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- LoopNet Team
224-226 Petronia St
Key West, FL 33040
Caribbean House Key West · Hospitality Property For Sale
·
2,120 SF
Investment Highlights
- Fantastic Key West location, close to downtown attractions and entertainment complex.
- ADR is in the lower percentile for all rooms rates in Key West
- Four top restaurants within one block
Property Facts
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 1989 |
| Building Class | C | Parking Ratio | 1.88/1,000 SF |
| Lot Size | 0.07 AC | Corridor | Exterior |
| Building Size | 2,120 SF | ||
| Zoning | HMDR - Historic Medium Density Residential in the Petronia Street commercial corridor. | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 2,120 SF |
| No. Stories | 2 |
| Year Built | 1989 |
| Parking Ratio | 1.88/1,000 SF |
| Corridor | Exterior |
| Zoning | HMDR - Historic Medium Density Residential in the Petronia Street commercial corridor. |
Amenities
- Balcony
- High Speed Internet Access
- Bed & Breakfast
- Smoke-Free
About 224-226 PETRONIA ST , KEY WEST, FL 33040
Location, Location, Location! Caribbean House is located in Old Town's Bahama Village on trendy Petronia Street. It is equidistant to Mallory Square and The Southernmost Point landmark. This charming Turn-Key Guest House with 10 guest rooms, 10 TRANSIENT Licenses plus owner/manager apartment also has 4 off-street parking spaces. Excellent occupancy, ADR, gross revenue, strong financials. Upgraded and meticulously maintained. Two levels with walk around balconies, colorful breakfast area with bar. Restaurant and Beer and Wine license. High percentage of direct bookings, excellent data base and repeat business. Owner is a licensed Florida real estate agent.
Property Taxes
| Parcel Number | 00014410-000000 | Improvements Assessment | $1,249,711 |
| Land Assessment | $1,527,424 | Total Assessment | $2,777,135 |
Property Taxes
