$6,720,000

302 Angela Street

Key West FL, 33040

Description

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.

Details

MLS#591109
Listing TypeFor Sale
StyleHospitality
Sub-TypeResale
StatusActive
Year1903
Days On Site180

Features

SQ Feet4,497
Story(s)2
Units16
ZoningHMDR - Historic Medium Density R

Market Activity 33040

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Area Information
StateFL
CountyMonroe
CityKey West
Zip Code33040
AreaKey West
SubareaOld Town-N of Truman
Listing VS Median (in 33040)
Price:
$6,720,000
low | high
Med:
$695,000
100% of Average
SqFt:
4,497
low | high
Med:
1,099
100% of Average
$ / SqFt:
$1,494
low | high
Med:
$632
100% of Average
On Site:
180
low | high
Med:
44
100% of Average
Listing Updated: November 29, 2020 8:09:19 PM PST
David Zensinger LogoMLS Number: 591109
Listing Provided By:
David Zensinger  of  Premier South Properties