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Renovated Mixed-Use Building
For Lease
$39,000/Mo
Pending

132 Duval Street, Key West, FL 33040

Commercial Lease, Key West, FL

Space Size6,200 SF
Days on Market194

Property Features for 132 Duval Street

General Information

Property type Commercial Lease
Property subtype Other
Bathrooms 1
Half bathrooms 1
Rooms Bathroom 1
Parking features Off Street
Subdivision Old Town - Unrecord (1.0)
View Water
Standard status Pending
APN 1000540
Size 6,230 SF

Amenities

impact doors
impact display windows
concrete floors
LED lighting
ADA restroom
front and rear access
balcony
central air conditioning
private offices

Building Details

Year built 1989
Roof type Other
Listing Agency: RE/MAX Keys Connection (KW)
Listed By: Curtis A Skomp, CCIM · License #263500131
Added: Feb 9 Changed: Aug 20 Last Checked: Aug 22 at 11:06AM
MLS# 618559

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 two-story mixed-use building provides approximately 6,230 square feet across open commercial areas on both levels. The ground floor offers approximately 3,200 square feet of retail space, 10-foot ceilings, concrete flooring, LED lighting, and an ADA-compliant restroom. The upper level adds approximately 3,000 square feet of open office and storage space, including three private offices secured by steel doors. A 175-square-foot concrete balcony overlooks Duval Street.

The property has undergone extensive renovation with updated plumbing, electrical systems, foundation work, central AC, impact-resistant doors, and display windows. Front and rear entrances support access through the building, while two off-street parking spaces are located behind it. The property includes 35 feet of Duval Street frontage and visibility and occupies the 100 block near Key West Harbor and Mallory Square. Both 130 and 132 Duval Street are included.

Key Highlights

  • Approximately 6,230 square feet across two levels
  • Approximately 3,200 SF of ground‑floor retail space with 10‑foot ceilings
  • Approximately 3,000 SF of upper‑level office and storage space

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Auto Repair Shop HVAC Service Building Supply Garden Center Pharmacy

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

Single-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$11.32 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,477
Businesses Nearby
97k
Monthly Visits Nearby

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

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-story commercial property combining open retail, office, and storage areas with front and rear access.
Where is this mixed-use property located?
The property is located at 132 Duval Street Key West, FL.
What is the lease rate?
The lease rate is $39,000/Mo.
What are key features of this property?
This property features: Approximately 6,230 square feet across two levels; Approximately 3,200 SF of ground‑floor retail space with 10‑foot ceilings; Approximately 3,000 SF of upper‑level office and storage space
More about this property
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