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    Property profile & analytics

    1117 Duval St, Unit 4 Key West, FL 33040-3156

    • Hotels
    • 1,999 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 28, 2022
    Location Intelligence
    Property ID
    US18-3227586
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The Rum Bar / Bar
    • Speakeasy Inn & Rum Bar / Bar / Hotel

    Property Details for 1117 Duval St

    Year built
    1943
    Lot size
    0.08 lot acres
    Property size
    1,999 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    00027850-000000
    APU
    27850000000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Key West
    County
    Monroe
    State
    Florida
    Longitude
    -81.798
    Latitude
    24.5497
    CBSA code
    28580
    CBSA name
    KEY WEST-MARATHON, FL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $53,839
    $3,846,317
    $2,564,211
    $6,410,528
    -
    $3,846,317
    $2,564,211
    $6,410,528

    Comparable in this City

    • Value Estimation by Request
      0.31 Acres

      617 Frnt St

      HOTEL/MOTEL • 0.31 Acres
      617 Frnt St, Key West, FL 33040-6620
      View Details
    • Value Estimation by Request
      1.66 Acres

      5051 Overseas Hwy

      HOTEL/MOTEL • 1.66 Acres
      5051 Overseas Hwy, Key West, FL 33040-4320
      View Details
    • Value Estimation by Request
      1,330 SF

      417 Amelia St

      HOTEL/MOTEL • 1,330 SF
      417 Amelia St, Key West, FL 33040
      View Details
    • Value Estimation by Request
      9,179 SF

      724 Duval St

      HOTEL/MOTEL • 9,179 SF
      724 Duval St, Key West, FL 33040-7673
      View Details
    • Value Estimation by Request
      2,672 SF

      1401 Duval St

      HOTEL/MOTEL • 2,672 SF
      1401 Duval St, Key West, FL 33040-3133
      View Details
    • Value Estimation by Request
      2,334 SF

      523 Eaton St

      HOTEL/MOTEL • 2,334 SF
      523 Eaton St, Key West, FL 33040-6801
      View Details

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      Unique historic property near Duval Street with multi-use potential.
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    Similar Nearby for Lease

    • $170 SF/Yr
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      Duval Street Retail Opportunity

      Prime Key West Retail Space Available
      121 Duval St, Key West, FL 33040
      View Details
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      Modern Flex Warehouse Space Available
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      View Details
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    1117 Duval St, Unit 4
    Key West, FL 33040-3156
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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