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Florida Keys Commercial Real Estate for Sale in the Florida Keys

Total Listings 127
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$2,199,000
Key Largo
Sherrill Park   - MM: 92.50
Bed, Baths, 1,796 SqFt Days Listed: 99
-8.38% ($201,000) 1 Price Change : Last Change 44 Days Ago
Commercial - Contingent - Waterfront No
Side of Island: Median - n/a

Profitable franchise business and real estate in Key Largo! Free Standing Building with extremely rare Drive Through! Current Net Income generates approx. 10% return at asking price with minimal Owner involvement. GM in place and most employees willing to stay on for new ownership. Includes all Furniture, Fixtures & Equipment. Grill & Chill includes full lunch and dinner options. Located in the median with good visibility. Also located at the entry/exit of the new Tavernier Publix with 80 plus new housing units coming soon. There is easy access to both N & S. Bound traffic. Limited Competition for soft serve, delicious DQ Ice Cream in the area. Large Lot with ample parking. Approx. 13 years left on the DQ Franchise.

$2,200,000
Key West
New Town Unlisted   - MM: 2.00
1 Bed, 1 Baths, 1,548 SqFt Days Listed: 53
-8.33% ($200,000) 1 Price Change : Last Change 2 Days Ago
Commercial - Active - Waterfront No
Side of Island: Median - n/a

Welcome to this extraordinary property, a true gem completed in 2019, offering an unparalleled living experience with modern craftsmanship and exceptional features. Situated on an expansive double lot, this home blends beauty, durability, and functionality in every detail.Boasting solid Caribbean heart pine floors, pickled pine 20-foot ceilings, and custom-built kitchen cabinets, this home provides a warm and inviting atmosphere with a touch of elegance. Built to meet current Cat 5 hurricane codes, this home includes a foam-insulated roof, impact-resistant glass & doors, and an elevated foundation above base flood--ensuring peace of mind in extreme weather conditions.Featuring two large bathrooms and a convenient half bath, the home offers ample space for both comfort and privacy.Included on the property is a 1,548-square-foot commercial building, perfect for a business venture, workshop, or additional storage. This versatile space adds immense value to the property.Every inch of this home was built with attention to detail, ensuring a high standard of construction and design that stands the test of time. The oversized double lot provides plenty of outdoor space, allowing for a variety of possibilities from landscaping and entertaining. Plenty of room for a a large pool. Perfectly situated for privacy, yet close to essential amenities, this property offers the best of both worlds.This rare opportunity is a must-see for those seeking a one-of-a-kind home with added potential for business or personal use. Whether youre looking for a private sanctuary or a property with income-generating potential, this is the perfect fit. Schedule your tour today!

$2,300,000
Key West
Key West Realty Cos Subdivisi   - MM: 3.00
8 Bed, 8 Baths, SqFt Days Listed: 247
Commercial - Active - Waterfront No
Side of Island: N/A - n/a

Development Opportunity. (4) townhouse unit complex situated on a heavily landscaped 10,000 sq ft parcel. Comprised of (2) side by side duplexes legally subdivided as ( 4 ) individual, 750 sq ft (under air) licensed units, with (4) separate legal descriptions, parcel numbers, insurance policies, & utilities meters. At one time, there were four individual loans on each of the units as well.**** The only common area is the roof over each duplex, the shared wall between the units and walkways between, and on either side of each of the (2) duplexes. **** Each unit has its own laundry room addition directly off the kitchens with separate exterior screen doors - - (4) pairs of new washers & dryers. Current below market rents for each 2 bedroom, 1 bathroom unit runs between $2,225 to $2,900 with the lower rents soon to be increased.***** Always operated as a successful rental property, the units were never sold off, which is definitely the Highest and Best use of the complex. Added value would be to install a lap pool/ patio area in the 100 wide back yard as a common use amenity. 2nd option - would be to provide a private pool area for each of the rear (2) units, giving each one half of the large rear yard, greatly increasing their sale value. Mature landscaping that has been well maintained surrounds the property and separates the units. Other valuable amenities are the over sized covered front porches with high open beamed ceilings offering additional square footage - and - valuable on site parking for 10 cars. The property has been continually well maintained - painted, new air conditioners & water heaters replaced when needed and blinds & curtain rods on all windows. All roof screws were replaced & new ones added to code standards. ***** Under Documents Tab, see the survey with legal descriptions for each unit, floor & site plan & aerial photo. (4) Windstorm, Flood, Fire & Liability policies in place. Call for additional information. Realtor owned

$2,300,000
Lower Matecumbe
Mat Ocean Bay   - MM: 75.00
1 Bed, 1 Baths, SqFt Days Listed: 228
Commercial - Active - Waterfront No
Side of Island: Bay/Gulf - n/a

This property was originally commercial and was changed by the Village of Islamorada without notifying the owner. A land use attorney is workiing on fixing the issue so it can be commercial again. Right now the land was changed to native residential. This property is 3.2 Acres, with 1 of those acres being hardwood so it cannot be built on. 2 acres have been scarified and was being used as tennis courts with a club house on it.

