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Retail Storefront with Highway Access
For Lease
$8,000/Mo

5300 Overseas Highway, Key West, FL 33040

Commercial Lease, Key West, FL

Space SizeContact for details
Days on Market206

Property Features for 5300 Overseas Highway

General Information

Property type Commercial Lease
Property subtype Other
Bathrooms 1
Half bathrooms 2
Rooms Bathroom 1, Bathroom 2
Subdivision Maloney Sub (5.0)
View Water
Standard status Active
APN 1158267
Size 1,913 SF

Building Details

Year built 1963
Listing Agency: Berkshire Hathaway HomeServices Knight & Gardner Realty
Listed By: Team Gardner/Langley · License #BK612006
Added: Jan 28 Changed: Aug 19 Last Checked: Aug 22 at 3:06PM
MLS# 618359

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 retail property for lease consists of two separate commercial units with the potential to be combined into a single larger space. The layout is described as flexible, supporting a range of retail configurations, and the site includes ample parking for customer access. Dual access is available from both Overseas Highway and McDonald Avenue.

The property is located on Overseas Highway on Stock Island, identified as the main corridor for traffic entering and leaving Key West. The listing emphasizes high visibility and access convenience for businesses seeking consistent storefront presence along this route.

As currently configured, the two-unit setup can support tenants that prefer individual spaces, while the option to combine provides flexibility for users that require a larger footprint.

Key Highlights

  • Prime location on Overseas Highway, the main corridor to Key West, offering high visibility.
  • Excellent exposure and steady vehicle flow for consistent customer presence.
  • Dual access via Overseas Highway and McDonald Avenue enhances convenience.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Nail Salon Pharmacy Big Box & Wholesale Store Auto Repair Shop Parking Lot & Garage

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
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$7.53 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

824
Businesses Nearby
17k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 82% Apparel 12% Home Improvements & Furnishings 6%
Chevron Shops & Services
8,288 visits/mo 0.2 miles
Tom Thumb Food Stores Shops & Services
3,405 visits/mo 0.3 miles
West Marine Apparel
2,047 visits/mo 0.4 miles
Carquest Auto Parts Shops & Services
1,182 visits/mo 0.4 miles
Airgas Home Improvements & Furnishings
1,013 visits/mo 0.5 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

$78.27 /SF/Yr
Avg Asking Price
$32–$125 /SF/Yr
Price Range
2,250 SF
Avg Space Size

This space is priced 36% below the average of $78.27 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Two separate retail units on Overseas Highway offer dual access and flexible layouts in Stock Island, Key West.
Where is this storefront property located?
The property is located at 5300 Overseas Highway Key West, FL.
What is the lease rate?
The lease rate is $8,000/Mo.
What are key features of this property?
This property features: Prime location on Overseas Highway, the main corridor to Key West, offering high visibility.; Excellent exposure and steady vehicle flow for consistent customer presence.; Dual access via Overseas Highway and McDonald Avenue enhances convenience.
More about this property
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