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    Property profile & analytics

    223 Petronia St Key West, FL 33040-7373

    • Turn key restaurants
    • 2,132 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 01, 2025
    $1,500,000
    Location Intelligence
    Property ID
    US18-5573097
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • K&XchimneySweep&dryerVent / Corporate Office / Chimney Sweep

    Property Details for 223 Petronia St

    Year built
    2001
    Lot size
    0.04 lot acres
    Property size
    2,132 SF
    Property type
    Turn key restaurants
    APN
    00013580-000100
    APU
    13580000100

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Key West
    County
    Monroe
    State
    Florida
    Longitude
    -81.8032
    Latitude
    24.5514
    CBSA code
    28580
    CBSA name
    KEY WEST-MARATHON, FL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,344
    $503,184
    $360,953
    $864,137
    -
    $503,184
    $360,953
    $864,137

    Comparable in this City

    • Value Estimation by Request
      6,222 SF

      313 Duval St

      RESTAURANT • 6,222 SF
      313 Duval St, Key West, FL 33040-6565
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    • Value Estimation by Request
      192 SF

      Margaret St

      RESTAURANT • 192 SF
      Margaret St, Key West, FL 33040
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    • Value Estimation
      $2,515,000
      2,508 SF

      3416 Roosevelt Blvd

      RESTAURANT • 2,508 SF
      3416 Roosevelt Blvd, Key West, FL 33040-4224
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    • Value Estimation
      $4,180,000
      887 SF

      806 Caroline St

      RESTAURANT • 887 SF
      806 Caroline St, Key West, FL 33040-6643
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    • Value Estimation
      $315,000
      911 SF

      1029 Southard St

      RESTAURANT • 911 SF
      1029 Southard St, Key West, FL 33040-7144
      View Details
    • Value Estimation by Request
      4,795 SF

      921 Truman Ave

      RESTAURANT • 4,795 SF
      921 Truman Ave, Key West, FL 33040-6427
      View Details

    Similar Nearby for Sale

    • $2,950,000

      Turnkey Restaurant in Old Town

      Remodeled 150-seat restaurant with apartment in historic Key West.
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      View Details
    • Contact for pricing

      Retail or Restaurant Space Available

      971 sqft retail/restaurant space with loft in Key West.
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    • New
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      Prime Corner Location on Truman

      Commercial property with high visibility, development potential, and existing structure.
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    • $3,900,000

      Key West Bar & Liquor

      Iconic Key West bar and liquor store with drive-through.
      1000 Truman Ave, Key West, FL 33040
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    • $4,750,000

      Waterfront Property with Multifamily Units

      Historic Key West waterfront property with multifamily and commercial potential.
      901 Eisenhower Dr, Key West, FL 33040
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    • $39,000

      Prime Duval Street Retail Opportunity

      Two-story building in Key West's tourism district.
      130 Duval St, Key West, FL 33040
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    Similar Nearby for Lease

    • $170 SF/Yr
      4,103 SF

      Duval Street Retail Opportunity

      Prime Key West Retail Space Available
      121 Duval St, Key West, FL 33040
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    • $30 SF/Yr
      32,796 SF

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      Modern Flex Warehouse Space Available
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      View Details
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    223 Petronia St
    Key West, FL 33040-7373
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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
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