1116 Grinnell St | Key West, FL 33040
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1116 Grinnell St
Key West, FL 33040
THE GRAND GUESTHOUSE KEY WEST · Hospitality Property For Sale · 3,384 SF
Investment Highlights
- Perfectly located in the heart of Old Town Key West in a quiet residential neighborhood within walking distance of all the action.
- Each room features wall mounted PTAC A/C's, USB ports, refrigerators, ceiling fans and en suite bathrooms.
- Irreplaceable historic property, fully licensed with 10 hotel rooms/suites, plus one 2-bdrm apt apartment vacation rental.
- Immaculately clean inside and out, the property is a true home away from home with knowledge of the best of all the local scene.
- Immediate Value Adds in addition to the list price at an 8.11% cap rate
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Bed and Breakfast | Year Built/Renovated | 1938/1993 |
| Building Class | B | Parking Ratio | 1.77/1,000 SF |
| Lot Size | 0.11 AC | Corridor | Exterior |
| Building Size | 3,384 SF |
| Property Type | Hospitality |
| Property Subtype | Bed and Breakfast |
| Building Class | B |
| Lot Size | 0.11 AC |
| Building Size | 3,384 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1938/1993 |
| Parking Ratio | 1.77/1,000 SF |
| Corridor | Exterior |
Amenities
- High Speed Internet Access
- Patio
- Bed & Breakfast
- Public Access Wifi
- Smoke-Free
- Multi-Room Suites
PROPERTY TAXES
| Parcel Number | 00031600-000000 | Improvements Assessment | $1,180,607 |
| Land Assessment | $1,770,911 | Total Assessment | $2,951,518 |
PROPERTY TAXES
Parcel Number
00031600-000000
Land Assessment
$1,770,911
Improvements Assessment
$1,180,607
Total Assessment
$2,951,518
zoning
| Zoning Code | HMDR (Historical Medium Density Residential) |
| HMDR (Historical Medium Density Residential) |
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