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    Key West, FL
    Conventional Restaurant

    Key West, FL Conventional Restaurants for Sale

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    Stock Island, FL Summerland Key, FL Big Pine Key, FL Cudjoe Key, FL
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    Key West Restaurant Opportunity
    Updated: Aug 4, 2025
    Key West Restaurant Opportunity

    1075 Duval Street, Key West, FL 33040

    $1,399,000
    1,592 sqft
    Prime location in the heart of Key West's bustling commercial corridor with high visibility and foot traffic.
    Spacious 1,592 SqFt restaurant space formed by two combined commercial condos.
    Seating capacity for 100 guests, suitable for dining and events.
    Rare opportunity to own property in the vibrant Duval Square.
    Ideal investment opportunity or space for a restaurant owner.
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    Turnkey 150-Seat Restaurant
    Updated: May 12, 2025
    Turnkey 150-Seat Restaurant

    532 Margaret Street, Key West, FL 33040

    $2,950,000
    2,490 sqft 0.11 AC lot
    Licensed restaurant with 150‑seat dining capacity in Old Town Key West
    Completely remodeled interior with brand‑new electrical, plumbing, HVAC, flooring, lighting, and fixtures
    Indoor‑outdoor dining areas plus a full‑service bar and newly designed restrooms
    Commercial‑grade kitchen fully equipped with state‑of‑the‑art appliances, ample prep space, and storage
    Includes an updated 1‑bedroom, 1‑bathroom apartment upstairs for on‑site living or additional rental income
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    Mixed-Use Income Property with Restaurant
    Mixed-Use Income Property with Restaurant

    405 Petronia Street, Key West, FL 33040

    $2,999,999
    1,596 sqft 0.05 AC lot

    Fully rented mixed-use property with 2 residential units, office space, and a detached restaurant on a small Key West lot.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Key West Restaurant Opportunity
    Key West Restaurant Opportunity

    509 Southard St, Key West, FL 33040

    Contact for pricing
    2,059 sqft

    Restaurant for sale near Duval Street with indoor and outdoor seating.

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    Three-Building Restaurant and Bar
    Three-Building Restaurant and Bar

    4 and 6 Charles Street, Key West, FL 33040

    Contact for pricing
    3,648 sqft 0.08 AC lot

    Multi-building venue with outdoor bars, a music stage, apartments, and a fully equipped kitchen.

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    Turnkey Food Van with Equipment
    Turnkey Food Van with Equipment

    Duval Street, Key West, FL 33040

    $90,000

    2014 ProMaster food van with full kitchen build-out, including generator, exhaust hood, and fire suppression system.

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    Mobile Seafood Restaurant Business
    Mobile Seafood Restaurant Business

    1 Mundy The Pirate Seafood Way, Key West, FL 33040

    $150,000

    Includes a 2018 truck, enclosed trailer, licenses, and seafood-preparation equipment.

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    Restaurant Building with In-Place Lease
    Restaurant Building with In-Place Lease

    1215 Duval Street, Key West, FL 33040

    $3,675,000

    Restaurant building for sale with an established, long-time restaurant tenant and a lease already in place.

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    Downtown Restaurant and Bar
    Downtown Restaurant and Bar

    404 Southard Street, #2, Key West, FL 33040

    $3,295,000

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

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    Leased Restaurant and Bar Property
    Leased Restaurant and Bar Property

    2-404 Southard St, Key West, FL 33040

    $3,295,000

    Large restaurant and bar is currently rented on a triple-net basis with more than three years remaining on the lease.

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    Restaurant with Duval Street Access
    Restaurant with Duval Street Access

    816 Duval St, Key West, FL 33040

    Contact for pricing

    Restaurant space opens to Duval Street and is currently configured as two concepts with a large kitchen and storage.

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    Standalone Restaurant Building with Equipment
    Standalone Restaurant Building with Equipment

    1500 Bertha Street, Key West, FL 33040

    Contact for pricing

    Previously operated as a 79-seat restaurant; remaining fixtures include a hood and walk-in cooler/freezer.

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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 12 Active listings in Key West, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turn-Key Restaurant and ADA Buildings
    Turn-Key Restaurant and ADA Buildings

    24171 Overseas Highway, Summerland Key, FL 33042

    Contact for pricing
    2,415 sqft 0.50 AC lot

    Two ADA-accessible buildings on a half-acre site, including a turn-key 1,100 SF restaurant.

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    Established Restaurant with Beer and Wine License
    Established Restaurant with Beer and Wine License

    116-11400 Overseas Hwy, Marathon, FL 33050

    $489,000

    Operating restaurant business with furnishings, equipment, inventory, recipes, and an existing beer and wine license.

    View details
    Frank’s Grill Restaurant
    Frank’s Grill Restaurant

    11400 Overseas Highway, #116, Marathon, FL 33050

    $489,000

    Established dining operation with furnishings, equipment, inventory, and a beer-and-wine license included.

    View details
    Leased Restaurant and Office Property
    Leased Restaurant and Office Property

    24171 Overseas Highway, Summerland Key, FL 33042

    $1,600,000

    Existing restaurant and office improvements operate under SC - Sub Urban Commercial District zoning with leases in place.

    View details

    Key West, FL Conventional Restaurants Market Trends and Statistics

    Explore 12 conventional restaurants for sale in Key West, FL, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 11,385 square feet of properties for sale, with an estimated market value of $17,853,999.

    Sale prices for conventional restaurants in Key West, FL start at $90,000, averaging $2,231,749, and reaching up to $3,675,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 19
    Bars & Pubs 12
    Coffee shops 2
    Drive through restaurants 2
    Commercial kitchens 1

    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 $2M

    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 pricing trends across core commercial property types in Monroe County

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