Resort and Restaurant for Sale in 521-531 United Street, Key West, Florida, USA

Pearl's Rainbow, the Largest Guesthouse Resort in Key West!

Pearl's Rainbow is a distinctive guesthouse resort and is the largest guesthouse property in Key West, Florida – and the only one currently on the market with a licensed bar serving guests and non-guests alike. This multi-award winning, renovated, historic resort is complete with 38 transient-licensed rooms and suites. The compound contains two commercial swimming pools, two outdoor hot tubs and extensive decking in a lush tropical setting. The Strand, Pearl’s restaurant, serves full breakfasts out of its commercial kitchen, and Pearl's Patio serves delicious grilled meals and snacks. The Patio is one of the few tropical bars located inside a guesthouse resort with outdoor seating. The full liquor license adds great value and opportunities and is a rarity among guesthouses in Key West. The five separate historic buildings have a wonderful ambiance, many with Dade County Pine, and offer interesting options for the savvy hotelier. There is off-street parking for four cars, and room for numerous scooters and bicycles. This magnificent property has been lovingly restored and earned a coveted gold star for historic rehabilitation.