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218 Whitehead St 7,755 SF 100% Leased Retail Building Key West, FL 33040 $4,400,000 ($567.38/SF)
Executive Summary
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
Amenities
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Prime Old Town Key West Retail/Office Opportunity - Galleon Square Position your business in one of Key West's most sought-after commercial locations. This 950 square foot space at Galleon Square offers exceptional visibility and steady pedestrian traffic in the heart of Old Town. Surrounded by some of the island's most recognizable attractions, the property is located next door to the Mel Fisher Maritime Museum, directly across from the Custom House Museum and Mallory Square, and just steps from the historic waterfront, Duval Street, cruise ship visitors, and countless restaurants and boutiques. NNN charges are in addition to the quoted base rent.
Open commercial space available for lease in the heart of Old Town, ideally located at the corner of Greene and Whitehead Streets. Situated on the second floor, this suite features an open floor plan that is ideal for office or professional use. The space offers excellent natural light from two south-facing windows, a quiet professional setting, and shared access to common restrooms. An excellent opportunity for businesses seeking a centrally located office space in one of Key West's most desirable locations
| Space | Size | Space Use | Position | Available |
| 4 | 950 SF | Retail | In-Line | Jul 2026 |
| 7 | 501 SF | Office/Retail | - | Jul 2026 |
4
| Size |
| 950 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Jul 2026 |
7
| Size |
| 501 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Jul 2026 |
4
| Size | 950 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Jul 2026 |
Prime Old Town Key West Retail/Office Opportunity - Galleon Square Position your business in one of Key West's most sought-after commercial locations. This 950 square foot space at Galleon Square offers exceptional visibility and steady pedestrian traffic in the heart of Old Town. Surrounded by some of the island's most recognizable attractions, the property is located next door to the Mel Fisher Maritime Museum, directly across from the Custom House Museum and Mallory Square, and just steps from the historic waterfront, Duval Street, cruise ship visitors, and countless restaurants and boutiques. NNN charges are in addition to the quoted base rent.
7
| Size | 501 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Jul 2026 |
Open commercial space available for lease in the heart of Old Town, ideally located at the corner of Greene and Whitehead Streets. Situated on the second floor, this suite features an open floor plan that is ideal for office or professional use. The space offers excellent natural light from two south-facing windows, a quiet professional setting, and shared access to common restrooms. An excellent opportunity for businesses seeking a centrally located office space in one of Key West's most desirable locations
Nearby Major Retailers
Property Taxes
| Parcel Number | 00001630-000700 | Improvements Assessment | $1,756,190 |
| Land Assessment | $1,470,173 | Total Assessment | $3,226,363 |
Property Taxes
Presented by
218 Whitehead St
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