Hospitality

Key West, FL Hospitality Properties for Sale

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Stock Island, FL Sugarloaf Key, FL Cudjoe Key, FL
7 properties
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Historic Key West Boutique Inn
Updated: May 26
Historic Key West Boutique Inn

1117 Duval Street, Key West, FL 33040

$9,950,000
0.08 AC lot
Prime Duval Street location in Old Town Key West, steps from attractions and benefiting from high tourism demand.
7 licensed transient accommodations in a supply‑constrained lodging market.
Historic property with a unique Prohibition‑era legacy as a rum‑running hub, featuring a basement and distinctive architectural details.
Extensive recent renovations including new bathrooms, furnishings, paint, mini‑split A/C, and a new roof.
Turnkey boutique inn operation, blending historic character with modern amenities.
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Historic Inn in Key West
Updated: Sep 3, 2024
Historic Inn in Key West

521 United Street, Key West, FL 33040

$20,350,000
4,788 sqft 0.50 AC lot
38 Newly Renovated Rooms: Modern interiors with en‑suite bathrooms.
Lush Outdoor Common Area: Includes two pools and jacuzzi.
Historic Significance: Originally built in the 1800s as a Francisco Marrero cigar factory with restored features.
Award‑Winning Transformation: Combines old Key West designs with a modern establishment.
Convenient Amenities: Flat screen TVs and colonial wooden blinds in all guestrooms.
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Key West Hospitality Property
Key West Hospitality Property

823 Fleming Street, Key West, FL 33040

$19,550,000
4,166 sqft 0.63 AC lot

Hospitality property designed for group travelers near Key West Port.

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Renovated Boutique Hotel
Renovated Boutique Hotel

521 United Street, Key West, FL 33040

$20,350,000

Boutique hotel with 38 renovated rooms, en-suite baths, and resort-style outdoor common areas with pools and jacuzzi.

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Turnkey Eco-Tour & Rental Business
Turnkey Eco-Tour & Rental Business

Rat Key Street Gulf, Key West, FL 33040

$850,000

Premier eco-tour and luxury houseboat rental company for sale.

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Private Island Equestrian Estate
Private Island Equestrian Estate

7200 5th St, Key West, FL 33040

$6,499,000

Island setting with beach areas and current farm and camp operations accessible by a half-mile land bridge.

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Deeded RV Resort Lot with Full Hookups
Deeded RV Resort Lot with Full Hookups

Key West, FL 33040

$599,000

Level, deeded RV lot with full hookups including water, sewer, electricity, cable, and high-speed internet access.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 7 Active listings in Key West, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

200 Treasure Harbor Dr, Islamorada, FL, 33036-3136
200 Treasure Harbor Dr, Islamorada, FL, 33036-3136

200 Treasure Harbor Dr, Islamorada, FL 33036

$6,995,000
1,219 sqft 1.09 AC lot

Unique Marina and Resort with Deep Water Harbor and Amenities.

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Private Island Mixed-Use Development
Private Island Mixed-Use Development

62250 Overseas Highway, #11, Conch Key, FL 33050

$5,750,000
2,478 sqft 3.74 AC lot

Private island in the Florida Keys with MU zoning, deep-water access, concrete seawall, and transient licensed entitlements.

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Hotel/Motel,Marina,Mobile Home Park - Conch Key, FL
Hotel/Motel,Marina,Mobile Home Park - Conch Key, FL

62250 Overseas Hwy Little Conch Is, Conch Key, FL 33050

$5,750,000
826 sqft 1.98 AC lot

Rare Florida Keys island with entitlements and development flexibility.

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Oceanfront Petite Hotel
Oceanfront Petite Hotel

80051 Overseas, Islamorada, FL 33036

Contact for pricing

Nine-unit oceanfront hotel includes kitchenette suites, a separate 2-bedroom house, and amenities like a pool and hot tubs.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Waterfront Island Land Parcel
Waterfront Island Land Parcel

Key West, FL 33040

$495,000
38.00 AC lot

Offshore island zoned land in the Florida Keys, offering bay-side privacy for conservation or resort-style concepts.

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Land for Sale
Land for Sale

Key West, FL 33040

$1,175,000

Land available for purchase.

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RV Lot with Concrete Seawall
RV Lot with Concrete Seawall

551-701 Spanish Main Dr, Cudjoe Key, FL 33042

$430,000

RV lot in gated community with boating access.

