Mixed-Use Property with
For Sale
$2,999,999
405 Petronia Street, Key West, FL 33040
The property combines two-bedroom, two-bath residential space with an office and a separate restaurant building.
Property Size1,596 SF
Price / SF$1,879
Days on Market390
Property Features for 405 Petronia Street
General Information
Standard status
Active
Size
1,596 SF
Property subtype
Multi-Units
Occupancy
100%
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$6,422
Building Details
Building Size
1,596 SF
Year Built
1912
Listing Agency:
RE/MAX Keys Connection (KW)
Listed By:
Curtis A Skomp, CCIM · License #3350136
(305) 363-9665
Source:
Bascomgrooms
Added: Oct 4, 2025
Changed: Oct 28
Last Checked: Oct 26 at 2:13PM
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 RE/MAX Keys Connection (KW)
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Investment Insights
Based on property information with market context.
At 405 Petronia Street in Key West, this mixed-use property includes a two-bedroom, two-bath residence, office space, and a detached restaurant. The buildings date to 1912. The property is fully rented, combining residential, office, and restaurant components at one address.
Key Highlights
- Two‑bedroom, two‑bath residential unit
- Separate office space and detached restaurant
- Fully rented property
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
3,208
Businesses Nearby
108k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 35%
Hotels & Casinos 19%
Groceries 17%
Shops & Services 17%
La Concha Key West
Hotels & Casinos
20,542 visits/mo
0.2 miles
Wendy's
Dining
19,101 visits/mo
0.3 miles
Circle K
Shops & Services
13,410 visits/mo
0.3 miles
Fausto's Food Palace
Groceries
10,002 visits/mo
0.2 miles
River Street Sweets
Groceries
8,601 visits/mo
0.3 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 - The property combines two-bedroom, two-bath residential space with an office and a separate restaurant building.
Where is this mixed-use property located?
The property is located at 405 Petronia Street Key West, FL.
What is the asking price?
The asking price for this property is $2,999,999.
What are key features of this property?
This property features: Two‑bedroom, two‑bath residential unit; Separate office space and detached restaurant; Fully rented property
