Above The Fold

Above The Fold

BREAKING: Iconic Pier House Resort Under Contract for $190 Million; Records Link Buyer to Sixth Street Partners

Key West landmark built by David Wolkowsky in 1967 — where Jimmy Buffet got his start — would sell for more than double what current owner paid a decade ago. Could it become a Margaritaville?

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Above The Fold
Jul 22, 2026
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The Pier House Resort and Spa is under contract for more than 41 times what founder David Wolkowsky sold it for in the late ‘70s. / CONTRIBUTED

KEY WEST — The Pier House Resort & Spa, the 142-key oceanfront hotel that anchors the foot of Duval Street, is under contract to sell for $190 million — and corporate records reviewed by Above the Fold reveal the…

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