Two-story white building with a black balcony, white picket fence, and tropical palms.
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
SEE ALL PHOTOS
Two-story white building with a black balcony, white picket fence, and tropical palms.
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
532 Margaret Street
Sold

532 Margaret Street

532 Margaret Street, Key West, FL 33040

$2,160,000
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.

1
bed

3
baths

2,490 Sq.Ft. LIVING AREA

4,974 Sq.Ft. lot

Team Gardner/Langley

Team Gardner/Langley

Features & Amenities

Interior

  • total bedrooms1
  • Total bathrooms3
  • full bathroom1
  • half bathrooms2

Area & Lot

  • Status Sold
  • Date Sold October 19, 2026
  • Living Area2,490 Sq.Ft.
  • Total Area2,490 Sq.Ft.
  • Lot Area4,974 Sq.Ft.
  • MLS® ID615015
  • TypeCommercial
  • YEAR BUILT1958
  • NeighborhoodOld Town Key West
  • View DescriptionNo Waterview

Exterior

  • STORIES2

Financial

  • Sales Price$2,160,000
  • Real Estate Tax $12,930/yr
  • Zoning HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med

Old Town Key West

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Contact Details

Berkshire Hathaway HomeServices Keys Real Estate | Knight & Gardner Realty

Key West
336 Duval Street, Key West, Florida
Lower Keys
30085 Overseas Highway, Ste 7, Big Pine Key, Florida
Marathon
9141 Overseas Highway, Marathon, Florida
Islamorada
85992 Overseas Highway, Islamorada, Florida

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