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1215 Duval Street

Key West, FL 33040
  • $3,675,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: 620701
UPDATED: 58 min ago
$3,675,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 2
    1/2 BATHS
  • 2,244
    SQFT
  • $1,638
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1953
County:

School Ratings & Info

Description

Rare chance to own a piece of the most iconic street in the Florida Keys. This turn-key commercial building at 1215 Duval Street is offered at a 7.0% cap rate with a solid, established long-time successful restaurant as the tenant and a lease already in place. (Note: the business is not for sale; the real estate and the income-producing lease are.) Positioned in the heart of Old Town's high-traffic corridor, the property benefits from year-round foot traffic, world-famous Duval Street exposure, and the enduring demand that makes Key West commercial real estate so limited and so coveted. With a dependable tenant and stabilized income from day one, this is a true passive, hands-off investment in one of the strongest small-market commercial locations in the country. Opportunities to acquire well-located Duval Street commercial real estate with an in-place lease and a proven tenant are exceedingly rare. Whether you're a 1031 exchange buyer seeking reliable cash flow or an investor looking to plant roots in paradise, 1215 Duval Street delivers location, income, and long-term upside. Schedule your private showing today.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Beach Club Brokers are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.kwrealhomesforsale.com/homes/179051958
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1215 Duval Street Key West, FL 33040

  • Price: $3,675,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 58 min ago
  • MLS #: 620701
0
Beds
0
Baths
2
½ Baths
0.06
Acres
2,244
SQFT
$1,638
$/SQFT
1953
Built
Neighborhood:
Old Town-S Of Truman
County:
Monroe
Area:
02 - Key West
Property Description
Rare chance to own a piece of the most iconic street in the Florida Keys. This turn-key commercial building at 1215 Duval Street is offered at a 7.0% cap rate with a solid, established long-time successful restaurant as the tenant and a lease already in place. (Note: the business is not for sale; the real estate and the income-producing lease are.) Positioned in the heart of Old Town's high-traffic corridor, the property benefits from year-round foot traffic, world-famous Duval Street exposure, and the enduring demand that makes Key West commercial real estate so limited and so coveted. With a dependable tenant and stabilized income from day one, this is a true passive, hands-off investment in one of the strongest small-market commercial locations in the country. Opportunities to acquire well-located Duval Street commercial real estate with an in-place lease and a proven tenant are exceedingly rare. Whether you're a 1031 exchange buyer seeking reliable cash flow or an investor looking to plant roots in paradise, 1215 Duval Street delivers location, income, and long-term upside. Schedule your private showing today.
Exterior Features

Attached Garage YN No Construction Materials CBS Dockage None Exterior Features [] Parking Features [] Roof Metal Roof Vehicle Storage Off Street Parking View [] Waterview No Waterview Window Features []

Interior Features

Appliances No Appliances Cooling Ceiling Fans(s) Cooling YN Yes Flooring [] Interior Features [] Number Of Kitchens 1

Property Features

Association Fee Includes None Association YN No Association1st Right Of Refusal No Bank Owned No Business Type RestaurantRetail Control Depth 0 Electric [] Electric Info Circuit Breakers Frontage Type [] KWNeighborhood Old Town-S of Truman Land Size Less Than 1/4 Acre Listing Terms [] Marathon Nbhd N/A Mile Marker 1 Off Shore Island YN No Potential Short Sale No Property Sub Type Commercial Special Licenses [] Tax Annual Amount 10517.24 Tax Legal Description Kw Pt Lt 4 Sqr 8 Tr 11 (L-215) Or259-577/78 Or478-613 Or713-17 Or1011-1307/08 Or1401-1894/96 Or1645-1088/89 Or2055-261/6 Tax Year 2025 Tenant Pays [] Utilities [] Utilities Info FKAAMunicipal Sewer Waterfront None Waterfront Features [] Waterfront YN No Zoning HRCC - Historic Residential Commercial Core

Listing courtesy of Team Gardner/Langley of Berkshire Hathaway HomeServices Knight & Gardner Realty: .


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Beach Club Brokers are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Beach Club Brokers
1075 Duval Street
Key West FL, 33040