Retail Space with Suite
For Lease
$6,000/Mo
3201 Flagler Avenue, Key West, FL 33040
Commercial Lease, Key West, FL
Space Size1,491 SF
Days on Market172
Property Features for 3201 Flagler Avenue
General Information
Property type
Commercial Lease
Property subtype
Other
Property condition
Under Construction
Bedrooms
1
Bathrooms
1
Half bathrooms
1
Rooms
Bathroom 1, Bedroom 1
Parking features
Off Street
Subdivision
Flagler Center PH 3 (3)
View
Water
Standard status
Active
APN
8876033
Size
1,491 SF
Amenities
ADA-compliant access
ample parking
Building Details
Year built
2026
Listing Agency:
Keys Top Realty LLC
(305) 676-8400
Listed By:
Irina Pytlik · License #3441724
(305) 987-7775
Added: Mar 3
Changed: Aug 20
Last Checked: Aug 22 at 7:06PM
MLS# 618906
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.
Flagler Center III is a mixed-use development under construction at 3201 Flagler Avenue in Key West. The retail offering contains approximately 1,491 square feet created by combining two units, with completion scheduled for late 2026. Delivered as a white-box shell, the premises will allow a tenant to complete the interior for its operations.
The space is associated with two parcel IDs and may function as a single larger premises or be separated into two suites. The development includes 14 residential units and 14 commercial units. Off-street parking and ADA-compliant access are included, providing practical support for retail, professional service, or medical occupancy.
The space is associated with two parcel IDs and may function as a single larger premises or be separated into two suites. The development includes 14 residential units and 14 commercial units. Off-street parking and ADA-compliant access are included, providing practical support for retail, professional service, or medical occupancy.
Key Highlights
- Approximately 1,491 square feet of retail space
- Two combined units can operate together or be divided into two suites
- White‑box shell delivery supports a tenant‑designed interior
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$7.24 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,212
Businesses Nearby
247k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 47%
Shops & Services 25%
Apparel 11%
Dining 7%
Publix
Groceries
47,545 visits/mo
0.5 miles
Publix
Groceries
41,649 visits/mo
0.5 miles
T.J. Maxx
Apparel
27,656 visits/mo
0.4 miles
Winn-Dixie
Groceries
26,928 visits/mo
0.5 miles
Dollar Tree
Shops & Services
19,588 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
$79.01 /SF/Yr
Avg Asking Price
$25–$125 /SF/Yr
Price Range
2,148 SF
Avg Space Size
This space is priced 39% below the average of $79.01 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - New-construction commercial space with off-street parking and ADA-compliant access in a mixed-use project.
Where is this retail space located?
The property is located at 3201 Flagler Avenue Key West, FL.
What is the lease rate?
The lease rate is $6,000/Mo.
What are key features of this property?
This property features: Approximately 1,491 square feet of retail space; Two combined units can operate together or be divided into two suites; White‑box shell delivery supports a tenant‑designed interior
