532 Margaret Street

532 Margaret Street, Key West, FL 33040

  • For Sale $3,495,000
  • Property Type Other
  • Property Size 2,490 SF
  • Lot Size 0.11 Acre
  • Parking Spaces Avail. 1
  • Building Class A
  • Year Built 1958
  • Year Renovated 2023
  • Date Updated Sep 3, 2025
Immerse yourself in the vibrant atmosphere of Key West, FL, where the location of the property is surrounded by an enticing array of dining and entertainment destinations. Nestled in the heart of Old Town, this renowned neighborhood offers a captivating blend of historic charm and modern allure. Just moments away, you'll discover iconic attractions such as the bustling Duval Street, the picturesque Mallory Square, and the inviting waters of the Gulf of Mexico. With its rich cultural heritage and a thriving culinary scene, the area presents an exceptional opportunity for restaurant operators and investors seeking to become part of this dynamic and lively community.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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Contacts

broker
Team Gardner-Langley

Keys Real Estate | Knight & Gardner Realty

Location

Getting Around

  • Walk Score ®

    91/100 Walker's Paradise
  • Transit Score ®

    28/100 Some Transit
  • Bike Score ®

    100/100 Biker's Paradise
Powered by Walk Score ®
  • City Key West, FL
  • Neighborhood Old Town Key West
  • Zip Code 33040

Points of Interest

  • Chevron

    0.41 miles

  • Citgo

    0.42 miles

  • Circle K

    0.87 miles

  • Shell

    0.91 miles

  • Owen's Oco-Pep

    1.07 miles

  • Electrify America

    2.14 miles

  • Mobil

    2.21 miles

  • Old Town Garage

    0.23 miles

  • 201 Front Street Garage

    0.59 miles

  • Key West Tropical Forest & Botanical Garden

    3.24 miles

  • Oceans Edge Resort & Marina Parking

    4.41 miles

  • NYAH Key West Hotel

    0.10 miles

  • Island City House Hotel

    0.13 miles

  • Westwinds Inn Key West

    0.15 miles

  • Seaport Inn

    0.19 miles

  • Frances Street Bottle Inn

    0.19 miles

  • Fitch Lodge - Key West Historic Inns

    0.22 miles

  • Fitch Lodge

    0.24 miles

  • Marquesa Hotel

    0.24 miles

  • Courtney's Place

    0.27 miles

  • Gardent Cottage

    0.28 miles

  • Mangia Mangia Pizza Cafe

    0.03 miles

  • Cafe Sole

    0.18 miles

  • Bien Caribbean-Latino Restaurant

    0.18 miles

  • Harpoon Harry's

    0.24 miles

  • Pepe’s

    0.25 miles

  • Sarabeth's Kitchen

    0.26 miles

  • Cuban Coffee Queen

    0.29 miles

  • Dueces Grill

    0.31 miles

  • Cuzzy Bubbaz

    0.31 miles

  • Seven Fish

    0.31 miles

  • Mary Immaculate Star of the Sea School

    0.42 miles

  • Montessori Children's School

    0.59 miles

  • Reynolds School

    0.63 miles

  • Horace O'Bryant Middle School

    0.70 miles

  • Mary Sands Alternative School

    0.74 miles

  • Key West High School

    1.35 miles

  • Poinciana Elementary School

    2.05 miles

  • Sigsbee Charter Elementary School

    2.13 miles

  • SFUWO School

    2.47 miles

  • Gerald Adams Elementary School

    3.65 miles

  • Inez Martin (United Methodist Wesley House) Child Development Center

    0.47 miles

  • Lighthouse Christian Academy

    3.88 miles

Frequently Asked Questions

How much does 532 Margaret Street cost?

The space currently listed for sale at 532 Margaret Street asks for $3,495,000.

What is the total square footage of 532 Margaret Street?

532 Margaret Street totals 2,490 square feet.

When was this property built?

532 Margaret Street was built in 1958.

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Contact Listing Broker
broker
Team Gardner-Langley

Keys Real Estate | Knight & Gardner Realty

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