Millennials are stepping into entrepreneurial positions, and their typical character traits make them perfect to run a business in the Florida Keys. Let’s discuss why Millennials are well-suited for running a business in the Florida Keys.

Millennials Structure Advancement Differently

Millennials consider career advancement as the most important aspect of a job. This advancement looks different for Millennials than it did for older generations. Millennials aren’t as concerned about earning promotions based on seniority. Millennials believe in creative, quality work. They see a willingness to contribute to the company as a team member as more valuable than seniority. Because of this, Millennial-owned businesses tend to use a flatter structure in which businesses have a more democratic group management format with fewer leadership roles. This business structure keeps their employees satisfied and more willing to engage rather than just put in their time.

Millennials Understand Mobile Technology

Millennials are the largest group of consumers and they easily understand the technology it takes to market to their own generation. They fully understand mobile technology and are able to easily adapt to new technology, new social media, and new forms of commerce. They have a keen understanding of digital advertising. To make this point clear, we only have to see that Millennials spends over half of their marketing budgets on digital media while baby boomers devote only 14 percent of their marketing budgets on digital media.

Millennials Are Prepared For Disasters

Most Millennial small-business owners have a disaster plan in place in case of disasters like floods or hurricanes. Less than a third of Gen-X or Baby Boomer small-business owners have disaster plans ready to go. This kind of planning helps secure the future of their small businesses no matter what disaster is thrown at them. Importantly, they even purchase insurance and have plans to protect their data and technology following a disaster.

Hot Key West Business Opportunities

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:

Newest Key West Commercial Properties on the Market

Very unique Marina & Resort in Islamorada, FL. Manager on site handles responsibilities with oversight from the absentee owner. Rare 1+ Acre Oceanside Lot with many uses possible. Deep water protected harbor with 18 large boat slips that can accommodate 50+ ft. yachts. Approach depth approximately 6 ft.+ at high tide with a clearly marked channel. Features include water, new 30 Amp and 50 Amp electric at each slip, fuel dock, concrete building with office, ship store, workshop, and garage/storage. 2 outdoor showers, 2 bath houses with indoor showers, stalls, and dressing area. New waste/pump-out station and fuel station. New Concrete In-ground Pool, Deck and Fence just completed. An additional separate concrete building used for storage on the North side of the property. Private marina, must call for an appointment and sign an NDA/CA for more information. $6,995,000 Active

200 Treasure Harbor Drive ISLAMORADA, Florida

4 Baths 1,069 SqFt

Rare Mixed-Use Investment Opportunity in the Heart of Key Largo! Discover a truly unique and versatile property that seamlessly blends commercial potential with comfortable residential living in one of the most sought-after locations in the Florida Keys. Positioned in a high-traffic area with exceptional visibility, this mixed-use asset offers an outstanding investment opportunity for entrepreneurs, business owners, and investors alike. The first floor boasts a spacious 1,026 sq. ft. commercial space, perfect for a business. Complementing this indoor space is an additional 672 sq. ft. covered outdoor work area with a convenient ramp, ideal for expanded operations, storage, or creative use. Whether you envision a thriving business or a workshop with high visibility, this space offers endless possibilities. Above the commercial space, the second floor features two charming one-bedroom, one-bathroom residential apartments, each spanning 750 sq. ft. These well-appointed units provide a comfortable and private living space, perfect for on-site business owners, rental income, or employee housing. With its prime Key Largo location, this property is surrounded by local shops, restaurants, and attractions, ensuring a steady stream of foot traffic and exposure. Whether you're looking to establish a business, generate rental income, or both, this versatile property is a rare gem that offers the perfect blend of work and living in the heart of the Keys. Don't miss this extraordinary opportunity. Contact us today to explore the endless potential of this unique mixed-use property! $1,399,000 Active

100693 Overseas Highway KEY LARGO, Florida

1 Baths 2,574 SqFt

Prime commercial property in the heart of downtown Key Largo. 5,457 sqft commercial space available immediately for lease! Access inside via private Elevator or Staircase. Large windows for natural lighting. Current floor plan includes many individual offices but could be reconfigured. Ample parking in front and side. $12 sqft gross lease. The unit has it's own bathrooms and kitchenette area. Great visibility on US 1! Zoned Urban Commercial with many possibilities. $5,457 Active

99451 Overseas Highway 2nd Floor KEY LARGO, Florida

4 Baths 13,260 SqFt

This is the price for one lot. Total of three contiguous, commercial dry lots at the end of 20th St. Oceanside. Big bonus, each lot includes a deeded and assigned deep water wet slip! Each lot may be purchased individually or together. Each lot is 94.5' wide by 110' deep and has its own water & electric meters. Three addresses are 351 20th St. Ocean, 361 20th St. Ocean and 371 20th St. Ocean as the end lot. Each lot is part of a Fisherman's Pointe HOA with fees of $1,200 per year per lot. Lots are currently being used by Fisherman for trap repair and storage. Favorable Mixed Use- Maritime Zoning allows for many commercial uses.The MU-M zoning district is intended to establish areas suitable for uses which are essential to the commercial maritime industry, including sales and service of fishing equipment and supplies, seafood processing, fishing equipment manufacture and treatment, boat storage, restaurants, retail and affordable housing residential uses.The MU district is designated within the Mixed-use Commercial (MUC) future land use category on the Future Land Use Map (FLUM). $749,900 Active

351 20th St, Marathon MARATHON, Florida


[button size=”large” url=”https://homes.floridakeyscommercial.com/i/newest-commercial-properties-for-sale-in-key-west-fl” newtab=”true” expand=”true”]View ALL[/button]