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    Key West, FL
    Retail

    Key West, FL Retail Space for Sale

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    Stock Island, FL Sugarloaf Key, FL Cudjoe Key, FL
    17 properties
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    Multi-Unit Commercial Condo Building
    Updated: Jul 2
    Multi-Unit Commercial Condo Building

    1200-1206 White Street, Key West, FL 33040

    $1,599,000
    3,380 sqft
    Newly formed condo building with 3 commercial condos on White Street
    1206 White St. is currently vacant and ready for immediate owner‑operator occupancy or lease
    Well‑established tenants in 1200 and 1202 White St. (do not disturb)
    HNC‑1 zoning with uses including professional offices, retail sales & services, specialty shops, and restaurants
    Central air; flooring includes wood, concrete, and tile
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    This listing looks promising.

    Here's a quick look at some key insights for

    1200-1206 White Street, Key West, FL 33040

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    • Est. Cap Rate

      4%
      NOI ÷ price

    • Est. NOI

      $64K
      Annual

    • Price @ 7% Cap

      $910K
      Suggested
    View Property Analytics
    New Mixed-Use Development in Key West
    Updated: Feb 16
    New Mixed-Use Development in Key West

    3201 Flagler Avenue, Key West, FL 33040

    $749,000
    1,491 sqft 0.71 AC lot
    Prime location in sought‑after Key West commercial corridor offering excellent visibility and foot traffic.
    New construction, completion anticipated by the end of 2026, in a mixed‑use development. Benefit from built‑in foot traffic from 14 residential units.
    Flexible space: two combined units (1,491 +/- sq. ft.) with two separate parcel IDs, allowing them to be split.
    Delivered as a white box, allowing for customized build‑out to suit specific business needs.
    Strong investment potential due to Key West's limited commercial inventory and rental demand.
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    Leased Office/Retail Condo
    Leased Office/Retail Condo

    1075 Duval Street, Key West, FL 33040

    $499,000
    648 sqft

    Fully leased office/retail condo on Duval Street with recent upgrades including new AC, storefront windows, and impact-rated entrance.

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    White Box Commercial Suite
    White Box Commercial Suite

    3201 Flagler Avenue, #STE 507, Key West, FL 33040

    $749,000
    1,491 sqft

    Under-construction suite with white-box delivery, ADA access, ample parking, and flexibility to split into two units.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Turnkey Retail Condominium Suite
    Turnkey Retail Condominium Suite

    1012 Truman Avenue, Key West, FL 33040

    $439,000
    718 sqft 3,490.99 AC lot

    Turnkey retail condo with updated flooring and paint, plus HOA coverage for building and common area maintenance.

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    Updated Corner Commercial Condo
    Updated Corner Commercial Condo

    1200 White Street, Key West, FL 33040

    $599,000
    1,169 sqft

    First-floor corner unit with hurricane-rated impact windows and tenant in place, suited for retail or professional services.

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    Hurricane-Ready Retail/Office Condo
    Hurricane-Ready Retail/Office Condo

    1202 White Street, Key West, FL 33040

    $499,000
    892 sqft

    Centrally located condo with hurricane-rated windows and doors, one assigned parking spot, and condo fee coverage for insurance.

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    Leased Office-Retail Condo
    Leased Office-Retail Condo

    1075 DUVAL ST, Key West, FL 33040

    $499,000
    648 sqft

    Fully upgraded leased office/retail commercial condo with new AC, storefront windows, and impact-rated entry.

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    Historic Retail Building with Three Units
    Historic Retail Building with Three Units

    718 - 720 Caroline Street, Key West, FL 33040

    $1,995,000
    3,424 sqft

    Historic 3,424 SF storefront building features three commercial units and is offered for sale with 100% occupancy.

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    Hurricane-Ready Retail/Office Condos
    Hurricane-Ready Retail/Office Condos

    1200+1202 White Street, Key West, FL 33040

    $1,050,000
    2,061 sqft

    Two combined first-floor commercial condos with hurricane-rated windows and doors, designed for flexible retail and professional use.

