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Retail Space with Flexible Layout
For Lease
$6,000/Mo

3201 Flagler Avenue STE 507, Key West, FL 33040

A white-box shell can be configured as one suite or separated into two smaller units.

Space Size1,491 SF
Days on Market239

Property Features for 3201 Flagler Avenue STE 507

General Information

Standard status Active
Size 1,491 SF
Net Rentable 1,491 SF
Property subtype COMMERCIAL

Space & Availability

Contiguous Space 1,491 SF
Divisible Yes
Space Use Retail
Available From 2026-Q4
Furnished No

Amenities

ample parking
ADA-compliant access
excellent visibility
prime exposure

Building Details

Building Size 1,491 SF
Year Built 2026
Tenancy Multi
Listing Agency: Keys Top Realty LLC
Listed By: Irina Pytlik · License #3441724
Source: Keystoprealty
Added: Mar 3 Changed: Oct 26 Last Checked: Oct 26 at 4:18PM

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 Keys Top Realty LLC

Rey
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Investment Insights

Based on property information with market context.

At 3201 Flagler Avenue in Key West, this retail space comprises two combined units totaling approximately 1,491 square feet. The white-box shell is planned for completion in late 2026 as part of a mixed-use development under construction. The space may be operated as a single suite or split into two smaller spaces.

The development includes 14 residential units and 14 commercial units. The property also has ADA-compliant access and parking.

Key Highlights

  • Approximately 1,491 square feet across two combined units
  • Can be used as one retail space or divided into two smaller suites
  • White‑box shell in a development scheduled for completion in late 2026

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Munoz Melissa DC Alternative Medicine Practice Elks Lodge Volunteer Organization Curry & Sons Printing Event Planning Vidal Wedding Planner/Photographer Event Planning Iglesia De Cristo ... Church

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Catering Service Bakery Cosmetic Store Auto Repair Shop

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

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Key West, FL

$76.46 /SF/Yr
Avg Asking Price
$32–$125 /SF/Yr
Price Range
1,887 SF
Avg Space Size

This space is priced 37% below the average of $76.46 /SF/Yr.

Vacancy Rate% for Retail in South region

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

Frequently Asked Questions

What type of property is this?
Retail space - A white-box shell can be configured as one suite or separated into two smaller units.
Where is this retail space located?
The property is located at 3201 Flagler Avenue STE 507 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 across two combined units; Can be used as one retail space or divided into two smaller suites; White‑box shell in a development scheduled for completion in late 2026
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