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About This Home

A fully rented income-producing mixed-use property anchors this commercial listing at 405 Petronia Street. The 1999-built structure combines a 2/2 residential unit, dedicated office space, and a detached restaurant, all currently leased. Four bathrooms serve the various components.

A range is included among the appliances. Seller financing is available, allowing an immediate investment opportunity in the heart of Old Town Key West. The property’s layout supports multiple income streams within one parcel, with the residential portion, office, and restaurant each contributing to the rental income. Situated on Petronia Street, the building provides convenient access within Key West, Florida, for tenants and visitors alike.

Agent Description

Heart of Old Town Key West. Very rare FULLY RENTED income producing mixed-use property. 2/2 residential, office plus a detached restaurant. Seller financing is available to immediately start your investment opportunity! Call now for your private showing.

Key Features

  • Built in 1999
  • 0.05 acre lot

Property Details

4 full
1999

Amenities

View

Monthly Cost Estimate

$16,045/mo

20% down · 6.5% · 30 years

Principal$2,170
Interest$13,000
Insurance$875

Estimates only. Actual payments may vary.

Location

405 Petronia Street

Key West, FL 33040

Old Town - Unlisted (1.0)

Property Details

Construction

Combo Construction

Views

Water

Appliances

Range

Questions & Answers

This 0-bedroom, 4-bathroom residential multi family at 405 Petronia Street is listed at $2,999,999 ($1,880/sqft). The estimated monthly payment is $13,000 based on 20% down at 6.5% interest.

Key features include: Built in 1999, 0.05 acre lot.

This property is listed by Bobby W Coe IV and can be reached at 3053639665 or bobbyteamfloridakeys@gmail.com.

BI

Bobby W Coe IV

Agent at RE/MAX Keys Connection (KW)

(305) 363-9665

Listed by RE/MAX Keys Connection (KW)

MLS# 616729· Source: listhub· Updated 240 days ago

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.

405 Petronia Street, Key West, FL 33040

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