$2,399,000
Key Largo
Richard Park   - MM: 103.00
Bed, Baths, 2,580 SqFt Days Listed: 509
-27.30% ($901,000) 4 Price Changes : Last Change 10 Days Ago
Commercial - Contingent - Waterfront No
Side of Island: Ocean - n/a

Commercial Opportunity to purchase one of the longest running businesses in the Florida Keys. Includes the business and the real estate. Owners are retiring. The property consists of two commercial buildings and five lots. Located at 94381 Overseas Hwy. Key Largo, FL. This is a highly visible location with excellent access from both North and Southbound traffic on US-1. Consists of 6,100 Square feet of buildings, two restrooms. Property has a mechanic shop, large store front and office spaces. All lots closest to US-1 are zoned Suburban Commercial District, the back lot oceanside is zoned Suburban Residential District.

$2,450,000
Key Largo
Twin Lakes   - MM: 103.00
Bed, Baths, SqFt Days Listed: 154
-7.55% ($200,000) 1 Price Change : Last Change 2 Days Ago
Commercial - Active - Waterfront No
Side of Island: Bay/Gulf - n/a

Exciting Opportunity: Versatile Commercial Space in Key Largo with 150 Ft. of Highway Frontage! Invest in this luxurious Key West style CBS building, an architectural masterpiece with endless potential. Boasting a wrap-around veranda, metal roof, and impact windows, it exudes elegance and durability. Fresh exterior paint enhances curb appeal, and ample parking welcomes customers and employees. The ground floor offers 2489 sq. ft. with ADA accessibility and custom trim, while the second floor provides 1350 sq. ft. for additional space. Customize this property to suit your business needs. Located bayside near John Pennekamp Coral Reef State Park, this X flood zone site ensures peace of mind. One hour from Miami Airport and 20 minutes to Ocean Reef Club, it guarantees accessibility and visibility. Currently leased to multiple businesses, it offers income-generating potential. Unleash the possibilities of this premier Key Largo location--schedule a private tour and make your entrepreneurial dreams a reality!

$2,495,000
Key West
Gwynn Subdivision   - MM: 1.00
1 Bed, 1 Baths, 3,660 SqFt Days Listed: 53
-10.73% ($300,000) 1 Price Change : Last Change 8 Days Ago
Residential I - Active - Waterfront No
Side of Island: N/A - n/a

Prime Income-Producing Property in Old Town on White St.An exceptional investment opportunity awaits in Old Town just south of Truman in the Gallery District on White Street. This 3,660 sq. ft. income-producing property features four newly renovated (2023) commercial spaces and a legal leasable renovated residential apartment, offering a diverse and steady revenue stream.Located in the desirable X Flood Zone, this property is built for durability and peace of mind, featuring impact windows and doors throughout. It boasts three separate entrances, providing flexibility for tenants and potential owner-occupants. The 650 SF area in the back of the commercial space makes an excellent location for special events such as parties, receptions and speciality dinners. Additionally, off-street parking adds convenience for residents or businesses. The nearly 1300 SF renovated residential apartment boasts high ceilings, a gorgeous kitchen, bright living space, one large bedroom, two full bathrooms and a bonus room with built in trundle bed that could be used as a second bedroom. A unique live-and-work opportunity, this property is perfect for an investor or business owner looking to reside on-site while generating income. A large storage shed (approximately 180 sq. ft.) on the south side of the building offers additional storage space or covered parking, enhancing the propertys functionality.With excellent visibility, high foot traffic, and a strong tenant mix, this is a turnkey investment with long-term appreciation potential. New owners will benefit from the gorgeous entire building renovation. Dont miss this chance to own a versatile, fully renovated, income-generating property!

