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Dual-Entry Strip Center Retail Space
For Lease
$5,828/Mo NNN

431 Front Street, Key West, FL 33040

Commercial Lease, Key West, FL

Space SizeContact for details
Days on Market169

Property Features for 431 Front Street

General Information

Property type Commercial Lease
Property subtype Other
Subdivision Old Town - Unlisted (1.0)
View Water
Standard status Active
APN 1000141
Size 657 SF

Amenities

two entries

Building Details

Year built 1976
Listing Agency: Berkshire Hathaway HomeServices Knight & Gardner Realty
Listed By: Team Gardner/Langley · License #KWA.2032
Added: Mar 18 Changed: Aug 19 Last Checked: Sep 2 at 12:06AM
MLS# 619112

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 657-square-foot retail space is part of a strip center built in 1976. The suite has two separate access points, with one entrance on Front Street and another on Wall Street. The lease is structured as triple net, with quoted base rent exclusive of additional NNN charges.

The property is located at 431 Front Street in Key West, directly across from Mallory Square. The surrounding activity includes tourists, cruise ship passengers, sunset celebrations, and local visitors, providing a range of pedestrian traffic sources.

Key Highlights

  • 657‑square‑foot retail space in a strip center
  • Two entrances: one from Front Street and one from Wall Street
  • Triple‑net lease structure with additional NNN charges

Property Analytics

Current Use

Sea Bags (Bike/Boat/Book/etc) Store Tervis Store (Bike/Boat/Book/etc) Store Pearl Key West (Bike/Boat/Book/etc) Store WTFish Lounge | What ... Spa & Massage Center The Greeen House Dispensary ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Auto Repair Shop HVAC Service Building Supply Garden Center Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,477
Businesses Nearby
97k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 35% Hotels & Casinos 21% Apparel 20% Groceries 19%
La Concha Key West Hotels & Casinos
20,542 visits/mo 0.3 miles
Wendy's Dining
19,101 visits/mo 0.3 miles
Fausto's Food Palace Groceries
10,002 visits/mo 0.4 miles
River Street Sweets Groceries
8,601 visits/mo 0.3 miles
The Cafe Dining
8,463 visits/mo 0.4 miles

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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Retail space features separate Front Street and Wall Street entrances with a triple-net lease structure.
Where is this strip mall located?
The property is located at 431 Front Street Key West, FL.
What is the lease rate?
The lease rate is $5,828/Mo.
What are key features of this property?
This property features: 657‑square‑foot retail space in a strip center; Two entrances: one from Front Street and one from Wall Street; Triple‑net lease structure with additional NNN charges
More about this property
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