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    Key West, FL
    Hospitality

    Key West, FL Hospitality Properties for Sale

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    Stock Island, FL Summerland Key, FL Big Pine Key, FL Cudjoe Key, FL
    6 properties
    Six-Unit Bed And Breakfast
    Updated: Aug 28
    Six-Unit Bed And Breakfast

    223 Eanes Lane, Key West, FL 33040

    $6,999,000
    1,630 sqft 0.12 AC lot
    Six guest accommodations, each with a private bath
    1630 square feet on a 0.12‑acre property
    Transient license in place
    Adjacent to the Ernest Hemingway Home in Old Town Key West
    Outdoor pool with tropical landscaping
    View details
    38-Room Boutique Hotel
    Updated: Sep 3, 2024
    38-Room Boutique Hotel

    521 United Street, Key West, FL 33040

    $20,350,000
    4,788 sqft 0.50 AC lot
    38 renovated guest rooms
    4,788 square feet on 0.5 acres
    Two pools and one jacuzzi
    Landscaped outdoor common area with dining space
    En‑suite bathrooms, flat‑screen TVs, and wooden blinds in every guestroom
    View details
    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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    See what stands out in Monroe County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    6-Unit Bed & Breakfast with Pool
    6-Unit Bed & Breakfast with Pool

    223 Eanes Lane, Key West, FL 33040

    $6,999,000

    Boutique hospitality property with private guest baths, tropical grounds, an outdoor pool, and a transient license.

    View details
    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.

    View details
    Waterfront Land with Private Dock
    Waterfront Land with Private Dock

    64-2950 Overseas Hwy, Key West, FL 33040

    $1,175,000

    Improved bayside site includes a tiki hut, storage trailer, golf cart, and outdoor furnishings.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 79 Potential Opportunities for your consideration. Besides 6 Active listings in Key West, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads, plus 3 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.

    Boutique Motel with Waterfront Access
    Boutique Motel with Waterfront Access

    243 61st Street, Marathon, FL 33050

    $5,900,000
    4,557 sqft 0.56 AC lot

    Thirteen furnished guest rooms span eight cottages and a main building with on-site laundry and guest parking.

    View details
    Waterfront Commercial Property in Marathon
    Waterfront Commercial Property in Marathon

    38 Coco Plum Dr, Marathon, FL 33050

    $4,950,000
    0.69 AC lot

    Versatile waterfront property with mixed-use potential in the Florida Keys.

    View details
    25-Room Hotel with Restaurant
    25-Room Hotel with Restaurant

    Summerland Key, FL 33042

    $12,250,000

    Hospitality property combining lodging, dining, licensed beverage operations, and a dive business.

    View details
    Oceanfront Resort Residence Portfolio
    Oceanfront Resort Residence Portfolio

    231 E Shore Dr, Summerland Key, FL 33042

    Contact for pricing
    4,200 sqft

    Seven newly constructed residences offer private infinity pools and assigned dockage with direct ocean access in a gated enclave.

    View details

    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.

    Private Island Waterfront Land
    Private Island Waterfront Land

    Key West, FL 33040

    $495,000
    38.00 AC lot

    Private island land in the Florida Keys with Offshore Island District zoning and access from Oharas Key Street Gulf.

    View details
    Land for Sale
    Land for Sale

    Key West, FL 33040

    $900,000

    Land available for purchase.

    View details
    RV Lot with Concrete Seawall
    RV Lot with Concrete Seawall

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

    $425,000

    RV lot in gated community with boating access.

    View details

    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

    $460,000
    Estimated value
    4,110 sqft 0.16 AC lot
    View details
    200 Sunset Ln
    HOTEL/MOTEL

    200 Sunset Ln, Key West, FL 33040-8312

    $160,000
    Estimated value
    0.61 AC lot
    View details
    200 Sunset Way
    HOTEL/MOTEL

    200 Sunset Way, Key West, FL 33040-8312

    $75,000
    Estimated value
    0.11 AC lot
    View details
    3675 Roosevelt Blvd
    HOTEL/MOTEL

    3675 Roosevelt Blvd, Key West, FL 33040-5254

    $60,000
    Estimated value
    7.10 AC lot
    View details
    200 Sunset Ln
    HOTEL/MOTEL

    200 Sunset Ln, Key West, FL 33040-8312

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

    3625 Seaside Dr, Key West, FL 33040-5225

    Unit 25312
    $315,000
    Estimated value
    798 sqft 2.31 AC lot
    View details
    1445 Roosevelt Blvd
    HOTEL/MOTEL

    1445 Roosevelt Blvd, Key West, FL 33040-4538

    $240,000
    Estimated value
    5.05 AC lot
    View details
    3625 Seaside Dr, Unit 25205
    HOTEL/MOTEL

    3625 Seaside Dr, Key West, FL 33040-5225

    Unit 25205
    $555,000
    Estimated value
    798 sqft 2.31 AC lot
    View details
    910 Simonton St, Unit 6
    HOTEL/MOTEL

    910 Simonton St, Key West, FL 33040-7491

    Unit 6
    $1,120,000
    Estimated value
    528 sqft 0.12 AC lot
    View details
    3841 Roosevelt Blvd, Unit 115
    HOTEL/MOTEL

    3841 Roosevelt Blvd, Key West, FL 33040-4534

    Unit 115
    $1,360,000
    Estimated value
    1,357 sqft 7.63 AC lot
    View details
    617 Frnt St
    HOTEL/MOTEL

    617 Frnt St, Key West, FL 33040-6620

    $245,000
    Estimated value
    0.44 AC lot
    View details
    5051 Overseas Hwy
    HOTEL/MOTEL

    5051 Overseas Hwy, Key West, FL 33040-4320

    $170,000
    Estimated value
    0.35 AC lot
    View details
    3625 Seaside Dr, Unit 25106
    HOTEL/MOTEL

    3625 Seaside Dr, Key West, FL 33040-5225

    Unit 25106
    $705,000
    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
    View details
    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
    $440,000
    Estimated value
    115 sqft 0.14 AC lot
    View details
    3625 Seaside Dr, Unit 25101
    HOTEL/MOTEL

    3625 Seaside Dr, Key West, FL 33040-5225

    Unit 25101
    $300,000
    Estimated value
    798 sqft 2.31 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 6 active listings on our real estate platform. These investment opportunities span a total of 6,418 square feet of properties for sale, with an estimated market value of $56,472,000.

    Sale prices for hospitality properties in Key West, FL start at $599,000, averaging $9,412,000, 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

    Bed & breakfasts 2
    Campgrounds 2
    Hotels 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 $9.4M

    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)

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    Featured Key West Real Estate Agencies

    Realmo connects you with licensed Key West CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Berkshire Hathaway Keys Real Estate | Knight & Gardner Realty
    336 Duval St Key West, FL 33040
    Phone: 13052945155
    www.keysrealestate.com
    Truman & Co. Real Estate Services
    1205 Truman Avenue Key West, FL 33040
    Phone: 13052922244
    www.trumanandcompany.com

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