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Updated Office Unit
For Lease
$1,250/Mo per office

524 Eaton Street, Key West, FL 33040

Commercial Lease, Key West, FL

Space Size232 SF
Days on Market200

Property Features for 524 Eaton 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 Active
APN 1006734
Size 232 SF

Amenities

WiFi
Electric
Water

Building Details

Year built 1968
Listing Agency: Berkshire Hathaway HomeServices Knight & Gardner Realty
Listed By: Team Gardner/Langley · License #BK612006
Added: Feb 3 Changed: Aug 19 Last Checked: Aug 22 at 6:06PM
MLS# 618453

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 office unit offers 232 square feet of recently updated professional workspace within Key West Theater. The property includes access to two bathrooms and is designed for small business occupancy in a shared business environment.

Located at 524 Eaton Street in Key West’s Old Town, the office is part of a 1968 commercial property in ZIP code 33040. Wi-Fi, electric, and water are included, providing a straightforward workspace arrangement for local businesses.

Key Highlights

  • 232 SF office unit
  • Recently updated professional office space
  • Wi‑Fi, electric, and water included

Property Analytics

Current Use

Florida Keys Injury ... Law Firm Keystv Marketing & Advertising Keys World Travel Travel Agency The Law Offices of Robert ... Law Firm Thomas Masat LMFT, ... Psychotherapist

Suggested Use

Top Pick HVAC Service Auto Parts Store Dental Office Garden Center Pet Grooming Service (Bike/Boat/Book/etc) 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

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$9.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,153
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

Lease Benchmarks for Key West, FL

$52.64 /SF/Yr
Avg Asking Price
$32–$77.65 /SF/Yr
Price Range
1,554 SF
Avg Space Size

This space is priced 23% above the average of $52.64 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Professional office setting with Wi-Fi, electric, and water included.
Where is this office units located?
The property is located at 524 Eaton Street Key West, FL.
What is the lease rate?
The lease rate is $1,250/Mo per office.
What are key features of this property?
This property features: 232 SF office unit; Recently updated professional office space; Wi‑Fi, electric, and water included
More about this property
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