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Historic Inn in Key West
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 Market720

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

outdoor common area
lush gardens
pools
jacuzzi
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 #BK612006
Added: Sep 3, 2024 Changed: Aug 19 Last Checked: Aug 23 at 6:06AM
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.

Located at 521 United Street in Key West, Florida, the Southernmost Inn is a commercial property that was originally constructed in the 1800s as a Francisco Marrero cigar factory. The property has been transformed, with many of the old cigar factory features restored. The Southernmost Inn offers 38 newly renovated rooms featuring modern interiors with a classic neo-colonial design. All guestrooms feature en-suite bathrooms, flat screen TVs, and colonial wooden blinds. The property also boasts an outdoor common area with gardens, two pools, one jacuzzi, and a relaxing dining area. The bar is currently closed. The property is zoned HRCC(1 - 4) - Hist Res Co and has a lot size of 0.5 acres. The property size is 4,788 square feet.

Key Highlights

  • 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.

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 - Award-winning 38-room inn with historic charm and modern amenities.
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 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.
More about this property
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