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About This Home
This 0-bedroom, 1-bathroom commercial at 3201 Flagler Avenue in Key West, FL is listed for $749,000 ($502 per sqft). Built in 2026, the home offers 1,491 sqft of living space on a 0.71 acres lot.
Welcome to Flagler Center III, a brand-new mixeduse 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 soughtafter commercial corridors.
The project will feature 14 residential and 14 commercial units (with select units combined), creating builtin foot traffic and longterm 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 ADAcompliant 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 ownerusers and investors.
Key Features
- Built in 2026
- 0.71 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$4,006/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3201 Flagler Avenue
Key West, FL 33040
Flagler Center PH 3 (3)
Property Details
Construction
Views
Parking
Cooling
Appliances
Questions & Answers
This 0-bedroom, 1-bathroom commercial at 3201 Flagler Avenue is listed at $749,000 ($502/sqft). The estimated monthly payment is $3,246 based on 20% down at 6.5% interest.
Key features include: Built in 2026, 0.71 acre lot, 2 stories.
This property is listed by Irina Pytlik and can be reached at 3059877775 or irina@keystoprealty.com.








