Key West, FL
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    Key West, FL Commercial Real Estate for Sale

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    Stock Island, FL Sugarloaf Key, FL Cudjoe Key, FL
    69 results
    New Mixed-Use Development in Key West
    $749,000
    1,491 SF
    New Mixed-Use Development in Key West

    3201 Flagler Avenue, Key West, FL 33040

    Commercial space in new mixed-use development, completion end of 2026.
    • Prime location in sought‑after Key West commercial corridor offering excellent visibility and foot traffic.
    • New construction, completion anticipated by the end of 2026, in a mixed‑use development. Benefit from built‑in foot traffic from 14 residential units.
    • Flexible space: two combined units (1,491 +/- sq. ft.) with two separate parcel IDs, allowing them to be split.
    • Delivered as a white box, allowing for customized build‑out to suit specific business needs.
    • Strong investment potential due to Key West's limited commercial inventory and rental demand.
    Updated: Feb 16
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    Key West Multi-Unit Investment
    $2,250,000
    3,876 SF
    Key West Multi-Unit Investment

    912 Pohalski Street, Key West, FL 33040

    Six legal apartments with parking in Key West's Old Town.
    • Prime multi‑unit property in Old Town with six legal apartments and six off‑street parking spaces.
    • High monthly gross rents of $14,500 with limited expenses.
    • Desirable unit mix: three 1bd/1ba, two 2bd/1ba, and one 3bd/1ba.
    • Each apartment has separate electric and water meters.
    • Located on a 3,598 sq ft lot with access from two streets (Pohalski St. and Havana Lane).
    Updated: May 29
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    Prime Corner Commercial Property, Key West
    $2,699,000
    2,396 SF
    Prime Corner Commercial Property, Key West

    Corner property with high visibility, multiple commercial uses allowed.

    1000 Truman Avenue, Key West, FL 33040

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    Established Fitness Center in Key West
    $495,000
    4,302 SF
    Established Fitness Center in Key West

    Turn-key fitness center in the heart of Old Town Key West.

    725 Caroline Street, Key West, FL 33040

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    Key West Ocean View Opportunity
    $9,888,000
    2,071 SF
    Key West Ocean View Opportunity

    Undeveloped property in Historic Commercial Tourist District with ocean views.

    1430 Vernon Avenue, Key West, FL 33040

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    Key West Commercial Opportunity
    $1,500,000
    1,436 SF
    Key West Commercial Opportunity

    Standalone commercial building in Old Town Key West with parking.

    604 Whitehead Street, Key West, FL 33040

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    Three-Unit Commercial Condo Investment
    $1,799,000
    Three-Unit Commercial Condo Investment

    Newly formed condo building with three commercial units, including one planned vacancy, in a historic neighborhood zoning district.

    1200-1206 White Street, Key West, FL 33040

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    Waterfront Key West Investment Opportunity
    $4,750,000
    3,788 SF
    Waterfront Key West Investment Opportunity

    Historic Key West property with multi-family and commercial potential.

    901 Eisenhower Drive, Key West, FL 33040

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    Deeded Boat Slip in Marina
    $949,000
    Deeded Boat Slip in Marina

    Deeded 55' boat slip with dockside water and electric, plus marina amenities including fuel docks and pump-out.

    951 Caroline Street, Key West, FL 33040

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    Historic Key West Boutique Inn
    $9,950,000
    0.08 Acres
    Historic Key West Boutique Inn

    Iconic hospitality property with 7 licensed transient accommodations.

    1117 Duval Street, Key West, FL 33040

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    Key West Office Condo Investment
    $599,000
    1,133 SF
    Key West Office Condo Investment

    Fully leased office condo with strong tenant and ocean view.

    3718 N Roosevelt Boulevard, Key West, FL 33040

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    Historic Key West Commercial Property
    $2,095,000
    3,424 SF
    Historic Key West Commercial Property

    Prime investment: historic Key West commercial property with high occupancy.

    718 - 720 Caroline Street, Key West, FL 33040

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    Key West Mixed-Use Investment
    $1,625,000
    3,846 SF
    Key West Mixed-Use Investment

    Historic Key West building with commercial and residential units.

    1018 Truman Avenue, Key West, FL 33040

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    Profitable Seafood Restaurant in Key West
    $624,000
    512 SF
    Profitable Seafood Restaurant in Key West

    Successful 20-seat seafood restaurant with high tourist traffic.

    Seafood Drive, Key West, FL 33040

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    Turnkey Restaurant in Old Town
    $2,950,000
    2,490 SF
    Turnkey Restaurant in Old Town

    Remodeled 150-seat restaurant with apartment in Key West.

    532 Margaret Street, Key West, FL 33040

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    Renovated Office Building in Key West
    $1,200,000
    2,045 SF
    Renovated Office Building in Key West

    Income-producing, renovated two-story office building in Key West, Florida.

    3140 Northside Drive, Key West, FL 33040

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    Key West Bar & Liquor Store
    $3,375,000
    2,756 SF
    Key West Bar & Liquor Store

    Iconic bar and liquor store with drive-through in Key West.

    1000-1006 Truman Avenue, Key West, FL 33040

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    Updated Retail/Office Condos
    $1,199,000
    2,061 SF
    Updated Retail/Office Condos

    Two combined first-floor condos with impact-rated windows and doors, prime general commercial zoning, and tenant-in-place.

    1200+1202 White Street, Key West, FL 33040

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    Historic Key West Residence
    $2,175,000
    2,150 SF
    Historic Key West Residence

    Old Town residence blending historic charm with modern refinement.

    1209 Packer Street, Key West, FL 33040

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    Hurricane-Ready Retail Condo Unit
    $599,000
    892 SF
    Hurricane-Ready Retail Condo Unit

    Centrally located Old Town retail condo with hurricane-rated windows and doors, plus one assigned parking spot.

    1202 White Street, Key West, FL 33040

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    Key West Liveaboard Slip
    $245,000
    Key West Liveaboard Slip

    Affordable liveaboard slip in Key West with owner financing.

    5555 College Road, Key West, FL 33040

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    Old Town Key West Office
    Contact for pricing
    0.29 Acres
    Old Town Key West Office

    Small, updated office space in a friendly business environment.

    524 Eaton Street, Key West, FL 33040

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    Key West Restaurant Opportunity
    $1,399,000
    1,592 SF
    Key West Restaurant Opportunity

    Spacious 1,592 SqFt restaurant in Key West's commercial corridor.

    1075 Duval Street, Key West, FL 33040

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    Old Town Key West Office
    Contact for pricing
    1,020 SF
    Old Town Key West Office

    Professional office space in a prime Key West location.

    1213 Truman Avenue, Key West, FL 33040

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    Key West, FL Commercial Real Estate Investment Opportunities Market Analysis

    Explore 72 commercial real estate for sale in Key West, FL, showcased through 69 active listings on our real estate platform. These investment opportunities span a total of 113,001 square feet of properties for sale, with an estimated market value of $131,304,698.

    Sale prices for business properties in Key West, FL start at $225,000, averaging $3,366,787, 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 median listing prices of real estate assets

    Neighborhood Average Price
    33040 $2.7M

    Taxes & Financing

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

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