Mixed-Use Property with Detached
For Sale
$2,999,999
405 Petronia Street, Key West, FL 33040
Commercial Sale, Key West, FL
Property Size1,596 SF
Lot Size0.05 Acres
Price / SF$1,879
Days on Market344
Property Features for 405 Petronia Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
HNC(1-3) - Hist Nghborhd
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bathroom 4, Bathroom 2, Bathroom 3
Appliances
Range
Subdivision
Old Town - Unlisted (1.0)
View
Water
Standard status
Active
APN
00016240-000000
Size
1,596 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
KW PT LOT 4 SQR 3 TR 4 H3-93 OR753-1759/60 OR872-487 OR1538-1434/35 OR2618-1210/11
Tax Annual Amount
6423
Legal Description
KW PT LOT 4 SQR 3 TR 4 H3-93 OR753-1759/60 OR872-487 OR1538-1434/35 OR2618-1210/11
Building Details
Year built
1999
Building materials
Combo Construction
Listing Agency:
RE/MAX Keys Connection (KW)
(305) 296-1400
Listed By:
Bobby W Coe IV · License #3428120
(305) 363-9665
Added: Oct 4, 2025
Changed: Sep 4
Last Checked: Sep 12 at 4:06PM
MLS# 616729
Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property contains 1,596 square feet on a 0.05-acre lot, with a 2/2 residential component, office space, and a separate detached restaurant. The building dates to 1999 and uses combination construction, with a range included among the appliances. The property is fully rented, combining multiple income-producing components within one asset.
Located in Old Town Key West at 405 Petronia Street, the property is zoned HNC(1-3) - Hist Nghborhd. Its configuration includes residential, office, and restaurant uses in a compact commercial setting.
Located in Old Town Key West at 405 Petronia Street, the property is zoned HNC(1-3) - Hist Nghborhd. Its configuration includes residential, office, and restaurant uses in a compact commercial setting.
Key Highlights
- 1,596‑square‑foot mixed‑use property on a 0.05‑acre lot
- 2/2 residential component alongside office space
- Detached restaurant included with the property
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
3,208
Businesses Nearby
Explore this area
Business Placement
Demographics for 33040, FL
35,958
Population
19,001
Households
1.9
Avg Household Size
44
Median Age
38%
College-Educated
92%
High-School Grad
17.7 sq mi
ZIP Area
2,032
Density / Sq Mi
$79,038
Median Household Income
$42,458
Median Earnings
$2,079
Median Rent
$766,400
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully rented property combines residential, office, and detached restaurant space.
Where is this mixed-use property located?
The property is located at 405 Petronia Street Key West, FL.
What is the asking price?
The asking price for this property is $2,999,999.
What are key features of this property?
This property features: 1,596‑square‑foot mixed‑use property on a 0.05‑acre lot; 2/2 residential component alongside office space; Detached restaurant included with the property
