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The Southernmost Inn 525 United St 38 Room Hotel Key West, FL 33040 $20,350,000 ($535,526/Room)
EXECUTIVE SUMMARY
Located at 521 United Street, the Southernmost Inn was originally built in the 1800s as a Francisco Marrero cigar factory. With much of the old cigar factory features restored, the award-winning transformation allowed the old Key West designs to live on throughout a modern-day establishment. The Southernmost Inn offers 38 newly renovated rooms featuring modern interiors with a classic neo-colonial design. All guestrooms feature en-suite bathrooms, flat screen TVs, and colonial wooden blinds. The Boutique also boasts a gorgeous outdoor common area with lush gardens, two pools, one jacuzzi, a bar (currently closed), and a relaxing dining area.
PROPERTY FACTS
| Price | $20,350,000 | Building Size | 12,183 SF |
| Price Per Room | $535,526 | No. Rooms | 38 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1989/2020 |
| Property Subtype | Hotel | Parking Ratio | 6.67/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 0.50 AC | ||
| Zoning | HRCC3 | ||
| Price | $20,350,000 |
| Price Per Room | $535,526 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.50 AC |
| Building Size | 12,183 SF |
| No. Rooms | 38 |
| No. Stories | 3 |
| Year Built/Renovated | 1989/2020 |
| Parking Ratio | 6.67/1,000 SF |
| Corridor | Interior |
| Zoning | HRCC3 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Hot Tub
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 9 | $559.00 | - |
| Guest Room | 29 | $521.00 | - |
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Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (81)
PROPERTY TAXES
| Parcel Number | 00028870-000000 | Improvements Assessment | $7,134,123 |
| Land Assessment | $7,134,123 | Total Assessment | $14,268,246 |
PROPERTY TAXES
Parcel Number
00028870-000000
Land Assessment
$7,134,123
Improvements Assessment
$7,134,123
Total Assessment
$14,268,246
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The Southernmost Inn | 525 United St
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