Prime Retail Space on
For Lease
$17,600/Mo
B-423 Duval St, Key West, FL 33040
Retail space in a thriving Key West business environment.
Space SizeContact for details
Days on Market2054
Property Features for B-423 Duval St
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$20,785
Listing Agency:
Berkshire Hathaway HomeServices Knight & Gardner Realty
(305) 902-2447
Listed By:
Team Gardner/Langley · License #BK612006
(305) 902-2447
Source:
Exprealty
Added: Jan 6, 2021
Changed: Aug 20
Last Checked: Aug 21 at 12:23PM
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
Investment Insights
Based on property information with market context.
This storefront property offers an excellent opportunity to join a thriving business environment on the 400 block of Duval Street. The location is directly across from the La Concha Hotel, Starbucks, Salt Life, Sandal Factory, Artisans, River Street Sweets, and Peter Lik Gallery, and next door to Mattheessens and Quiet Storm. It is also steps away from the San Carlos Institute, Casa Cuba, and the Key West Film Society. The property features large display windows and approximately 2,500 square feet of retail space. Located at 423 Duval, the building has 4 commercial units that could potentially be combined for a large retailer, offering approximately 6,300 square feet in total. The property is intended for commercial use.
Key Highlights
- Prime location on the 400 block of Duval Street, a thriving business environment.
- High visibility storefront with large display windows.
- Approximately 2,500 sq ft of retail space.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$12.67 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,477
Businesses Nearby
97k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 35%
Hotels & Casinos 21%
Apparel 20%
Groceries 19%
La Concha Key West
Hotels & Casinos
20,542 visits/mo
0.3 miles
Wendy's
Dining
19,101 visits/mo
0.3 miles
Fausto's Food Palace
Groceries
10,002 visits/mo
0.4 miles
River Street Sweets
Groceries
8,601 visits/mo
0.3 miles
The Cafe
Dining
8,463 visits/mo
0.4 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
$78.27 /SF/Yr
Avg Asking Price
$32–$125 /SF/Yr
Price Range
2,250 SF
Avg Space Size
This space is priced 8% above the average of $78.27 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Storefront property - Retail space in a thriving Key West business environment.
Where is this storefront property located?
The property is located at B-423 Duval St Key West, FL.
What is the lease rate?
The lease rate is $17,600/Mo.
What are key features of this property?
This property features: Prime location on the 400 block of Duval Street, a thriving business environment.; High visibility storefront with large display windows.; Approximately 2,500 sq ft of retail space.
