Mixed-Use Commercial
New
For Sale
$400,000
3201 Flagler Avenue Unit 512, Key West, FL 33040
A 702-square-foot commercial unit is part of a proposed Flagler Avenue redevelopment in Key West’s New Town district.
Property Size702 SF
Price / SF$569.80
Days on Market7
Property Features for 3201 Flagler Avenue Unit 512
General Information
Standard status
Active
Size
702 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$1,288
Building Details
Building Size
702 SF
Year Built
2026
Buildings
1
Listing Agency:
Keller Williams Key West Compass Realty
Listed By:
Sandra Lee Swan · License #SL3414369
(305) 563-0053
Source:
Keystoprealty
Added: Oct 21
Changed: Oct 26
Last Checked: Oct 26 at 2:33PM
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 Keller Williams Key West Compass Realty
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Investment Insights
Based on property information with market context.
Unit 512 is a 702-square-foot commercial property at Flagler Center III, a mixed-use redevelopment in Key West’s New Town district. The proposed plan includes 14 commercial units and 14 residential units, with ground-floor retail and office suites and residences above. The development plan is seeking approval, and the project includes proposed infrastructure upgrades, hurricane-resilient design, parking, ADA access, and landscaped outdoor areas.
The property is on Flagler Avenue, near Poinciana Elementary, Key West High School, and residential neighborhoods. U.S. Route 1 and Key West International Airport are accessible from the site.
The property is on Flagler Avenue, near Poinciana Elementary, Key West High School, and residential neighborhoods. U.S. Route 1 and Key West International Airport are accessible from the site.
Key Highlights
- 702‑square‑foot commercial unit, identified as Unit 512
- Proposed development includes 14 commercial and 14 residential units
- Plan calls for ground‑floor retail and office suites with residences above
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
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
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A 702-square-foot commercial unit is part of a proposed Flagler Avenue redevelopment in Key West’s New Town district.
Where is this mixed-use property located?
The property is located at 3201 Flagler Avenue Unit 512 Key West, FL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 702‑square‑foot commercial unit, identified as Unit 512; Proposed development includes 14 commercial and 14 residential units; Plan calls for ground‑floor retail and office suites with residences above
