
Furnished: Furnished
Cooling: Ceiling Fans(s); Central Air; Wall/Window Unit(s)
Heating: Hot Water
Porch/Balcony: Open Porch/Balcony
Utilities: Buyer to Verify; Elect Separate Meter; FKAA; Municipal Sewer
Interior Features: Dade County Pine; Storage
Pre-Wired: Cable; Cat 5
Specialty Rooms: Laundry Room
Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Washer
Pool Info: In Ground; Concrete
Construction: Frame
Windows/Doors: Sash/Screen Window; Single Hung Windows
Floor: Combo; Laminate; Tile; Wood
Roof: Metal Roof; Shingle Roof
Pets: Other See Remarks
Land Size: Less Than 1/4 Acre
Title: Negotiable
Listing Office: Key West Vacation Properties & Realty, LLC (KW)
Last Updated: April - 15 - 2024
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