About 1215 Duval Street
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 7.0% 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.
Features of 1215 Duval Street
| MLS® # | 620701 |
|---|---|
| Price | $3,675,000 |
| Bathrooms | 2.00 |
| Half Baths | 2 |
| Square Footage | 2,244 |
| Acres | 0.06 |
| Year Built | 1953 |
| Type | Commercial Sale |
| Sub-Type | Commercial |
| Status | Active |
Community Information
| Address | 1215 Duval Street |
|---|---|
| Area | 02 - Key West |
| Subdivision | Old Town - Unlisted (1.0) |
| City | Key West |
| County | Monroe |
| State | FL |
| Zip Code | 33040 |
Amenities
| Utilities | FKAA, Municipal Sewer |
|---|---|
| Parking | Off Street Parking |
| View | No Waterview |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Appliances | No Appliances |
|---|---|
| Cooling | Ceiling Fans(s) |
| Fireplace | No |
| Has Basement | No |
Exterior
| Lot Description | Less Than 1/4 Acre |
|---|---|
| Roof | Metal Roof |
| Construction | CBS |
Additional Information
| Date Listed | July 21st, 2026 |
|---|---|
| Days on Market | 2 |
| Zoning | HRCC - Historic Residential Commercial Core |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Team Gardner/langley |
|---|---|
| Office | Berkshire Hathaway HomeServices Knight & Gardner Realty |
