Restaurants

Key West, FL Restaurants for Sale

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Stock Island, FL Sugarloaf Key, FL Cudjoe Key, FL
13 properties
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Prime Corner Commercial Property, Key West
Updated: Dec 5, 2025
Prime Corner Commercial Property, Key West

1000 Truman Avenue, Key West, FL 33040

$2,699,000
2,396 sqft 0.27 AC lot
Prime corner location on Truman Ave with high visibility.
HNC‑1 Zoning allows for a wide range of commercial and residential uses.
Two parcels totaling 104.75' on Truman Ave and 113' deep.
2025 County Appraised Value over $2.7 Million.
Existing 2,396 sf CBS building with indoor bar, restrooms, office, storage, and potential grandfathered drive‑through.
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Key West Restaurant Opportunity
Updated: Aug 4, 2025
Key West Restaurant Opportunity

1075 Duval Street, Key West, FL 33040

$1,399,000
1,592 sqft
Prime location in the heart of Key West's bustling commercial corridor with high visibility and foot traffic.
Spacious 1,592 SqFt restaurant space formed by two combined commercial condos.
Seating capacity for 100 guests, suitable for dining and events.
Rare opportunity to own property in the vibrant Duval Square.
Ideal investment opportunity or space for a restaurant owner.
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Turnkey Restaurant in Old Town
Turnkey Restaurant in Old Town

532 Margaret Street, Key West, FL 33040

$2,950,000
2,490 sqft 0.11 AC lot

Remodeled 150-seat restaurant with apartment in Key West.

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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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Key West Bar & Liquor Store
Key West Bar & Liquor Store

1000-1006 Truman Avenue, Key West, FL 33040

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

Iconic bar and liquor store with drive-through in Key West.

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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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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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Profitable Seafood Restaurant in Key West
Profitable Seafood Restaurant in Key West

Seafood Drive, Key West, FL 33040

$624,000
512 sqft

Successful 20-seat seafood restaurant with high tourist traffic.

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Turnkey Restaurant and Bar with Outdoor Bars
Turnkey Restaurant and Bar with Outdoor Bars

4 and 6 Charles Street, Key West, FL 33040

Contact for pricing
3,648 sqft 0.08 AC lot

Turnkey restaurant and bar with outdoor bars, music stage, and fully equipped kitchen, plus income from apartments and a sublease.

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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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Turnkey Food Van with Equipment
Turnkey Food Van with Equipment

Duval Street, Key West, FL 33040

$90,000

2014 ProMaster food van with full kitchen build-out, including generator, exhaust hood, and fire suppression system.

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Seafood Business Opportunity in Key West
Seafood Business Opportunity in Key West

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

$150,000

Turnkey mobile seafood restaurant business for sale in Key West.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 13 Active listings in Key West, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 Off-Market properties to explore as potential leads, plus 4 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.

81901 Overseas Hwy, Islamorada, FL, 33036-3647
81901 Overseas Hwy, Islamorada, FL, 33036-3647

81901 Overseas Hwy, Islamorada, FL 33036

$2,200,000
4,942 sqft 0.38 AC lot

Iconic restaurant property with high visibility and flexible commercial zoning.

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Key Largo Inn Investment Opportunity
Key Largo Inn Investment Opportunity

99202 Overseas Hwy, Key Largo, FL 33037

$14,550,000
23,092 sqft 1.14 AC lot

Turnkey inn with full liquor license and development potential.

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Fully Renovated Mixed-Use Property
Fully Renovated Mixed-Use Property

91865 Overseas Highway, Key Largo, FL 33070

$6,495,000

Renovated mixed-use income property with 10 residential units and 5 established commercial tenants.

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Islamorada Development Opportunity For Sale
Islamorada Development Opportunity For Sale

80939 Overseas Hwy, Islamorada, FL 33036

$3,900,000
0.75 AC lot

Development opportunity in downtown Islamorada with restaurant and transient units.

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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.

Waterfront Land Ideal for Development
Waterfront Land Ideal for Development

7000 5Th Street, Stock Island, FL 33040

$9,499,000
77.46 AC lot

Two parcels of land perfect for commercial or residential development.

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Mixed-Use Gulffront Estate with Dock
Mixed-Use Gulffront Estate with Dock

6500-6600 Overseas Highway, Marathon, FL 33050

$9,500,000
10,852 sqft 3.86 AC lot

Gulffront mixed-use property with gated entrances, concrete dockage, and a 10,852 SF concrete mansion needing repairs.

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Waterfront Commercial Dockable Land
Waterfront Commercial Dockable Land

221 Lake Placid Ct, Everglades City, FL 34139

$675,000
0.64 AC lot

Vacant waterfront land with 12 docks and 260 feet of frontage, plus zoning permitting marina, dining, and residential uses.

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Riverfront Commercial Development Land
Riverfront Commercial Development Land

12025 Carpenter Ln lot: 7, Bonita Springs, FL 34135

$1,495,000
3.00 AC lot

Waterfront land assemblage with existing utilities and a commercial interchange zoning area along the Imperial River.

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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

$2,390,000
Estimated value
2,508 sqft 0.44 AC lot
View details
816 Duval St
RESTAURANT

816 Duval St, Key West, FL 33040-7406

$2,945,000
Estimated value
2,695 sqft 0.10 AC lot
View details
223 Petronia St
RESTAURANT

223 Petronia St, Key West, FL 33040-7373

$1,090,000
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

Value Estimation by Request
3,332 sqft 0.04 AC lot
View details
409 Caroline St
RESTAURANT

409 Caroline St, Key West, FL 33040-6501

$1,565,000
Estimated value
871 sqft 0.18 AC lot
View details
221 Duval St
RESTAURANT

221 Duval St, Key West, FL 33040-6507

Value Estimation by Request
4,604 sqft 0.13 AC lot
View details
1500 Bertha St
RESTAURANT

1500 Bertha St, Key West, FL 33040-5373

$760,000
Estimated value
2,376 sqft 0.11 AC lot
View details
1458 Kennedy Dr
RESTAURANT

1458 Kennedy Dr, Key West, FL 33040-4008

Value Estimation by Request
1,500 sqft 0.11 AC lot
View details
1207 United St
DRIVE-THRU RESTAURANT, FAST FOOD

1207 United St, Key West, FL 33040-3409

$1,365,000
Estimated value
688 sqft 0.19 AC lot
View details

Key West, FL Restaurants Market Trends and Statistics

Explore 72 restaurants for sale in Key West, FL, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 15,698 square feet of properties for sale, with an estimated market value of $21,546,998.

Sale prices for restaurant properties in Key West, FL start at $624,000, averaging $2,693,374, 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 9
Bars & Pubs 8
Drive through restaurants 2
Coffee shops 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 $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)

Average Property Price per SF

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

Retail

Residential Income

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