Leased Restaurant Commercial
1215 Duval Street Key West, FL 33040
New
1215 Duval Street, Key West, FL, 33040
$3,675,000
For Sale
$3,675,000
COMMERCIAL - Key West, FL
Property Size2,244 SF
Lot Size0.06 Acres
Price / SF$1,637
Days on Market1
Property Features for 1215 Duval Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- HRCC - Historic Residenti
- Bathrooms
- 1
- Rooms
- Bathroom 2, Bathroom 1
- Parking features
- Off Street
- Appliances
- No Appliances
- Standard status
- Active
- APN
- 00028460000000
- Size
- 2,244 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Kw Pt Lt 4 Sqr 8 Tr 11 (L-215) Or259-577/78 Or478-613 Or713-17 Or1011-1307/08 Or1401-1894/96 Or1645-1088/89 Or2055-261/6
- Tax Annual Amount
- 10517
Building Details
- Year built
- 1953
- Building materials
- CBS
- Roof type
- Metal
Listing agency
Berkshire Hathaway HomeServices Knight & Gardner Realty
(305) 294-5155
Listed by
Team Gardner/Langley · License #BK612006
(305) 902-2447
Added: Jul 21 Checked: Jul 21 at 7:06PM
MLS# 620701
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 turn-key commercial restaurant building is offered for sale with an established long-time restaurant tenant and a lease already in place. The business itself is not for sale; the offering is the real estate and the income-producing lease. The property totals 2,244 square feet on a 0.06-acre lot and is listed with a reported 7.0% cap rate.
Located at 1215 Duval Street in Key West’s Old Town, the property is positioned along a high-traffic corridor associated with year-round foot traffic and Duval Street exposure. The location and in-place occupancy are intended to provide stabilized income from day one.
Located at 1215 Duval Street in Key West’s Old Town, the property is positioned along a high-traffic corridor associated with year-round foot traffic and Duval Street exposure. The location and in-place occupancy are intended to provide stabilized income from day one.
Key Highlights
- Commercial building at 1215 Duval Street with an income‑producing lease already in place
- Leased to an established long‑time successful restaurant tenant; note the business is not for sale
- Offered at a 7.0% cap rate
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Banana Cafe
Restaurant
A&XchimneySweep&dryerVent
General Contractor
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Commercial restaurant building with an in-place lease to a long-time tenant.
Where is this conventional restaurant located?
The property is located at 1215 Duval Street Key West, FL.
What is the asking price?
The asking price for this property is $3,675,000.
What are key features of this property?
This property features: Commercial building at 1215 Duval Street with an income‑producing lease already in place; Leased to an established long‑time successful restaurant tenant; note the business is not for sale; Offered at a 7.0% cap rate
