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    Key West, FL
    Mixed-Use

    Key West, FL Mixed-use Properties for Sale

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    Stock Island, FL Summerland Key, FL Big Pine Key, FL Cudjoe Key, FL
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    Three-Unit Mixed-Use Condo Property
    Updated: Jul 2
    Three-Unit Mixed-Use Condo Property

    1200-1206 White Street, Key West, FL 33040

    $1,489,000
    3,380 sqft
    Three commercial condominium units totaling 3,380 SF
    1206 White St. is vacant for owner occupancy or leasing
    Established tenants and businesses occupy 1200 and 1202 White St.
    Located in an X Flood Zone
    CBS and stucco construction with central air
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    This listing looks promising.

    Here's a quick look at some key insights for

    1200-1206 White Street, Key West, FL 33040

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    • Est. Cap Rate

      4.3%
      NOI ÷ price

    • Est. NOI

      $64K
      Annual

    • Price @ 7% Cap

      $910K
      Suggested
    View Property Analytics
    Mixed-Use Property with Six Storefronts
    Updated: Jul 13
    Mixed-Use Property with Six Storefronts

    218 Whitehead Street, Key West, FL 33040

    $4,200,000
    7,755 sqft 0.16 AC lot
    Approximately 7,755 square feet on 0.16 acres
    Six commercial storefronts plus a three‑bedroom, two‑bath apartment
    Corner position at Whitehead Street and Front Street
    Adjacent to the Mel Fisher Maritime Museum and across from the Audubon House
    Separate utility meters for commercial and residential components
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    Mixed-Use White-Box Space
    Mixed-Use White-Box Space

    3201 Flagler Avenue, Key West, FL 33040

    $749,000
    1,491 sqft 0.71 AC lot

    White-box commercial space allows buyers to configure the interior for professional, medical office, or retail operations.

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    White Box Commercial Suite
    White Box Commercial Suite

    3201 Flagler Avenue, #STE 507, Key West, FL 33040

    $749,000
    1,491 sqft

    Under-construction suite with white-box delivery, ADA access, ample parking, and flexibility to split into two units.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Mixed-Use Corner Property
    Mixed-Use Corner Property

    218 Whitehead Street, Key West, FL 33040

    $4,200,000
    7,755 sqft

    Six retail suites and a three-bedroom apartment combine commercial and residential occupancy in one property.

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    Four-Unit Conch-Style Quadplex
    Four-Unit Conch-Style Quadplex

    1104 Truman Avenue, Key West, FL 33040

    $2,395,000
    3,136 sqft

    Classic island construction with covered porches, off-street parking, and flexible residential or mixed-use possibilities.

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    Flagler Center III Mixed-Use Property
    Flagler Center III Mixed-Use Property

    3201 Flagler Avenue Unit 512, Key West, FL 33040

    $400,000

    Proposed redevelopment combines commercial suites, residences, parking, and planned hurricane-resilient improvements.

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    Mixed-Use Property with Parking
    Mixed-Use Property with Parking

    922 Truman Ave, Key West, FL 33040

    Contact for pricing

    CBS construction, dual entrances, and a corner-site setting define this commercial property in Old Town Key West.

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    Mixed-Use Compound with Elevator
    Mixed-Use Compound with Elevator

    1028-1030 Truman Avenue, Key West, FL 33040

    Contact for pricing

    Two licensed commercial units and two townhouse residences share a landscaped common area.

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    Renovated Mixed-Use Building
    Renovated Mixed-Use Building

    608 Duval St, Key West, FL 33040

    Contact for pricing

    Stand-alone building with BPAS approval and a ground-floor sales area.

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    Mixed-Use Waterfront Property
    Mixed-Use Waterfront Property

    6631 Maloney Ave, Key West, FL 33040

    Contact for pricing

    MU zoning supports a combination of commercial and waterfront-oriented uses at this income-producing property.

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    Mixed-Use Strip Center Condos
    Mixed-Use Strip Center Condos

    1200-1206 White Street, Key West, FL 33040

    Contact for pricing

    Renovated mixed-use building offers four downstairs commercial condo units and two upstairs residential units, plus an adjacent vacant lot.

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    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 12 Active listings in Key West, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 60 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Commercial Land
    Mixed-Use Commercial Land

    5331 5th Avenue, Stock Island, FL 33040

    $2,050,000
    5,705 sqft 0.69 AC lot

    The site carries MU zoning and includes seven electric meters and seven water meters.

