3201 Flagler Avenue STE 507, Key West, FL 33040

$6,000

Property Type: Commercial Lease Bedrooms: 1 Square Footage: 1,491 Status: Active

Current Price: $6,000 List Date: 3/03/2026 Last Modified: 8/20/2026

Overview

Description

Rare in Key West! Brand-new retail space for lease. Introducing an exceptional leasing opportunity at Flagler Center III, a new mixed-use development currently under construction and scheduled for completion in late 2026. This 1,491 ± sq. ft. retail/commercial space, created from two combined units, offers modern construction in one of Key West's most sought-after commercial corridors--something truly hard to find in today's local market. Featuring 14 residential and 14 commercial units, the project provides built-in foot traffic and strong long-term value. The space includes two parcel IDs, giving tenants the option to operate as one large unit or divide it into two smaller suites for maximum flexibility. Delivered as a white-box shell, the space is ready for your custom build-out. Additional highlights include ample parking, ADA-compliant access, excellent visibility, and prime exposure--ideal for professional services, medical, or retail users seeking new construction in a limit ... (Read more)

Listing Details MLS# 618906

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
KW Neighborhood: New Town
Unit #: STE 507
City: KEY WEST
Off Shore Island: No
Mile Marker: 3
Marathon Neighborhoo: N/A
Side: N/A
Flood Zone: A/E
Alternate Key #: 8876033
Parcel #: 00052870000307
Zoning: RO - Residential/Office
Legal: Flagler Center Iii, A Condominium Units 507 & 508 & 7.1428% Common Elements Or1421-2021 (Re 52870-000308 Combined With T
Taxes: 2392.07
Tax Year: 2025

Contract Information

Listing Board: Key West Association
Limited Representation: No
For Sale/Lease: For Lease

General Property Description

Realtor.COM Type: Commercial
Style: Commercial
Lot SqFt: 30878
Waterfront: No
# Parking Spaces: 41
Off Street Parking: YES
# Stories: 2
SqFt Source: Property Data Card
Living Apx SqFt: 1491
Total Units: 14
Year Built: 2026
Total Bedrooms: Yes
Half Baths: Yes
Control Depth: 0

Association Info

Mandatory Home Owners Asc: Yes
1st Right of Refusal: Yes

Auction Info

Auction: No

More Information

Financial Status

Bank Owned: No
Potential Short Sale: No

Remarks & Misc

Remarks – Consumer: Rare in Key West! Brand-new retail space for lease. Introducing an exceptional leasing opportunity at Flagler Center III, a new mixed-use development currently under construction and scheduled for completion in late 2026. This 1,491 ± sq. ft. retail/commercial space, created from two combined units, offers modern construction in one of Key West's most sought-after commercial corridors--something truly hard to find in today's local market. Featuring 14 residential and 14 commercial units, the project provides built-in foot traffic and strong long-term value. The space includes two parcel IDs, giving tenants the option to operate as one large unit or divide it into two smaller suites for maximum flexibility. Delivered as a white-box shell, the space is ready for your custom build-out. Additional highlights include ample parking, ADA-compliant access, excellent visibility, and prime exposure--ideal for professional services, medical, or retail users seeking new construction in a limited-inventory market.

Type

Office Buildings: Yes
Professional Service: Yes
Retail: Yes
Shop/Strip Center: Yes
Other Services: Yes

Fee Includes

Building Insurance: Yes
Common Area Mnt: Yes

Dockage

None: Yes

Appliances

No Appliances: Yes

Cooling

Central Air: Yes

Waterfront

None: Yes

Waterview

No Waterview: Yes

Windows/Doors

Impact Rstnce Window: Yes

Vehicle Storage

Common Parking: Yes
Off Street Parking: Yes

Construction

CBS: Yes
Concrete: Yes
Frame: Yes

Land Size

None: Yes

Utilities

Buyer to Verify: Yes
FKAA: Yes

Property Features

Type: Office Buildings; Professional Service; Retail; Shop/Strip Center; Other Services Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Common Parking; Off Street Parking Cooling: Central Air Utilities: Buyer to Verify; FKAA Appliances: No Appliances Construction: CBS; Concrete; Frame Land Size: None Fee Includes: Building Insurance; Common Area Mnt

Listing Office: Keys Top Realty LLC

Last Updated: August - 20 - 2026

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.

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