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Two-Unit Retail Space
For Lease
$8,000/Mo

5300 Overseas Highway, Key West, FL 33040

Commercial Lease, Key West, FL

Space SizeContact for details
Days on Market219

Property Features for 5300 Overseas Highway

General Information

Property type Commercial Lease
Property subtype Other
Bathrooms 1
Half bathrooms 2
Rooms Bathroom 2, Bathroom 1
Subdivision Maloney Sub (5.0)
View Water
Standard status Active
APN 1158267
Size 1,913 SF

Amenities

ample parking

Building Details

Year built 1963
Listing Agency: Berkshire Hathaway HomeServices Knight & Gardner Realty
Listed By: Team Gardner/Langley · License #KWA.2032
Added: Jan 28 Changed: Sep 2 Last Checked: Sep 4 at 2:06AM
MLS# 618359

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 1,913-square-foot retail property was built in 1963 and is configured as two separate commercial units. The spaces may be combined into one larger premises, providing flexibility for occupancy and layout planning. Two bathrooms and on-site parking are included.

The property fronts Overseas Highway in Stock Island, along the primary route connecting traffic with Key West. Access is available from both Overseas Highway and McDonald Avenue, providing two points of entry. The site is located within a commercial area near Key West and offers a retail setting with direct exposure to the highway corridor.

Key Highlights

  • 1,913 SF retail property built in 1963
  • Two separate commercial units with potential to combine
  • Dual access from Overseas Highway and McDonald Avenue

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Nail Salon Pharmacy Big Box & Wholesale Store Auto Repair Shop Parking Lot & Garage

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
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$7.53 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

824
Businesses Nearby
17k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 82% Apparel 12% Home Improvements & Furnishings 6%
Chevron Shops & Services
8,288 visits/mo 0.2 miles
Tom Thumb Food Stores Shops & Services
3,405 visits/mo 0.3 miles
West Marine Apparel
2,047 visits/mo 0.4 miles
Carquest Auto Parts Shops & Services
1,182 visits/mo 0.4 miles
Airgas Home Improvements & Furnishings
1,013 visits/mo 0.5 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

Lease Benchmarks for Key West, FL

$75.36 /SF/Yr
Avg Asking Price
$25–$125 /SF/Yr
Price Range
1,745 SF
Avg Space Size

This space is priced 33% below the average of $75.36 /SF/Yr.

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?
Retail space - Two commercial suites can be combined and offer access from Overseas Highway and McDonald Avenue.
Where is this retail space located?
The property is located at 5300 Overseas Highway Key West, FL.
What is the lease rate?
The lease rate is $8,000/Mo.
What are key features of this property?
This property features: 1,913 SF retail property built in 1963; Two separate commercial units with potential to combine; Dual access from Overseas Highway and McDonald Avenue
More about this property
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