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810-812 Duval Street, KEY WEST, FL

$7,568,000 - 11 Beds - 11.2 Baths - 4,429 Sqft - 532 DOM

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.currently leased by Vino's wine bar where guests enjoy a daily Happy Hour. Guests are also served continental breakfast and fresh fruit daily. Beautifully maintained structures and grounds along with a long consistent history of excellent financials make Tropical Inn a rock solid investment ready for a new owner to take the reigns and increase its enduring prosperity.

Essential Information

For 810-812 Duval Street, KEY WEST, FL
  • MLS® # 586161
  • Price $7,568,000
  • Bedrooms 11
  • Bathrooms 11.20
  • Full Baths 11
  • Half Baths 2
  • Square Footage 4,429
  • Year Built 1890
  • Type Commercial
  • Sub-Type Commercial
  • Status Active

Community Information

For 810-812 Duval Street, KEY WEST, FL
  • Address 810-812 Duval Street
  • Area 02 - Key West
  • Subdivision Old Town - Unlisted (1.0)
  • City KEY WEST
  • County Monroe
  • State FL
  • Zip Code 33040

Amenities

For 810-812 Duval Street, KEY WEST, FL
  • Utilities FKAA, Municipal Sewer
  • Parking Off Street Parking
  • View No Waterview
  • Waterfront None

Interior

For 810-812 Duval Street, KEY WEST, FL
  • # of Stories 1

Interior Features

For 810-812 Duval Street, KEY WEST, FL

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

Appliances

For 810-812 Duval Street, KEY WEST, FL

Refrigerator, Washer, Dryer, Dishwasher

Heating

For 810-812 Duval Street, KEY WEST, FL

Central A/C, Heat, Window/Wall Unit, Combination A/C, Ceiling Fans

Exterior

For 810-812 Duval Street, KEY WEST, FL
  • Lot Description More than 1 Lot
  • Windows Wood Windows
  • Roof Metal Roof
  • Construction Frame

Additional Information

For 810-812 Duval Street, KEY WEST, FL
  • Date Listed June 18th, 2019
  • Days on Market 532
  • HOA Fees 0.00

Zoning

For 810-812 Duval Street, KEY WEST, FL

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

Listing Details

For 810-812 Duval Street, KEY WEST, FL
  • Agent Keith Bland
  • Office Truman & Co. (KW)

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