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Hotels Near Margaritaville Key West: Where to Stay on Duval Street

Planning a trip to Key West and want to stay close to the action? The best hotels near Margaritaville Key West put you steps from the iconic bar and restaurant at 500 Duval Street, the spot that helped define the island’s legendary laid-back spirit. Whether you’re a lifelong Parrothead or simply drawn to the music, the frozen concoctions, and the salt-air atmosphere, nothing beats rolling out of bed and walking a few steps to one of the most famous restaurants in Florida. The properties below are the closest hotels to Margaritaville Key West, all sitting on or just off Duval Street in the heart of Old Town.

La Concha Resort on Duval Street, the closest luxury hotel to Margaritaville Key West
La Concha Resort | 430 Duval St

When it comes to hotels near Margaritaville Key West, it doesn’t get closer than La Concha Resort. Sitting at 430 Duval Street, less than a block from Margaritaville’s front door, this historic six-story property is the tallest hotel on the island and earns a mention in the opening lines of Hemingway’s To Have and Have Not. Today it operates as a full-service luxury resort with a rooftop pool and sweeping views of Key West Harbor. Watch the sunset from the Top of La Concha terrace with a margarita in hand, then stroll less than a minute to catch live music at Margaritaville. For travelers who want luxury, history, and proximity all in one, La Concha is the top pick. Distance to Margaritaville: under 1 minute on foot.

Pegasus Inn on Duval Street Key West, budget hotel steps from Margaritaville
Pegasus Inn | 501 Duval St

Budget-conscious travelers searching for hotels near Margaritaville Key West will love the Pegasus Inn. Positioned at the corner of Duval Street and Southard Street, this funky, no-frills property puts you directly in the center of everything, the Green Parrot, local dive bars, and Margaritaville are all within a few seconds’ walk. Soak up the sun on the rooftop pool deck by day and step outside into the heart of Duval Street nightlife by night. If you want the most central location at the most reasonable price, this is it. Distance to Margaritaville: 30 seconds on foot.

Heron House bed and breakfast on Simonton Street, walkable to Margaritaville Key West
Heron House | 512 Simonton St

Not every traveler wants to be directly on Duval Street and for those looking for a more relaxed stay among the hotels near Margaritaville Key West, Heron House is the answer. This beautifully restored bed and breakfast sits one block off Duval Street on quiet Simonton Street, offering a peaceful retreat without giving up walkability. The 23-room property features lush tropical gardens, a sparkling pool, and genuinely personalized service that larger hotels simply can’t replicate. Start your mornings with a leisurely breakfast, then spend your afternoons and evenings enjoying everything Duval Street has to offer including Margaritaville, just around the corner. Distance to Margaritaville: under 3 minutes on foot.

Marquesa Hotel boutique resort at Fleming and Duval Street, near Margaritaville Key West
Marquesa Hotel | 600 Fleming St

For travelers seeking boutique luxury among the hotels near Margaritaville Key West, the Marquesa Hotel sets the standard. Housed in a meticulously restored Victorian mansion at the corner of Fleming Street and Duval Street, this celebrated property offers elegant rooms, beautifully landscaped pool courtyards, and an on-site restaurant and bar that consistently ranks among the finest on the island. The location is ideal because you’re at the very intersection of Duval Street, meaning Margaritaville, Mallory Square, the Hemingway Home, and Key West’s best dining are all within a short stroll. Understated luxury, a quiet atmosphere, and an unbeatable address. Distance to Margaritaville: 1–2 minutes on foot.

The Gardens Hotel Key West tropical pool and gardens, minutes from Margaritaville on Duval Street
The Gardens Hotel | 526 Angela St

One of Key West’s best-kept secrets, The Gardens Hotel is a few blocks off Duval Street but remains one of the most beloved hotels near Margaritaville Key West for travelers who want character over convenience. The sprawling estate property is filled with rare specimen trees, award-winning tropical gardens, and a serene pool that feels worlds away from the bustle of Duval Street. The outdoor bar serves exceptional mojitos during nightly live jazz happy hours an atmosphere more like a private club than a hotel lobby. Close enough to Margaritaville for a lively night out, quiet enough to sleep soundly after one. If you’ve never heard of The Gardens, you’re in for a treat. Distance to Margaritaville: 4–5 minutes on foot.

