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Commercial

718 - 720 Caroline Street, Key West

$2,095,000.00

Bedroom 0 bedrooms
Half Baths 3 half baths

  • MLS #: 616452
  • Address: 718 - 720 Caroline Street, Key West, FL 33040
  • Date Listed: 9/11/2025
  • Days on Market: 272
  • SQFT: 3424
  • Subdivision: Old Town - Unrecord (1.0)

Location Location

Agent Comments Agent Comments
Introducing a prime investment opportunity at 718-720 Caroline Street, Key West, FL now offered at a 6.5% cap rate. This historic property boasts a 3,424 SF building with three commercial units, offering versatile retail or street retail spaces for savvy investors. Built in 1918 this meticulously-maintained property captures the essence of Key West's rich architectural heritage. With a current 100% occupancy rate, it presents a lucrative prospect for investors seeking a flourishing market with a strong tenant base. Don't miss the chance to own a piece of Key West's history and secure a profitable venture in this sought-after commercial district. Businesses not for sale, please do no disturb the businesses.

Amenities Amenities
  • No Appliances

Additional Features Additional Features
  • County: Monroe
  • Property Type: Commercial
  • Tax Number: 00003560-000101
  • Waterfront Features: None
  • Water/Sewer: FKAA, Municipal Sewer, Separate Meters2
  • Year Built: 1918