311 Elizabeth Street, Key West Florida - Old Town with Transient License

Just Listed by Preferred Properties Key West, that's where I work but this is not my listing, 311 Elizabeth Street, Key West. This historic old Grand Conch home is located at the foot of the Historic Key West Seaport and just two blocks from Duval Street. It has a very valuable Transient Rental License, a great pool, and off street parking.  The listing Realtor describes this property as:

"This is a grand historic home with double porches on a great block of Elizabeth Street in the heart of old town. The property has a spacious owner's apartment plus two transient guest house units, one in a separate poolside cottage. The classic architecture features Dade County pine, high ceilings and expansive rooms. The large owner's apartment is in the main house. The pool is surrounded by lush tropical foliage and decking. The entire property is fenced for privacy. The property includes a coveted off street parking space. The A+ location is close to the Land's End area shopping & marinas and Duval Street. Some TLC will make this jewel shine!"

 

I dug down into the old shoebox and found the black and white photo two above that was taken nearly fifty years ago.   The photo immediately above is very recent. Shutters, flags, and tropical vegetation give the old girl a bit more flair.  I checked the Sanborn Fire Maps and first found 311 Elizabeth Street specifically noted on the 1899 map.  When I recently stepped inside the house to take photos, I could tell this was indeed an old house. Although most of the downstairs was updated in the past twenty years, the dark Dade County Pine walls in the main floor living room and ceilings were a dead giveaway that this was a very old house indeed.

The property has three living spaces that are recognized by the City of Key West. They include (1) the main floor owners' unit, (2) second floor apartment with associated guest house licensed room, and (3) a guest cottage also with a guest house licensed room. There is an attached guest suite extension from the main floor owners unit that includes a living room, Pullman kitchen, bath, and bedroom. 

The detached guest cottage is as large as many of the smaller homes and condos in the Old Town area.  The great room has a tall vaulted ceiling with skylight and a bright and cheery kitchen. A steep stairway leads to a large second level sleeping loft which would accommodate two queen size beds.

The guest suite attached to the rear of the owners' main level living area is quite large. It includes a Pullman kitchen (two above), a living room, bath, and good sized bedroom.

CLICK HERE to view more photos I took of this property.

311 Elizabeth Street is offered at $1,695,000. It has a total of seven bedrooms, four baths, four kitchens that occupy 3124 square feet of space on the 5269 square foot lot.  CLICK HERE to view the Key West mls datasheet.  Please call me, Gary Thomas, 305-766-2642 to schedule a private showing.  I am a buyers agent and a full time Realtor at Preferred Properties Key West.