$2,699,000
Key West
Gwynn Subdivision   - MM: 1.00
6 Bed, 6 Baths, 3,657 SqFt Days Listed: 57
Commercial - Active - Waterfront No
Side of Island: Median - n/a

Fantastic Investment Opportunity in Old Town Key West to own a mixed use commercial/residential building. Very visible location across from Faustos Food Market. Easy access on White St. from Old Town and Midtown. The commercial space on the 1st floor is leased to White Street Pizza. The business is not included in the sale of the building. The 2nd floor has 3 apartments (3/2, 2/1, and a large studio) that are currently rented with annual leases.

$2,750,000
Key West
Coral Estates   - MM: 2.00
2 Bed, 2 Baths, 726 SqFt Days Listed: 166
Commercial - Active - Waterfront No
Side of Island: Median - n/a

Discover an exceptional investment opportunity in the heart of Key West, Florida. This prime commercial property is perfectly located in a bustling, high-traffic area, ensuring maximum visibility. Spanning three city lots, this expansive property offers a unique blend of commercial and residential potential. The 2500 square foot commercial building is currently leased to a dental office, providing steady income. A full city lot is designated exclusively for parking, a valuable asset in this busy mid-town locale. The property has undergone numerous recent updates, ensuring modern amenities and enhanced functionality. This versatile property presents a rare opportunity to own a piece of Key West real estate that combines commercial success with a residential component.

$2,750,000
Key West
Old Town Unrecord   - MM: 1.00
6 Bed, 6 Baths, 2,587 SqFt Days Listed: 165
Residential I - Active - Waterfront No
Side of Island: Ocean - n/a

CALLING ALL INVESTORS!!Excellent income producing rental property or employee housing with 5 units. All apartments are currently rented at below market rents. With its downtown location, low flood risk, turn-key income, and transient receivership zone, this property is perfectly positioned for savvy investors. Three 1bed 1bath units, One 2 bed 1 bath unit and one studio. Please note that advanced notice is required to arrange showings, and not all units may be available for viewing as they are currently rented.No sign on property

$2,788,000
Key West
Old Town Unlisted   - MM: 1.00
6 Bed, 6 Baths, 3,876 SqFt Days Listed: 18
Commercial - Active - Waterfront No
Side of Island: Median - n/a

Unlock the potential of this exceptional multifamily complex nestled in the heart of Old Town Key West. With a total of six units offering a diverse mix of layouts, including three 1-bedroom/1-bathroom units, two 2-bedroom/1-bathroom units, and one 3-bedroom/1-bathroom unit, this property presents an unparalleled investment opportunity in one of the most coveted destinations in the Florida Keys. Dont miss your chance to seize this investment gem in the heart of Old Town Key West. Schedule a viewing today and make your mark on the vibrant landscape of Key West real estate!

$2,795,000
Key West
Gwynn Subdivision   - MM: 1.00
4 Bed, 4 Baths, 4,013 SqFt Days Listed: 39
-6.68% ($200,000) 1 Price Change : Last Change 2 Days Ago
Commercial - Active - Waterfront No
Side of Island: Median - n/a

Prime Mixed-Use Investment Opportunity in Key West!Built in 2021 to current building codes, this exceptional four-unit commercial and residential compound is a rare find in the heart of Key West. A perfect 1031 Exchange candidate, this versatile property includes two licensed townhouse residences and two licensed commercial units, offering excellent income potential and flexibility.The commercial building, positioned street-side, is a two-story frame structure with high visibility on Truman Avenue. The ground floor offers approximately 1,112 square feet of open commercial space, while the second floor spans approximately 800 square feet and features a 30-foot-wide balcony overlooking Truman Avenue. An ADA-compliant elevator provides easy access to the second floor. Both levels include fully ADA-compliant restrooms, nine-foot-high ceilings, recessed lighting, ceiling fans, central air conditioning, washer and dryer hookups, and are pre-wired and plumbed for refrigerators and sinks. At the rear of the property, the residential portion consists of a two-story, common-wall duplex, with each unit offering approximately 1,015 square feet of living space. Designed for comfort and style, each unit features two bedrooms and two and a half bathrooms, vaulted ceilings in the upstairs bedrooms, spacious island kitchens, tile flooring, and private shaded rear decks. The property is thoughtfully designed with a beautifully landscaped common courtyard that separates the commercial and residential buildings, enhancing privacy and curb appeal. This turnkey mixed-use property presents a rare opportunity to own a high-quality, income-producing asset in one of Key Wests most desirable locations. Dont miss out on this exceptional investment! *Note: 3D Tour is only of the 2 residential units.*

