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412 Frances Street, Key West, FL 33040

$10,500,000
Property Type: Commercial Sale Bedrooms: 15 Baths: 18 Lot Size (sq. ft.): 7,700 Status: Contingent/Show
Current Price: $10,500,000 List Date: 3/31/2025 Last Modified: 3/25/2026

Overview

Description

Heron House Court presents a unique chance to own a boutique guesthouse in the heart of Old Town Key West. This historic gem has been well maintained through the years & offers 15 deluxe rooms (14 licensed transient rentals).The relaxed atmosphere, with its private porches and multiple decked lounging areas throughout creates a wonderful ambiance. Steeped in history, Heron House Court circa 1900, was originally built to house the workers of Flagler's famous overseas Railway & is listed on the national register of historic places. Perfectly situated just a short stroll from Duval Street's world-class dining, shopping, and nightlife, as well as the Historic Seaport boardwalk, this island retreat attracts a steady stream of visitors year-round. The island-style setting, lush tropical gardens, expansive covered porches, and serene heated pool, create an unforgettable Key West experience. Sold fully furnished and turnkey, this well-established business includes all equipment, booki ...

Listing Details MLS# 614404

Location, Tax & Legal

Street #
412
Street Name
Frances
Street Suffix
Street
Key/Island
Key West
State/Province
FL
Zip Code
33040
Subdivision
Old Town - Unlisted (1.0)
County
Monroe
Area
02 - Key West
KW Neighborhood
Old Town-N of Truman
City
KEY WEST
Mile Marker
1
Marathon Neighborhood
N/A
Side
Median
Flood Zone
AE
Alternate Key #
1005304
Add'l Parcel #1
00005190-000000
Parcel #
00005120-000000
Zoning
HMDR - Historic Medium Density Residential
Legal
KW PT LOT 2 SQR 32 G73-494/95 OR477-754/55 OR956-1061 OR978-1404 OR984-211 OR1133-1040/42 OR1133-1043/44 OR1133-1045/47
Taxes
38270
Tax Year
2024

Contract Information

Listing Board
Key West Association
Limited Representation
No
Potential Short Sale
No
Bank Owned
No

General Property Description

Realtor.COM Type
Commercial
Style
Commercial
Lot SqFt
7700
Waterfront
No
Business Name
Heron House Court
# Stories
2
Total # Buildings
2
Building SqFt
5731
SqFt Source
Property Data Card
Total Units
15
Year Built
1929
Total Bedrooms
15
Full Baths
15
Half Baths
3
Total Baths
18
Control Depth
0

Status Change Info

Contingent
Contingent/Show

License Info

# of Transient Licns
14

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No

More Information

Financial Status

Bank Owned
No
Potential Short Sale
No

Remarks & Misc

Remarks – Consumer
Heron House Court presents a unique chance to own a boutique guesthouse in the heart of Old Town Key West. This historic gem has been well maintained through the years & offers 15 deluxe rooms (14 licensed transient rentals).The relaxed atmosphere, with its private porches and multiple decked lounging areas throughout creates a wonderful ambiance. Steeped in history, Heron House Court circa 1900, was originally built to house the workers of Flagler's famous overseas Railway & is listed on the national register of historic places. Perfectly situated just a short stroll from Duval Street's world-class dining, shopping, and nightlife, as well as the Historic Seaport boardwalk, this island retreat attracts a steady stream of visitors year-round. The island-style setting, lush tropical gardens, expansive covered porches, and serene heated pool, create an unforgettable Key West experience. Sold fully furnished and turnkey, this well-established business includes all equipment, booking software, and a proven rental history, ensuring a smooth ownership transition. Heron House Court is a rare and wonderful opportunity to own in one of the most sought-after locations in Key West with unlimited potential.
Directions
Corner of Frances Street & Elgin Lane

Type

Hotel/Motel
Yes

Fee Includes

None
Yes

Dockage

None
Yes

Appliances

Dryer
Yes
Washer
Yes

Cooling

Ceiling Fans(s)
Yes
Wall/Window Unit(s)
Yes

Waterfront

None
Yes

Waterview

No Waterview
Yes

Interior Features

Furnished
Yes
Laundry Room
Yes

Windows/Doors

French Doors
Yes

Construction

Frame
Yes

Land Size

Less Than 1/4 Acre
Yes

Utilities

Buyer to Verify
Yes
FKAA
Yes
Municipal Sewer
Yes

Property Rights

Transient License
Yes

Miscellaneous

Fencing
Yes
High Visibility
Yes
Lobby
Yes
Patio
Yes
Pool
Yes

Roof

Metal Roof
Yes

Property Features

Type: Hotel/Motel Waterfront: None Waterview: No Waterview Dockage: None Cooling: Ceiling Fans(s); Wall/Window Unit(s) Utilities: Buyer to Verify; FKAA; Municipal Sewer Interior Features: Furnished; Laundry Room Appliances: Dryer; Washer Miscellaneous: Fencing; High Visibility; Lobby; Patio; Pool Construction: Frame Roof: Metal Roof Land Size: Less Than 1/4 Acre Fee Includes: None Property Rights: Transient License
Listing Office: Truman & Co. (KW)
Last Updated: March - 25 - 2026
Broker Attribution: 305-587-3407

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.