This hostel is well located for exploring Key West. A kitchen and bike hires are available. I stayed in the HI dorms, which were $30 per night, which was very expensive, especially considering that I can only describe it as a ****hole. The female dorm has 5 bunk beds in a tiny, cramped room. Two steps from my bed and I was in the toilet, literally! There was one sink, one toilet, and one shower in minute cubicles (and I’m small). Beds are covered with plastic sheets.
I really would avoid this place if you can. However, that said, I didn't see the motel rooms, as they were much pricier, so possibly nicer. And when in Key West, you won't be spending much time indoors.