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Investment Highlights

  • Rarely available Boutique commercial, ground floor office condo for sale in Old Town

Executive Summary

Boutique commercial, ground floor office condo for sale in Old Town at Seafoam Condominiums. Only one of two Commercial units in the building. This 665 sf. office is turnkey and perfect for Professionals looking for a small office to own vs. paying rent every month. Great location and close to everything in Old town either by walking or biking. Exterior has several large pane windows for natural light inside. To enter off the sidewalk there are a set of gorgeous, hand made mahogany french doors. Also, there is an interior side door for private access. Interior has 12' ceilings and the layout includes front seating area with a receptionist window, administrators office and private office in rear. Half bath is ADA compliant. This unit has been totally renovated and ready to move in. Renovations include new Brazilian cherry wood floors & keystone flooring in the bathroom. upgraded electric and lighting, freshly painted, Central AC and wireless Security system. Seafoam building has coded entrance, atrium hallways and large in-ground concrete pool exclusively for Condo owners and guests. HOA fee of $1,286/mos. includes insurances and reserves. Includes Liability, Wind and Flood insurance. Building has never flooded and in X flood zone. Building is up to date with SIRS and milestone inspections. Additional $587/mos. special assessment for windstorm insurance. Same owner since 2008.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 2
  • 665 SF
  • Office/Medical
  • $415,000 ($624.06/SF)
  • -
Sale Type Investment or Owner User
Sale Conditions 1031 Exchange, Ground Lease (Leasehold), Build to Suit
APN/Parcel ID 00008320-000104
Description
Boutique commercial, ground floor office condo for sale in Old Town at Seafoam Condominiums. Only one of two Commercial units in the building. This 665 sf. office is turnkey and perfect for Professionals looking for a small office to own vs. paying rent every month. Great location and close to everything in Old town either by walking or biking. Exterior has several large pane windows for natural light inside. To enter off the sidewalk there are a set of gorgeous, hand made mahogany french doors. Also, there is an interior side door for private access. Interior has 12' ceilings and the layout includes front seating area with a receptionist window, administrators office and private office in rear. Half bath is ADA compliant. This unit has been totally renovated and ready to move in. Renovations include new Brazilian cherry wood floors & keystone flooring in the bathroom. upgraded electric and lighting, freshly painted, Central AC and wireless Security system. Seafoam building has coded entrance, atrium hallways and large in-ground concrete pool exclusively for Condo owners and guests. HOA fee of $1,286/mos. includes insurances and reserves. Includes Liability, Wind and Flood insurance. Building has never flooded and in X flood zone. Building is up to date with SIRS and milestone inspections. Additional $587/mos. special assessment for windstorm insurance. Same owner since 2008.
Sale Notes
Agent Remarks: Easy to show with advanced notice. Listing Broker must be present. Please do not disturb existing business or customers.
Show: 24 Hour Notice; LA Must Accompany; Owner Occupied
Unit Unit Size Condo Use Price NOI
Unit 2 665 SF Office/Medical $415,000 ($624.06/SF) -

Unit 2

Unit Size
665 SF
Condo Use
Office/Medical
Price
$415,000 ($624.06/SF)
NOI
-

Unit 2

Unit Size 665 SF
Condo Use Office/Medical
Price $415,000 ($624.06/SF)
NOI -
Sale Type Investment or Owner User
Sale Conditions 1031 Exchange, Ground Lease (Leasehold), Build to Suit
APN/Parcel ID 00008320-000104
Description
Boutique commercial, ground floor office condo for sale in Old Town at Seafoam Condominiums. Only one of two Commercial units in the building. This 665 sf. office is turnkey and perfect for Professionals looking for a small office to own vs. paying rent every month. Great location and close to everything in Old town either by walking or biking. Exterior has several large pane windows for natural light inside. To enter off the sidewalk there are a set of gorgeous, hand made mahogany french doors. Also, there is an interior side door for private access. Interior has 12&#39; ceilings and the layout includes front seating area with a receptionist window, administrators office and private office in rear. Half bath is ADA compliant. This unit has been totally renovated and ready to move in. Renovations include new Brazilian cherry wood floors &amp; keystone flooring in the bathroom. upgraded electric and lighting, freshly painted, Central AC and wireless Security system. Seafoam building has coded entrance, atrium hallways and large in-ground concrete pool exclusively for Condo owners and guests. HOA fee of $1,286/mos. includes insurances and reserves. Includes Liability, Wind and Flood insurance. Building has never flooded and in X flood zone. Building is up to date with SIRS and milestone inspections. Additional $587/mos. special assessment for windstorm insurance. Same owner since 2008.</li></ul>
Sale Notes
Agent Remarks: Easy to show with advanced notice. Listing Broker must be present. Please do not disturb existing business or customers.<br> Show: 24 Hour Notice; LA Must Accompany; Owner Occupied</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 665 SF
Property Type Retail (Condo)
Property Subtype
Storefront
  • General Retail Storefront Retail/Office
  • General Retail Storefront Retail/Residential
  • Office Medical
Building Class B
Floors 1
Typical Floor Size 3,710 SF
Year Built 1992
Lot Size 0.20 AC
Zoning HNC2 - Historic Residential/Office

Amenities

  • 24 Hour Access
  • Signage
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
  • Smoke Detector
Exceptionally walkable
100/100
Exceptionally drivable
100/100
Limited public transit
30/100
Very bikeable
80/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
15 min drive
2025 Population
8,498
19,854
26,575
26,442
2030 Population
8,086
18,754
25,045
24,905
2025-2030 Projected Population Growth
-4.8%
-5.5%
-5.8%
-5.8%
Median Age
49.6
44.5
43.4
43.4
College Degree + Higher
39%
35%
32%
23%
Daytime Employees
14,881
22,766
27,532
28,396
Total Businesses
1,610
2,810
3,292
3,704
Average Household Income
$115,212
$112,719
$112,966
$112,626
Median Household Income
$77,390
$83,492
$83,945
$83,529
Total Consumer Spending
$126.9M
$266.4M
$344.1M
$341.7M
2025 Households
4,244
8,683
11,169
11,106
Average Home Value
$956,646
$866,367
$846,354
$845,810

Nearby Major Retailers

IGA
Margaritaville
First Horizon Bank
Fat Tuesday
Centennial Bank
Toyota
Miami Grill
  • Listing ID: 40637460

  • Date on Market: 5/22/2026

  • Last Updated:

  • Address: 812 Fleming St, Key West, FL 33040

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