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    121 Duval St Key West, FL 33040

    Sponsored
    For Lease
    $170 SF/Yr

    Prime Key West Retail Space Available

    Lot size:
    4,103 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail space, located at 121 Duval Street in the heart of Key West, Florida, presents a unique investment opportunity. Boasting a total building size of 4,103 square feet, this multi-tenant property offers one immediately available unit encompassing 847 square feet. Situated on the renowned 100 block of Duval Street, this location benefits from unparalleled foot traffic and is surrounded by thriving restaurants and bars, including well-established businesses such as Harley Davidson, Sloppy Joe's Bar, Crocs, and Irish Kevin's Bar. The property's prime location within Monroe County ensures high visibility and accessibility for potential customers. This turnkey retail space is perfectly positioned to capitalize on the consistently strong sales activity characteristic of Duval Street's premier location. The address is 121 Duval Street, Key West, FL 33040. This is an exceptional chance to establish a retail presence in one of Key West's most desirable and lucrative commercial areas. The property is categorized as retail within the retail subtype. The property is in Monroe County, Florida.

    Property Features for 121 Duval St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,103 SF
    Total Rate
    58125.83

    Unit(s) available at that property

    Space
    123 Duval St
    Size
    847 SF
    Rate per SF
    $170

    HighLights

    • Exceptional 4,103 sq ft multi‑tenant retail building at 121 Duval Street, Key West, FL.
    • One 847 sq ft unit immediately available.
    • Prime location on the 100 block of Duval Street, surrounded by high‑traffic businesses.
    • Turnkey retail space in a high‑demand Key West location.
    • Located in Monroe County, Florida.
    Property Profile Location Intelligence

    Current Use by Public Records

    Peterson's Key West ... Clothing Store

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Key West
    County
    Monroe
    State
    Florida
    Longitude
    -81.8053748
    Latitude
    24.5595958

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    FAQs

    What type of property is this?
    Retail property - Prime Key West Retail Space Available
    Where is this retail property located?
    The property is located at 121 Duval St Key West, FL.
    What is the lease rate?
    The lease rate is $170 SF/Yr.
    What are key features of this property?
    This property features: Exceptional 4,103 sq ft multi-tenant retail building at 121 Duval Street, Key West, FL.; One 847 sq ft unit immediately available.; Prime location on the 100 block of Duval Street, surrounded by high-traffic businesses.
    Request Owner's contact information
    121 Duval St Key West, FL 33040
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    Key West, FL 33040
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    121 Duval St Key West, FL 33040
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