1215 Duval Street Key West, FL 33040
Other
MLS #: 620701
Courtesy Of Berkshire Hathaway Keys Real Estate | Knight & Gardner Realty
Property InformationDescription
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
- Age: Over 50 Years Old
- Appliance: No Appliances
- Exterior Type: CBS
- Legal Description: Kw Pt Lt 4 Sqr 8 Tr 11 (L-215) Or259-577/78 Or478-613 Or713-17 Or1011-1307/08 Or1401-1894/96 Or1645-1088/89 Or2055-261/6
- MLSID: 620701
- Roof Type: Metal
- Rooms: Bathroom 2
- Rooms: Bathroom 1
- View Type: Water
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