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NYAH 823 Fleming St

35 Room Hotel Key West, FL 33040 $21,150,000 ($604,286/Room)

Executive Summary

Located on the northside of Old Town only two blocks from the historic Key West Port, NYAH is walking distance from the main strip of bars and restaurants on Duval and proximate to historical landmarks such as the Southernmost Point, Ernest Hemingway Home, Key West Butterfly Conservatory, and Mallory Square. The Property is designed for hosting group travelers offering both private and shared guestrooms. Private Rooms can accommodate groups of up to six people and each guest is provided their own bed, locker, and set of towels. Guestroom amenities include en-suite bathrooms, private lockers, and personal charging docks. Home to three outdoor pools, NYAH is in possession of a bar license and serves drinks from the front desk. NYAH also features an office space which can be converted into a 3-bedroom transient unit. As the Property holds 36 transient licenses, no additional ROGO is needed.

Property Facts

Price $21,150,000
Price Per Room $604,286
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.63 AC
Building Size 14,161 SF
No. Rooms 35
No. Stories 2
Year Built 1892
Corridor Exterior

Amenities

  • Balcony
  • Pool
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Public Access Wifi
  • Hot Tub

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 1 $564.00 -
Guest Room 34 $309.00 -
Walk Score ®
Walker's Paradise (95)
Bike Score ®
Biker's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00005700-000000
Land Assessment
$8,827,056
Improvements Assessment
$2,262,607
Total Assessment
$11,089,663

zoning

Zoning Code HNC-2
HNC-2
  • Listing ID: 33011452

  • Date on Market: 8/30/2024

  • Last Updated:

  • Address: 823 Fleming St, Key West, FL 33040

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