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    Mixed-Use Income Property with Tall Ceilings
    Mixed-Use Income Property with Tall Ceilings

    402 Applerouth Ln, Key West, FL 33040

    $2,490,000
    5,000 sqft

    Mixed-use building with residential and commercial units and tall ceilings in an X Flood Zone location.

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    Old Town Storefront Opportunity
    Old Town Storefront Opportunity

    601 Fleming Street, Key West, FL 33040

    Contact for pricing
    805 sqft 0.04 AC lot

    Compact storefront with flexible use potential and base-rent terms, positioned near Old Town Key West foot traffic.

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    Street-Front Retail Space
    Street-Front Retail Space

    221 Duval Street, Key West, FL 33040

    Contact for pricing
    500 sqft 0.12 AC lot

    Street-front retail suite with walk-in cooler, bar area, and private restroom, suited for grab-and-go or specialty beverage service.

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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 Retail Space Available
    Key West Retail Space Available

    431 Front Street, Key West, FL 33040

    Contact for pricing
    326 sqft 0.26 AC lot

    326 SF retail space in high-traffic Key West location.

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    Retail Condominium Suite
    Retail Condominium Suite

    1012 Truman Avenue, #6, Key West, FL 33040

    $439,000

    Turnkey retail or office condominium with recent interior upgrades and an HOA covering key building and common-area services.

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    Unrestricted Liquor License For Sale
    Unrestricted Liquor License For Sale

    903 Duval St, Key West, FL 33040

    $1,290,000

    Valuable, unrestricted 5-COP liquor license available in Monroe County.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 17 Active Listings in Key West, FL, we suggest to view alternatives - similar 55 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.

    1075 Duval St Ste C22
    RETAIL STORES (PERSONAL SERVICES)

    1075 Duval St Ste C22, Key West, FL 33040-3196

    Value Estimation by Request
    577 sqft 2.02 AC lot
    View details
    1209 Truman Ave Ste, Unit 1
    RETAIL STORES (PERSONAL SERVICES)

    1209 Truman Ave Ste, Key West, FL 33040-3396

    Unit 1
    Value Estimation by Request
    1,156 sqft 0.26 AC lot
    View details
    500 White St
    RETAIL STORES (PERSONAL SERVICES)

    500 White St, Key West, FL 33040-7151

    $1,040,000
    Estimated value
    3,960 sqft 0.25 AC lot
    View details
    1021 White St
    RETAIL STORES (PERSONAL SERVICES)

    1021 White St, Key West, FL 33040-3324

    Value Estimation by Request
    3,991 sqft 0.11 AC lot
    View details
    3835 Seaside Dr
    RETAIL STORES (PERSONAL SERVICES)

    3835 Seaside Dr, Key West, FL 33040-5253

    $1,465,000
    Estimated value
    1,812 sqft 0.04 AC lot
    View details
    5610 Overseas Hwy
    RETAIL STORES (PERSONAL SERVICES)

    5610 Overseas Hwy, Key West, FL 33040-4317

    $5,240,000
    Estimated value
    14,822 sqft 2.51 AC lot
    View details
    1438 Kennedy Dr
    RETAIL STORES (PERSONAL SERVICES)

    1438 Kennedy Dr, Key West, FL 33040-4008

    $825,000
    Estimated value
    2,000 sqft 0.20 AC lot
    View details

    Key West, FL Retail Space Market Trends and Statistics

    Explore 72 retail space for sale in Key West, FL, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 20,258 square feet of properties for sale, with an estimated market value of $13,672,000.

    Sale prices for retail space in Key West, FL start at $439,000, averaging $1,242,909, 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

    Storefront properties 27
    Auto shops 1
    Automotive properties 1
    Grocery and convenience stores 1
    Shopping centers 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 $718.8K

    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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