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  4. 532 Margaret Street, KEY WEST, FL 33040
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532 Margaret Street
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PRICED AT ONLY: $3,950,000

Address: 532 Margaret Street, KEY WEST, FL 33040

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 upstairs perfect for on site living, staff housing, or additional rental income.

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More Like This
  • MLS#: 615015 ( Restaurant )
  • Street Address: 532 Margaret Street
  • Viewed: 2
  • Price: $3,950,000
  • Price sqft: $0
  • Waterfront: No
  • Waterfront Type: None
  • Year Built: 1958
  • Bldg sqft: 0
  • Bedrooms: 1
  • Total Baths: 3
  • Full Baths: 1
  • 1/2 Baths: 2

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 upstairs perfect for on site living, staff housing, or additional rental income.
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Features
Building and Construction
  • Construction: CBS, Combo Construction
  • Net Leasable Area: 2490.00
  • Num Stories: 2.0
  • Sqft Source: Survey
  • Total Number Of Units: 0.00
Property Information
  • Property Group Id: 19990816212135227274000000
Eco-Communities
  • Off Shore Island: No
  • Water View: No Waterview
Utilities
  • Kw Neighborhood: Old Town-N of Truman
  • Utilities: FKAA, Municipal Sewer
Finance and Tax Information
  • Fee Includes: None
  • Tax Year: 2024
Other Features
  • Alternate Key Num: 1008371
  • Appliances Other: Commercial Kitchen
  • As Is Rght To Inspct: Yes
  • Association Info 1st Right Of Refusal: No
  • Association Info Mandatory Home Owners Asc: No
  • Dockage: None
  • Flood Zone: AE
  • Legal Description: KW PT LOT 1 SQR 47 OR520-1006 OR823-2116 OR842-147 OR1250-1952 OR1418-793 OR1481-1072 OR2780-961 OR2906-697 OR2911-534 O
  • Limitd Reprsntation: No
  • Mile Marker: 1.00
  • Parcel Num: 00008110-000000
  • Side: Median
  • Species List: No
  • Style: Commercial
  • Year Established: 0000-00-00
  • Zoning: HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
Nearby Subdivisions
Benj Alburys Subd (2.0)   Blvd Professional (3.0)   Coral Estates (2.0)   Duval Sq Ph 1 & 2 (1.0)   Filer Boyle Sub (1.0)   Gardens Of Key West (1.0)   Gg Watson Sub (1.0)   Gwynn Sub (1.0)   Hilton Haven Sec 2 A (2.0)   Island City Sub (2.0)   Jack Sq Prof Cent (1.0)   Key West Prof Plaza (2.0)   Key West Realty Cos Sub (3.0)   Luani Plaza (3.0)   Macros Subd (2.0)   Moffats Sub (2.0)   Monroe Investement Co Sub (2.0   New Town - Unlisted (2.0)   New Town - Unrecord (3.0)   Offices At Northside (3.0)   Old Town - Unlisted (1.0)   Old Town - Unrecord (1.0)   Riviera Shores (3.0)   Seafoam (2.0)   Truman Ave Condo (1.0)   Viva Varela (1.0)   W C Maloney Diagram (2.0)   Webb Realty Co Sub (1.0)  
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