402 Applerouth Ln, Key West, FL 33040

Listing office Preferred Properties (KW) k***@gmail.com Show Phone

Listing date Mar 24, 2026

Source Exprealty

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Overview

402 Applerouth Ln in Key West, FL presents a mixed-use income property combining residential and commercial units within an iconic Old Town structure. The building is described as having over 5,000 interior square feet, with tall ceilings and historic architectural character, along with custom artistic details that reflect its distinctive design.

The property is positioned near Duval Street, and the remarks specifically note a location in an X Flood Zone. It is presented as a central Key West offering with nearby restaurants, galleries, shopping, and nightlife within minutes, supporting the building’s mix of residential and commercial uses.

For buyers seeking a mixed-use asset, this configuration provides on-site flexibility by pairing residential income with commercial unit income. The overall interior presentation—tall ceilings, historic character, and distinctive finishes—may appeal to tenants and operators looking for a building that stands out visually while accommodating both residential and retail-style programming within the same asset. Investors considering an Old Town mixed-use property can evaluate the unit mix and current income streams as part of their underwriting.

Suggested Use

HVAC Service Dental Office Electronics & Wireless Store Pet Grooming Service Auto Repair Shop Garden Center Clothing & Fashion Store Home Appliance Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Key West

County

Monroe

State

Florida

Longitude

-81.803025

Latitude

24.554598

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FAQs

What type of property is this?

Residential income property - Mixed-use building with residential and commercial units and tall ceilings in an X Flood Zone location.

Where is this residential income property located?

The property is located at 402 Applerouth Ln Key West, FL.

What is the asking price?

The asking price for this property is $2,490,000.

What are key features of this property?

This property features: Mixed‑use property with both residential and commercial income units; Located just steps from Duval Street; Over 5,000 sq ft interior space