Back to Search
Corner Retail & Restaurant Space

12 Duval Street Key West, FL 33040

12 Duval Street, Key West, FL, 33040
$30,000 SF/Yr
For Lease
$30,000 SF/Yr

COMMERCIAL - Key West, FL

Property Size8,396 SF
Lot Size0.12 Acres
Days on Market2423

Property Features for 12 Duval Street

General Information

Property type
Commercial Lease
Property subtype
Other
Zoning
HRCC - Historic Residenti
Bathrooms
1
Rooms
Bathroom 2, Bathroom 1
Appliances
No Appliances
Standard status
Active
APN
00000140-000000
Size
8,396 SF
Lot size
0.12 Acres

Taxes and HOA fees

Tax Year
2018
Tax Description
KW PT LOT 1 SQR 3 G-35-1028/1029 G47-578/79 OR412-1028/29 OR972-1286 OR984-3 OR1310-1620C OR1848-46/48AFFD OR1847-2491/9
Tax Annual Amount
30946

Building Details

Year built
1980
Floors in Building
2
Building materials
Frame
Roof type
Metal
Listing agency Berkshire Hathaway HomeServices Knight & Gardner Realty
Listed by Team Gardner/Langley · License #BK612006
Added: Dec 2, 2019 Updated: Jul 21 at 11:02AM Checked: Jul 21 at 6:06PM
MLS# 588478

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.

Ground-floor retail or restaurant space at 12 Duval Street, presented as a corner location at Duval and Front Street. The property is approximately 8,396 square feet. Public remarks indicate the space is leased under a 10-year term with base rent structured at $25,000 per month and 3% increases, with NNN expenses and sales tax in addition to the base rent.

The building is described as formerly operating as CVS, with CVS relocating to the opposite corner of the Front/Duval intersection. The landlord is open to negotiating tenant improvements and rent credits for the right tenant.

Lease terms are quoted as base rent only, with triple-net expenses and sales tax additional. The seller/landlord position and lease structure are intended for a tenant or buyer evaluating the current leased setup.

Key Highlights

  • Leased retail/restaurant space with a 10‑year term at $25,000/month base rent and 3% increases
  • NNN lease structure with triple net expenses and sales tax in addition to base rent
  • Located at the corner of Duval and Front Street (Front/Duval intersection)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

MoneyGram Bank My Yacht Sales Corporate Office

Suggested Use

Dental Office Auto Repair Shop HVAC Service Building Supply Garden Center Electrical Service Pharmacy Veterinary Clinic Big Box & Wholesale Store Barber Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Ground-floor retail/restaurant space on a street corner with a long-term lease structure on NNN terms.
Where is this retail space located?
The property is located at 12 Duval Street Key West, FL.
What is the lease rate?
The lease rate is $30,000.
What are key features of this property?
This property features: Leased retail/restaurant space with a 10‑year term at $25,000/month base rent and 3% increases; NNN lease structure with triple net expenses and sales tax in addition to base rent; Located at the corner of Duval and Front Street (Front/Duval intersection)
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message