$2,950,000
Summerland Key
Summerland Key Cove   - MM: 25.00
Bed, Baths, SqFt Days Listed: 238
Commercial - Active - Waterfront Yes
Side of Island: Ocean - n/a

Location, Location Location: Prime waterfront commercial property in the Florida Keys with long standing Boat Rental Business. This exceptional waterfront property includes 4 60x100 lots for a total of 24,000sqft and boasts an impressive 240 feet of concrete seawall. Electric and water already on site. With excellent boat access to the Atlantic and Gulf, youre perfectly positioned to cater to water enthusiasts. Close proximity to the famous Looe Key reef, Content Key, Marvin Key, as well as some of the best fishing in the Keys, provides a wide variety of attractions to boaters looking for adventure. The property itself is conveniently situated directly on US 1. This high visibility location gives the perfect opportunity to expand the already thriving business with 18 yrs of history matched with an impressive 30% plus repeat customer base year after year. Zoned commercial, buyer please conduct proper due diligence with County for uses. Dont let this rare opportunity slip through your fingers. Your dream of owning a piece of Florida Keys paradise is just a phone call away. *Business is in full operation, please do not disturb.

$2,950,000
Upper Matecumbe Key Islamorada
Strattons   - MM: 82.50
Bed, Baths, 4,942 SqFt Days Listed: 162
-1.50% ($45,000) 1 Price Change : Last Change 5 Days Ago
Commercial - Active - Waterfront No
Side of Island: Ocean - n/a

Turnkey Restaurant opportunity with prime US1 Frontage in heart of downtown Islamorada! MOTIVATED SELLER ! This is a rare chance to own a well-established 160-seat restaurant on a highly visible corner lot with excellent US1 exposure, offering ample parking and incredible potential. Accessible from both US1, Blackwood Dr & Old Hwy, this property is ideally located within walking distance to world class high-end resorts, boutique shops, art galleries, and other popular Islamorada attractions, making it a premiere location for both local and tourist traffic.Once featured on Food Networks *Diners, Drive-Ins and Dives* with Guy Fieri, the Islamorada Shrimp Shack has been a beloved destination for locals and visitors alike. The sale includes valuable Real Estate comprised of the 4,942 sqft building on a 16,746 sqft corner parcel in a highly desirable X flood zone; Village Center zoning allows for a multitude of potential uses from professional offices, boat dealer, to workforce housing development and more. All furniture, fixtures & equipment, food truck for catering, transferable liquor license conveys, and the longtime local staff would love to stay on allowing for immediate revenues on day one. Continue with the exciting existing business or bring your vision to the highly desirable Islamorada market! Call today!

$2,995,000
Key Largo
Tavernier Ocean Shores   - MM: 92.00
Bed, Baths, 6,241 SqFt Days Listed: 416
Commercial - Active - Waterfront No
Side of Island: Ocean - n/a

Mixed Use Commercial Building with US 1 visibility located in Tavernier!! 313ft of highway Frontage! Rare find this concrete structure with approx. 6214 sq. ft commercial space situated on fenced lot with approx. 37,477 sq. ft of land in a high traffic location. Located on Northbound side of US 1 with cross street to Southbound US 1. Current use was a Private School/Institution. Many commercial opportunities with six separate units/suites connected by walkways. Commercial opportunities for retail space/office space/school/gym/medical etc. Each unit/suite has 1/2 bathrooms and building has two restrooms via exterior walkways. Land survey on file. Possibilities are endless!

$2,999,000
Stock Island
Maloney Subdivision Subdivisi   - MM: 5.00
1 Bed, 1 Baths, 1,200 SqFt Days Listed: 153
Misc Prop Rig - Active - Waterfront No
Side of Island: Ocean - n/a

Discover an exceptional investment opportunity with this sale, featuring a total of 4 parcels encompassing 30,000 square feet of prime real estate. This property includes two commercial units, totalling1,108 square feet of versatile space perfect for your business ventures. In addition, there are six (6) residential units, boasting a combined total of 6 bedrooms and 6 bathrooms across 4,597 square feet, making it ideal for rental income or multi-family living. Plus, take advantage of a vacant lot that provides endless possibilities for development or expansion. Dont miss your chance to own this diverse and valuable property!

