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3718 N Roosevelt Boulevard, Key West, FL 33040

$599,000
Property Type: Commercial Sale Baths: 1 Square Footage: 1,133 Lot Size (sq. ft.): 1,133 Status: Active
Current Price: $599,000 List Date: 9/22/2025 Last Modified: 11/24/2025

Overview

Description

*****Investors!!!!!****** Eight (8%) Cap Rate. Fully Leased Office Condo to a very strong tenant with very little overhead. This is the easy investment you are looking for. 3 private offices with a large conference room, nice lobby and kitchen area. Great professional building with a wonderful mix of owners and tenants. Professionally managed building. Great location with amazing signage on North Roosevelt Blvd, one of the busiest streets in all of Key West. There is also an ocean view, so you can remember where you are! Please do not go to unit without listing agent, must make an appointment to show. Call today! All owners are Florida Licensed Real Estate Brokers and listings agent is also an owner of this office/condo.

Listing Details MLS# 616574

Location, Tax & Legal

Street #
3718
Direction
N
Street Name
Roosevelt
Street Suffix
Boulevard
Key/Island
Key West
State/Province
FL
Zip Code
33040
Subdivision
Blvd Professional (3.0)
County
Monroe
Area
04 - Key West
KW Neighborhood
New Town
City
KEY WEST
Mile Marker
3
Marathon Neighborhood
N/A
Side
Bay/Gulf
Flood Zone
AE,AE
Alternate Key #
9087914
Parcel #
00065181-000600
Zoning
CG - General Commercial
Legal
UNIT F ROOSEVELT SUITES CONDOMINIUMS OR2255-54/117 OR2266-2403/04 OR2457-1874/77 OR2714-1821/22 OR3076-679 OR3076-683 OR
Taxes
2678.12
Tax Year
2024

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
1133
Waterfront
Yes
Building SqFt
1133
SqFt Source
Tax Records
Living Apx SqFt
1133
Year Built
1983
Half Baths
Yes
Total Baths
Yes
Control Depth
0
Total Units
0

Association Info

Mandatory Home Owners Asc
Yes
Condo Doc's
Yes
1st Right of Refusal
No
Association Fee $
1020.23
Assoc/Mnt Fee Per
Monthly

Financial Status

Bank Owned
No
Potential Short Sale
No

More Information

Remarks & Misc

Remarks – Consumer
*****Investors!!!!!****** Eight (8%) Cap Rate. Fully Leased Office Condo to a very strong tenant with very little overhead. This is the easy investment you are looking for. 3 private offices with a large conference room, nice lobby and kitchen area. Great professional building with a wonderful mix of owners and tenants. Professionally managed building. Great location with amazing signage on North Roosevelt Blvd, one of the busiest streets in all of Key West. There is also an ocean view, so you can remember where you are! Please do not go to unit without listing agent, must make an appointment to show. Call today! All owners are Florida Licensed Real Estate Brokers and listings agent is also an owner of this office/condo.

Deed Restrictions

Unknown
Yes

Type

Office Buildings
Yes
Retail
Yes

Fee Includes

Bldg Exterior Mnt
Yes
Building Insurance
Yes
Common Area Mnt
Yes

Dockage

None
Yes

Appliances

Refrigerator
Yes

Cooling

Central Air
Yes

Waterfront

Gulf Front
Yes

Waterview

Bay/Gulf View
Yes

Floor

Laminate
Yes

Vehicle Storage

Off Street Parking
Yes

Construction

CBS
Yes
Concrete
Yes

Land Size

1/2 - Less Than 1 AC
Yes

Utilities

Buyer to Verify
Yes

Title

Title Ins - Buyer
Yes

Shutters

Panel
Yes

Tenant Paid

Electric
Yes
Water
Yes

Property Features

Deed Restrictions: Unknown Type: Office Buildings; Retail Waterfront: Gulf Front Waterview: Bay/Gulf View Dockage: None Vehicle Storage: Off Street Parking Cooling: Central Air Utilities: Buyer to Verify Appliances: Refrigerator Construction: CBS; Concrete Shutters: Panel Floor: Laminate Land Size: 1/2 - Less Than 1 AC Fee Includes: Bldg Exterior Mnt; Building Insurance; Common Area Mnt Title: Title Ins - Buyer Tenant Paid: Electric; Water
Listing Office: RE/MAX Keys Connection (KW)
Last Updated: November - 24 - 2025
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.