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Commercial Real Estate in Key West & the Florida Keys by RE/MAXCommercial Real Estate in Key West & the Florida Keys by RE/MAX

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5 Ideas to Start a Business in Key West

5 Ideas to Start a Business in Key WestIf you’ve spent any time in Key West, you’re probably trying to figure out how you can start a business that’ll support full-time living in this colorful, laid-back town. Here are a few new takes on some classic business ideas to get you started.

Hotels / Motels / Bed & Breakfasts

Lodging establishments abound in Key West. To attract your share of the market, you’ll want to understand your ideal customer. While many chains cater to party-loving 20-somethings, focus on satisfying the needs of a growing number of well-heeled, travel-savvy seniors. Your hotel or bed & breakfast should deliver the right mix of comfort, luxury, and activity. Partner with a local artist to offer painting lessons to guests. Key West is known for its art community, and seniors love educational vacations.

Bar / Restaurant

Conventional bars and restaurants that serve alcohol and fatty foods to patrons is so 20th century. Start a smoothie bar that uses fresh, organic produce to refresh tourists on sunny days. Bring your passion for plant-based eating to life by starting a vegan cafe. Feature completely new recipes and plant-based takes on classics such as key lime pie and conch fritters. Get your inventory from local farmer’s markets, community-supported agriculture programs, and buying clubs such as Annie’s Buying Club that gets its seasonal organic produce from mainland Florida.

Office Buildings

While it looks like everyone in Key West is living a lazy island lifestyle, some people still have to do standard office work to make it to their next weekend SCUBA diving excursion. Digital nomads who develop apps and maintain websites also choose to land in Key West when the right opportunity presents itself. Offering co-working office spaces for rent in Key West is that opportunity. Outfit the place with high-speed internet, snacks, and an ocean view, and you’re set.

Marinas

Tourism in Key West largely centers around aquatic activities. Play host to water adventure sports outfitters with a marina. Make it a destination for other tourists by offering live music, street theater, and food trucks.

Retail Shop

Nobody visits Key West without leaving with a souvenir. Start a retail shop that delivers high-quality, locally made products that reflect Key West’s unique atmosphere.

Key West’s thriving tourism industry makes it very attractive for entrepreneurs. Make your business dreams come true with fresh ideas and the right community connections.

Hot Key West Business Opportunities

1 Henry Morgan Road W 1 $38,000,000

1 Henry Morgan Road W 1 OTHER, Florida

99 Beds 119 Baths

1 Infinity Bay Road W 145 $28,000,000

1 Infinity Bay Road W 145 OTHER, Florida

99 Beds 170 Baths

1 Media Luna Resort Road W 126 $26,000,000

1 Media Luna Resort Road W 126 OTHER, Florida

99 Beds 109 Baths

1 SEA GRAPE PLANTATION RESORT Road W $7,999,999

1 SEA GRAPE PLANTATION RESORT Road W OTHER, Florida

30 Beds 33 Baths

27340 Overseas Highway $6,900,000

27340 Overseas Highway Ramrod, Florida

3,969 SqFt

1 Lands End  West End Roatan W $6,750,000

1 Lands End West End Roatan W OTHER, Florida

25 Beds 27 Baths

328 Whitehead Street $4,995,000

328 Whitehead Street KEY WEST, Florida

5 Beds 5 Baths 2,759 SqFt 0.330 Acres

7537 Overseas Highway $3,495,000

7537 Overseas Highway MARATHON, Florida

6,750 SqFt

91865 Overseas Highway $2,300,000

91865 Overseas Highway Tavernier, Florida

15 Beds 10 Baths 10,150 SqFt

100150 Overseas Highway $2,100,000

100150 Overseas Highway KEY LARGO, Florida

58835 Overseas Highway $1,499,000

58835 Overseas Highway MARATHON, Florida

3,414 SqFt

1000 Eaton Street $1,200,000

1000 Eaton Street KEY WEST, Florida

1 Baths 989 SqFt

Pirates Road $799,000

Pirates Road Cudjoe, Florida

Pirates Road $799,000

Pirates Road Cudjoe, Florida

96,547 SqFt

103275 Overseas Highway $675,000

103275 Overseas Highway KEY LARGO, Florida

3 Beds 2 Baths 1,845 SqFt 0.240 Acres

Are You Looking for Commercial Property in the Florida Keys?

Use our site to search commercial real estate in Key West and all of the Florida Keys. Unlike the “big name” sites out there, our site is directly connected to our local MLS and is updated with new properties every HOUR. By creating a Property Manager account you can stay on top of the newest businesses that go up on the market and get Price Change alerts so you can stay ahead of other buyers and beat them to the best deals!

In the meantime, check out these 1-click searches:

  • All Businesses for Sale
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  • Hotels, Motels & Bed & Breakfasts
  • Bars & Restaurants
  • Marinas for Sale in Key West
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Newest Key West Commercial Properties on the Market

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Posted in: Buying a Business, Buying Commercial Real Estate, Buying Tips, Commercial Real Estate, Commercial Real Estate, Investing, Key West Tagged: buying a business in Key West, commercial real estate, Key West commercial real estate

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410 Caroline St.
Key West, FL 33040

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98880 Overseas Hwy.
Key Largo, FL 33037

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