Key West, FL Commercial Real Estate for Sale

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Stock Island, FL Summerland Key, FL Big Pine Key, FL Cudjoe Key, FL
102 properties
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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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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

Corner commercial property with five private offices, reception space, storage, and off-street parking.

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Storefront Property with Unused Second Floor
Storefront Property with Unused Second Floor

418 Applerouth Lane, Key West, FL 33040

$1,200,000
1,318 sqft

Real estate offering in the transient license zone, with an unused second floor and no business included.

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Three-Unit Mixed-Use Property
Three-Unit Mixed-Use Property

1200-1206 White Street, Key West, FL 33040

$1,475,000
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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End-Unit Storefront Condo
End-Unit Storefront Condo

1206 White Street, Key West, FL 33040

$575,000
1,389 sqft

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

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Updated Corner Office Unit
Updated Corner Office Unit

1200 White Street, Key West, FL 33040

$530,000
1,169 sqft

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

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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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Storefront Retail Condo
Storefront Retail Condo

1202 White Street, Key West, FL 33040

$445,000
892 sqft

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

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

701 Simonton St, 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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Mixed-Use Property with Storefront
Mixed-Use Property with Storefront

1011 Whitehead Street, Key West, FL 33040

$3,795,000
2,024 sqft 0.03 AC lot

Three furnished one-bedroom residences feature individual kitchens and transient rental licenses.

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Retail Condominium
Retail Condominium

1012 Truman Avenue, Key West, FL 33040

$439,000
718 sqft 3,490.99 AC lot

Updated flooring, interior paint, and a renovated bathroom complement this flexible commercial space.

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

3140 Northside Drive, Key West, FL 33040

$1,200,000
2,045 sqft

Flexible professional property with medical and office configurations, durable exterior upgrades, and central air conditioning.

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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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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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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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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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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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Restaurant Business with Outdoor Seating
Restaurant Business with Outdoor Seating

1000 Eaton Street, Key West, FL 33040

$35,000
989 sqft 0.09 AC lot

The offering includes seller-owned restaurant equipment and furnishings, with a lease transfer subject to landlord approval.

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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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Oceanfront Duplex Property
Oceanfront Duplex Property

1430 Vernon Avenue, Key West, FL 33040

$9,888,000
2,071 sqft 0.20 AC lot

Two-story property with HCT zoning, separate electric meters, and direct ocean frontage.

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Key West, FL Commercial Real Estate Market Trends and Statistics

Explore 102 commercial real estate for sale in Key West, FL, showcased through 102 active listings on our real estate platform. These investment opportunities span a total of 118,349 square feet of properties for sale, with an estimated market value of $164,598,398.

Sale prices for business properties in Key West, FL start at $35,000, averaging $2,007,297, 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 $1.8M

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)

Average Property Price per SF

For-sale Residential Income pricing trends in Monroe County

Residential Income

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