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    Key West, FL Commercial Real Estate for Sale

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    Mixed-Use Property with Six Storefronts
    Updated: Jul 13
    Mixed-Use Property with Six Storefronts

    218 Whitehead Street, Key West, FL 33040

    $4,200,000
    7,755 sqft 0.16 AC lot
    Approximately 7,755 square feet on 0.16 acres
    Six commercial storefronts plus a three‑bedroom, two‑bath apartment
    Corner position at Whitehead Street and Front Street
    Adjacent to the Mel Fisher Maritime Museum and across from the Audubon House
    Separate utility meters for commercial and residential components
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    Five-Office Commercial Unit
    Updated: Aug 18
    Five-Office Commercial Unit

    1421 First Street, Key West, FL 33040

    $599,000
    1,160 sqft 0.06 AC lot
    1,160 SF commercial condominium office unit
    Five private offices plus one restroom
    CL - Limited Commercial zoning
    CBS construction
    Built in 1948
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    Three-Unit Mixed-Use Property
    Three-Unit Mixed-Use Property

    1200-1206 White Street, Key West, FL 33040

    $1,489,000
    3,380 sqft

    Commercial condominium offering with established occupants, one vacant unit, and flexible office, retail, service, and restaurant use potential.

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    See what stands out in Monroe County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Five-Office Commercial Condominium Unit
    Five-Office Commercial Condominium Unit

    1421 First Street, #2, Key West, FL 33040

    $599,000
    1,160 sqft

    Professional office condominium with five private offices, a restroom, and a flexible working layout.

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    End-Unit Storefront Condo
    End-Unit Storefront Condo

    1206 White Street, Key West, FL 33040

    $579,000
    1,389 sqft

    Commercial condominium with central air, one assigned parking space, and hurricane-rated windows and doors.

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    Single-Story Office Building
    Single-Story Office Building

    701 Simonton Street, Key West, FL 33040

    $1,850,000
    1,745 sqft 0.15 AC lot

    Single-story office building with five private offices, central A/C, and multiple off-street parking spaces on a corner lot.

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    Updated Corner Office Unit
    Updated Corner Office Unit

    1200 White Street, Key West, FL 33040

    $569,000
    1,169 sqft

    First-floor commercial condo with impact-rated windows, assigned parking, and an existing tenant in place.

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    Single-Story Corner Office Building
    Single-Story Corner Office Building

    701 Simonton Street, Key West, FL 33040

    $1,850,000
    1,745 sqft 0.15 AC lot

    Single-story corner office building with private offices, reception, central air, and drive-through parking.

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    Upgraded Storefront Condo
    Upgraded Storefront Condo

    1075 Duval Street, Key West, FL 33040

    $479,000
    648 sqft

    Fully leased commercial unit with central air and covered garage parking.

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    Storefront Retail Condo
    Storefront Retail Condo

    1202 White Street, Key West, FL 33040

    $479,000
    892 sqft

    In-place tenancy, assigned parking, and historic neighborhood commercial zoning add practical flexibility for a commercial user.

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    Five-Office Commercial Condominium
    Five-Office Commercial Condominium

    2-1421 1st St, Key West, FL 33040

    $599,000
    1,160 sqft

    Unit 2 offers a professional office layout with private rooms, a restroom, and flexible commercial use potential.

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    Mixed-Use White-Box Space
    Mixed-Use White-Box Space

    3201 Flagler Avenue, Key West, FL 33040

    $749,000
    1,491 sqft 0.71 AC lot

    White-box commercial space allows buyers to configure the interior for professional, medical office, or retail operations.

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    Six-Unit Bed And Breakfast
    Six-Unit Bed And Breakfast

    223 Eanes Lane, Key West, FL 33040

    $6,999,000
    1,630 sqft 0.12 AC lot

    Licensed transient lodging with private baths, tropical landscaping, and an outdoor pool.

