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    Key West, FL
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    Key West, FL Restaurants for Sale

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    Stock Island, FL Summerland Key, FL Big Pine Key, FL Cudjoe Key, FL
    18 properties
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    Restaurant Condo with 100 Seats
    Updated: Aug 4, 2025
    Restaurant Condo with 100 Seats

    1075 Duval Street, Key West, FL 33040

    $1,399,000
    1,592 sqft
    1,592‑square‑foot restaurant space formed by combining two commercial condominiums
    Seating capacity for 100 guests
    Located in Duval Square at 1075 Duval Street, Key West, FL 33040
    CBS construction with 1987 year built
    Central air conditioning
    View details
    Corner Bar and Covered Outdoor Bar
    Updated: Dec 5, 2025
    Corner Bar and Covered Outdoor Bar

    1000 Truman Avenue, Key West, FL 33040

    $2,699,000
    2,396 sqft 0.27 AC lot
    Two parcels totaling 104.75' frontage on Truman Ave and 113' deep
    2,396 SF CBS corner building with indoor bar, restrooms, office and storage
    1,588 SF covered outdoor bar with outdoor entertainment area
    HNC(1‑3) - Hist Nghborhd zoning; restaurants are a conditional use
    Drive‑through liquor store on‑site; may be grandfathered
    View details
    Remodeled 150-Seat Restaurant
    Remodeled 150-Seat Restaurant

    532 Margaret Street, Key West, FL 33040

    $2,500,000
    2,490 sqft 0.11 AC lot

    Licensed dining property includes indoor-outdoor seating, a full-service bar, commercial kitchen, and an upstairs one-bedroom apartment.

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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.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Downtown Restaurant and Bar
    Downtown Restaurant and Bar

    404 Southard Street 2, Key West, FL 33040

    $3,295,000
    4,892 sqft

    Large restaurant and bar currently leased, with a rebuild date of 2005 and more than three years remaining.

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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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    Bar and Liquor Store with Drive-Through
    Bar and Liquor Store with Drive-Through

    1000-1006 Truman Avenue, Key West, FL 33040

    $3,375,000
    2,756 sqft 0.27 AC lot

    HNC(1-3) zoned bar and liquor store with indoor and covered outdoor bar, plus a drive-through pickup window.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Mobile Commercial Kitchen Van
    Mobile Commercial Kitchen Van

    Duval Street, Key West, FL 33040

    $90,000

    Mobile food-service unit equipped for on-site preparation, catered events, markets, concerts, and other service locations.

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    Corner Bar Property with Outdoor Area
    Corner Bar Property with Outdoor Area

    1000 Truman Avenue, Key West, FL 33040

    $2,699,000
    2,396 sqft 0.27 AC lot

    Two-parcel commercial property with an existing bar building, drive-through space, and covered outdoor entertainment area.

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    Mobile Seafood Restaurant
    Mobile Seafood Restaurant

    1 Mundy The Pirate Seafood Way, Key West, FL 33040

    $150,000

    Licensed mobile operation serving local seafood throughout Key West and Stock Island, with shipping also available.

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    Bar, Liquor Store & Drive-Through
    Bar, Liquor Store & Drive-Through

    1000-1006 Truman Avenue, Key West, FL 33040

    $3,375,000
    2,396 sqft 0.27 AC lot

    Corner property includes an indoor bar with liquor store, covered outdoor bar, and a drive-through pickup window.

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    Duval Street Prime Real Estate
    Duval Street Prime Real Estate

    1114 Duval Street, Key West, FL 33040

    $4,500,000
    2,760 sqft

    Prime Key West real estate with valuable unrestricted liquor license.

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    Configured Coffee Shop Space
    Configured Coffee Shop Space

    420 Eaton Street, Key West, FL 33040

    Contact for pricing
    1,239 sqft

    Food-and-beverage configuration supports café, bakery, juice bar, or quick-service concepts.

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    Restaurant Building with In-Place Lease
    Restaurant Building with In-Place Lease

    1215 Duval Street, Key West, FL 33040

    $3,675,000

    Restaurant building for sale with an established, long-time restaurant tenant and a lease already in place.

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    Leased Restaurant and Bar Property
    Leased Restaurant and Bar Property

    2-404 Southard St, Key West, FL 33040

    $3,295,000

    Large restaurant and bar is currently rented on a triple-net basis with more than three years remaining on the lease.

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    Renovated Ground-Level Bar & Pub
    Renovated Ground-Level Bar & Pub

    209 Duval St, Key West, FL 33040

    Contact for pricing
    3,200 sqft

    Fully renovated venue includes a bar, stage, restaurant equipment, ADA-compliant bathrooms, and updated building systems.

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    Corner Bar and Restaurant Opportunity
    Corner Bar and Restaurant Opportunity

    4 and 6 Charles Street, Key West, FL 33040

    Contact for pricing

    Corner property on Charles Street and Telegraph Lane in Key West, FL, offering a combined bar and restaurant use.

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    Restaurant with Duval Street Access
    Restaurant with Duval Street Access

    816 Duval St, Key West, FL 33040

    Contact for pricing

    Restaurant space opens to Duval Street and is currently configured as two concepts with a large kitchen and storage.

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    Standalone Restaurant Building with Equipment
    Standalone Restaurant Building with Equipment

    1500 Bertha Street, Key West, FL 33040

    Contact for pricing

    Previously operated as a 79-seat restaurant; remaining fixtures include a hood and walk-in cooler/freezer.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Key West, FL, we suggest to view alternatives - similar 54 Off-Market properties to explore as potential leads.

    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.

    1114 Duval St
    RESTAURANT

    1114 Duval St, Key West, FL 33040-3157

    $2,800,000
    Estimated value
    2,760 sqft 0.10 AC lot
    View details
    3416 Roosevelt Blvd
    RESTAURANT

    3416 Roosevelt Blvd, Key West, FL 33040-4224

    $2,385,000
    Estimated value
    2,508 sqft 0.44 AC lot
    View details
    816 Duval St
    RESTAURANT

    816 Duval St, Key West, FL 33040-7406

    $3,105,000
    Estimated value
    2,695 sqft 0.10 AC lot
    View details
    223 Petronia St
    RESTAURANT

    223 Petronia St, Key West, FL 33040-7373

    $285,000
    Estimated value
    2,132 sqft 0.04 AC lot
    View details
    2312 Roosevelt Blvd
    DRIVE-THRU RESTAURANT, FAST FOOD

    2312 Roosevelt Blvd, Key West, FL 33040-3836

    $2,375,000
    Estimated value
    1,704 sqft 0.73 AC lot
    View details
    202 Duval St
    NIGHTCLUB (COCKTAIL LOUNGE)

    202 Duval St, Key West, FL 33040

    $425,000
    Estimated value
    3,332 sqft 0.04 AC lot
    View details

    Key West, FL Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Key West, FL, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 27,713 square feet of properties for sale, with an estimated market value of $34,051,999.

    Sale prices for restaurant properties in Key West, FL start at $90,000, averaging $2,619,384, and reaching up to $4,500,000 — 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

    Conventional restaurants 14
    Bars & Pubs 11
    Coffee shops 3
    Commercial kitchens 3
    Drive through restaurants 2

    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 $2.3M

    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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    • 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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