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Storefront with On-Site Parking
For Lease
$3,300/Mo

720 Caroline Street B, Key West, FL 33040

The commercial suite includes two parking spaces.

Space Size812 SF
Days on Market37

Property Features for 720 Caroline Street B

General Information

Standard status Active
Size 812 SF
Net Rentable 812 SF
Total Parking Spaces 2
Property subtype COMMERCIAL
Lease Type NNN

Space & Availability

Available Space 812 SF
Contiguous Space 812 SF
Space Use Retail

Building Details

Building Size 812 SF
Year Built 1918
Listing Agency: Berkshire Hathaway HomeServices Knight & Gardner Realty
Listed By: Team Gardner/Langley · License #KWA.2032
Source: Keystoprealty
Added: Sep 25 Changed: Oct 26 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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Investment Insights

Based on property information with market context.

This 812-square-foot storefront at 720 Caroline Street B was built in 1918 and includes two parking spaces.

The property is adjacent to the Historic Seaport and sits among local dining, retail shops, and specialty services in Key West.

Key Highlights

  • 812‑square‑foot storefront
  • Two parking spaces
  • Built in 1918

Property Analytics

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

Current Use

Safer Cleaner Ships Charitable Organization Key West Collective ... Art Gallery Jolicoeur Clothing Store

Suggested Use

Top Pick Dental Office HVAC Service Auto Parts Store Auto Repair Shop Garden Center Pet Grooming Service

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
$7.32 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,704
Businesses Nearby
104k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 32% Hotels & Casinos 20% Apparel 19% Groceries 18%
La Concha Key West Hotels & Casinos
20,542 visits/mo 0.3 miles
Wendy's Dining
19,101 visits/mo 0.2 miles
Fausto's Food Palace Groceries
10,002 visits/mo 0.3 miles
River Street Sweets Groceries
8,601 visits/mo 0.3 miles
The Cafe Dining
8,463 visits/mo 0.4 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
View Realmo Analytics

Market

Lease Benchmarks for Key West, FL

$81.84 /SF/Yr
Avg Asking Price
$48.77–$125 /SF/Yr
Price Range
2,017 SF
Avg Space Size

This space is priced 40% below the average of $81.84 /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

Similar Off Market Nearby

  • Pressed Bloom — 626 Josephine Parker Way #101, Key West, FL 33040
  • Duarte Floral Design — 1203 Virginia St, Key West, FL 33040
  • Bespoke Floral Design LLC — 291 Front St Unit 209, Key West, FL 33040
  • Karro Events and Floral — 818 White St, Key West, FL 33040
  • Love In Bloom Florist — 134 Simonton St, Key West, FL 33040

Frequently Asked Questions

What type of property is this?
Storefront property - The commercial suite includes two parking spaces.
Where is this storefront property located?
The property is located at 720 Caroline Street B Key West, FL.
What is the lease rate?
The lease rate is $3,300/Mo.
What are key features of this property?
This property features: 812‑square‑foot storefront; Two parking spaces; Built in 1918
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