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    Key West, FL Hotels for Sale

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    Stock Island, FL Summerland Key, FL Big Pine Key, FL Cudjoe Key, FL
    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
    Renovated Boutique Hotel
    Updated: Jul 7
    Renovated Boutique Hotel

    521 United Street, Key West, FL 33040

    $20,350,000
    Boutique hotel built in 1938, originally constructed as a Francisco Marrero cigar factory
    38 newly renovated rooms with modern interiors and classic neo‑colonial design
    All guestrooms include en‑suite bathrooms, flat screen TVs, and colonial wooden blinds
    Outdoor common area with lush gardens and resort‑style amenities including two pools
    Outdoor common area also includes a jacuzzi and a relaxing dining area
    View details
    Six-Room Bed & Breakfast
    Six-Room Bed & Breakfast

    329 William St, Key West, FL 33040

    Contact for pricing
    0.11 AC lot

    Historic hospitality property with private guest accommodations, en suite bathrooms, kitchen facilities, and resort-style outdoor amenities.

    View details
    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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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 3 Active listings in Key West, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads

    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
    Oceanfront Land and Marina Opportunity
    Oceanfront Land and Marina Opportunity

    13900 Overseas Hwy, Marathon, FL 33050

    $12,900,000
    21.00 AC lot

    Over 20 acres of land and marina in Marathon, Florida.

    View details
    Islamorada Development Opportunity For Sale
    Islamorada Development Opportunity For Sale

    80939 Overseas Hwy, Islamorada, FL 33036

    $3,900,000
    0.75 AC lot

    Development opportunity in downtown Islamorada with restaurant and transient units.

    View details
    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.

    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
    1016 Howe St, Unit 1
    HOTEL/MOTEL

    1016 Howe St, Key West, FL 33040-7555

    Unit 1
    $575,000
    Estimated value
    193 sqft 0.14 AC lot
    View details
    3625 Seaside Dr, Unit 25102
    HOTEL/MOTEL

    3625 Seaside Dr, Key West, FL 33040-5225

    Unit 25102
    $860,000
    Estimated value
    798 sqft 2.31 AC lot
    View details
    630 Ss St
    HOTEL/MOTEL

    630 Ss St, Key West, FL 33040-4719

    Value Estimation by Request
    2,014 sqft 0.13 AC lot
    View details

    Key West, FL Hotels Market Trends and Statistics

    Explore 72 hotels for sale in Key West, FL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 4,788 square feet of properties for sale, with an estimated market value of $40,700,000.

    Sale prices for resorts in Key West, FL average $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 3
    Hotels 3
    Campgrounds 2
    Motels 1

    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 $20.4M

    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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    Most Searched ZIP Codes in Key West, FL

    • 33040

    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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