# 405 Petronia Street, Key West, FL 33040

> **TL;DR:** 0bd/4ba residential multi family, $2,999,999 ($1880/sqft), built 1999, 1,596 sqft.
> View. Est. $13,000/mo. Listed 240 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,999,999 |
| Price/sqft | $1880 |
| Bathrooms | 4 full |
| Square Feet | 1,596 |
| Year Built | 1999 |
| Lot Size | 2,178 sqft (0.05 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 240 |

## Why This Home Stands Out

- **Views** - Water

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $13,000 |
| **Total** | **$13,000** |

## Key Amenities

- View

## Property Highlights

- Built in 1999
- 0.05 acre lot

## Description

### AI Summary
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.

## Location

- **Address:** 405 Petronia Street, Key West, FL 33040
- **County:** Monroe
- **Neighborhood:** Old Town - Unlisted (1.0)
- **Coordinates:** 24.552483, -81.801524
- **Google Maps:** https://www.google.com/maps?q=24.552483,-81.801524

## Listing Agent

- **Name:** Bobby W Coe IV
- **Brokerage:** RE/MAX Keys Connection (KW)
- **Phone:** 3053639665
- **Email:** bobbyteamfloridakeys@gmail.com

## Primary Photo

![405 Petronia Street - Primary Photo](http://lh.rdcpix.com/dd4f14e37bcb7179bd01c2b4b71b0148l-f2094127595r.jpg)

*49 total photos available on [listing page](https://www.propertysimple.com/listing/405-petronia-street-key-west-fl-33040-l616729)*

---

**MLS#:** 616729 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/405-petronia-street-key-west-fl-33040-l616729)

---

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