532 Margaret ST, Key West, FL 33040
532 Margaret ST, Key West, FL 33040
532 Margaret ST, Key West, FL 33040
532 Margaret ST, Key West, FL 33040
532 Margaret ST, Key West, FL 33040
532 Margaret ST, Key West, FL 33040
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Listed by Team Gardner/Langley Berkshire Hathaway HomeServices Knight & Gardner Realty
$ 2,950,000
Est. payment | /mo

1 Bed

3 Baths

2,490 SqFt


Save
$ 2,950,000
Est. payment | /mo
Save

1 Bed

3 Baths

2,490 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,490 sqft

Price per Sqft $1,184

Subdivision Old Town - Unlisted (1.0)

MLS Listing ID 615015

Bedrooms 1

Full Baths 1

Half Baths 2

HOA Y/N No

Year Built 1958

Annual Tax Amount $12,930

Tax Year 2024

Lot Size 4,974 Sqft

Acres 0.11

Lot Dimensions 53 x 65.5

Property Sub-Type Commercial

Land Area 2490

Property Description

Completely remodeled from top to bottom, this turnkey restaurant in the heart of Old Town Key West offers a rare opportunity to own a fully updated and licensed 150-seat dining destination. Every inch of the property has been thoughtfully renovated, including brand-new electrical, plumbing, HVAC, flooring, lighting, and fixtures, creating a fresh, modern space that still captures the charm and character of historic Key West. The layout features expansive indoor-outdoor dining areas, a stylish full-service bar, and newly designed restrooms, all tailored for comfort, ambiance, and efficient flow. The commercial-grade kitchen is fully equipped with state-of-the-art appliances, ample prep space, and storage, making it ideal for high-volume service across a wide range of culinary concepts. Adding to its versatility, the property also includes a beautifully updated 1-bedroom, 1-bathroom apartment upstairs—perfect for on-site living, staff housing, or additional rental income.

Location

State FL

County Monroe

Area 02 - Key West

Zoning HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med

Interior

Appliance Other

Exterior

Utilities Available FKAA, Municipal Sewer

Waterfront Description None

Garage No

Building

Story 2

Level or Stories 2

Others

HOA Fee Include None

Tax ID 00008110-000000

Nearby Locations

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532 Margaret ST