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Two-Unit Retail Space
For Lease
$8,000/Mo

5300 Overseas Highway, Key West, FL 33040

Separate suites offer flexibility, with the option to join them into a larger commercial space.

Space SizeContact for details
Property Size1,913 SF
Days on Market273

Property Features for 5300 Overseas Highway

General Information

Standard status Active
Size 1,913 SF
Property subtype COMMERCIAL

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Space Use Retail

Building Details

Building Size 1,913 SF
Year Built 1963
Listing Agency: Berkshire Hathaway HomeServices Knight & Gardner Realty
Listed By: Team Gardner/Langley · License #KWA.2032
Source: Keystoprealty
Added: Jan 28 Changed: Oct 27 Last Checked: Oct 26 at 3:37PM

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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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This retail property contains two distinct commercial units that may be combined into a larger space. The building measures 1,913 square feet and was constructed in 1963. Parking is available on site.

Access is provided from both Overseas Highway and McDonald Avenue.

Key Highlights

  • Two separate commercial units with the option to combine
  • 1,913 square feet
  • Access from Overseas Highway and McDonald Avenue

Property Analytics

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

Current Use

Retail space

Suggested Use

Top Pick Law Firm Nail Salon Hair Salon Parking Lot & Garage (Bike/Boat/Book/etc) Store Pharmacy

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

145
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 34% below 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 - Separate suites offer flexibility, with the option to join them into a larger commercial space.
Where is this retail space 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: Two separate commercial units with the option to combine; 1,913 square feet; Access from Overseas Highway and McDonald Avenue
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