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Listed price in listed location currency (USD).
$3,675,000

020

MLS® 620701

Overview

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $10,517
Days Active 6
Lot Size 0.06 Acres
Approx. Age 1953
MLS® Number 620701

Property Address: 1215 Duval St, Key West, FL, 33040-3149

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number620701
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1953
Basement
Driveway
Garage Spaces
Heat
A/CCeiling Fans(s)

Extras

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