311 Elizabeth Street - Key West - $3,950,000

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Property ID : 575432

For Sale $3,950,000 - Old Town, Residential
4991 Sq. Ft. (Lot Size) 8 Bedrooms 5 Bathrooms Print

Abundance in Old Town! This grand 8Bd, 5Ba historic home w/ guesthouse underwent a full renovation in 2015 to create a uniquely designed floor plan offering endless possibilities. This luxury Old Town compound provides a unique investment opportunity with 2 transient & 1 non-transient rental license currently being managed as a full time vacation rental business with over $150,000.00 of bookings to convey and growing each day. Main house expands to 3 stories each with full kitchens and living rooms and can be locked out by floor with one central staircase for total privacy or opened up completely for a large but intimate crowd. Find luxury at each level w/stainless appliances, designer décor & furnishings, large windows, French doors & two sets of washers & dryers. Expansive covered porches border the front & back of the home providing incredible views of historic Old Town and lush topical landscaping surrounding the heated pool. The detached guest cottage offers an additional private space also with a full kitchen, living room, 1 bedroom, spacious loft and covered porch overlooking the pool area. No details were spared in this luxury renovation boasting a unique combination of income potential coupled with the ability to host an abundance of guests in self-sustaining private accommodations. An irresistible endeavor!

Additional Details

  • Built: 1953
  • Sq. Footage: 3973

Contact Truman & Co

Whether you are buying or selling, contact us for help in the process. Office: 305-292-2244

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