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$2,999,999

  • For Sale
  • Active
  • Commercial
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Heart of Old Town Key West. Very rare FULLY RENTED income producing mixed-use property. 2/2 residential, office plus a detached restaurant. Seller financing is available to immediately start your investment opportunity! Call now for your private showing.

Full Property Details for 405 Petronia St

General

  • Price: $2,999,999
  • Taxes: $6,422 (2024)
  • Status: Active
  • Type: Commercial
  • Source: 927
  • MLS ID: 616729
  • Updated: 5/13/2026
  • Added to Site: 368 day(s) ago

Interior

  • Appliances: Range

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Location

  • Area: 02 - Key West
  • County: Monroe
  • Subdivision: Old Town - Unlisted (1.0)

Community

  • Assoc. Fees Include: None

Structural Information

  • Construction: Combo Construction
  • Square Feet: 1,596
  • Year Built: 1999

Lot Features

  • Property View: No Waterview
  • Lot Size (Acres): 0.05
  • Lot Size (Sq. Ft.): 2,094
  • Lot Dimensions: 47.33 x 44.25
  • Zoning: HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med

Water Features

  • Water View: Yes

Financial Considerations

  • Tax Amount: $6,422.55
  • Tax Year: 2024
  • Terms: 1031 Exchange, Owner May Carry

Disclosures and Reports

  • Legal Description: KW PT LOT 4 SQR 3 TR 4 H3-93 OR753-1759/60 OR872-487 OR1538-1434/35 OR2618-1210/11
  • Flood Zone: X
  • APN: 00016240-000000

Listed by RE/MAX Keys Connection (KW), Bobby W Coe IV (305) 363-9665 and RE/MAX Keys Connection (KW), Curtis A Skomp, CCIM

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Listing agents

— 405 Petronia St —

  • Bobby W Coe IV

    RE/MAX Keys Connection (KW)

  • Curtis A Skomp, CCIM

    RE/MAX Keys Connection (KW)

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 405 Petronia St

School District:Monroe County School District, Middle Torch Key, FL
NameGradesDistance
Horace O'bryant School
1105 Leon Street, Key West, FL 33040
6-81 mi
Key West High School
2100 Flagler Avenue, Key West, FL 33040
9-121.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 405 Petronia St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/04/2025
Listed
$2,999,999
417.24%
MLS
3/14/2013
Sold
$580,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 405 Petronia St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,188
12%
$825,562
14%
2024
$6,423
1%
$721,775
—
2023
$6,372
16%
$722,862
24%
2021
$5,497
-8%
$582,817
-19%
2022
$5,943
8%
$722,890
38%
2021
$5,497
-1%
$524,045
-6%
2019
$5,530
6%
$556,409
10%
2018
$5,213
13%
$505,827
10%
2017
$4,628
-10%
$459,843
-6%
2016
$5,143
-3%
$487,412
—
2015
$5,280
-4%
$487,314
—
2014
$5,473
10%
$486,309
12%
2013
$4,995
—
$434,883
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by RE/MAX Keys Connection (KW), Bobby W Coe IV (305) 363-9665 and RE/MAX Keys Connection (KW), Curtis A Skomp, CCIM

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405 Petronia Street, Key West, FL 33040 (MLS# 616729) is a Commercial property. 405 Petronia Street is currently listed for $2,999,999 and was received on October 04, 2025. Want to learn more about 405 Petronia Street? Do you have questions about finding other Commercial real estate for sale in Key West? You can browse all Key West real estate or contact a Coldwell Banker agent to request more information.

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