For sale

$2,999,999

405 Petronia St, Key West, FL 33040

2beds

1,596sqft

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Multi Family

Built in 1912

-- sqft lot

$2,671,500 Zestimate^®

$1,880/sqft

$-- HOA

What's special

Detached restaurant

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.

277 days

249

3

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 4
Full bathrooms: 4

Appliances

Included: Oven

Interior area

Total interior livable area: 1,596 sqft

Property

Features

Water view: None
Waterfront features: None, Dockage: None

Lot

Size: 2,178 Square Feet
Features: Less Than 1/4 Acre

Details

Parcel number: 00016240000000
Zoning: HNC
Zoning description: (1-3) Hist Nghborhd Comml 1 - 3 Coastal Med

Construction

Type & style

Home type: MultiFamily
Architectural style: Conch
Property subtype: Multi Family

Materials

Combo Construction

Condition

Updated/Remodeled
New construction: No
Year built: 1912

Utilities & green energy

Sewer: Public Sewer
Utilities for property: Buyer to Verify

Community & HOA

Community

Subdivision: Old Town - Unlisted (1.0)

HOA

Has HOA: No
Services included: None

Location

Region: Key West

Financial & listing details

Price per square foot: $1,880/sqft
Annual tax amount: $6,422
Date on market: 10/4/2025

Estimated market value

$2,671,500

$2.54M - $2.81M

$5,347/mo

Price history

Date	Event	Price
1/10/2025	Price change	$2,999,999+3.4%$1,880/sqft
Source: Key West AOR #613064 Report a problem
9/30/2022	Price change	$2,900,000+384.1%$1,817/sqft
Source: FLKMLS #602634 Report a problem
11/7/2012	Listed for sale	$599,000$375/sqft
Source: Prudential Knight & Gardner Realty #117194 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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