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Eight-Office Professional Suite

1111 12th Street STE 404, Key West, FL 33040

For Lease
$4,635/Mo

Fourth-floor space includes elevator access, shared lobby facilities, and off-street parking.

Space Size1,235 SF
Days on Market199

Property Features for 1111 12th Street STE 404

General Information

Standard status Active
Size 1,235 SF
Net Rentable 1,235 SF
Elevators Yes
Property subtype COMMERCIAL

Space & Availability

Available Space 1,235 SF
Contiguous Space 1,235 SF
Floor 4
Condition Turnkey
Private Offices 8

Amenities

common lobby
shared restrooms

Building Details

Building Size 1,235 SF
Year Built 1984
Listing Agency: Berkshire Hathaway HomeServices Knight & Gardner Realty
Listed By: Team Gardner/Langley · License FL KWA.2032
Source: Keystoprealty
Added: Apr 29 Changed: Nov 7 Last Checked: Nov 12 at 9:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Knight & Gardner Realty

Rey
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Investment Insights

Based on property information with market context.

This 1,235-square-foot office suite is on the fourth floor of 12th Street Professional Plaza and contains eight private offices. Impact-resistant, tinted windows are part of the space, with shared restrooms and a common lobby in the building. The property was built in 1984.

Located at 1111 12th Street in Key West, the building has elevator access and off-street parking. The suite is presented for office or medical use.

Key Highlights

  • 1,235‑square‑foot suite on the fourth floor
  • Eight private offices
  • Impact‑resistant, tinted windows

Property Analytics

Current Use

The Law Office of Gregory ... Law Firm Broadwave Telecommunications Service Probation & Parole Services Probation Office Monroe County Attorney Law Firm Keys Dermatology Medical Clinic

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Building Supply Dental Office Big Box & Wholesale Store Storage Facility

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

NNN (Triple Net)
Lease Type
$6.76 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,420
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

$52.85 /SF/Yr
Avg Asking Price
$32–$102 /SF/Yr
Price Range
1,612 SF
Avg Space Size

This space is priced 15% below the average of $52.85 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Key West, FL

$52.59 Jul
$52.17 Aug
$53.1 Sep
$52.01 Oct

Properties on Market for Office Units in Key West

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Fourth-floor space includes elevator access, shared lobby facilities, and off-street parking.
Where is this office unit located?
The property is located at 1111 12th Street STE 404 Key West, FL.
What is the lease rate?
The lease rate is $4,635/Mo.
What are key features of this property?
This property features: 1,235‑square‑foot suite on the fourth floor; Eight private offices; Impact‑resistant, tinted windows
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