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Retail Office Space at Galleon Square
For Lease
$5,250/Mo NNN

218 Whitehead Street, Key West, FL 33040

Commercial Lease, Key West, FL

Space Size950 SF
Days on Market49

Property Features for 218 Whitehead 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 Active
APN 8732511
Size 950 SF

Building Details

Year built 1942
Roof type Metal
Listing Agency: Berkshire Hathaway HomeServices Knight & Gardner Realty
Listed By: Team Gardner/Langley · License #BK612006
Added: Jul 10 Changed: Aug 19 Last Checked: Aug 27 at 3:06PM
MLS# 620588

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 NNN rental opportunity offers a combined retail and office layout within a 950-square-foot space at Galleon Square. The offering is described as positioned for strong pedestrian exposure within Old Town Key West.

Public remarks indicate the space is situated next door to the Mel Fisher Maritime Museum, directly across from the Custom House Museum and Mallory Square, and steps from the historic waterfront and nearby attractions including Duval Street. The remarks also note that NNN charges are in addition to the quoted base rent.

The property is located at 218 Whitehead Street in Key West, Florida 33040, within Monroe County.

Key Highlights

  • 950 SF retail/office space in Galleon Square in Old Town Key West
  • Metal roof and off‑street parking
  • Year built: 1942

Property Analytics

Current Use

Comedy Key West Nightclub Kirby's Closet Clothing & Fashion Store Southernmost Bike Tours Travel Agency Little Whitehouse Subs Take-out & Catering Hidden Gems Botanica ... Religious Bookstore

Suggested Use

Top Pick Dental Office HVAC Service Auto Repair Shop Garden Center Veterinary Clinic Pet Grooming Service

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

Location Intelligence

Trade Area within ½ mile

2,899
Businesses Nearby
Balanced
Demand for This Use

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

$79.88 /SF/Yr
Avg Asking Price
$32–$125 /SF/Yr
Price Range
1,983 SF
Avg Space Size

This space is priced 17% below the average of $79.88 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - NNN rental with a 950-square-foot retail/office space at Galleon Square in Old Town Key West.
Where is this storefront property located?
The property is located at 218 Whitehead Street Key West, FL.
What is the lease rate?
The lease rate is $5,250/Mo.
What are key features of this property?
This property features: 950 SF retail/office space in Galleon Square in Old Town Key West; Metal roof and off‑street parking; Year built: 1942
More about this property
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