The Grand Guesthouse $2,595,000

This classic Key West Inn exudes charm in an Un-touristy part of the Historic District. Just 5 blocks from Duval Street and 5 blocks from the beach, it's easy to get around. Sparkling clean and comfortable, it has excellent occupancy rates and very good numbers. Transient licensed, 10 rooms and a 2 bedroom owners/managers apartment. An an environmentally conscious establishment, The Grand is certified as a Green Lodging property by the Florida DEP. Also the recipient of Superior Small Lodging's "White Glove Award" for attention to cleanliness. Rates include a continental breakfast.

Details

  • Built in 1938
  • 14 years as B&B
  • Last renovation in 1998
  • MLS #115383
  • 10 Guest Rooms
  • 10 Guest Bathrooms
  • Lot size: 0.90 acres
  • 6 Parking Spots
  • Has owner's quarters
  • $2,595,000
  • 84.20% annual. occ. rate
  • $178.42 avg daily rate
  • $550,000 gross revenue
  • $550,000 room revenue

Listing Agent

Lynn Kaufelt, Truman & Company Real Estate Services
1205 Truman Ave.
Key West, FL 33040
Phone: (305) 292-2244
 email: LynnKaufelt@gmail.com

Location

1116 Grinnell St Key West, FL 33040

Photos (click to enlarge)

The Grand Guesthouse, a classic Key West Inn, exudes Key West charm by means of a bed and breakfast style in a totally un touristy Old Town Key West neighborhood. If you prefer a good night's sleep over the noise of Duval St., but you want to be within easy walking distance to shops, restaurants, museums, art galleries, beaches, The Southernmost Point, and Hemingway's House, you'll love our location. We're just 5 short blocks to the beach or Duval Street.
Relax on the patio, hang around in the hammock, just take it easy. Our tropical Grand Guesthouse rooms are comfortable, sparkling clean, and all have private bathrooms and entrances. Queen beds, A/C and ceiling fans, cable TV, phone service with free domestic long distance, iPod, iPhone and CD players, a small refrigerator and are non-smoking.
Our suites feature a queen bedroom which opens into a separate dining and seating area with a kitchenette. We also have free parking and high speed wireless internet. Because we are a Key West Bed and Breakfast, our rates include our expanded continental breakfast, featuring bagels, english muffins, jams and jellies, cream cheese, coffee, teas, flavored creamers, hard boiled eggs, fresh fruit, yogurt, a sweets tray, orange juice and a selection of cereals.

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