Located off the 500 block of Duval. High traffic location on Applerouth Lane between Duval Street and Whitehead Street. This is real estate only. Business is not for sale. Second floor is currently unused. PROPERTY IS IN THE TRANSIENT LICENSE ZONE. DO NOT DISTURB BUSINESS.
Old Town Multi-Use PropertyLocated on Truman Avenue, this distinctive property features five legal long-term rental apartments, making it ideal for steady income or employee housing.Unit 101, a CBS building, offers the potential for commercial conversion (buyer to verify), provided the residential units remain onsite, creating valuable flexibility within Key Wests transient receivership zone.Highlights include:8 bedrooms and 5 bathrooms$11,650 monthly rental incomeLocated in an X flood zoneThis property presents a unique opportunity to combine income-generating apartments with potential commercial space, all in a prime Old Town location.
Prime Old Town Commercial Opportunity in Key West, Florida! Building & land for sale. This commercial property is located on the Petronia Street Corridor in the heart of Bahama Village and features 2,132 sq ft, two stories + third floor storage, a covered balcony and commercial kitchen.Currently configured as turn key 98 seat restaurant. The versatile HNCD Zoning allows for many uses including business and professional offices, retail and restaurants.Location Location Location! Bahama Village is a vibrant and thriving community in Old Town & home to some of the best shopping and restaurants in Key West. This property is located between the famous Blue Heaven and the locals favorite Santiagos Bodega. New housing developments less than two blocks away combined with proximity to the Truman Waterfront; home to legendary sunsets, everyones favorite splash pad, Coffee Butler Amphitheater & Fort Zachary Taylor make this property the perfect opportunity for your next business venture.
ABSOLUTE PRIME LOCATION: freestanding multi-tenant CBS building perfectly located in the very heart of the busy White St commercial corridor on the NE corner of White and Virginia St, and directly across White St from the iconic Sandys Cafe and across Virginia St from equally iconic Faustos Food Palace. This 3,991 SF CBS building is currently configured for three retail tenants and is an excellent investment opportunity, ideal for a 1031 Exchange. Two of the 3 tenants front White St (both leases expire Spring 2026). The third, approximately 1500 SF back spaces lease recently expired, and sits freshly painted and empty for ease of showing and is available. The back space fronts Virginia St. (the entrance address is 1203 Virginia). The building has outstanding corner visibility for vehicles, bikes, and pedestrians for retail/commercial tenants on one of the busiest commercial corridors and signalized intersections in Old Town Key West. Truly an Old Town steal at $525 PSF at list price, given the top-notch condition of the building and its prime location.
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
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!
Motivated Sellers! Bring Offers! 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.
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.
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
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!
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.*
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.
Rare Multi-Family Investment Opportunity in Old Town Key West. This unique property is comprised of eight updated one-bedroom, one-bathroom units. 2 buildings situated on a 5,575 SqFt lot. It offers an exceptional opportunity for employers seeking staff housing, investors interested in a 1031 Exchange, or those considering a condo conversion. Please note that advanced notice is required to arrange showings, and not all units may be available for viewing as they are currently rented.
Little Shops Off Duval is for sale! 6 commercial units and a 3 bedroom 2 bath apartment in the heart of the historic district. Corner of Front Street and Whitehead. Next to Mel Fisher museum and across the street from Audubon House.Current tenants include: Comedy Club, Kirbys Closet, Danger Charters, Gem store, Cayo Hair salon, Little Whitehouse Subs.Many improvements to the building in the last few years. City is building a new Park adjacent to property on Front Street. Location, Location, Location
Opportunity to purchase prime Duval St. Real Estate with a very valuable, full, unrestricted 5COP Liquor License BEV5400029 included. An opportunity like this is rarely available anywhere in Key West or Monroe County. State issued Liquor License alone known to have sold recently well over $1 Million. Terrific Upper Duval St. corner location with high visibility from 43 frontage on Duval St. There is all day & night foot traffic from many Hotels & Guesthouses in the immediate area. Near the Southernmost Point in Key West. Historically this property has been a popular Restaurant & Bar and Retail store. Very solid 2,760 sf. CBS Building is currently configured with retail display space and a large, unused kitchen with existing Hood. There is also storage on 2nd floor in the attic. Additional storage, restroom and former Back bar with access off Amelia St.Large corner lot at Duval St. and Amelia St. with 98.75 frontage on Amelia St. x 43.18 on Duval St. Same owner since 2012 motivated to sell, Bring Offers! Existing business not included in sale.
Motivated Seller!10 Unit Apartment building with ground floor commercial. The ground floor is currently being used as a laundromat, that has an office and two large storage areas. 24 parking spaces are on this property.
