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Key West, FL Office Spaces for Sale

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Stock Island, FL Summerland Key, FL Big Pine Key, FL Cudjoe Key, FL
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Five-Office Commercial Unit
Updated: Aug 18
Five-Office Commercial Unit

1421 First Street, Key West, FL 33040

$599,000
1,160 sqft 0.06 AC lot
1,160 SF commercial condominium office unit
Five private offices plus one restroom
CL - Limited Commercial zoning
CBS construction
Built in 1948
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Single-Story Office Building
Updated: Jun 19
Single-Story Office Building

701 Simonton Street, Key West, FL 33040

$1,850,000
1,745 sqft 0.15 AC lot
1,745 SF single‑story commercial building on a 6,510 SF lot on the corner of Simonton and Angela Streets
8+ off‑street parking spaces with a drive‑through parking layout
Interior includes five private offices plus reception/lobby, storage, and Bathroom 1 and Bathroom 2
Central air plus ductless heating; appliances include a refrigerator
Metal roof and frame/combo construction; security system included
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Updated Corner Office Unit
Updated Corner Office Unit

1200 White Street, Key West, FL 33040

$569,000
1,169 sqft

First-floor commercial condo with impact-rated windows, assigned parking, and an existing tenant in place.

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See what stands out in Monroe County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Local Demand available after sign in
Five-Office Commercial Condominium Unit
Five-Office Commercial Condominium Unit

1421 First Street, #2, Key West, FL 33040

$599,000
1,160 sqft

Professional office condominium with five private offices, a restroom, and a flexible working layout.

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Upgraded Storefront Condo
Upgraded Storefront Condo

1075 Duval Street, Key West, FL 33040

$479,000
648 sqft

Fully leased commercial unit with central air and covered garage parking.

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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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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Renovated Two-Story Office Building
Renovated Two-Story Office Building

3140 Northside Drive, Key West, FL 33040

$1,200,000
2,045 sqft

Flexible office configuration includes a medical practice, additional office units, bathrooms, and a kitchenette.

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Single-Story Corner Office Building
Single-Story Corner Office Building

701 Simonton Street, Key West, FL 33040

$1,850,000
1,745 sqft 0.15 AC lot

Single-story corner office building with private offices, reception, central air, and drive-through parking.

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Key West Office Condo Investment
Key West Office Condo Investment

3718 N Roosevelt Boulevard, Key West, FL 33040

$599,000
1,133 sqft 0.03 AC lot

Fully leased office condo with strong tenant and ocean view.

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Two-Unit Office Condominium
Two-Unit Office Condominium

1421 First Street, Key West, FL 33040

$1,250,000
0.06 AC lot

Adjoining commercial condominium units combine leased income with a multi-office configuration and outdoor patio improvements.

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Five-Office Commercial Condominium
Five-Office Commercial Condominium

2-1421 1st St, Key West, FL 33040

$599,000
1,160 sqft

Unit 2 offers a professional office layout with private rooms, a restroom, and flexible commercial use potential.

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Updated Retail Condominium
Updated Retail Condominium

1012 Truman Avenue, Key West, FL 33040

$439,000
718 sqft 3,490.99 AC lot

Compact commercial condominium with refreshed interiors, a renovated bath, and retail, office, salon, or gallery use potential.

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Updated Office Unit
Updated Office Unit

524 Eaton Street, Key West, FL 33040

Contact for pricing
70 sqft 0.29 AC lot

Professional workspace with central air at Key West Theater.

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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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Mixed-Use Income Property with Restaurant
Mixed-Use Income Property with Restaurant

405 Petronia Street, Key West, FL 33040

$2,999,999
1,596 sqft 0.05 AC lot

Fully rented mixed-use property with 2 residential units, office space, and a detached restaurant on a small Key West lot.

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Mixed-Use Income Property
Mixed-Use Income Property

405 Petronia Street, Key West, FL 33040

$2,999,999
1,596 sqft 0.05 AC lot

Fully rented mixed-use building with 2-bedroom residential units, office space, and a detached restaurant.

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Office Condo with Private Balcony
Office Condo with Private Balcony

1010 Kennedy Drive, #307, Key West, FL 33040

$349,000
2,058 sqft

3rd-floor office condo with two entrances, an open layout, kitchenette, and a private balcony for client-ready workflow.

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Office Unit with Attic Storage
Office Unit with Attic Storage

1213 Truman Avenue, Key West, FL 33040

Contact for pricing
1,020 sqft 0.12 AC lot

Four-room professional layout with a private bathroom and shared parking.

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Old Town Office Condo For Sale
Old Town Office Condo For Sale

812 Fleming Street, #2, Key West, FL 33040

$415,000
665 sqft

Turnkey 665 SF commercial condo in Old Town.

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Renovated Ground-Floor Office Unit
Renovated Ground-Floor Office Unit

812 Fleming Street, Key West, FL 33040

$399,000
665 sqft

Small-format office condominium with two private offices, a reception area, central air, and updated finishes.

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Two-Story Office Building with Parking
Two-Story Office Building with Parking

L-3152 Northside Dr, Key West, FL 33040

$899,000
2,045 sqft

Well-maintained two-story CBS office building with four privately rented suites, private half baths, and included parking.

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Corner Office Unit
Corner Office Unit

524 Eaton Street, Key West, FL 33040

Contact for pricing
320 sqft 0.29 AC lot

Private workspace with central air, carpeted flooring, and utilities included.

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Fully Renovated Two-Story Medical Office
Fully Renovated Two-Story Medical Office

F-3140 Northside Dr, Key West, FL 33040

$1,200,000
2,045 sqft

Two-story office building with renovated medical practice space, multiple units, and recent metal roofing and impact windows.

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Updated Medical Office Space
Updated Medical Office Space

1200+1202 White Street, Key West, FL 33040

$999,000
2,061 sqft

Two connected first-floor commercial units feature renovated interiors, impact-rated openings, and assigned off-street parking.

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Key West, FL Office Spaces Market Trends and Statistics

Explore 72 office spaces for sale in Key West, FL, showcased through 41 active listings on our real estate platform. These investment opportunities span a total of 50,228 square feet of properties for sale, with an estimated market value of $27,625,398.

Sale prices for office spaces in Key West, FL start at $237,700, averaging $863,293, and reaching up to $2,999,999 — 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

Office Units 64
Medical Office Space 10
Office buildings 4
Coworking 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 $724.2K

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)

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