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
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Karen Williams-deCastro

Karen Williams-deCastro

+1(305) 394-2898
Listed by Team Gardner/Langley Berkshire Hathaway HomeServices Knight & Gardner Realty
$ 2,500,000
Est. payment | /mo

1 Bed

3 Baths

2,490 SqFt

Save
$ 2,500,000
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 $1,004

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

Schools and Properties Nearby

Karen Williams-deCastro
Karen Williams-deCastro

Broker Associate, Realtor License ID: 3314299

+1(305) 394-2898 | kwdecastrorealtor@gmail.com

Learn More About LPT Realty

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Karen Williams-deCastro, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Tour the Home

532 Margaret ST