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Financial
Distress signals
Property profile

221 Duval St Key West, FL 33040

FOR SALE
Turn key restaurants
Property ID
US18-2975924
4,604 SF 0.13 ac lot Built 1919
Last sale Mar 2002 · $700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Street-front retail unit with approximately 500 square feet of interior area, configured for day-to-day customer service. The space includes a walk-in cooler, a bar area, and a private restroom, supporting beverage service, grab-and-go operations, and specialty retail use. Located on Duval Street in Old Town Key West, within the tourism district along an active retail corridor.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$31k
Tax billed · 2023
Assessed value$3.95M
Assessed land$3.43M
Assessed improvement$521k
Effective rate0.79%

Value estimate

· Oct 2026
$490k
$441k – $539k
NOI build-up
Gross scheduled income$14k
Vacancy & credit loss−$1k
Operating expenses−$4k
NOI · 82.02% cap applied$9k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$838/SF
County average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$447 – $1,160

Cap rate analysis

How does the asset earn?
82.02%
$9k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMONROE

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.2
Dental Office9.3
Auto Repair Shop9.0

Location

221 Duval St Key West, FL 33040
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
500 White, Key West, FL 33040-7151 $1,320,000 Mar 2025 3,960 SF
1021 White, Key West, FL 33040-3324 $2,010,000 Mar 2025 3,991 SF
510 Southard, Key West, FL 33040-6889 $2,200,000 Jul 2024 5,821 SF
202 Duval, Key West, FL 33040 $425,000 Jun 2024 3,332 SF
2330 Roosevelt, Key West, FL 33040-3836 $2,354,000 Nov 2023 6,010 SF
1010 Truman, Key West, FL 33040-3350 $1,650,000 Nov 2023 5,016 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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