3201 Flagler Avenue 512, Key West, FL 33040
$400,000
Property Type:
Commercial Sale
Baths:
1
Square Footage:
760
Lot Size (sq. ft.):
30,878
Status:
Active
Current Price:
$400,000
List Date:
9/13/2025
Last Modified:
10/23/2025
Description
Introducing Flagler Center III, a reimagined mixed-use commercial property located in the Key West's New Town district. A strategic rebuild and redesigning of this site is in well on it's way led by Flagler Center III Condominium Association. The project is currently seeking approval for its major development plan, signaling a fresh start for 14 commercial units and the 14 residential units on this building.
Location Highlights
• Situated on Flagler Avenue, a major east-west artery in Key West
• High visibility and traffic counts from both locals and tourists
• Proximity to Poinciana Elementary, Key West High School, and residential neighborhoods
• Easy access to U.S. Route 1 and Key West International Airport
Property Features (Proposed)
• Ground-floor retail and office suites
• Upper-level residential
• Modernized infrastructure and hurricane-resilient design
• Ample parking and ADA-compliant access
• Landscaped outdoor areas (pending approval)
Investment Potential
• Ideal for medical offices, retail, professional services, or co-working.
• Strong rental demand in Key West's limited commercial inventory
• Perfect opportunity to customize the space to your specific needs
More Information MLS# 616485
Contract Information
Current Price: $400,000
Listing Date: 2025-09-13
Listing Board: Key West Association
List Price: $400,000
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No
Location Tax Legal
Street #: 3201
Street Name: Flagler
Street Suffix: Avenue
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: Flagler Center PH 3 (3)
County: Monroe
Area: 04 - Key West
General Property Description
Realtor.COM Type: Commercial
Style: Commercial
Lot Size: 760
Lot SqFt: 30878
Waterfront: No
Business Name: N/A
Year Established: 2026-12-31
# Parking Spaces: 41
Off Street Parking: YES
# Stories: 1
Building Ht. Ft.: 101
Total # Buildings: 1
Building SqFt: 760
SqFt Source: Property Data Card
Living Apx SqFt: 760
Total Units: 14
Year Built: 2026
Half Baths: 1
Total Baths: 1
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Financial Status
Bank Owned: No
Potential Short Sale: No
Property Features
Type: Office Buildings; Professional Service; Retail; Shop/Strip Center; Other Services
Waterfront: None
Waterview: No Waterview
Dockage: None
Utilities: Buyer to Verify
Appliances: No Appliances
Construction: CBS; Concrete; Frame
Land Size: None
Fee Includes: Building Insurance; Common Area Mnt
Listing Office: Keller Williams Key West Compass Realty
Last Updated: October - 23 - 2025
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.
