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$9,500,000
412 Frances Street
Key West, FL 33040
MLS# 614404
Status: Closed
15 beds  |  18 baths


Well established guesthouse in Old Town Key West!
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Well established guesthouse in Old Town Key West! 15 guest rooms Heron House Court Corner of Frances St. & Elgin Ln. Lobby Front Desk Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court Heron House Court

Property 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.

Details
Maps
Contract Information
Current Price: $9,500,000
Listing Date: 2025-03-31
Listing Board: Key West Association
Leased Price Monthly: $9,500,000
Limited Representation: No
Potential Short Sale: No
Bank Owned: No
Location, Tax & Legal
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
Style: Commercial
Lot Size: 100' x 80'
Lot SqFt: 7700
Waterfront: No
Business Name: Heron House Court
# Stories: 2
Total # Buildings: 2
Building SqFt: 5731
SqFt Source: Property Data Card
Total Units: 15
Year Built: 1929
Total Bedrooms: 15
Full Baths: 15
Half Baths: 3
Total Baths: 18
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
# of Transient Licns: 14
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Under Contract Date: 2026-03-19
Leased Date: 2026-06-05
Leased Price Monthly: $9,500,000
Status: Closed
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: June - 08 - 2026

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Broker Attribution: 305-587-3407