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38-Room Boutique Hotel
For Sale
$20,350,000

521 United Street, Key West, FL 33040

Commercial Sale, Key West, FL

Property Size4,788 SF
Lot Size0.50 Acres
Price / SF$4,250
Days on Market729

Property Features for 521 United Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning HRCC(1 - 4) - Hist Res Co
Parking features Off Street
Subdivision Old Town - Unrecord (1.0)
View Water
Standard status Active
APN 00028870-000000
Size 4,788 SF
Lot size 0.50 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description KW PT LT 25, 26, 28, 29 AND 32 AND ALL LTS 30 AND 34 SQR 8 TR 11 (L-215) A1-46 G36-210/11 G40-365/66 G50-476/77 G54-72/7
Tax Annual Amount 95148
Legal Description KW PT LT 25, 26, 28, 29 AND 32 AND ALL LTS 30 AND 34 SQR 8 TR 11 (L-215) A1-46 G36-210/11 G40-365/66 G50-476/77 G54-72/7

Amenities

lush gardens
two pools
jacuzzi
bar
dining area

Building Details

Year built 1938
Floors in Building 3
Number of units 38
Building materials Frame
Roof type Metal
Listing Agency: Berkshire Hathaway HomeServices Knight & Gardner Realty
Listed By: Team Gardner/Langley · License #KWA.2032
Added: Sep 3, 2024 Changed: Aug 19 Last Checked: Sep 1 at 7:06PM
MLS# 611311

Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The Southernmost Inn is a 38-room hotel at 521 United Street in Key West. Guestrooms have been renovated with contemporary interiors and neo-colonial styling, along with en-suite bathrooms, flat-screen televisions, and wooden blinds. The property includes 4,788 square feet of space, frame construction, a metal roof, and off-street parking.

Outdoor amenities include landscaped gardens, two pools, one jacuzzi, and a dining area. An on-site bar is currently closed. The property carries HRCC(1 - 4) - Hist Res Co zoning and occupies 0.5 acres in Key West, Florida.

Key Highlights

  • 38 renovated guest rooms
  • 4,788 square feet on 0.5 acres
  • Two pools and one jacuzzi

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Dental Office HVAC Service Auto Repair Shop Auto Parts Store Pet Grooming Service Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,178
Businesses Nearby

Demographics for 33040, FL

35,958
Population
19,001
Households
1.9
Avg Household Size
44
Median Age
38%
College-Educated
92%
High-School Grad
17.7 sq mi
ZIP Area
2,032
Density / Sq Mi
$79,038
Median Household Income
$42,458
Median Earnings
$2,079
Median Rent
$766,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Renovated guest accommodations surround landscaped outdoor amenities, including pools, a spa, and a dining area.
Where is this hotel located?
The property is located at 521 United Street Key West, FL.
What is the asking price?
The asking price for this property is $20,350,000.
What are key features of this property?
This property features: 38 renovated guest rooms; 4,788 square feet on 0.5 acres; Two pools and one jacuzzi
More about this property
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