About This Home

This 0-bedroom, 2-bathroom commercial at 718 - 720 Caroline Street in Key West, FL is listed for $1,995,000 ($583 per sqft). Built in 1918, the home offers 3,424 sqft of living space on a N/A lot.

Key Features

  • Built in 1918

Property Details

3 half
1918

Amenities

View
Listing Description

Introducing a prime investment opportunity at 718-720 Caroline Street, Key West, FL now offered at a 6.7% cap rate. This historic property boasts a 3,424 SF building with three commercial units, offering versatile retail or street retail spaces for savvy investors.

Built in 1918 this meticulously-maintained property captures the essence of Key West's rich architectural heritage. With a current 100% occupancy rate, it presents a lucrative prospect for investors seeking a flourishing market with a strong tenant base. Don't miss the chance to own a piece of Key West's history and secure a profitable venture in this sought-after commercial district. Businesses not for sale, please do no disturb the businesses.

Monthly Cost Estimate

$10,670/mo

20% down · 6.5% · 30 years

Principal$1,443
Interest$8,645
Insurance$582

Estimates only. Actual payments may vary.

Location

718 - 720 Caroline Street

Key West, FL 33040

Old Town - Unrecord (1.0)

Property Details

Construction

Frame

Views

Water

Appliances

No Appliances

Questions & Answers

This 0-bedroom, 2-bathroom commercial at 718 - 720 Caroline Street is listed at $1,995,000 ($583/sqft). The estimated monthly payment is $10,670 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1918.

This property is listed by Team Gardner/Langley.

TG

Team Gardner/Langley

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

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

MLS# 616452· Source: Key West Association of Realtors· 413 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.

718 - 720 Caroline Street, Key West, FL 33040

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