419 Amelia StKey West, FL 33040

This exceptional Key West property, located in Old Town, offers a unique investment opportunity. The established guesthouse, known as Douglas House, comprises five interconnected buildings on five lots, boasting dual street access from Amelia and Virginia Streets. The 7,616 square foot property features 15 licensed transient accommodations, a valuable 5-COP liquor license, and a significant added benefit: a separate parking lot at the corner of Amelia and Whitehead Streets. Renovated in 2007, the two-story inn maintains pristine condition and offers a variety of room types, from cozy queen rooms to expansive suites with bars and kitchens. Many suites include private porches or balconies overlooking the lush, tropical pool and bar area. Amenities include a swimming pool, bar, off-street parking, and relaxing garden spaces. Complimentary Wi-Fi and tea/coffee service enhance the guest experience. The property's prime location places it steps from Duval Street and within walking distance of renowned attractions like the Ernest Hemingway House and Mallory Square. The asking price is $13,500,000, reflecting a price per square foot of $1,772.58. The permitted zoning is HMDR, and the lot size is 15,969 square feet. This turnkey operation presents a compelling opportunity for a savvy investor seeking a high-return hospitality asset in a highly desirable location.