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Ad #7780696
MLS #620044
Listing photo

Where Prohibition-Era Legend Meets Modern Key West Hospitality

1117 Duval St, Key West, FL 33040
$9,950,000
7Beds
8Baths
--Sqft
0.08Acres

About this property

Where Prohibition-Era Legend Meets Modern Key West Hospitality. Historic Key West Boutique Inn on Duval Street | 7 Licensed Transient Accommodations. A rare opportunity to acquire one of Key West's most iconic hospitality properties, ideally positioned on world-famous Duval Street in the heart of Old Town. The offering includes the real estate and lodging operation of the renowned Speakeasy Inn, featuring 7 licensed transient accommodations and a rich history deeply woven into the fabric of Key West's colorful past. Originally owned by legendary rum-runner Raul Vasquez during the Prohibition Era, the property served as a hub for the importation of spirits from Cuba into Key West. The home remains one of only a handful of residences in Key West with a basement, historically utilized to conceal smuggled rum during the 1920s and early 1930s. Distinctive architectural details, including the property's famous Cuban-imported porch balustrades depicting liquor bottles and playing-card symbols, stand today as enduring reminders of its fascinating past. Over the past several years, ownership has undertaken an extensive renovation program throughout the inn. All guest accommodations have been thoughtfully updated with new bathrooms, furnishings, interior and exterior paint, modern mini-split air conditioning systems, and significant capital improvements including a new roof and gutter system completed within the past 3 years. The result is a turnkey boutique lodging property that seamlessly blends historic Key West character with contemporary guest expectations. Located steps from the Southernmost Point, beaches, galleries, restaurants, and nightlife, the property enjoys exceptional year-round tourism demand and benefits from valuable transient licensing in one of Florida's most supply-constrained lodging markets. As an additional benefit to investors, current ownership intends to lease back & continue operating the Rum Bar located on the ground floor. *Seller is FL Realtor

Property Features

7 Beds
8 Baths
0 Sqft
Built in 1943
0.08 Acres
2 Stories
Beachview
Siding: Frame
Metal Roof
$48,452 / yr property tax
Monroe County
Old Town - Unlisted (1) Community

Additional Photos

Additional listing photo 1
Additional listing photo 2
Additional listing photo 3
Additional listing photo 4

Contact Information

The Spottswood Team

Truman & Co. Real Estate Services

305-432-4848

Location

Map
Listing Agent: The Spottswood Team 305-432-4848
Broker: Truman & Co. Real Estate Services 305-292-2244 Listing Site
Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 11, 2026

Photo Gallery

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$9,950,000

7
Beds
8
Baths
--
Sqft

1117 Duval St, Key West, FL 33040

By contacting this agent you agree to these Terms and Conditions.
Home Florida Key West
Where Prohibition-Era Legend Meets Modern Key West Hospitality - photo 1
Where Prohibition-Era Legend Meets Modern Key West Hospitality - photo 2
Where Prohibition-Era Legend Meets Modern Key West Hospitality - photo 3
Where Prohibition-Era Legend Meets Modern Key West Hospitality - photo 4
Where Prohibition-Era Legend Meets Modern Key West Hospitality - photo 5
MLS# 620044
Commercial For Sale

Where Prohibition-Era Legend Meets Modern Key West Hospitality

$9,950,000

1117 Duval St, Key West, FL 33040

7
Beds
8
Baths
--
Sqft
0.08
Acres
$9,950,000
1117 Duval St, Key West, FL 33040
7 Beds
8 Baths
-- Sqft
0.08 Acres
Where Prohibition-Era Legend Meets Modern Key West Hospitality. Historic Key West Boutique Inn on Duval Street | 7 Licensed Transient Accommodations. A rare opportunity to acquire one of Key West's most iconic hospitality properties, ideally positioned on world-famous Duval Street in the heart of Old Town. The offering includes the real estate and lodging operation of the renowned Speakeasy Inn, featuring 7 licensed transient accommodations and a rich history deeply woven into the fabric of Key West's colorful past. Originally owned by legendary rum-runner Raul Vasquez during the Prohibition Era, the property served as a hub for the importation of spirits from Cuba into Key West. The home remains one of only a handful of residences in Key West with a basement, historically utilized to conceal smuggled rum during the 1920s and early 1930s. Distinctive architectural details, including the property's famous Cuban-imported porch balustrades depicting liquor bottles and playing-card symbols, stand today as enduring reminders of its fascinating past. Over the past several years, ownership has undertaken an extensive renovation program throughout the inn. All guest accommodations have been thoughtfully updated with new bathrooms, furnishings, interior and exterior paint, modern mini-split air conditioning systems, and significant capital improvements including a new roof and gutter system completed within the past 3 years. The result is a turnkey boutique lodging property that seamlessly blends historic Key West character with contemporary guest expectations. Located steps from the Southernmost Point, beaches, galleries, restaurants, and nightlife, the property enjoys exceptional year-round tourism demand and benefits from valuable transient licensing in one of Florida's most supply-constrained lodging markets. As an additional benefit to investors, current ownership intends to lease back & continue operating the Rum Bar located on the ground floor. *Seller is FL Realtor
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Property Details

HOME DETAILS

7 Beds
8 Baths
0 Sqft
Built in 1943
0.08 Acres
2 Stories

BEACH & VIEW

Beachview

EXTERIOR

Siding: Frame
Metal Roof

FINANCIAL & COMMUNITY

$48,452 / yr property tax
Monroe County
Old Town - Unlisted (1) Community
See More Details

Location

Map
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Ad Statistics

Ad Number
7780696
Viewed
91 times
Listing Status
Active
Added
May 26, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM

Listing Information

Data Source
Key West Association of Realtors
Source Property ID
620044
Listing Agent: The Spottswood Team 305-432-4848
Broker: Truman & Co. Real Estate Services 305-292-2244 Listing Site
Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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SEARCH STATES
Alabama Alaska California Connecticut Delaware Florida Georgia Hawaii Louisiana Maine Maryland Mississippi New Hampshire New Jersey New York North Carolina Oregon Pennsylvania Rhode Island South Carolina Texas Virginia Washington
SERVICES
Buy Buy Advertise
COMPANY
Testimonials About Us Office Locations
SUPPORT
Help Contact Us
ADDITIONAL MARKETS
LakeHouse.com MountainHomes.com GolfHomes.com BarrierFreeHome.com
SUBSCRIBE
Receive notifications for new listings
Subscribe
X Facebook Instagram YouTube

Dream Home Network Inc.

is committed to ensuring digital accessibility and property listings for individuals with disabilities. All information provided is deemed reliable but is not guaranteed and should be independently verified. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please let us know.

Dream Home Network Inc. Sells leads to DHN Realty Inc. who holds real estate brokerage licenses in Alabama. Listing agents will be sent notification copy of leads on their listings where Dream Home Network Inc. is provided listings via our Feed Provider as required.

© 1997 - 2026 BeachHouse.com
Part of Dream Home Network, Inc.
Last updated on 2026.08.11
Terms & Policy