718 South Street, Key West, FL 33040

$7,600,000
21
BD
List Price
$7,600,000

Property Description

The Seashell Motel & Hostel is located in the Casa Marina Area of Key West. This 21 bedroom property has 17 transient licenses and is a short walk from world famous Duval Street and the Southernmost Point. Located at the corner of South Street and William Street sit the four buildings totaling over 7,300 SF on a 13,744 SF lot. The lodging market has enjoyed a boom over the past decade in Key West in large part by local government marketing efforts and barriers to entry that are unprecedented in the State of Florida.

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Listing courtesy of Berkshire Hathaway Knight & Gardner Realty.