3201 Flagler Ave #STE 507 Key West, FL 33040

Rare in Key West! Brand-new retail space for lease. Introducing an exceptional leasing opportunity at Flagler Center III, a new mixed-use development currently under construction and scheduled for completion in late 2026. This 1,491 ± sq. ft. retail/commercial space, created from two combined units, offers modern construction in one of Key West's most sought-after commercial corridors--something truly hard to find in today's local market. Featuring 14 residential and 14 commercial units, the project provides built-in foot traffic and strong long-term value. The space includes two parcel IDs, giving tenants the option to operate as one large unit or divide it into two smaller suites for maximum flexibility. Delivered as a white-box shell, the space is ready for your custom build-out. Additional highlights include ample parking, ADA-compliant access, excellent visibility, and prime exposure--ideal for professional services, medical, or retail users seeking new construction in a limited-inventory market.