704 & 423 Duval St ,Business for Sale & Lease

704 & 423 Duval St for Sale & Lease

Price $639,500.00

• Lot size 0
• Year Build 1994
• Waterfront
• Zip 33040
• Style
• Parking Description
• Pool Yes
• Status Active

Description

Significantly reduced price as a sales incentive package of 2 profitable CBD/THC stores on Duval Street, Key West. Operating for 3 and 2 years. Prime location with heavy foot traffic from tourists and locals. Avg. monthly revenue ~$100,000, net profit ~$36,000, combined rent ~$24,850. Sale includes ~$30,000 in inventory, valid licenses (HAMP + Food Permit), and annual leases with open renewal options. Full transition support provided. Asking price: $799,500. A rare opportunity to own a high-margin retail package in Florida?s top tourist zone with immediate income potential.

KW PT LOT 1 SQR 3 TR 4 OR1339-809/10 OR1505-70/72 OR2522-2253/55

Significantly reduced price as a sales incentive package of 2 profitable CBD/THC stores on Duval Street, Key West. Operating for 3 and 2 years. Prime location with heavy foot traffic from tourists and locals. Avg. monthly revenue ~$100,000, net profit ~$36,000, combined rent ~$24,850. Sale includes ~$30,000 in inventory, valid licenses (HAMP + Food Permit), and annual leases with open renewal options. Full transition support provided. Asking price: $799,500. A rare opportunity to own a high-margin retail package in Florida?s top tourist zone with immediate income potential.

City:Key West,Zoning:HRCC1,List A O R:A-Miami Association of REALTORS,Tax Year:2024,Latitude:24.5536079,List Price:639500,Listing Id:A11810608,Longitude:-81.8012864,Mls Status:Active,Year Built:1994,Inclusions:Business Only,Other Sale Includes,Postal Code:33040,Street Name:Duval St,Coordinates:1:24.5536079,Photos Count:16,Days On Market:40,Lot Size Units:Square Feet,M I A M I R E_ Area:98 Florida Keys,On Market Date:2025-05-27,Parcel Number:00015970-000100,Property Type:Business Opportunity,Street Number:704 & 423,Public Remarks:Significantly reduced price as a sales incentive package of 2 profitable CBD/THC stores on Duval Street, Key West. Operating for 3 and 2 years. Prime location with heavy foot traffic from tourists and locals. Avg. monthly revenue ~$100,000, net profit ~$36,000, combined rent ~$24,850. Sale includes ~$30,000 in inventory, valid licenses (HAMP + Food Permit), and annual leases with open renewal options. Full transition support provided. Asking price: $799,500. A rare opportunity to own a high-margin retail package in Florida?s top tourist zone with immediate income potential.,Structure Type:1:Office/Retail,2:Other Building Type,Approval Status:Unapproved,County Or Parish:Monroe County,Expiration Date:2026-05-26,List Office Name:Oceanpointe Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:7404,Special Licenses:1:County License,2:Other,3:State License,State Or Province:FL,Tax Annual Amount:5729,Unparsed Address:704 & 423 Duval St, Key West FL 33040,Year Established:2021,Insurance Expense:7000,Listing Agreement:Exclusive Right To Sell,M I A M I R E_ Blogging:1,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:X,Original List Price:799500,Previous List Price:645000,Documents Available:1:Financial Statement,2:Copy Of Lease(S),I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks:Significantly reduced price as a sales incentive package of 2 profitable CBD/THC stores on Duval Street, Key West. Operating for 3 and 2 years. Prime location with heavy foot traffic from tourists and locals. Avg. monthly revenue ~$100,000, net profit ~$36,000, combined rent ~$24,850. Sale includes ~$30,000 in inventory, valid licenses (HAMP + Food Permit), and annual leases with open renewal options. Full transition support provided. Asking price: $799,500. A rare opportunity to own a high-margin retail package in Florida?s top tourist zone with immediate income potential.,Financial Data Source:1:Other Source Of Expenses,2:Owner Provided,3:Tax Return,Listing Contract Date:2025-05-27,Originating System I D:miamire,Street Number Numeric:704,Tax Legal Description:KW PT LOT 1 SQR 3 TR 4 OR1339-809/10 OR1505-70/72 OR2522-2253/55,M I A M I R E_ A C Percentage:3,M I A M I R E_ Current Price:639500,M I A M I R E_ Sq Ft Occupied:3300,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Geographic Area:Other Geographic Area (Out Of Area Only),M I A M I R E_ Internet Remarks:Significantly reduced price as a sales incentive ? 2 Profitable CBD/THC Retail Stores ? Prime Duval Street, Key West For sale,M I A M I R E_ Parcel Number M L X:5970,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$24.553606$-81.801299$289.58$13.33$1.00$CAoSFkNJSE0wb2dLRUlDQWdJQ1JnNUNXU0E.,Contract Status Change Date:2025-05-27,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,Number Of Full Time Employees:6,M I A M I R E_ Agent Alternate Phone:305-301-3321,M I A M I R E_ Inc Exp Statement Period:1200000,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:704 & 423 Duval St,Internet Automated Valuation Display Y N:1,