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For Sale

$7,000,000

917 Duval Street
Key West, FL 33040

Bed 4 br
Bathroom 1 ba
Sqft 2,748 sqft
Rare opportunity to own a Prime Duval Street restaurant & bar that's modern, sophisticated and has a tropical flair. Ideally located in the heart of world-famous Duval midway between the Gulf and Atlantic, the restaurant and bar were totally renovated in 2007. The property is licensed for 187 seats. Step in from the busy street to a unique and inviting open-air lounge area contiguous to an enclosed air-conditioned formal dining room. There is also additional outdoor tropical garden seating. The flexible spaces are great for private parties or business and wedding banquets. Situated high and dry in the X flood zone with 2,785sf of gross building area & a lot size of 4,802sf, the property also has ROGO entitlements for two large residential apartments. Read More

Market Status
Available
Last Updated
September 24, 2021

Property Type
Commercial Property
Year Built
1953
Bedrooms
4 BR
Baths
2 ½BA
Stories
2
Cooling System
Ceiling Fan(s)
Central Air
-
Taxes
9766.6 (2020)
Property Type
Commercial; Bar,Restaurant
Additional Areas
Half Bath; Half Bath
Water View
-

Local Market Conditions

There are currently 124 properties for sale in the Key West, FL area with the average listing price of $1,477,324. This represents an increase of +1.8% over the previous week. The 1 bedroom homes saw the largest increase in the average listing price over the previous week with a +17.2% increase. To learn more about the Key West, FL area, contact a local expert!

Market Snapshot for Key West, FL

Avg. Listing Price

$1,477,324

Wk ending Sep 4

$+26,643

+1.8%

w-o-w

124

968

473

385

198

154

Average Listing Price for Key West, FL
No. BedroomsNo. Beds Week Ending
(Sep 4)
w-o-w Week Ending
(Aug 28)
Week Ending
(Aug 21)
Week Ending
(Aug 14)
All PropertiesAll $1,477,324 +1.8% $1,450,681 $1,416,347 $1,386,205
1 bedroom1 BR $505,714 +17.2% $431,429 $434,286 $496,154
2 bedrooms2 BR $1,085,330 +1.3% $1,071,464 $1,035,630 $1,028,512
3 bedrooms3 BR $1,299,067 -0.7% $1,308,357 $1,336,156 $1,275,791
4 bedrooms4 BR $2,354,735 +2.5% $2,297,528 $2,197,292 $2,086,875

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Listing Provided By:

Terri Spottswood

Truman & Co.

Phone
This $7,000,000 Commercial Property at 917 Duval Street in Key West, FL is offered by Terri Spottswood. This $7,000,000 Commercial Property, located in the 33040 zip code, has the following property features: Dishwasher, Additional Areas, Microwave, Parking. This 917 Duval Street Commercial Property is listed under MLS listing number 596594, has 4 beds, 2 baths, and has a listing price of $7,000,000. You can find more of Terri Spottswood's listings by browsing Terri Spottswood homes for sale at HomesAndLand.com, or even more Key West homes for sale here.

Data Provided by Key West Association of Realtors