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Waterfront Lot Ready to Build
Waterfront Lot Ready to Build

1021 27Th Street Ocean, Marathon, FL 33050

$679,000
0.09 AC lot

Premium waterfront lot with building rights and deep water dockage.

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Off-Market Properties in Key West, FL

Consider similar Off-Market properties in Key West, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1500 Alberta St
HOTEL/MOTEL

1500 Alberta St, Key West, FL 33040-4705

Value Estimation by Request
4,110 sqft 0.16 AC lot
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200 Sunset Ln
HOTEL/MOTEL

200 Sunset Ln, Key West, FL 33040-8312

Value Estimation by Request
0.61 AC lot
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200 Sunset Way
HOTEL/MOTEL

200 Sunset Way, Key West, FL 33040-8312

Value Estimation by Request
0.11 AC lot
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3675 Roosevelt Blvd
HOTEL/MOTEL

3675 Roosevelt Blvd, Key West, FL 33040-5254

Value Estimation by Request
7.10 AC lot
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200 Sunset Ln
HOTEL/MOTEL

200 Sunset Ln, Key West, FL 33040-8312

Value Estimation by Request
0.16 AC lot
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3625 Seaside Dr, Unit 25312
HOTEL/MOTEL

3625 Seaside Dr, Key West, FL 33040-5225

Unit 25312
Value Estimation by Request
798 sqft 2.31 AC lot
View details
1445 Roosevelt Blvd
HOTEL/MOTEL

1445 Roosevelt Blvd, Key West, FL 33040-4538

Value Estimation by Request
5.05 AC lot
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3625 Seaside Dr, Unit 25205
HOTEL/MOTEL

3625 Seaside Dr, Key West, FL 33040-5225

Unit 25205
Value Estimation by Request
798 sqft 2.31 AC lot
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910 Simonton St, Unit 6
HOTEL/MOTEL

910 Simonton St, Key West, FL 33040-7491

Unit 6
$980,000
Estimated value
528 sqft 0.12 AC lot
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3841 Roosevelt Blvd, Unit 115
HOTEL/MOTEL

3841 Roosevelt Blvd, Key West, FL 33040-4534

Unit 115
$1,330,000
Estimated value
1,357 sqft 7.63 AC lot
View details
617 Frnt St
HOTEL/MOTEL

617 Frnt St, Key West, FL 33040-6620

Value Estimation by Request
0.44 AC lot
View details
5051 Overseas Hwy
HOTEL/MOTEL

5051 Overseas Hwy, Key West, FL 33040-4320

Value Estimation by Request
0.35 AC lot
View details
3625 Seaside Dr, Unit 25106
HOTEL/MOTEL

3625 Seaside Dr, Key West, FL 33040-5225

Unit 25106
$800,000
Estimated value
798 sqft 2.31 AC lot
View details
329 William St
HOTEL/MOTEL

329 William St, Key West, FL 33040-6875

Value Estimation by Request
2,294 sqft 0.12 AC lot
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622 Fleming St
HOTEL/MOTEL

622 Fleming St, Key West, FL 33040-6826

Value Estimation by Request
1,950 sqft 0.37 AC lot
View details
615 Fleming St
HOTEL/MOTEL

615 Fleming St, Key West, FL 33040-6825

Value Estimation by Request
3,159 sqft 0.11 AC lot
View details
1016 Howe St, Unit 11
HOTEL/MOTEL

1016 Howe St, Key West, FL 33040-7555

Unit 11
Value Estimation by Request
115 sqft 0.14 AC lot
View details

Key West, FL Hospitality Properties Market Trends and Statistics

Explore 72 hospitality properties for sale in Key West, FL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 8,954 square feet of properties for sale, with an estimated market value of $39,900,000.

Sale prices for hospitality properties in Key West, FL start at $19,550,000, averaging $19,950,000, and reaching up to $20,350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 3
Bed & breakfasts 2
Campgrounds 2

Demographics Overview

Population 36K
Population Growth (5Y) +3.8%
Median Household Income $79,038
College Educated 17.6%

High-Yield Neighborhoods for Investment

Identify Key West submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
33040 $9.8M

Taxes & Financing

Tax Rate (average for all types) 0.71%
Property Tax per SF $10.90 per SF
Tax Rate vs County Average 0.03 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Monroe County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Monroe County

Retail

Residential Income

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