Renovated Boutique
For Sale
$20,350,000
521 United Street, Key West, FL 33040
Boutique hotel with 38 renovated rooms, en-suite baths, and resort-style outdoor common areas with pools and jacuzzi.
Property Size4,788 SF
Days on Market48
Property Features for 521 United Street
General Information
Standard status
Active
Size
4,788 SF
Zoning
HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$95,148
Building Details
Building Size
4,788 SF
Year Built
1938
Buildings
5
Stories
3
Listing Agency:
Berkshire Hathaway HomeServices Knight & Gardner Realty
(305) 902-2447
Listed By:
Team Gardner/Langley · License #BK612006
(305) 902-2447
Source:
Laerrealty
Added: Jul 7
Changed: Aug 8
Last Checked: Aug 22 at 3:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Knight & Gardner Realty
Investment Insights
Based on property information with market context.
The Southernmost Inn is a boutique hotel at 521 United Street featuring 38 newly renovated rooms. The property preserves much of the original 1800s cigar factory character, including restored historic features, while providing modern interiors. Guestrooms are equipped with en-suite bathrooms, flat screen TVs, and colonial wooden blinds.
The inn also includes a landscaped outdoor common area designed for guest downtime, with lush gardens, two pools, and a jacuzzi. On-site amenities further include a bar and a relaxing dining area; the bar is currently closed.
For buyers seeking an operating hospitality asset with a distinctive historic-to-modern design, the combination of renovated accommodations and established on-site guest gathering spaces is a practical fit. The property’s en-suite room setup and in-room entertainment align with today’s lodging expectations, while the pools, jacuzzi, and outdoor dining provide multiple ways to support guest experience within the existing framework of the inn.
The inn also includes a landscaped outdoor common area designed for guest downtime, with lush gardens, two pools, and a jacuzzi. On-site amenities further include a bar and a relaxing dining area; the bar is currently closed.
For buyers seeking an operating hospitality asset with a distinctive historic-to-modern design, the combination of renovated accommodations and established on-site guest gathering spaces is a practical fit. The property’s en-suite room setup and in-room entertainment align with today’s lodging expectations, while the pools, jacuzzi, and outdoor dining provide multiple ways to support guest experience within the existing framework of the inn.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,178
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Boutique hotel with 38 renovated rooms, en-suite baths, and resort-style outdoor common areas with pools and jacuzzi.
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: 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
