$2,950,000
( $1184.74Per Sq Foot )
 $15,836 est/mo Sourced by Back At You

532 Margaret Street,KEY WEST, FL 33040

KEY WEST, FL 33040

Share:

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 upstairsperfect for on-site living, staff housing, or additional rental income.

Details

MLS #615015
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Year1958
Days On Site465
Listing Provided ByBerkshire Hathaway HomeServices Knight & Gardner Realty | Team Gardner/Langley

Features

Bed(s)1
Bath(s) 3 Total
SQ Feet2,490
Story(s)2
ZoningHNC(1-3) - Hist Nghborhd Comml 1
Acreage0.11
Property ViewNo Waterview

Taxes

Property12930

Area Information

StateFL
CountyMonroe
CityKEY WEST
Zip Code33040
Area02 Key West
Community NameOld Town Unlisted (1.0)
Sourced by Back At You

Request a showing

Request a showing

Contact


Additional Information


Showing Information


Submit Form

Required Field
I agree to be contacted by Coldwell Banker Schmitt Real Estate Co. via call, email, and text for real estate services. To opt out of texts, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Our Privacy Policy is explained at https://www.realestatefloridakeys.com/privacy-policy.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys Board of Realtors.

The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Coldwell Banker Schmitt are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.

Realtor Mls Logo PNG Vector (EPS) Free Download

Contact

Learn More About This Property

StateFL
CountyMonroe
CityKEY WEST
Zip Code33040
Area02 Key West
Community NameOld Town Unlisted (1.0)
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $2.212M - $3.687M
sqft: 1,500 - 3,000
Listing Updated: August 11, 2026 at 12:23:20 PM PDT
Real Estate Links Our Domains