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    White Box Commercial Suite
    White Box Commercial Suite

    3201 Flagler Avenue, #STE 507, Key West, FL 33040

    $749,000
    1,491 sqft

    Under-construction suite with white-box delivery, ADA access, ample parking, and flexibility to split into two units.

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    Renovated Two-Story Office Building
    Renovated Two-Story Office Building

    3140 Northside Drive, Key West, FL 33040

    $1,200,000
    2,045 sqft

    Flexible office configuration includes a medical practice, additional office units, bathrooms, and a kitchenette.

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    Key West Office Condo Investment
    Key West Office Condo Investment

    3718 N Roosevelt Boulevard, Key West, FL 33040

    $599,000
    1,133 sqft 0.03 AC lot

    Fully leased office condo with strong tenant and ocean view.

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    Downtown Restaurant and Bar
    Downtown Restaurant and Bar

    404 Southard Street 2, Key West, FL 33040

    $3,295,000
    4,892 sqft

    Large restaurant and bar currently leased, with a rebuild date of 2005 and more than three years remaining.

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    Historic Three-Unit Storefront Property
    Historic Three-Unit Storefront Property

    718 - 720 Caroline Street, Key West, FL 33040

    $1,995,000
    3,424 sqft

    Historic commercial building with multiple occupied units suited to retail or street-front business operations.

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    Self-Storage Facility with Containers
    Self-Storage Facility with Containers

    Key West, FL 33040

    $3,500,000
    6,912 sqft 0.52 AC lot

    Newer self-storage facility with climate-controlled units, gated lot, elevator, and approved external stackable containers.

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    Two-Unit Office Condominium
    Two-Unit Office Condominium

    1421 First Street, Key West, FL 33040

    $1,250,000
    0.06 AC lot

    Adjoining commercial condominium units combine leased income with a multi-office configuration and outdoor patio improvements.

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    Office Condo with Private Balcony
    Office Condo with Private Balcony

    1010 Kennedy Drive, #307, Key West, FL 33040

    $349,000
    2,058 sqft

    3rd-floor office condo with two entrances, an open layout, kitchenette, and a private balcony for client-ready workflow.

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    Restaurant Condo with 100 Seats
    Restaurant Condo with 100 Seats

    1075 Duval Street, Key West, FL 33040

    $1,399,000
    1,592 sqft

    Combined commercial condominium space configured for restaurant use with central air and two bathrooms.

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    Old Town Office Condo For Sale
    Old Town Office Condo For Sale

    812 Fleming Street, #2, Key West, FL 33040

    $415,000
    665 sqft

    Turnkey 665 SF commercial condo in Old Town.

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    Corner Bar and Covered Outdoor Bar
    Corner Bar and Covered Outdoor Bar

    1000 Truman Avenue, Key West, FL 33040

    $2,699,000
    2,396 sqft 0.27 AC lot

    CBS corner property zoned HNC(1-3) with indoor bar, covered outdoor bar, and off-street parking.

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    Key West, FL Commercial Real Estate Market Trends and Statistics

    Explore 120 commercial real estate for sale in Key West, FL, showcased through 120 active listings on our real estate platform. These investment opportunities span a total of 274,649 square feet of properties for sale, with an estimated market value of $170,274,298.

    Sale prices for business properties in Key West, FL start at $55,000, averaging $2,051,497, and reaching up to $20,350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 36K
    Population Growth (5Y) +3.8%
    Median Household Income $79,038
    College Educated 17.6%

    High-Yield Neighborhoods for Investment

    Identify Key West submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    33040 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 0.71%
    Property Tax per SF $10.90 per SF
    Tax Rate vs County Average 0.03 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Monroe County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Key West, FL

    • 33040

    Featured Key West Real Estate Agencies

    Realmo connects you with licensed Key West CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Berkshire Hathaway Keys Real Estate | Knight & Gardner Realty
    336 Duval St Key West, FL 33040
    Phone: 13052945155
    www.keysrealestate.com
    Truman & Co. Real Estate Services
    1205 Truman Avenue Key West, FL 33040
    Phone: 13052922244
    www.trumanandcompany.com

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