412 Frances Street, Key West, FL 33040

$11,500,000
Property Type: Commercial Sale Bedrooms: 15 Baths: 18 Lot Size (sq. ft.): 7,700 Status: Active
Current Price: $11,500,000 List Date: 3/31/2025 Last Modified: 9/25/2025

Description

Heron House Court presents a unique chance to own a boutique guesthouse in the heart of Old Town Key West. This historic gem has been well maintained through the years & offers 15 deluxe rooms (14 licensed transient rentals).The relaxed atmosphere, with its private porches and multiple decked lounging areas throughout creates a wonderful ambiance. Steeped in history, Heron House Court circa 1900, was originally built to house the workers of Flagler's famous overseas Railway & is listed on the national register of historic places. Perfectly situated just a short stroll from Duval Street's world-class dining, shopping, and nightlife, as well as the Historic Seaport boardwalk, this island retreat attracts a steady stream of visitors year-round. The island-style setting, lush tropical gardens, expansive covered porches, and serene heated pool, create an unforgettable Key West experience. Sold fully furnished and turnkey, this well-established business includes all equipment, booking software, and a proven rental history, ensuring a smooth ownership transition. Heron House Court is a rare and wonderful opportunity to own in one of the most sought-after locations in Key West with unlimited potential.

More Information MLS# 614404

Contract Information

Listing Board: Key West Association Limited Representation: No Potential Short Sale: No Bank Owned: No Current Price: $11,500,000 Listing Date: 2025-03-31 List Price: $11,500,000

Location, Tax & Legal

KW Neighborhood: Old Town-N of Truman City: KEY WEST Mile Marker: 1 Marathon Neighborhood: N/A Side: Median Flood Zone: AE Alternate Key #: 1005304 Add'l Parcel #1: 00005190-000000 Parcel #: 00005120-000000 Zoning: HMDR - Historic Medium Density Residential Legal: KW PT LOT 2 SQR 32 G73-494/95 OR477-754/55 OR956-1061 OR978-1404 OR984-211 OR1133-1040/42 OR1133-1043/44 OR1133-1045/47 Taxes: 38270 Tax Year: 2024 Street #: 412 Street Name: Frances Street Suffix: Street Key/Island: Key West State/Province: FL Zip Code: 33040 Subdivision: Old Town - Unlisted (1.0) County: Monroe Area: 02 - Key West

General Property Description

Realtor.COM Type: Commercial Waterfront: No Control Depth: 0 Lot Size: 100' x 80' Lot SqFt: 7700 Business Name: Heron House Court Total Units: 15 # Stories: 2 SqFt Source: Property Data Card Total # Buildings: 2 Building SqFt: 5731 Style: Commercial Year Built: 1929 Total Bedrooms: 15 Full Baths: 15 Half Baths: 3 Total Baths: 18

Remarks & Misc

Remarks – Consumer: Heron House Court presents a unique chance to own a boutique guesthouse in the heart of Old Town Key West. This historic gem has been well maintained through the years & offers 15 deluxe rooms (14 licensed transient rentals).The relaxed atmosphere, with its private porches and multiple decked lounging areas throughout creates a wonderful ambiance. Steeped in history, Heron House Court circa 1900, was originally built to house the workers of Flagler's famous overseas Railway & is listed on the national register of historic places. Perfectly situated just a short stroll from Duval Street's world-class dining, shopping, and nightlife, as well as the Historic Seaport boardwalk, this island retreat attracts a steady stream of visitors year-round. The island-style setting, lush tropical gardens, expansive covered porches, and serene heated pool, create an unforgettable Key West experience. Sold fully furnished and turnkey, this well-established business includes all equipment, booking software, and a proven rental history, ensuring a smooth ownership transition. Heron House Court is a rare and wonderful opportunity to own in one of the most sought-after locations in Key West with unlimited potential. Directions: Corner of Frances Street & Elgin Lane

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

License Info

# of Transient Licns: 14

Type

Hotel/Motel: 1

Fee Includes

None: 1

Dockage

None: 1

Appliances

Dryer: 1 Washer: 1

Cooling

Ceiling Fans(s): 1 Wall/Window Unit(s): 1

Waterfront

None: 1

Waterview

No Waterview: 1

Interior Features

Furnished: 1 Laundry Room: 1

Windows/Doors

French Doors: 1

Construction

Frame: 1

Land Size

Less Than 1/4 Acre: 1

Utilities

Buyer to Verify: 1 FKAA: 1 Municipal Sewer: 1

Property Rights

Transient License: 1

Miscellaneous

Fencing: 1 High Visibility: 1 Lobby: 1 Patio: 1 Pool: 1

Roof

Metal Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Status: Active

Property Features

Type: Hotel/Motel Waterfront: None Waterview: No Waterview Dockage: None Cooling: Ceiling Fans(s); Wall/Window Unit(s) Utilities: Buyer to Verify; FKAA; Municipal Sewer Interior Features: Furnished; Laundry Room Appliances: Dryer; Washer Miscellaneous: Fencing; High Visibility; Lobby; Patio; Pool Construction: Frame Roof: Metal Roof Land Size: Less Than 1/4 Acre Fee Includes: None Property Rights: Transient License
Listing Office: Truman & Co. (KW)
Last Updated: September - 25 - 2025
Broker Attribution: 305-587-3407

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