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819 Simonton Street, Key West, FL 33040

$12,500,000
Property Type: Commercial Sale Square Footage: 10,305 Lot Size (sq. ft.): 33,873 Status: Closed
Current Price: $12,500,000 List Date: 9/03/2024 Last Modified: 7/23/2025

Overview

Description

The Paradise Inn, with its subtle luxury and Bahamian charm, is situated in the center of Old Town Key West only a short walk or bicycle ride from the shops at Mallory Square, Duval Street, The Ernest Hemingway Home, and The Key West Butterfly Conservatory. The Hotel features an upscale amenity base including spacious gardens filled with exotic flora, a fountain-fed pool, jacuzzi, complimentary breakfast, daily wine & cheese happy hour, and 24-hour coffee. Ownership also owns a two-story building next to Paradise, on 817 Simonton Street, where there is a fully renovated 2BR/1BA apartment, with private balcony, and washer and dryer on the second floor. On the first floor there is a commercial space that is currently leased out as a SPA. There are also six parking spaces at this Property.

Listing Details MLS# 611314

Location, Tax & Legal

Street #
819
Street Name
Simonton
Street Suffix
Street
Key/Island
Key West
State/Province
FL
Zip Code
33040
Subdivision
Old Town - Unrecord (1.0)
County
Monroe
Area
01 - Key West
KW Neighborhood
Old Town-N of Truman
City
KEY WEST
Off Shore Island
No
Mile Marker
1
Marathon Neighborhood
N/A
Side
Median
Flood Zone
X
Alternate Key #
1016802
Parcel #
00016410-000000
Zoning
HRCC - Historic Residential Commercial Core
Legal
KW PT LOT 2 SQR 4 TR 4 D2-542 OR678-667/69 OR880-86 OR1057-534/35 OR1270-1217/18 OR1361-579/82 OR1377-1181 OR1541-367/69
Taxes
63608.89
Tax Year
2023

Contract Information

Listing Board
Key West Association
Limited Representation
No
As is Rght to Inspct
Yes
For Sale/Lease
For Sale
Potential Short Sale
No
Bank Owned
No
Species List
No

General Property Description

Realtor.COM Type
Commercial
Style
Commercial
Lot SqFt
33873
Waterfront
No
Business Name
Paradise Inn
Off Street Parking
Yes
# Stories
2
Total # Buildings
6
Building SqFt
10305
SqFt Source
Property Data Card
Living Apx SqFt
10305
Total Units
18
Year Built
1995
Control Depth
0

Status Change Info

Sold Date
2025-07-23

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No

Financial Status

Bank Owned
No
Potential Short Sale
No

More Information

Remarks & Misc

Remarks – Consumer
The Paradise Inn, with its subtle luxury and Bahamian charm, is situated in the center of Old Town Key West only a short walk or bicycle ride from the shops at Mallory Square, Duval Street, The Ernest Hemingway Home, and The Key West Butterfly Conservatory. The Hotel features an upscale amenity base including spacious gardens filled with exotic flora, a fountain-fed pool, jacuzzi, complimentary breakfast, daily wine & cheese happy hour, and 24-hour coffee. Ownership also owns a two-story building next to Paradise, on 817 Simonton Street, where there is a fully renovated 2BR/1BA apartment, with private balcony, and washer and dryer on the second floor. On the first floor there is a commercial space that is currently leased out as a SPA. There are also six parking spaces at this Property.

Type

Hotel/Motel
Yes

Fee Includes

None
Yes

Dockage

None
Yes

Waterfront

None
Yes

Waterview

No Waterview
Yes

Construction

Frame
Yes

Land Size

1/2 - Less Than 1 AC
Yes

Utilities

FKAA
Yes
Municipal Sewer
Yes

Property Features

Type: Hotel/Motel Waterfront: None Waterview: No Waterview Dockage: None Utilities: FKAA; Municipal Sewer Construction: Frame Land Size: 1/2 - Less Than 1 AC Fee Includes: None
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: July - 23 - 2025
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.