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    Key West, FL
    Restaurants

    Key West, FL Restaurants for Sale

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    Stock Island, FL Summerland Key, FL Big Pine Key, FL Cudjoe Key, FL
    14 properties
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    Restaurant Business with Outdoor Seating
    Updated: Oct 14
    Restaurant Business with Outdoor Seating

    1000 Eaton Street, Key West, FL 33040

    $35,000
    989 sqft 0.09 AC lot
    989‑square‑foot restaurant location
    Seller‑owned restaurant furniture, fixtures, and equipment included
    Indoor dining area and outdoor seating
    Corner location at Eaton and Grinnell Streets in Old Town Key West
    Lease assignment requires landlord approval
    View details
    Mixed-Use Property With Restaurant
    Updated: Oct 4, 2025
    Mixed-Use 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 residential, office, and restaurant components
    2/2 residential component with two bedrooms and two bathrooms
    Detached restaurant structure included
    1,596 square feet on a 0.05‑acre lot
    HNC(1‑3) - Hist Nghborhd zoning
    View details
    Mixed-Use Property with Detached Restaurant
    Mixed-Use Property with Detached Restaurant

    405 Petronia Street, Key West, FL 33040

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

    Fully rented property combines residential, office, and detached restaurant space.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    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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    Restaurant Condominium with Outdoor Seating
    Restaurant Condominium with Outdoor Seating

    1075 Duval Street, Key West, FL 33040

    $1,349,000

    Two combined condominium units include a dining area, commercial kitchen, and exterior seating area.

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    Restaurant with Outdoor Seating
    Restaurant with Outdoor Seating

    1075 Duval Street, Key West, FL 33040

    $1,349,000

    A commercial kitchen and dining area are served by central air conditioning.

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    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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    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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    Mobile Commercial Kitchen
    Mobile Commercial Kitchen

    Duval Street, Key West, FL 33040

    $90,000

    A 2014 food van combines cooking, refrigeration, food preparation, and service equipment in a mobile setup.

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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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    Restaurant Condominium with Outdoor Seating
    Restaurant Condominium with Outdoor Seating

    1075 Duval Street, #C1 & C2, Key West, FL 33040

    $1,349,000
    1,592 sqft

    Combined condominium units include a dining area, commercial kitchen, and outdoor seating.

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

    1215 Duval Street, Key West, FL 33040

    $3,475,000

    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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    Mobile Restaurant with Cooking Equipment
    Mobile Restaurant with Cooking Equipment

    0 Duval Street #Food Truck, Key West, FL 33040

    $90,000

    A 2014 food van is outfitted for mobile meal service, with cooking, refrigeration, sanitation, and fire-suppression equipment.

    View details
    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 14 Active listings in Key West, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 58 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Established Restaurant with Beer and Wine License
    Established Restaurant with Beer and Wine License

    116-11400 Overseas Hwy, Marathon, FL 33050

    $489,000

    Operating restaurant business with furnishings, equipment, inventory, recipes, and an existing beer and wine license.

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    Restaurant Space in Mall Plaza
    Restaurant Space in Mall Plaza

    11400 Overseas Highway 116, Marathon, FL 33050

    $489,000

    Restaurant space located in the northeast corner of Towne Square Mall, off 116th Street Gulf along U.S. Highway 1.

    View details
    Leased Restaurant and Office Property
    Leased Restaurant and Office Property

    24171 Overseas Highway, Summerland Key, FL 33042

    $1,300,000

    Existing restaurant and office improvements operate under SC - Sub Urban Commercial District zoning with leases in place.

    View details
    25-Room Hotel with Restaurant
    25-Room Hotel with Restaurant

    Summerland Key, FL 33042

    $12,250,000

    Hospitality property combining lodging, dining, licensed beverage operations, and a dive business.

    View details

    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

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

    3416 Roosevelt Blvd, Key West, FL 33040-4224

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

    816 Duval St, Key West, FL 33040-7406

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

    223 Petronia St, Key West, FL 33040-7373

    Estimated value:
    $285,000
    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

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

    202 Duval St, Key West, FL 33040

    Estimated value:
    $425,000
    3,332 sqft 0.04 AC lot
    View details
    409 Caroline St
    RESTAURANT

    409 Caroline St, Key West, FL 33040-6501

    Estimated value:
    $1,555,000
    871 sqft 0.18 AC lot
    View details
    221 Duval St
    RESTAURANT

    221 Duval St, Key West, FL 33040-6507

    Estimated value:
    $490,000
    4,604 sqft 0.13 AC lot
    View details
    1500 Bertha St
    RESTAURANT

    1500 Bertha St, Key West, FL 33040-5373

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

    1458 Kennedy Dr, Key West, FL 33040-4008

    Estimated value:
    $275,000
    1,500 sqft 0.11 AC lot
    View details

    Key West, FL Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Key West, FL, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 15,915 square feet of properties for sale, with an estimated market value of $27,476,998.

    Sale prices for restaurant properties in Key West, FL start at $35,000, averaging $1,962,642, 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 13
    Bars & Pubs 5
    Commercial kitchens 5

    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 $2.5M

    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)

    How Realmo verifies these figures

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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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