Key West Guest House - Price Reduction

The asking price on the Frances Street Bottle Inn in Key West was just reduced to $2,450,000. The listing Realtor describes this eight room guest house this way:

"The Frances Street Bottle Inn is a well established guest house in the heart of old town Key West. The house has been lovingly restored and is a beautiful example of historic Key West architecture. There are eight lovely rooms, seven transient and one non-transient. In addition to the guest rooms there is a spacious lounge/dining room, an office/reception area and a wide porch where guests relax in the mornings and evenings and watch the world go by. Two of the guest room suites have living rooms and all have an outdoor space. Two of the guest rooms have brick patios. The guesthouse is perfectly located in the heart of old town within walking distance to everything."

One of the reasons visitors to Key West stay in guest houses as opposed to hotels is the building itself and the character of the proprietor.  Guests seem to love our old houses that have been transformed into small inns. They often love the people that own the guest houses or who work there. When that happens, those guests tend to return to the same place year after year. Some guests return multiple times during the year.

 I searched the Sanborn Fire Map for 1889 and found what I believe to be the main part of the current building now known as 1011 Southard Street.  I dug into the old shoebox and found a photo taken from the Frances Street side in 1965 with a notation that the building was built in the 1920s.  I think that is when the one story addition was constructed because the 1912 Sanborn Map did not show the addition.

The building's current structure has 2920 sq ft of living area under air conditioning. This does not include any of the deck areas.  The building sits on a 3445 sq ft lot (53' on Frances Street opposite Cafe Sole by 65' on Southard Street). There is no pool but there is space on the east side east side where a new owner might add a pool.

CLICK HERE to view the Key West mls datasheet and listing photos.  Please call me, Gary Thomas, 305-766-2642 to schedule a private showing of this property.  I am a buyers agent and a full time Realtor at Preferred Properties Key West. Let me help you find your place in Paradise.