532 Margaret Street , FL - KEY WEST
1 Beds, 1 Baths (full), Commercial
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.
Listing Summary for 532 Margaret Street
Price:
$3,950,000
Bedrooms:
1
Bathrooms:
1
Half Baths:
n/a
Square Footage:
2,490
Lot Sq. Ft.:
4,974
Year Built:
n/a
Property Type:
Commercial
Sub-Type:
Commercial
MLS® #:
615015
Status:
Active
Address:
532 Margaret Street
City:
Key West
State:
FL
Zip:
33040
County:
Monroe
Key:
Key West
Side of Island:
Median
Community:
Old Town Unlisted
Mile Marker:
1.00
Tax Year:
2024
Date Listed:
05-13-2025
Additional Information
Is Waterfront:
No
Waterfront Type:
n/a
View
n/a
Has Pool:
n/a
Pool Info:
n/a
Short Sale:
No
Foreclosure:
No
Pets:
n/a
Docakge Type:
n/a
Dockage Length:
n/a
Dockage Seawall:
n/a
Dockage Construction:
n/a
Security:
n/a
Building Construction:
n/a
Similar Listings For Sale to 532 Margaret Street
The information being provided by the Florida Keys MLS is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. The MLS data provided for the property above (615015) is provided courtesy of (Berkshire Hathaway HomeServices Knight & Gardner Realty). Data last updated on 06-17-2025.
