329 William St Key West, FL 33040-6875
Property profile & analytics
329 William St Key West, FL 33040-6875
- Hotels
- 2,294 SF
- 0.12 lot acres
Property ID
US19-0462661
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.
Location Intelligence
Current Use by Public Records
- Seaport Inn Key West / Hotel & Motel / Resort
Property Details for 329 William St
- Year built
- 1938
- Lot size
- 0.12 lot acres
- Property size
- 2,294 SF
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 00003280-000000
- APU
- 3280000000
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Key West
- County
- Monroe
- State
- Florida
- Longitude
- -81.8001
- Latitude
- 24.5595
- 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
$16,393
$1,008,853
$672,568
$1,681,421
-
$1,008,853
$672,568
$1,681,421
