NYAH 823 Fleming St 35 Room Hotel Key West, FL 33040 $19,550,000 ($558,571/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 | $19,550,000 |
| Price Per Room | $558,571 |
| 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 |
| Zoning | HNC-2 |
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 | - |
1 of 1
Walk Score®
Walker's Paradise (95)
Bike Score®
Biker's Paradise (100)
PROPERTY TAXES
| Parcel Number | 00005700-000000 | Improvements Assessment | $2,284,467 |
| Land Assessment | $8,827,056 | Total Assessment | $11,111,523 |
