Sold

810-812 Duval Street

Key West FL, 33040

$6,950,000


$1,569.20 per sqft

Sold

11 Beds

4,429 sqft

Commercial

Built in 1890

Tropical Inn is an extraordinary boutique hotel centered on world-famous Duval St and equidistant from the Mallory Sunset Pier and the Southernmost Point Buoy. With an excellent ROI plus occupancy upside, the 11 exquisitely appointed guest rooms are each unique and are situated in 4 historic homes on nearly 1/4 acre of land in the heart of Key West's Commercial District. Lush tropical gardens, pools and spa create an enchanting paradise for guests who frequently visit the inn. With 20 years of success, the Tropical Inn has a large percentage of repeat guests. Tropical Inn consistently outperforms the average daily rate for Key West B&B's and 2019 revenue is up over 13% from 2018. The property consists of 4 parcels with 11 transient licenses and a commercial retail space on Duval St.

586161

MLS ID

March 1, 2024

Updated

Map

810-812 Duval Street
Key West FL, 33040

Interior Features

Total Stories

1


Bedrooms

11


Full Bathrooms

11


Half Bathrooms

2


Interior Features

Cathedral Ceilings, Window Treatments, Whirlpool Bath Tub, Smoke Alarms, Pantry, Laundry Room, Furnished, Entrance Foyer, Drapes/Blinds Incl, Wood Windows


Appliances

Dishwasher, Washer, Refrigerator, Dryer


Floor Description

Carpet, Tile, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fans(s), Wall/Window Unit(s), Heat Pump, Heat, Central Air


Heating

No

Exterior/Building Features

Lot Size

0.25 Acres


Lot Features

More than 1 Lot


Roof

Metal Roof

School Information

School District

Tropical Inn

Other Property Details

Area Name

02 - Key West


Taxes

$35,214


Tax Frequency

Annually


Days on Market

620


Association Amenities

None


Garage

No


Parking

Off Street Parking


Parking Total

2


View

Yes


View Description

No Waterview


County

Monroe


Pool

No


Zoning

HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl

Listed by Keith Bland with Truman & Co. (KW)
Listing Contact: 305-292-2244 

The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 3/1/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Florida Keys Board of REALTORS® all rights reserved.

Data last updated on 3/1/2024 at 3:57 AM UTC

 

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