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Updated Small Office Unit
For Lease
$1,250/Mo

524 Eaton Street, Key West, FL 33040

Commercial Lease, Key West, FL

Space Size232 SF
Days on Market212

Property Features for 524 Eaton Street

General Information

Property type Commercial Lease
Property subtype Other
Bathrooms 1
Half bathrooms 2
Rooms Bathroom 2, Bathroom 1
Subdivision Old Town - Unlisted (1.0)
View Water
Standard status Active
APN 1006734
Size 232 SF

Building Details

Year built 1968
Listing Agency: Berkshire Hathaway HomeServices Knight & Gardner Realty
Listed By: Team Gardner/Langley · License #KWA.2032
Added: Feb 3 Changed: Sep 2 Last Checked: Sep 3 at 4:06PM
MLS# 618453

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 232-square-foot office unit provides a compact professional setting within Key West Theater. The space has been freshly updated and includes access to two bathrooms, supporting a straightforward setup for a small business. Wi-Fi, electric, and water are included with the lease.

The property is located at 524 Eaton Street in Key West’s Old Town area, placing the office within the established Key West Theater setting. The building was constructed in 1968 and offers a business environment serving local small business owners.

Key Highlights

  • 232 square feet of office space
  • Freshly updated professional office
  • Located within Key West Theater

Property Analytics

Current Use

Florida Keys Injury ... Law Firm Keystv Marketing & Advertising Keys World Travel Travel Agency The Law Offices of Robert ... Law Firm Thomas Masat LMFT, ... Psychotherapist

Suggested Use

Top Pick HVAC Service Auto Parts Store Dental Office Garden Center Pet Grooming Service (Bike/Boat/Book/etc) Store

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

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$9.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,153
Businesses Nearby

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

Lease Benchmarks for Key West, FL

$52.15 /SF/Yr
Avg Asking Price
$32–$77.65 /SF/Yr
Price Range
1,566 SF
Avg Space Size

This space is priced 24% above the average of $52.15 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Professional workspace with Wi-Fi, electric, and water included in the lease.
Where is this office units located?
The property is located at 524 Eaton Street Key West, FL.
What is the lease rate?
The lease rate is $1,250/Mo.
What are key features of this property?
This property features: 232 square feet of office space; Freshly updated professional office; Located within Key West Theater
More about this property
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