Buy a Bar & Liquor Store in Key West! Dons Place is the opportunity to purchase an Iconic and Landmark Indoor and Outdoor Bar & a Liquor Store with a Drive Through! This package is rarely available in Key West or anywhere in the Keys. Big bonus is that is includes a very valuable, full, unrestricted & transferrable 5-COP Liquor License that includes Tobacco & Retail Beverage with no food requirement! BEV 5400161.The Indoor Bar and adjoining Liquor Store are in the main corner, CBS 2,396 sf. building along with mens and womens restrooms, office & storage. The building also operates maybe the only drive through, pick up window for Beer, Wine and Liquor left in the Keys! Several major repairs include new AC unit, new Bar and plumbing. New roof in 2022. There is an assuring backup propane Generac Generator with automatic transfer. All Furniture, Fixtures and Equipment included.Outside is another 1,588 sf. covered outdoor Bar for entertaining, weddings, special events and parties. There is bar and table seating and a separate small office/storage building. The Bar and Liquor store are popular with both tourists and locals. The business is family managed with absentee owners and a few long time employees. Current Bar hours are 7am until 4am, 7 days per week. The Bar and Liquor Store are a money making operation with so many opportunities for growth for a new owner. Currently there is no food service on site, only pre-packaged snacks sold, but HNC -1 Zoning allows Restaurants and likely Food Trucks for added income.Same absentee owners since 1998 and first time listed for sale. Sellers may consider Seller financing to a Qualified Buyer at Sellers discretion.
Ahoy, dreamers and visionaries! Step into the pages of Key West history with this captivating waterfront property, whispering tales of Old Town charm from its perch on the edge of paradise. Built prior to 1912, and lovingly held by the same family for over a century, this sprawling 15,609 square foot lot, zoned General Commercial, awaits your masterpiece. Picture a bustling restaurant serving up fresh seafood and island vibes, a charming boutique hotel nestled amidst tropical gardens, or a tranquil marina where sailboats sway in the gentle breeze. The possibilities are as endless as the ocean views. This unique property boasts a legal five-unit multi-family configuration, including a historic main house and a separate cottage. The main house features four units with a total of 5 bedrooms and 4 bathrooms, perfect for accommodating guests or creating a vibrant community. Meanwhile, the charming cottage, with its 2 bedrooms and 1 bathroom, offers a private oasis for rest and relaxation. Nestled beside Garrison Bight, a stones throw from Bayview Park and Tennis Courts, and just a bike ride away from some of the islands most stunning beaches and attractions, this location is a true Key West treasure. The property is currently tenant-occupied; please allow 48 hours notice for viewings (and you might not be able to see all units in one go). Buyers to verify restoration and development rights to unlock the full potential of this historic gem. Ready to set sail on a new adventure? This once-in-a-lifetime Key West investment is calling your name. Dont miss out, schedule your private showing today!
Concrete building with loading dock in the Seaport District of Old Town Key West. Currently used as retail/warehouse/workshop downstairs (approx. 5,000 SF) and office/storage/apartment on 2nd floor (approx. 3,750 SF). 9 parking spaces in front and on side. Loading dock and side ramp into building. Building has generator, propane tanks and 3 Phase electric for all kinds of commercial use. Elevated above flood plane. A lot of opportunity in this HRCC 2 zone.
EXTRAORDINARY RENOVATED RESTAURANT & BAR OPPORTUNITY! This historic and uniquely Key West indoor/outdoor restaurant and bar is in an ideal location in the heart of world-famous Duval Street. OWNERS NOW willing to negotiate a Lease/Purchase alternative (min 5 years) with only 20% key-money up front plus market rent for turn-key use of fully equipped kitchen and all restaurant/bar FF&E! The current owners, sadly forced to sell due to personal health issues, have renovated the entire space and completed the long and grueling approval process that increased seating capacity and added significant value. The property, 2,695 SF of air-conditioned interior space with an additional 2,697 SF of usable shaded outdoor space, much of it covered, sits on a 4,470 SF tropically landscaped lot. The building has been transformed from the previous iconic French bakery, which was authorized for 71 seats and with only a beer and wine license, to a full service, all on one level, 128-seat destination restaurant, now with a 5COP Liquor License and full bar overlooking the electric energy of Duval Street. The renovation, led by one of Key Wests top architects and accomplished by one of Key Wests finest contractors, addressed all the major structural and maintenance issues and the result is simply stunning. The huge commercial kitchen is fully equipped and can easily service the 128 seats plus additional catering. All of the new tables, chairs, fixtures, equipment, professional landscaping, and lighting will convey with the sale. The current business and Bangkok Happy Bowl name, however, will NOT convey. This is an incredible turn-key opportunity as a new owner could begin serving cocktails and food the moment they walk away from the closing table! A full inventory and equipment list will be provided to qualified buyers.