Courtesy Of Engel & Volkers Fort Lauderdale Las Olas
The Blue Rose @ 120 West Scene Drive Pass Christian MS 39571The HISTORIC BLUE ROSE (1848): A national and international tourist attraction has been operating commercially since 1964 when it was opened as a premier restaurant by the original Marlboro man. This historic landmark has been deemed by Tulane University School of Architecture and many notable historians as the most significant remaining example of the West Indies style architecture and has been placed on the national historic list of significant landmarks. Located on a bluff 24 feet above sea level this majestic 9000 sq. ft. historic home overlooks the Pass Christian yacht harbor white sand beaches and the tranquil waters fronting the Gulf of Mexico.The city of Pass Christian going back to the early eighteen hundreds has been the playground of the super-rich and affluent mainly due to its close proximity to New Orleans and the historic French Quarter less than an hour s drive. Documented as one of the oldest remaining historic homes fronting the entire Gulf of Mexico the Blue Rose was constructed in 1848 by the Fitzpatrick family an importer/exporter. Used as their primary residence until 1964 and with the transition of ownership it was open commercially to the general public as a five star fine dining facility. The name recognition and loyalty base continues today.Current commercial use has been selectively limited by its present owner to wedding venues with destination weddings arriving from as far away as Russia Israel England and New York. Both the international and national name recognition have been well established. The on-going requests for additional public access and instilled advertising allure are an instilled asset deemed priceless.The Blue Rose was purchased by its current owner in 1990 who is now retiring at age 74. The second floor (approximately 3500 sq. ft.) has been used as the current owner s primary residence while the first floor (approximately 5500 sq. ft.) has served as commercial rental space. With the advent of hurricane Katrina in 2005 and after a two-year one and a half million dollar restoration the current owner has elected to limit the current commercial usage and public access only to wedding venues (approximately 20 to 30 hours per month). The current explosion of coastal amenities including the ever-expanding addition of new coastal casinos and new multi-million dollar yachting facilities makes this untapped potential an excellent investment opportunity.The current owners having no family heirs is offering this property to individuals investors or corporations who will carry on and possibly expand its well established legacy.The offering presented consists of seven parcels fronting or having direct access to the Gulf of Mexico and the 26 miles of pristine white sand beaches. Included in this real estate transfer are all the commercial equipment wedding accessories and furnishings. This is a turnkey operation and its expanded use as a limited restaurant and luxury boutique hotel are basically all in place and operational with minor adjustments to its present format.Property can also be easily used by a Developer wanting to fund the investment through with an EB-5 program. For more information and details about this possibility please contact Giancarlo Cuffia at the numbers mentioned below.For more information please call Giancarlo Cuffia at 954 593-8352
* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
The Other Residential located at 120 West Scenic Drive, Pass Christian, MS 39571 is currently for sale.
120 West Scenic Drive, Pass Christian is listed for $2,675,000.
This property has 4 bedrooms, 5 full bathrooms, 2 half bathrooms, and approximately 10,700 square feet.
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