Florida Keys Realty, Inc

Financial Status

Bank Owned

No

Potential Short Sale

No

Remarks & Misc

Remarks – Consumer

Welcome to Flagler Center III, a brand-new mixed‑use development currently under construction, with groundbreaking already completed and anticipated completion by the end of 2026. This 1,491 ± sq. ft. commercial space, comprised of two combined units, presents an outstanding opportunity for businesses looking to establish or expand in one of Key West's most sought‑after commercial corridors. The project will feature 14 residential and 14 commercial units (with select units combined), creating built‑in foot traffic and long‑term value. The subject unit includes two separate parcel IDs, allowing it to be split into two individual units, offering exceptional flexibility and strong investment potential. The property offers ample parking and ADA‑compliant access. Delivered as a white box, the space allows buyers to design and build out the interior to suit their specific business needs. Ideal for professional services, medical offices, or retail use, this property benefits from strong rental demand driven by Key West's limited commercial inventory. The prime location provides excellent visibility, consistent foot traffic, and outstanding exposure, making it an excellent opportunity for both owner‑users and investors.

Type

Office Buildings

Yes

Professional Service

Yes

Retail

Yes

Shop/Strip Center

Yes

Other Services

Yes

Fee Includes

Building Insurance

Yes

Common Area Mnt

Yes

Dockage

None

Yes

Appliances

No Appliances

Yes

Cooling

Central Air

Yes

Waterfront

None

Yes

Waterview

No Waterview

Yes

Windows/Doors

Impact Rstnce Window

Yes

Vehicle Storage

Common Parking

Yes

Off Street Parking

Yes

Construction

CBS

Yes

Concrete

Yes

Frame

Yes

Land Size

None

Yes

Terms

Seller Finance Psble

Yes

Utilities

Buyer to Verify

Yes

FKAA

Yes

Property Features