EDEN HOUSE

1015 FLEMING STREET

KEY WEST, FL 33040


Availability: Closed

Price: $21,000,000

Address:
1015 Fleming Street

Key West, FL 33040

Number of Rooms: 39

Gross SF: 26,571

Year Built: 1924

INVESTMENT OVERVIEW

► Highly desirable market

► Property is directly off Fleming Street, 0.5 mile from Duval Street.

► 2021 Year-to-Date Revenue well in excess of 2019.

► Recently renovated property.

► Consistent multi-year revenue and NOI.

► Key West has recovered well from the pandemic.

► Investors are looking to Florida for investments, due to the business-friendly environment.

► Higher than average room count for Key West.

► Additional parking included.

► Stability and ease of operation related to the restaurant lease.

► Ancillary income from amenities.

► Located 0.3 mile from Key West Express.

► Located 0.8 mile from NAS Key West.

► Located 0.9 mile from Mallory Square.

► Located 1.3 miles from Southernmost Point in the Continental US.

► Located 3.3 miles from Key West International Airport.

INVESTMENT HIGHLIGHTS

  • 2021 Year-to-Date Revenue well in excess of 2019.
  • Recently renovated property.
  • Consistent multi-year revenue and NOI.

EXCLUSIVELY LISTED BY

ROBERT S. HUNTER

Robert.Hunter@MarcusMillichap.com

(954) 245-3473

LEO R. REILLY

Leo.Reilly@MarcusMillichap.com

(954) 245-3487