1004 Eaton Street, Key West, Florida. The Knowles House $3,395,000. Offered For Sale. A Classic Key West Bed and Breakfast.

Size: px

Start display at page:

Download "1004 Eaton Street, Key West, Florida. The Knowles House $3,395,000. Offered For Sale. A Classic Key West Bed and Breakfast."

Bridget Kelley
6 years ago
Views:

1 Offered For Sale The Knowles House A Classic Key West Bed and Breakfast $3,395,000 Prospectus Eaton Street, Key West, Florida 2 Blocks from the Key West Historic Seaport 5 Blocks from World Famous Duval Street

Loca on Old Town Key West Year Established

2438 Square Feet Frame Construc on Metal

Sundeck Lush Landscaping Parking for 2 Cars

Premises AA Rated 4 1/2 Star Trip Advisor

Caribbean Room The Country French Room The

2 The Tropical Room The Malibu Room The English Colonial Room Property at a Glance Loca on Old Town Key West Year Established Licensed Guest Rooms 12 Seat Restaurant 2014 Occupancy 91.34% 2014 ADR $ Taxes $17,731 Year Built 1865 (Main) Year Built 1997 (Addi on) Structure 2438 Square Feet Frame Construc on Metal Roof Wood & Tile Floors Wooden Windows Lot Size 4020 Square Feet Lot Dimension x 80 Heated Swimming Pool Hot Tub Roo op Sundeck Lush Landscaping Parking for 2 Cars Central A/C & Wall Units Laundry on Premises AA Rated 4 1/2 Star Trip Advisor The Paris Room The Italian Room The Caribbean Room The Country French Room The Country Co age Room Keith Bland Keith@DougMayberry.com The Commercial Team Doug Mayberry Real Estate 1075 Duval Street, Suite C23 Key West, FL Kent Ducote Kent@KentDucote.com

3 The Commercial Team: Keith Bland Kent Ducote Doug Mayberry The Knowles House A Classic Bed and Breakfast Historic Knowles House B&B was the ancestral home of Key West s prominent Knowles Family for over 100 years. It is a traditional Bed and Breakfast with a heated pool, Jacuzzi, and rooftop sundeck set amidst lush tropical gardens. Common guest areas include an elegantly furnished parlor and a covered outdoor living and breakfast area overlooking the pool. There is on site registration parking. Knowles House is a fully licensed 8 room bed and breakfast with a licensed 12 seat restaurant. A gourmet breakfast is served every morning and there is a beer and wine Happy Hour each afternoon. Each room is professionally designed in a different style with furnishing of the period from which the room is designed. The rooms include private refrigerators, a flat screen television and free Wi Fi. Knowles House boasts a strong repeat business with a 20 year history. Occupancy and average daily rates exceed Key West averages as reported in the Smith Travel Research report. Excellent professional management is in place making it possible for the owners to limit their day to day involvement to the extent that they want. The current owners travel abroad for a month or more at a time several times a year with full confidence experiencing consistent year over year growth. Eaton Street is a major entry point to the Historic District of Key West. Knowles House experiences good walk in and drive by traffic. The Key West Ferry is only two blocks away and is a significant source of guests. The current owners are in their 19 th year as innkeepers of the Knowles House and are looking forward to transitioning into retirement. Doug Mayberry Real Estate 1075 Duval Street, Suite C23 Key West, FL Office: Fax: Keith@DougMayberry.com

4 2/17/2015 keywestmls.rapmls.com/scripts/mgrqispi.dll Client Detail Report Listings as of 02/17/15 at 9:26am Active 02/09/15 Listing # Eaton St Key West, FL Listing Price: $3,395,000 County: Monroe Property Type Commercial - Sale Property Subtype Commercial RE Key/Island Key West Subdivision Old Town - Unlisted Aprx Sq Footage-FLA 2438 Seller Year Built 1865 Price/Sq Ft $1, Alt Key # Lot Sq Ft (approx) 4020 ((Tax Roll)) DOM/CDOM 8/ See Additional Pictures Directions South side of Eaton Street between Frances and Margaret Streets. Marketing Remark Historic Knowles House is an 8 room fully transient licensed B&B with a 12 seat restaurant in a high-visibility location in the heart of Old Town Key West. Steps away from the Historic Seaport. Professional management is in place with excellent financials. Listed at an 8.5% cap rate!, Knowles House is a rock solid investment opportunity. Over 20 years in business with strong repeat customers. 4 1/2 Star Trip Advisor rating and AA rated. It was the ancestral home of the prominent Knowles Family for over 100 years. This traditional B&B has a heated pool, jacuzzi, rooftop sundeck set amidst a lush, tropical garden. Each of the rooms is ensuite and professionally decorated. Full gourmet breakfast served and a beer and wine Happy Hour daily. Limited Represent. No As is w/right to Ins Yes Mile Marker 1.0 Area Area 1-2 Neighborhood Old Town-N of Truman Side None HOA No Condo No Building Number 0 Add. Building Number 0 ZONING HMDR Deed Restriction Unknown Taxes(Sub To Change) $ Tax Year 2014 Lot Dimensions x 80 # City Transient Lic 8 Transient Rental Lic Yes Non-Trans Rental Lic No Business Name Knowles House Convey Name Yes Year Established 1994 # Sewer Accounts 1 # Water Meters 1 # Electric Meters 1 # Parking Spaces 2 # Stories 2 Total # Buildings 1 Total Units 8 Gross Ann Exp $ NOI $ Type Hotel/Motel, Guest Houses/B&B Waterview Type None Dockage No Cooling/Heat Central A/C, Window/Wall Unit, Combination A/C, Ceiling Fan Utilities FKAA, Municipal Sewer Miscellaneous Lobby, Patio, Fencing, High Traffic Locat., High Visibility, Pool, Laundry Room Construction Frame Windows/Doors Wood Windows Floor Tile, Wood Roof Metal Show 24 Hour Notice, Call Listing Agent, List Property Rights Transient License Agent Accomp, No Sign on Property, Tenant Occupied Car Storage Two Car FF&E Owned Landlord Featured properties may not be listed by the office/agent presenting this brochure. Information has not been verified, is not guaranteed, and is subject to change. Copyright 2015 Rapattoni Corporation. All rights reserved. U.S. Patent 6,910, /1

100 Providence Cir, Collegeville, PA Residential Rentals Active No S $3,500

100 Providence Cir, Collegeville, PA 19426 Residential Rentals Active No S $3,500 MLS #: 7176181 Beds: 4 Tax ID #: 61-00-00325-009 Baths: 3 / 1 County: Montgomery, PA Approx Interior SQFT: 3,305 / Assessor