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Key West, FL Hotels for Sale

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Stock Island, FL Sugarloaf Key, FL Cudjoe Key, FL
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
Updated: Sep 3, 2024
Key West Hospitality Property

823 Fleming Street, Key West, FL 33040

$19,550,000
4,166 sqft 0.63 AC lot
36 Transient Licenses Included (No ROGO Needed)
Prime Old Town Location: Walking Distance to Duval Street and Key West Port
Designed for Group Travelers: Private Rooms Accommodate Up to Six Guests
Three Outdoor Pools
Bar License Included
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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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Based on your search, we've compiled 80 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, 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.

Key Largo Inn Investment Opportunity
Key Largo Inn Investment Opportunity

99202 Overseas Hwy, Key Largo, FL 33037

$14,550,000
23,092 sqft 1.14 AC lot

Turnkey inn with full liquor license and development potential.

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Key Largo Inn Investment Opportunity
Key Largo Inn Investment Opportunity

99202 Overseas Highway, Key Largo, FL 33037

$14,550,000
23,092 sqft 1.14 AC lot

Turnkey inn with development potential in Key Largo, Florida.

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Beachfront Hotel on Fort Myers
Beachfront Hotel on Fort Myers

6530 Estero Boulevard, Fort Myers Beach, FL 33931

$15,900,000
1,282 sqft 1.32 AC lot

Direct beachfront 34-room hotel on 1.32 acres.

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Gulf Access Redevelopment Opportunity
Gulf Access Redevelopment Opportunity

6555 Estero Blvd, Fort Myers Beach, FL 33931

$3,495,000

22-room hotel on gulf access canal near Fort Myers Beach.

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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 Development Site with Dockage
Waterfront Development Site with Dockage

14 125Th Street Gulf, Marathon, FL 33050

$3,549,000
1.72 AC lot

Waterfront site with deep-water dockage approval and an existing recertified two-story CBS building.

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Waterfront Development Site with Dockage
Waterfront Development Site with Dockage

14 125th Street Gulf, Marathon, FL 33050

$3,549,000
1.72 AC lot

Waterfront property with approved deep-water dockage and conditional use approval for 10 units plus 4 staff group home units.

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Riverfront Commercial Development Land
Riverfront Commercial Development Land

12025 Carpenter Ln lot: 7, Bonita Springs, FL 34135

$1,495,000
3.00 AC lot

Waterfront land assemblage with existing utilities and a commercial interchange zoning area along the Imperial River.

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Gulf-Front Vacant Lot Opportunity
Gulf-Front Vacant Lot Opportunity

8010 Estero Boulevard, Fort Myers Beach, FL 33931

$2,899,999
0.40 AC lot

Direct Gulf-front vacant land, build your beachfront legacy.

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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
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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
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617 Frnt St
HOTEL/MOTEL

617 Frnt St, Key West, FL 33040-6620

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

5051 Overseas Hwy, Key West, FL 33040-4320

Value Estimation by Request
0.35 AC lot
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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
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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
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615 Fleming St
HOTEL/MOTEL

615 Fleming St, Key West, FL 33040-6825

Value Estimation by Request
3,159 sqft 0.11 AC lot
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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
3625 Seaside Dr, Unit 25101
HOTEL/MOTEL

3625 Seaside Dr, Key West, FL 33040-5225

Unit 25101
Value Estimation by Request
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 8,954 square feet of properties for sale, with an estimated market value of $39,900,000.

Sale prices for resorts 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 $13.7M

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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