Retail Storefront with Display
For Lease
$4,400/Mo
Pending
421 Fleming Street, Key West, FL 33040
Commercial Lease, Key West, FL
Space Size942 SF
Days on Market459
Property Features for 421 Fleming Street
General Information
Property type
Commercial Lease
Property subtype
Other
Bathrooms
1
Half bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Subdivision
Old Town - Unlisted (1.0)
View
Water
Standard status
Pending
APN
1006807
Size
942 SF
Amenities
large display windows
Building Details
Year built
2000
Listing Agency:
Berkshire Hathaway HomeServices Knight & Gardner Realty
(305) 294-5155
Listed By:
Team Gardner/Langley · License #KWA.2032
(305) 902-2447
Added: May 30, 2025
Changed: Aug 19
Last Checked: Aug 31 at 12:06PM
MLS# 615240
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 commercial storefront provides approximately 942 square feet of lease space with large display windows and two bathrooms. Built in 2000, the property is attached to the La Concha Hotel and offers a format suitable for retail or professional service users.
The space is located at 421 Fleming Street in Key West’s Old Town. The surrounding setting includes local dining, shopping, and specialty services, supporting a varied commercial environment for businesses serving both local customers and visitors.
The space is located at 421 Fleming Street in Key West’s Old Town. The surrounding setting includes local dining, shopping, and specialty services, supporting a varied commercial environment for businesses serving both local customers and visitors.
Key Highlights
- Approximately 942 SF of commercial lease space
- Large display windows support storefront presentation
- Suitable for retail or professional services
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$8.41 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,333
Businesses Nearby
117k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 34%
Hotels & Casinos 18%
Apparel 17%
Groceries 16%
La Concha Key West
Hotels & Casinos
20,542 visits/mo
0.1 miles
Wendy's
Dining
19,101 visits/mo
0.1 miles
Circle K
Shops & Services
13,410 visits/mo
0.4 miles
Fausto's Food Palace
Groceries
10,002 visits/mo
0.1 miles
River Street Sweets
Groceries
8,601 visits/mo
0.1 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
Market
Lease Benchmarks for Key West, FL
$79.88 /SF/Yr
Avg Asking Price
$32–$125 /SF/Yr
Price Range
1,983 SF
Avg Space Size
This space is priced 30% below the average of $79.88 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Commercial space on Fleming Street suits retail or professional services and includes two bathrooms.
Where is this storefront property located?
The property is located at 421 Fleming Street Key West, FL.
What is the lease rate?
The lease rate is $4,400/Mo.
What are key features of this property?
This property features: Approximately 942 SF of commercial lease space; Large display windows support storefront presentation; Suitable for retail or professional services
