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Listed by Team Gardner/Langley Berkshire Hathaway HomeServices Knight & Gardner Realty
$ 3,675,000
Est. payment | /mo
2 Baths
2,244 SqFt
$ 3,675,000
Est. payment | /mo
2 Baths
2,244 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,244 sqft
Price per Sqft $1,637
Subdivision Old Town - Unlisted (1.0)
MLS Listing ID 620701
Half Baths 2
HOA Y/N No
Year Built 1953
Annual Tax Amount $10,517
Tax Year 2025
Lot Size 2,400 Sqft
Acres 0.06
Lot Dimensions 48 X 50
Property Sub-Type Commercial
Land Area 2244
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.
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.
Location
State FL
County Monroe
Area 02 - Key West
Zoning HRCC - Historic Residential Commercial Core
Interior
Cooling Ceiling Fans(s)
Appliance No Appliances
Exterior
Parking Features Off Street
Utilities Available FKAA, Municipal Sewer
Waterfront Description None
Roof Type Metal Roof
Garage No
Others
HOA Fee Include None
Tax ID 00028460000000