329 William St Key West, FL 33040-6875

This exceptional investment opportunity presents a beautifully preserved historic inn located at 329 William St, Key West, FL 33040. The property, built in 1892, boasts six units within a 2,294 square foot building situated on a generous 5,373 square foot lot. The three-story structure is zoned HMDR (Historic Medium Density Residential), offering flexibility for various rental strategies. Currently configured with two transient and four non-transient rental licenses, this allows for diverse income streams catering to both short-term vacationers and long-term tenants. The property's prime location, just one block from the Historic Seaport boardwalk and three blocks from Duval Street, ensures high occupancy rates and strong rental demand. The asking price is $3,999,999, translating to $1,743.68 per square foot and $666,666.50 per unit. The Seaport Inn offers a unique blend of historic charm and modern convenience, making it an ideal investment for those seeking a lucrative venture in the heart of Key West's vibrant Old Town. The expansive lot provides ample space for outdoor enjoyment, further enhancing the property's appeal. This established inn presents a rare opportunity to acquire a piece of Key West history with significant income potential. The property's strong location and flexible rental options make it an attractive investment for both seasoned investors and those new to the market.