810-812 Duval Street, Key West, FL 33040
$6,950,000
Property Type:
Commercial
Bedrooms:
11
Baths:
11.2
Lot Size (sq. ft.):
10,703
Status:
Closed
Current Price:
$6,950,000
List Date:
6/18/2019
Last Modified:
9/09/2024
Overview
Description
Supplements: ... (Read more) 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.
Listing Details MLS# 586161
Location, Tax & Legal
- Street #
- 810-812
- Street Name
- Duval
- 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
- N/A
- Flood Zone
- X
- Alternate Key #
- 1017361
- Add'l Parcel #1
- 00016940-000000
- Parcel #
- 00016950-000000
- Add'l Parcel #2
- 00016990-000000
- Bldg Nbr
- 4
- Zoning
- HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl
- Legal
- KW PT LOT 1 SQR 6 TR 4 and KW PT LOT 1 SQR 6 TR 4 G49-535/36 and KW PT LOT 1 SQR 6 TR 4 D2-234 and KW PT LOT 1 SQR 6 TR
- Taxes
- 35214.39
- Tax Year
- 2018
Contract Information
- Listing Board
- Key West Association
- Limited Representation
- No
- For Sale/Lease
- For Sale
- Potential Short Sale
- No
- Bank Owned
- No
General Property Description
- Realtor.COM Type
- Commercial
- Style
- Commercial
- Lot SqFt
- 10703
- Waterfront
- No
- Business Name
- Tropical Inn
- Year Established
- 1999-10-28
- # Parking Spaces
- 2
- Off Street Parking
- Yes
- # Stories
- Yes
- Total # Buildings
- 4
- Building SqFt
- 4429
- SqFt Source
- Property Data Card
- Total Units
- 12
- Year Built
- 1890
- Total Bedrooms
- 11
- Full Baths
- 11
- Half Baths
- 2
- Total Baths
- 11.2
- Control Depth
- 0
Status Change Info
- Sold Date
- 2021-07-13
License Info
- # of Transient Licns
- 11
Association Info
- Mandatory Home Owners Asc
- No
- 1st Right of Refusal
- No
More Information
Property Info
- # Kitchens
- 2
- # Refrigerators
- 13
- # Washers
- 2
- # Dryers
- 3
- # Dishwashers
- Yes
Vehicle Storage
- Car(s)
- 2
- Off Street Parking
- Yes
Financial Status
- Bank Owned
- No
- Potential Short Sale
- No
Remarks & Misc
- Remarks – Consumer
- 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.
- Directions
- US1 South to Duval Street. Go right (north) on Duval St for 1 1/2 blocks. Tropical Inn is then on the left (west) side of Duval Street. Do not disturb business. Listing Agent must be present.
Type
- Bar
- Yes
- Hotel/Motel
- Yes
- Restaurant
- Yes
- Retail
- Yes
Fee Includes
- None
- Yes
Dockage
- None
- Yes
Accounts & Meters
- # Sewer Accounts
- 5
- # Water Meters
- 5
- # Electric Meters
- 5
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Cooling
- Ceiling Fans(s)
- Yes
- Central Air
- Yes
- Heat
- Yes
- Heat Pump
- Yes
- Wall/Window Unit(s)
- Yes
Waterfront
- None
- Yes
Waterview
- No Waterview
- Yes
Floor
- Carpet
- Yes
- Tile
- Yes
- Wood
- Yes
Interior Features
- Cathedral Ceilings
- Yes
- Drapes/Blinds Incl
- Yes
- Entrance Foyer
- Yes
- Furnished
- Yes
- Laundry Room
- Yes
- Pantry
- Yes
- Smoke Alarms
- Yes
- Whirlpool Bath Tub
- Yes
- Window Treatments
- Yes
Windows/Doors
- Wood Windows
- Yes
Construction
- Frame
- Yes
Land Size
- More than 1 Lot
- Yes
Utilities
- FKAA
- Yes
- Municipal Sewer
- Yes
Property Rights
- Multi-Use/Commercial
- Yes
- Transient License
- Yes
Miscellaneous
- Fencing
- Yes
- High Traffc Location
- Yes
- High Visibility
- Yes
- Hot Tub
- Yes
- Lobby
- Yes
- Patio
- Yes
- Pool
- Yes
- Spa
- Yes
- Storage
- Yes
- Other Miscellaneous
- Yes
Roof
- Metal Roof
- Yes
Property Features
Type:
Bar; Hotel/Motel; Restaurant; Retail
Waterfront:
None
Waterview:
No Waterview
Dockage:
None
Vehicle Storage:
Off Street Parking
Cooling:
Ceiling Fans(s); Central Air; Heat; Heat Pump; Wall/Window Unit(s)
Utilities:
FKAA; Municipal Sewer
Interior Features:
Cathedral Ceilings; Drapes/Blinds Incl; Entrance Foyer; Furnished; Laundry Room; Pantry; Smoke Alarms; Whirlpool Bath Tub; Window Treatments
Appliances:
Dishwasher; Dryer; Refrigerator; Washer
Miscellaneous:
Fencing; High Traffc Location; High Visibility; Hot Tub; Lobby; Patio; Pool; Spa; Storage; Other Miscellaneous
Construction:
Frame
Floor:
Carpet; Tile; Wood
Roof:
Metal Roof
Land Size:
More than 1 Lot
Fee Includes:
None
Property Rights:
Multi-Use/Commercial; Transient License
Listing Office:
Truman & Co. (KW)
Last Updated: September - 09 - 2024
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.

Site Plan Rendering ›