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Mixed-Use Property with Six Storefronts
For Sale
$4,200,000

218 Whitehead Street, Key West, FL 33040

Commercial Sale, Key West, FL

Property Size7,755 SF
Lot Size0.16 Acres
Price / SF$541.59
Days on Market48

Property Features for 218 Whitehead Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning HPRD - Hist Planned Redev
Bedrooms 3
Bathrooms 4
Full bathrooms 2
Half bathrooms 3
Rooms Bathroom 2, Bathroom 3, Bathroom 5, Bedroom 1, Bathroom 1, Bathroom 4, Bedroom 2, Bedroom 3
Parking features Off Street
Appliances No Appliances
Subdivision Old Town - Unrecord (1.0)
View Water
Standard status Active
APN 00001630-000700
Size 7,755 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description KW PT SQR 16 OR1005-78/128 OR1017-367/368 OR1079-285/288 OR1152-1022/1023 OR2408-1587/89 OR3128-0390
Tax Annual Amount 27615
Legal Description KW PT SQR 16 OR1005-78/128 OR1017-367/368 OR1079-285/288 OR1152-1022/1023 OR2408-1587/89 OR3128-0390

Utilities

Cooling system Central Air

Building Details

Year built 1942
Floors in Building 2
Number of units 8
Flooring type Concrete, Tile
Building materials CBS, Concrete
Roof type Metal
Listing Agency: Berkshire Hathaway HomeServices Knight & Gardner Realty
Listed By: Team Gardner/Langley · License #KWA.2032
Added: Jul 13 Changed: Aug 24 Last Checked: Aug 29 at 7:06PM
MLS# 620614

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 mixed-use property contains approximately 7,755 square feet with six commercial storefronts and a three-bedroom, two-bath residential apartment. The building dates to 1942 and includes CBS and concrete construction, a metal roof, central air, concrete and tile flooring, and off-street parking. Separate utility meters serve the commercial and residential components, while long-standing tenants occupy the property.

The property occupies the corner of Whitehead Street and Front Street in Key West’s Historic Seaport and Cruise Ship District. It is adjacent to the Mel Fisher Maritime Museum and across from the Audubon House, placing the building within a documented visitor-oriented corridor. HPRD - Hist Planned Redev zoning applies to the site, which encompasses 0.16 acres.

Key Highlights

  • Approximately 7,755 square feet on 0.16 acres
  • Six commercial storefronts plus a three‑bedroom, two‑bath apartment
  • Corner position at Whitehead Street and Front Street

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

1
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,899
Businesses Nearby
97k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 42% Hotels & Casinos 21% Groceries 19% Apparel 13%
La Concha Key West Hotels & Casinos
20,542 visits/mo 0.2 miles
Wendy's Dining
19,101 visits/mo 0.2 miles
Fausto's Food Palace Groceries
10,002 visits/mo 0.3 miles
River Street Sweets Groceries
8,601 visits/mo 0.2 miles
The Cafe Dining
8,463 visits/mo 0.3 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 - Corner property combines six retail spaces with a three-bedroom, two-bath apartment and separate utility meters.
Where is this mixed-use property located?
The property is located at 218 Whitehead Street Key West, FL.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Approximately 7,755 square feet on 0.16 acres; Six commercial storefronts plus a three‑bedroom, two‑bath apartment; Corner position at Whitehead Street and Front Street
More about this property
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