3718 N Roosevelt Boulevard, Key West, FL 33040 (MLS# 616574)

3718 N Roosevelt Boulevard, Key West, FL 33040

$599,000

Property Type: Commercial Sale Baths: 1 Square Footage: 1,133 Lot Size (sq. ft.): 1,133 Status: Active

Current Price: $599,000 List Date: 9/22/2025 Last Modified: 11/24/2025

Description

*****Investors!!!!!****** Eight (8%) Cap Rate. Fully Leased Office Condo to a very strong tenant with very little overhead. This is the easy investment you are looking for. 3 private offices with a large conference room, nice lobby and kitchen area. Great professional building with a wonderful mix of owners and tenants. Professionally managed building. Great location with amazing signage on North Roosevelt Blvd, one of the busiest streets in all of Key West. There is also an ocean view, so you can remember where you are! Please do not go to unit without listing agent, must make an appointment to show. Call today! All owners are Florida Licensed Real Estate Brokers and listings agent is also an owner of this office/condo.

More Information MLS# 616574

Contract Information

Listing Board: Key West Association Limited Representation: No Potential Short Sale: No Bank Owned: No Current Price: $599,000 Listing Date: 2025-09-22 List Price: $599,000

Location, Tax & Legal

KW Neighborhood: New Town City: KEY WEST Mile Marker: 3 Marathon Neighborhood: N/A Side: Bay/Gulf Flood Zone: AE,AE Alternate Key #: 9087914 Parcel #: 00065181-000600 Zoning: CG - General Commercial Legal: UNIT F ROOSEVELT SUITES CONDOMINIUMS OR2255-54/117 OR2266-2403/04 OR2457-1874/77 OR2714-1821/22 OR3076-679 OR3076-683 OR Taxes: 2678.12 Tax Year: 2024 Street #: 3718 Direction: N Street Name: Roosevelt Street Suffix: Boulevard Key/Island: Key West State/Province: FL Zip Code: 33040 Subdivision: Blvd Professional (3.0) County: Monroe Area: 04 - Key West

General Property Description

Realtor.COM Type: Commercial Waterfront: Yes Control Depth: 0 Lot Size: 1133 Lot SqFt: 1133 Total Units: 0 SqFt Source: Tax Records Building SqFt: 1133 Style: Commercial Living Apx SqFt: 1133 Year Built: 1983 Half Baths: 1 Total Baths: 1

Remarks & Misc

Remarks – Consumer: *****Investors!!!!!****** Eight (8%) Cap Rate. Fully Leased Office Condo to a very strong tenant with very little overhead. This is the easy investment you are looking for. 3 private offices with a large conference room, nice lobby and kitchen area. Great professional building with a wonderful mix of owners and tenants. Professionally managed building. Great location with amazing signage on North Roosevelt Blvd, one of the busiest streets in all of Key West. There is also an ocean view, so you can remember where you are! Please do not go to unit without listing agent, must make an appointment to show. Call today! All owners are Florida Licensed Real Estate Brokers and listings agent is also an owner of this office/condo.

Deed Restrictions

Unknown: 1

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: No Condo Doc's: Yes Association Fee $: 1020.23 Assoc/Mnt Fee Per: Monthly

Type

Office Buildings: 1 Retail: 1

Fee Includes

Bldg Exterior Mnt: 1 Building Insurance: 1 Common Area Mnt: 1

Dockage

None: 1

Appliances

Refrigerator: 1

Cooling

Central Air: 1

Waterfront

Gulf Front: 1

Waterview

Bay/Gulf View: 1

Floor

Laminate: 1

Vehicle Storage

Off Street Parking: 1

Construction

CBS: 1 Concrete: 1

Land Size

1/2 - Less Than 1 AC: 1

Utilities

Buyer to Verify: 1

Title

Title Ins - Buyer: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Shutters

Panel: 1

Tenant Paid

Electric: 1 Water: 1

Status Change Info

Status: Active

Property Features

Deed Restrictions: Unknown Type: Office Buildings; Retail Waterfront: Gulf Front Waterview: Bay/Gulf View Dockage: None Vehicle Storage: Off Street Parking Cooling: Central Air Utilities: Buyer to Verify Appliances: Refrigerator Construction: CBS; Concrete Shutters: Panel Floor: Laminate Land Size: 1/2 - Less Than 1 AC Fee Includes: Bldg Exterior Mnt; Building Insurance; Common Area Mnt Title: Title Ins - Buyer Tenant Paid: Electric; Water

Listing Office: RE/MAX Keys Connection (KW)

Last Updated: November - 24 - 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.