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Office Condo with Terrace
For Sale
$237,700

400-1010 Kennedy Dr, Key West, FL 33040

4th-floor office condo with five private offices, bull-pen area, reception, and a shared top-floor terrace.

Property Size2,337 SF
Price / SF$101.71
Days on Market1658

Property Features for 400-1010 Kennedy Dr

General Information

Standard status Active
Size 2,337 SF

Taxes and HOA fees

Annual Taxes $4,898

Amenities

top floor terrace
shared restroom facilities

Building Details

Tenancy Multi
Listing Agency: Berkshire Hathaway HomeServices Knight & Gardner Realty
Listed By: Team Gardner/Langley · License #KWA.2032
Source: Exprealty
Added: Feb 21, 2022 Changed: Aug 28 Last Checked: Sep 5 at 12:17PM

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 Berkshire Hathaway HomeServices Knight & Gardner Realty

Investment Insights

Based on property information with market context.

This 4th-floor office condo is located in the Kennedy Center and offered as an approximately 2,337-square-foot unit (Unit 400). The interior layout includes five private offices plus a large bull-pen area, along with a reception area, storage, and a kitchenette. Unit 400 also includes access to an oversized top-floor terrace that overlooks Key West’s New Town area, shared with Unit 402.

Shared restroom facilities are available on each floor. Monthly condo dues include water, electric, building maintenance, and insurance, which helps simplify ongoing operating expenses.

The unit is described as bank-owned and is set up for office use with both private offices and an open, bullpen-style work area.

Key Highlights

  • 4th‑floor office condo (Unit 400) in the Kennedy Center, approx. 2,337 SF
  • Layout includes 5 private offices plus a large bull‑pen area and reception
  • Includes kitchenette and storage within Unit 400

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Repair Shop Daycare Center Veterinary Clinic Pet Grooming Service Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

1,370
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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - 4th-floor office condo with five private offices, bull-pen area, reception, and a shared top-floor terrace.
Where is this office units located?
The property is located at 400-1010 Kennedy Dr Key West, FL.
What is the asking price?
The asking price for this property is $237,700.
What are key features of this property?
This property features: 4th‑floor office condo (Unit 400) in the Kennedy Center, approx. 2,337 SF; Layout includes 5 private offices plus a large bull‑pen area and reception; Includes kitchenette and storage within Unit 400
More about this property
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