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218 Whitehead St
Key West, FL 33040
Retail Property For Sale

Executive Summary

An exceptional opportunity to own one of Old Town Key West's most recognizable mixed-use investment properties. Perfectly positioned at the prominent corner of Whitehead Street and Front Street, Little Shops Off Duval enjoys unmatched pedestrian exposure in the heart of the Historic Seaport and Cruise Ship District. Located adjacent to the Mel Fisher Maritime Museum and directly across from the Audubon House, this iconic property sits along one of the busiest tourist corridors in Key West. The property encompasses approximately 7,755 square feet and features six established commercial storefronts together with a spacious three-bedroom, two-bath residential apartment, creating a diversified income-producing asset with both commercial and residential revenue streams. Long-standing tenants, and separate utility meters. Opportunities to acquire a premier corner property in this location are exceptionally rare. Whether you're seeking a legacy investment, a trophy commercial asset, or a high-profile addition to your portfolio, Little Shops Off Duval represents one of the most unique commercial ownership opportunities in the Florida Keys.
The asset consists of approximately 7,755 SF of finished space and is fully leased, featuring six commercial units (including one combined space) and a 3BD/2BA residential apartment. The building is well-maintained, elevated above flood, and offers stable income with a diversified tenant mix.
With irreplaceable positioning and long-term upside through rental growth, this property presents a strong opportunity to acquire a core asset in a premier Key West location.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,755 SF
Building Class
B
Year Built
1942
Price
$6,190,800 CAD
Price Per SF
$798.30 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.68
Lot Size
0.26 AC
Zoning
HPRD - Commercial
Frontage
116’ on Whitehead St

Amenities

  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
00001630-000700
Land Assessment
$2,068,533 CAD
Improvements Assessment
$2,470,959 CAD
Total Assessment
$4,539,493 CAD
  • Listing ID: 41286557

  • Date on Market: 2026-07-14

  • Last Updated:

  • Address: 218 Whitehead St, Key West, FL 33040

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