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Self-Storage Facility on US Highway 1
For Lease
$11,000/Mo

323 Overseas Highway, Key West, FL 33040

COMMERCIAL - Key West, FL

Space SizeContact for details
Property Size6,912 SF
Lot Size0.52 Acres
Days on Market412

Property Features for 323 Overseas Highway

General Information

Property type Commercial Lease
Property subtype Other
Bathrooms 1
Half bathrooms 1
Rooms Bathroom 1
Parking features Off Street, Guest
Subdivision Coppitt Sub Amd (10.0)
View Water
Standard status Active
APN 1194557
Size 6,912 SF
Lot size 0.52 Acres

Building Details

Year built 2020
Roof type Metal
Listing Agency: Berkshire Hathaway HomeServices Knight & Gardner Realty
Listed By: Team Gardner/Langley · License #BK612006
Added: Jun 19, 2025 Changed: Jun 3 Last Checked: Aug 4 at 11:06AM
MLS# 615502

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 is a rare opportunity to lease an entire self-storage facility with excellent exposure to passing traffic. Constructed in 2020, the property is located directly on US Highway 1 near Mile Marker 10, just outside the City of Key West. The property features approximately 90 climate-controlled interior storage units of various sizes, including both lockers and traditional units with roll-up doors. The site is also approved for 11 external stackable containers or can be utilized as open parking for trailers, RVs, or additional storage. The three-story building spans approximately 6,912 square feet on a poured concrete foundation with a concrete and steel frame, impact-resistant windows and doors, and is fully equipped with a fire sprinkler system, security, elevator lift, two staircases, office space, and a restroom. The gated lot spans approximately 22,500 square feet. In addition to its current use, this property is ideal for an owner-user, particularly a contractor or service-based business. The ground floor can function as office and operational space, while the upper floors provide the opportunity for passive income through storage rentals. The expansive lot offers additional flexibility for equipment, vehicle, or material storage.

Key Highlights

  • Entire self‑storage facility available for lease on US Highway 1 with high traffic exposure near Key West.
  • Built in 2020 with approximately 90 climate‑controlled interior storage units of various sizes.
  • Approved for 11 external stackable containers or open parking for trailers/RVs/storage.

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Restaurant Spa & Massage Center Pharmacy

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
Yes
Sprinkler system
Yes
Fenced yard
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.87 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

799
Businesses Nearby

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 Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - Key West self-storage facility for lease with excellent exposure.
Where is this self storage facility located?
The property is located at 323 Overseas Highway Key West, FL.
What is the lease rate?
The lease rate is $11,000 /Mo.
What are key features of this property?
This property features: Entire self‑storage facility available for lease on US Highway 1 with high traffic exposure near Key West.; Built in 2020 with approximately 90 climate‑controlled interior storage units of various sizes.; Approved for 11 external stackable containers or open parking for trailers/RVs/storage.
More about this property
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