1215 Duval Street, Key West, FL 33040
New Listing
$3,675,000
Property Type:
Commercial Sale
Baths:
2
Square Footage:
2,244
Lot Size (sq. ft.):
2,400
Status:
Active
Current Price:
$3,675,000
List Date:
7/21/2026
Last Modified:
7/23/2026
Listing Details MLS# 620701
Location, Tax & Legal
- Street #
- 1215
- Street Name
- Duval
- Street Suffix
- Street
- Key/Island
- Key West
- State/Province
- FL
- Zip Code
- 33040
- Subdivision
- Old Town - Unlisted (1.0)
- County
- Monroe
- Area
- 02 - Key West
- KW Neighborhood
- Old Town-S of Truman
- City
- KEY WEST
- Off Shore Island
- No
- Mile Marker
- 1
- Marathon Neighborhood
- N/A
- Side
- N/A
- Alternate Key #
- 1029254
- Parcel #
- 00028460000000
- Zoning
- HRCC - Historic Residential Commercial Core
- Legal
- 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
- Taxes
- 10517.24
- Tax Year
- 2025
Contract Information
- Listing Board
- Key West Association
- Limited Representation
- No
- Potential Short Sale
- No
- Bank Owned
- No
General Property Description
- Realtor.COM Type
- Commercial
- Style
- Commercial
- Lot SqFt
- 2400
- Waterfront
- No
- Building SqFt
- 2244
- SqFt Source
- Property Data Card
- Living Apx SqFt
- 2244
- Year Built
- 1953
- Half Baths
- 2
- Total Baths
- 2
- Control Depth
- 0
Association Info
- Mandatory Home Owners Asc
- No
- 1st Right of Refusal
- No
Property Info
- # Kitchens
- Yes
More Information
Financial Status
- Bank Owned
- No
- Potential Short Sale
- No
Remarks & Misc
- Remarks – Consumer
- 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.
Type
- Restaurant
- Yes
- Retail
- Yes
Fee Includes
- None
- Yes
Dockage
- None
- Yes
Appliances
- No Appliances
- Yes
Cooling
- Ceiling Fans(s)
- Yes
Waterfront
- None
- Yes
Electric
- Circuit Breakers
- Yes
Waterview
- No Waterview
- Yes
Vehicle Storage
- Off Street Parking
- Yes
Construction
- CBS
- Yes
Land Size
- Less Than 1/4 Acre
- Yes
Utilities
- FKAA
- Yes
- Municipal Sewer
- Yes
Roof
- Metal Roof
- Yes
Property Features
Type:
Restaurant; Retail
Waterfront:
None
Waterview:
No Waterview
Dockage:
None
Vehicle Storage:
Off Street Parking
Cooling:
Ceiling Fans(s)
Utilities:
FKAA; Municipal Sewer
Appliances:
No Appliances
Construction:
CBS
Electric:
Circuit Breakers
Roof:
Metal Roof
Land Size:
Less Than 1/4 Acre
Fee Includes:
None
Listing Office:
Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: July - 23 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.