About This Home

This 0-bedroom, 1-bathroom commercial at 1215 Duval Street in Key West, FL is listed for $3,475,000 ($1,549 per sqft). Built in 1953, the home offers 2,244 sqft of living space on a 0.06 acres lot.

Key Features

  • Built in 1953
  • 0.06 acre lot

Property Details

2 half
1953

Amenities

ViewA/C
Listing 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 7.04% 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.

Monthly Cost Estimate

$18,585/mo

20% down · 6.5% · 30 years

Principal$2,513
Interest$15,058
Insurance$1,014

Estimates only. Actual payments may vary.

Location

1215 Duval Street

Key West, FL 33040

Old Town - Unlisted (1.0)

Property Details

Construction

CBS

Views

Water

Parking

Off Street

Appliances

No Appliances

Questions & Answers

This 0-bedroom, 1-bathroom commercial at 1215 Duval Street is listed at $3,475,000 ($1,549/sqft). The estimated monthly payment is $18,585 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1953, 0.06 acre lot.

This property is listed by Team Gardner/Langley and can be reached at 3059022447.

TG

Team Gardner/Langley

Agent at Berkshire Hathaway Keys Real Estate | Knight & Gardner Realty

(305) 902-2447
Agent website

Listed by Berkshire Hathaway Keys Real Estate | Knight & Gardner Realty · Broker phone: (305) 294-5155 · Broker website

MLS# 620701· Source: Key West Association of Realtors· 80 days on PropertySimple

Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1215 Duval Street, Key West, FL 33040

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