Visitors spend $3.5 billion a year in the Florida Keys, and a healthy share of it funnels onto Key West’s Duval Street by sundown. Between Mallory Square and the late-night bar crawl, the island that taught generations of travelers to slow down rarely takes its own advice.

Travelers craving the Key West pictured on postcards might be better off heading elsewhere. Just across the Cow Key Channel bridge, Stock Island’s docks still belong to fishing boats and charter crews. The Perry Hotel & Marina Key West sits right in the middle of that working waterfront.
Stock Island lies just east of Key West but has little in common with the Old Town crowds that fuel the Keys’ visitor spending. “You’re close enough to enjoy everything in Old Town, but the pace here is different,” said Troy Talpas, general manager of The Perry. “There’s a greater sense of serenity on Stock Island, with fewer distractions and more opportunities to slow down and truly unwind.”
The 100-room hotel is about 15 minutes from downtown Key West, far enough away to leave the noise behind. Two pools and two restaurants share the property with the marina, so guests can spend a full day without going downtown.
A slower pace on Stock Island
Talpas says the hotel attracts a particular kind of traveler. “We’re a good fit for people who like having options without feeling like they need to do everything,” he said.
He points to Stock Island itself as a major reason. “There’s an authenticity here that feels a little harder to find in the more tourist-driven areas of Key West,” he said.
Life on a working waterfront
Architectural Digest named The Perry one of the best-designed new hotels of 2017, the year it opened. In 2024, it earned a Michelin Key in the first year the hotel distinction existed. Michelin’s inspectors called the working marina a natural first choice for anyone designing a Florida Keys hotel.
The hotel claims its marina is the largest deep-water marina in the Florida Keys. It holds 288 wet slips and handles vessels up to 300 feet long with a maximum draft of 18 feet.
Some guests arrive aboard yachts, while others head out with local captains for a day of fishing. “The marina is a big part of what makes this place feel like Stock Island,” Talpas said.
“You might have someone stepping off a multimillion-dollar yacht sitting next to a local boat captain or dockworker, sharing a drink, a meal and stories from their day,” Talpas said. “There’s no pretense to it.”
Excursions that leave right from the dock
Johnny Vance, director of concierge services at Adventures Key West for The Perry, helps guests plan their time on the water. “The first question is usually, ‘Can we leave right from here?'” Vance said. “Once guests realize that, the conversation turns to sandbar trips, snorkeling expeditions, sunset cruises and world-class fishing.”
Snorkel trips head for the Florida Keys reef tract, the only living coral barrier reef in the continental United States. Vance points first-time visitors to the backcountry, an area of the Keys many tourists never see. “Everyone knows Duval Street and the sunset celebration, but there’s another side of Key West out among the mangrove islands and shallow, clear water,” Vance said.
Starting at the hotel also simplifies the morning, since Matt’s Stock Island Kitchen & Bar is next to the docks. “You can enjoy breakfast at Matt’s, walk out to the marina and start your adventure,” Vance said.
Vance doesn’t pretend the hotel’s trips are the cheapest option on the island. “Some downtown excursions can save you a few dollars, and we’re happy to help guests explore those options, too,” he said. “The difference is often the group size: some larger boats carry more than 100 passengers. Departing from our hotel offers the convenience of being steps from your room, with much smaller groups and a more personal experience on the water.”
Seafood with a Stock Island accent
Seafood anchors the menu at Matt’s, where executive chef Mark Miranda buys fish locally and from mainland Florida suppliers. His list includes Fish Busters in Key West and Fish’s Wholesale in Pompano Beach.
The restaurant’s “You Catch, We’ll Cook” program lets anglers hand their fish to the kitchen, and Miranda picks it as the dish that best represents the island. “Fishing is such a big part of life on Stock Island, and when somebody brings in a fish they caught that day, dinner already means something to them,” Miranda said. “You want to do that fish justice.”
Guests who come back empty-handed can order locally caught mahi with blue crab and corn succotash in a tomato cream sauce. For dessert, his Key Lime Bread Pudding folds Key lime pie filling and graham crackers into Cuban bread, topped with a scoop of coconut gelato.
For a more casual meal, Salty Oyster Dockside Bar & Grill serves seafood beside the marina with live music. Both restaurants offer a daily happy hour, so guests can settle in for a drink without heading downtown.
Getting to Old Town and back
Staying outside Old Town only works if it’s easy to get there. The hotel runs a free shuttle downtown every hour, and the last return trip leaves at 10:30 p.m., late enough to stay for sunset and dinner
The ride back crosses the same Cow Key Channel bridge that separates the two versions of Key West. Duval Street keeps going well past dark, while the marina wakes up early as captains get boats ready for the day. “It’s a genuine, working waterfront where people from all walks of life come together, and even if you never get on a boat, that authentic sense of community becomes part of your experience here,” Talpas said.
Karee Blunt is a nationally syndicated travel journalist and creator of the travel blog Our Woven Journey. Karee enjoys sharing what she learns about places she visits, including history museums, unique things to do indoors and out, one-of-a-kind festivals and upscale dining and accommodations. She is the mother of six kids, including four through adoption, and lives with her family in the Pacific Northwest.