$2,999,000
Conch Key
Conch Key   - MM: 62.50
Bed, Baths, SqFt Days Listed: 232
-11.14% ($376,000) 2 Price Changes : Last Change 24 Days Ago
Commercial - Active - Waterfront Yes
Side of Island: Bay/Gulf - n/a

This property encompasses 15 Seaview Ave, 5 Seaview Ave, and a Vacant LT-69. This property includes a fish house (approximately 1000 SQFT), a 20 ft blast freezer, 1 cooler/freezer (1 not hooked not in working condition), 2-20 ft containers boxes, 1- 30 ft container box, a Ted shed, surveillance system with 20 cameras, a lean-to working area (1 approximately 20ft x 15ft), open air covered working area, dockage can accommodate 14 boats, and there is an active permit to build a dock of 612 squared ft, but must be completed by the beginning of 2026 according to the seller, 2-1000 lb ice machines (Hoshizaki, 1 icubed ice, one flake), 2 leased 500 gallon double walled gas tanks to be paid off by the end of the year 2024.

$2,999,999
Key West
Old Town Unlisted   - MM: 1.00
2 Bed, 2 Baths, 1,596 SqFt Days Listed: 82
Commercial - Active - Waterfront No
Side of Island: Median - n/a

Heart of Old Town Key West. Very rare FULLY RENTED income producing mixed-use property. 2/2 residential, office plus a detached restaurant. Seller financing is available to immediately start your investment opportunity! Call now for your private showing.

$3,499,000
Big Coppitt
Similar Sound Subdivision   - MM: 10.00
9 Bed, 9 Baths, 10,212 SqFt Days Listed: 18
Commercial - Active - Waterfront Yes
Side of Island: Bay/Gulf - n/a

Its a Keys Dream, income producing property that allows you to float your boat out back!! Unique opportunity to own a commercial building with both canal frontage and US Hwy 1 frontage, located just outside of Key West. First time offered for sale. Elevated, concrete building has 6 commercial spaces (roughly 23 X 37 each) on the lower level and 3 residential apartments (each is a 3 bed, 2 bath, roughly 1700 sq ft each) on the upper level. All 9 units are separately metered for electric and water. Plenty of off-street parking. Elevated building also provides storage underneath. Currently has five exterior staircases (no interior stairs & no elevator). Has one exterior wheel-chair ramp for commercial spaces on the lower level. Commerical spaces all have their own front doors and each has a half bath. Accordion shutters for all commercial space front doors, plus on all windows to all units. Building is situated on three lots with 280 Ft of US Hwy 1 frontage plus 128 Ft of seawall (according to the Monroe Co property appraiser). Deep canal gives boaters easy access into the Back Country and is located close to Snipes Point, Marvin & the Mud Keys. By car, you are just a short ride into Key West. All commercial spaces are occupied, please do not disturb the tenants or their businesses. More photos coming soon.

$3,500,000
Key Colony
Key Colony Beach 1st Addn Amd   - MM: 53.50
1 Bed, 1 Baths, 11,226 SqFt Days Listed: 53
Commercial - Active - Waterfront No
Side of Island: Ocean - n/a

Prime trophy property on Key Colony Beach now for sale. This landmark & well known Restaurant and Bar has been owned, and in the past operated, by the same owner since 1990. Large 1.27 Acre lot in the heart of Key Colony Beach is very visible and has ample parking for customers and employees with 312 of frontage on W. Ocean Dr. There are two free-standing buildings on site. The main building houses the Restaurant, Bar and Banquet Hall & totals 8,436 sf. of finished sq. ft. Second building totals 2,790 sf. and has another kitchen and work areas that are somewhat unused. This is a whopping total of 11,226 sf. of finished sq. ft. for both buildings which is extremely hard to find anywhere in the Keys. Existing State Food Service License for 150- 249 Seats, KCB Cafe/Restaurant License for 150 Seats and a full liquor 5-COP-SRX liquor license that is non transferrable. Also, there is a 2b/1 ba apartment on the 2nd floor. There is an opportunity to fully utilize the building by adding Catering and more Special Events, Weddings, Parties, Meetings, etc.Zoning on Key Colony Beach is B-1, Neighborhood Business District which does allow for many Commercial uses.Property is currently leased and existing business and F, F & E not included at this time. See List Broker for details. In addition to this parcel, there is an adjoining 28,205 sf. Vacant Land parcel that may or may not be included. Roughly 147 x 191 rectangle shape. Zoning in this parcel is R-3, Multi -Unit Residential and may allow for up to 5 units to be built. Note KCB is ROGO Exempt. MLS# 613589 Price for this vacant lot is an additional $1 Million.Seller may consider Owner Financing to a Qualified & Creditworthy Buyer at Owners sole discretion.

The information being provided by the Florida Keys MLS is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated on 03-31-2025.
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