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Ground-Floor Retail Space
For Lease
$15,500/Mo

518 Duval Street, Key West, FL 33040

Impact-rated storefront windows and doors are among the space’s recent improvements.

Space Size2,155 SF
Days on Market349

Property Features for 518 Duval Street

General Information

Standard status Active
Size 2,155 SF
Net Rentable 2,155 SF
Property subtype COMMERCIAL
Lease Type NNN

Space & Availability

Available Space 2,155 SF
Contiguous Space 2,155 SF
Floor Ground
Space Use Retail

Building Details

Building Size 2,155 SF
Year Built 1953
Listing Agency: Berkshire Hathaway HomeServices Knight & Gardner Realty
Listed By: Team Gardner/Langley · License #KWA.2032
Source: Keystoprealty
Added: Nov 19, 2025 Changed: Oct 27 Last Checked: Oct 31 at 7:39PM

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

Rey
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Investment Insights

Based on property information with market context.

This ground-floor retail space contains approximately 2,155 square feet. Recent work includes impact-rated windows and doors at the storefront. The building dates to 1953.

The property is at 518 Duval Street in Key West, on the 500 block of Duval Street.

Key Highlights

  • Approximately 2,155 square feet of ground‑floor retail space
  • Impact‑rated storefront windows and doors
  • Building constructed in 1953

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Dental Office Auto Repair Shop Garden Center Pet Grooming Service Carpet & Flooring 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

NNN (Triple Net)
Lease Type
$12.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,333
Businesses Nearby
117k
Monthly Visits Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Key West, FL

$76.46 /SF/Yr
Avg Asking Price
$32–$125 /SF/Yr
Price Range
1,887 SF
Avg Space Size

This space is priced 13% above the average of $76.46 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Impact-rated storefront windows and doors are among the space’s recent improvements.
Where is this retail space located?
The property is located at 518 Duval Street Key West, FL.
What is the lease rate?
The lease rate is $15,500/Mo.
What are key features of this property?
This property features: Approximately 2,155 square feet of ground‑floor retail space; Impact‑rated storefront windows and doors; Building constructed in 1953
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