A Note for Parrotheads visiting Key West

Key West is the spiritual home of the Jimmy Buffett lifestyle, and no visit to the island is complete without spending time at Margaritaville. While the annual Parrotheads in Paradise Meeting of the Minds convention now takes place in Gulf Shores, Alabama each October, the Parrothead spirit is alive and well on Duval Street every single day of the year. Fury Water Adventures offers a popular Parrothead Sunset Sail featuring live trop-rock music, cocktails, and a stunning Key West sunset sail, a must-do experience for any fan making the pilgrimage. Pair it with a stay at one of the hotels near Margaritaville Key West listed above and you’ve got an unforgettable trip.

Mallory Square Key West sunset celebration, walking distance from hotels near Margaritaville Key West
Why Stay Near Margaritaville Key West?

Choosing one of the hotels near Margaritaville Key West means more than just proximity to a great bar and restaurant. Staying on or near Duval Street in Old Town puts you within walking distance of virtually everything worth seeing and doing in Key West:

Mallory Square and the legendary nightly Sunset Celebration — 10 minutes on foot
Ernest Hemingway Home and Museum — 5 minutes on foot
The Southernmost Point buoy — 15 minutes on foot
Key West Aquarium — 10 minutes on foot
Duval Street nightlife, dining, and live music — right outside your door
Key West Historic Seaport — 10 minutes on foot

When you stay near Margaritaville, you stay at the center of it all. No rental car, no shuttle, no planning, just step outside and start exploring.

Finding the right hotel in Key West comes down to one thing: location. The hotels near Margaritaville Key West listed on this page represent the best of what Duval Street and Old Town have to offer, from historic luxury resorts to charming bed and breakfasts to budget-friendly options right in the thick of it. However you like to travel, there’s a property here that fits. Book early, pack light and get ready for the kind of trip that Key West is famous for.

Book Here for the Best Available Hotel Rates
Key West Info partners directly with these properties to offer you their lowest guaranteed rates exclusively. We recommend securing your reservation here first and then contacting the property directly with any questions about your stay. Please note that our call center handles activity bookings for tours and experiences only and doesn’t have access to hotel reservation details.

Frequently Asked Questions: Hotels Near Margaritaville Key West

What hotels are closest to Margaritaville Key West?
The closest hotels are La Concha Resort (430 Duval St), Pegasus Inn (501 Duval St), and Marquesa Hotel (600 Fleming St), all within a 1–2 minute walk of Margaritaville at 500 Duval Street.

Where is Margaritaville located in Key West?
Jimmy Buffett’s Margaritaville Key West is at 500 Duval Street, Key West, FL 33040

Is there a Margaritaville hotel in Key West?
Yes. Margaritaville Beach House Key West (formerly Barbary Beach House) is at 2001 Roosevelt Blvd, about 1.6 miles from the Margaritaville restaurant. It offers waterfront rooms, a lagoon pool and a free shuttle to Old Town.

Can I walk to Margaritaville from La Concha Resort?
Yes. La Concha (430 Duval St) is less than a block from Margaritaville (500 Duval St). It’s the closest full-service hotel to the restaurant on the island.

Are there budget hotels near Margaritaville Key West?
Pegasus Inn (501 Duval St) is a budget-friendly option directly on Duval Street with a rooftop pool, steps from Margaritaville. Heron House (512 Simonton St), one block off Duval, is another affordable and charming choice.

Does Margaritaville Key West have happy hour?
Yes. Happy hour runs Monday–Friday, 5 PM–7 PM, with discounted drinks. The restaurant also features live music and an island-inspired menu daily from 11 AM.

What is the best area to stay in Key West to be near Margaritaville?
Stay in Old Town, on or near Duval Street. Hotels like La Concha, Marquesa, and The Gardens put you within a short walk of Margaritaville and all of Key West’s top attractions.

Is the Parrothead Meeting of the Minds still held in Key West?
No. The annual Parrotheads in Paradise convention relocated from Key West and is now held in Gulf Shores, Alabama each October. Key West remains the spiritual home of the Parrothead lifestyle year-round.

Have questions about a hotel reservation?
Book your room through Key West Info to access our partner rate — the best available price you’ll find. For questions about your reservation, amenities, or arrival details, reach out to the property directly. Our call center handles tours and experiences only and won’t have the information you need for hotel bookings.