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    Commercial Land with Mixed-Use Zoning
    Commercial Land with Mixed-Use Zoning

    5331 5th Avenue, Stock Island, FL 33040

    $2,050,000
    0.69 AC lot

    Four parcels offer utility connections and a mixed-use development framework on Stock Island.

    View details
    Waterfront Commercial Land
    Waterfront Commercial Land

    24774 Overseas Highway, Summerland Key, FL 33042

    $899,000

    SC-zoned waterfront land with Overseas Highway frontage, canal access, and concrete dockage.

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    Waterfront Mixed-Use Property
    Waterfront Mixed-Use Property

    Summerland Key, FL 33042

    Contact for pricing

    Commercial space with canal access, a private boat ramp, and direct Overseas Highway exposure.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with Retail Structure
    Commercial Land with Retail Structure

    22732 Overseas Highway, Cudjoe Key, FL 33042

    $2,000,000
    786 sqft 1.56 AC lot

    Eight contiguous parcels with SC zoning and an existing retail/service structure support commercial or mixed-use planning.

    View details

    Off-Market Properties in Key West, FL

    Consider similar Off-Market properties in Key West, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1805 Staples Ave
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    1805 Staples Ave, Key West, FL 33040-3633

    $2,160,000
    Estimated value
    13,958 sqft 0.56 AC lot
    View details
    928 Truman Ave Ste, Unit 101
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    928 Truman Ave Ste, Key West, FL 33040-7793

    Unit 101
    $600,000
    Estimated value
    1,830 sqft 0.09 AC lot
    View details
    1028 Truman Ave, Unit 1
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    1028 Truman Ave, Key West, FL 33040-3373

    Unit 1
    Value Estimation by Request
    2,030 sqft 0.11 AC lot
    View details
    625 Overseas Hwy
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    625 Overseas Hwy, Key West, FL 33040-5605

    $2,530,000
    Estimated value
    10,212 sqft 0.74 AC lot
    View details
    830 Fleming St
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    830 Fleming St, Key West, FL 33040-6964

    Value Estimation by Request
    1,299 sqft 0.05 AC lot
    View details
    1109 Truman Ave
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    1109 Truman Ave, Key West, FL 33040

    Value Estimation by Request
    4,410 sqft 0.10 AC lot
    View details
    1900 Staples Ave
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    1900 Staples Ave, Key West, FL 33040-3644

    $320,000
    Estimated value
    1,749 sqft 0.07 AC lot
    View details
    516 White St
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    516 White St, Key West, FL 33040-7170

    Value Estimation by Request
    4,494 sqft 0.08 AC lot
    View details
    517 Duval St Ste, Unit 200
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    517 Duval St Ste, Key West, FL 33040-6587

    Unit 200
    Value Estimation by Request
    8,687 sqft 0.13 AC lot
    View details
    1013 Truman Ave
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    1013 Truman Ave, Key West, FL 33040-3349

    $805,000
    Estimated value
    1,440 sqft 0.03 AC lot
    View details
    1100 Packer St
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    1100 Packer St, Key West, FL 33040-3263

    $460,000
    Estimated value
    2,399 sqft 0.12 AC lot
    View details
    518 Fleming St
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    518 Fleming St, Key West, FL 33040-6882

    Value Estimation by Request
    1,888 sqft 0.03 AC lot
    View details

    Key West, FL Mixed-Use Properties Market Trends and Statistics

    Explore 72 mixed-use properties for sale in Key West, FL, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 25,008 square feet of properties for sale, with an estimated market value of $14,182,000.

    Sale prices for multi use buildings in Key West, FL start at $400,000, averaging $2,026,000, and reaching up to $4,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Live-work space 1

    Demographics Overview

    Population 36K
    Population Growth (5Y) +3.8%
    Median Household Income $79,038
    College Educated 17.6%

    High-Yield Neighborhoods for Investment

    Identify Key West submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    33040 $2M

    Taxes & Financing

    Tax Rate (average for all types) 0.71%
    Property Tax per SF $10.90 per SF
    Tax Rate vs County Average 0.03 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Monroe County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Monroe County

    Retail

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    • 33040

    Featured Key West Real Estate Agencies

    Realmo connects you with licensed Key West CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Berkshire Hathaway Keys Real Estate | Knight & Gardner Realty
    336 Duval St Key West, FL 33040
    Phone: 13052945155
    www.keysrealestate.com
    Truman & Co. Real Estate Services
    1205 Truman Avenue Key West, FL 33040
    Phone: 13052922244
    www.trumanandcompany.com

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