1215 Duval St, Key West, FL, 33040

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 7.5% 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.

Situated on the southern end of world-famous Duval Street, 1215 Duval Street enjoys one of the most recognizable and sought-after commercial locations in the Florida Keys. This premier Old Town address is surrounded by a vibrant mix of renowned restaurants, boutique shops, hotels, guesthouses, galleries, and attractions, drawing steady foot traffic from both visitors and locals throughout the year.

Positioned just steps from the Southernmost Point, South Beach, and the Southernmost House, the property benefits from exceptional visibility along one of Key West's busiest pedestrian corridors. Duval Street serves as the island's primary commercial thoroughfare, connecting historic neighborhoods with the bustling downtown district and providing unparalleled exposure for retail and restaurant tenants.

With limited commercial inventory, strict development regulations, and consistently strong tourism, this location offers the rare combination of stable investment fundamentals and long-term appreciation potential. Few properties can match the prestige, visibility, and enduring demand associated with a Duval Street address, making 1215 Duval Street a truly exceptional commercial real estate opportunity.