1114 Duval Street, Key West, FL 33040

$3,000,000
Property Type: Commercial Sale Baths: 2 Square Footage: 2,760 Lot Size (sq. ft.): 4,309 Status: Closed
Current Price: $3,000,000 List Date: 3/14/2025 Last Modified: 9/15/2025

Description

Opportunity to purchase prime Upper Duval St. Real Estate. Now vacant and available immediately! Big bonus, the CBS building will soon have a brand new Victorian Shingle roof that is just being completed. An opportunity like this is rarely available anywhere in Key West or Monroe County. Terrific Upper Duval St. corner location with high visibility from 43' frontage on Duval St. There is all day & night foot traffic from many Hotels & Guesthouses in the immediate area. Near the Southernmost Point in Key West. Historically this property has been a popular Restaurant & Bar and Retail store. Zoning allows many commercial uses. Very solid 2,760 sf. CBS Building is currently configured with retail display space and a large, unused kitchen with existing Hood. There is also storage on 2nd floor in the attic. Additional storage, restroom and a former Back bar with access off Amelia St. Large corner lot at Duval St. and Amelia St. with 98.75' frontage on Amelia St. x 43.18' on Duval St. Same owner since 2012 motivated to sell, Bring Offers! There is a valuable, full, unrestricted 5COP Liquor License BEV5400029 is available for an additional $1,200,000.

More Information MLS# 614175

Contract Information

Listing Board: Key West Association Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No For Sale/Lease: For Sale Species List: No Current Price: $3,000,000 Listing Date: 2025-03-11 Sold Price: $3,000,000

Location, Tax & Legal

KW Neighborhood: Old Town-S of Truman City: KEY WEST Off Shore Island: No Mile Marker: 1 Marathon Neighborhood: N/A Side: N/A Flood Zone: X Alternate Key #: 1028681 Parcel #: 00027910-000000 Zoning: HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl Legal: KW SUB 1 PT LOT 1 SQR 6 TR 11 G42-226/27 OR356-133/35 OR696-869 OR851-1574 OR855-1997 OR1086-850 OR1158-1746/47 OR1158- Taxes: 14521.54 Tax Year: 2024 Street #: 1114 Street Name: Duval Street Suffix: Street Key/Island: Key West State/Province: FL Zip Code: 33040 Subdivision: Old Town - Unlisted (1.0) County: Monroe Area: 02 - Key West

General Property Description

Realtor.COM Type: Commercial Waterfront: No Control Depth: 0 Lot Size: 43 x 71 Lot SqFt: 4309 Total Units: 1 # Parking Spaces: 0 Off Street Parking: 0 # Stories: 1 SqFt Source: Tax Records Total # Buildings: 1 Building SqFt: 2760 Style: Commercial Living Apx SqFt: 2760 Year Built: 1949 Half Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: Opportunity to purchase prime Upper Duval St. Real Estate. Now vacant and available immediately! Big bonus, the CBS building will soon have a brand new Victorian Shingle roof that is just being completed. An opportunity like this is rarely available anywhere in Key West or Monroe County. Terrific Upper Duval St. corner location with high visibility from 43' frontage on Duval St. There is all day & night foot traffic from many Hotels & Guesthouses in the immediate area. Near the Southernmost Point in Key West. Historically this property has been a popular Restaurant & Bar and Retail store. Zoning allows many commercial uses. Very solid 2,760 sf. CBS Building is currently configured with retail display space and a large, unused kitchen with existing Hood. There is also storage on 2nd floor in the attic. Additional storage, restroom and a former Back bar with access off Amelia St. Large corner lot at Duval St. and Amelia St. with 98.75' frontage on Amelia St. x 43.18' on Duval St. Same owner since 2012 motivated to sell, Bring Offers! There is a valuable, full, unrestricted 5COP Liquor License BEV5400029 is available for an additional $1,200,000. Directions: Upper Duval St at corner of Duval St. & Amelia Street.

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

License Info

5-Cop (Transferable): 1 Other/See Remarks: 1

Type

Bar: 1 Restaurant: 1 Retail: 1 Other Services: 1

Fee Includes

None: 1

Misc Property Info

Recorded Plat: Yes

Dockage

None: 1

Accounts & Meters

# Sewer Accounts: 1 # Water Meters: 1 # Electric Meters: 1

Property Info

# Kitchens: 1 License Included: 1

Cooling

Central Air: 1

Waterfront

None: 1

Electric

220 Volt: 1

Waterview

No Waterview: 1

Floor

Other: 1

Windows/Doors

Other Windows/Doors: 1

Construction

CBS: 1

Land Size

Less Than 1/4 Acre: 1

Terms

No Seller Finance: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Title

Negotiable: 1

Property Rights

Beverage License: 1

Miscellaneous

High Traffc Location: 1 High Visibility: 1 Storage: 1

Roof

Metal Roof: 1

Auction Info

Auction: No

Financial Status

Bank Owned: No Potential Short Sale: No

Tenant Paid

Tnt Pays Other Utils: 1

Status Change Info

Sold Date: 2025-09-15 Sold Price: $3,000,000 Status: Closed

Property Features

License Info: 5-Cop (Transferable); Other/See Remarks Property Info: License Included Type: Bar; Restaurant; Retail; Other Services Waterfront: None Waterview: No Waterview Dockage: None Cooling: Central Air Utilities: FKAA; Municipal Sewer Miscellaneous: High Traffc Location; High Visibility; Storage Construction: CBS Electric: 220 Volt Floor: Other Roof: Metal Roof Land Size: Less Than 1/4 Acre Fee Includes: None Terms: No Seller Finance Title: Negotiable Tenant Paid: Tnt Pays Other Utils Property Rights: Beverage License
Listing Office: RE/MAX Keys Connection (KW)
Last Updated: September - 15 - 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.