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A Rare Mixed-Use Find in Old Town Key West: Room to Live, Work & Store Your Dreams

May 8, 2025 by Dominique Barrera Leave a Comment

516 White Street – One-of-a-Kind Opportunity in Old Town Key West – $2,500,000

If you’ve been searching for a property that’s truly out of the ordinary, this mixed-use gem in the heart of Old Town Key West delivers. Built in 2005, this unique offering blends flexible space, modern construction, and historic charm in one prime location.

20250505_091436: Front view with three off street parking

Step inside and you’ll find two generous 1-bedroom, 1-bath apartments, each with soaring ceilings, ample natural light, and an airy, open layout—ideal for full-time living.

20250505_091503: Exterior entrance to office

In addition to the residential units, the property includes a dedicated office space, perfect for a small business, creative studio, or professional use. The flexible floor plan adapts to your vision.

20250505_091802: work bench in garage

But the real showstopper is the expansive garage. Once home to a private car collection, this space can accommodate up to eight vehicles and offers endless possibilities—from classic car storage to a workshop, art studio, or future redevelopment (with proper approvals).

Located just steps from some of Key West’s most iconic attractions, this is a rare chance to invest in a versatile, income-producing property with room to grow—all within the historic and walkable charm of Old Town.


Price: $2,500,000
Listed by: Dan Skahen, 305-923-6524, Preferred Properties Key West 


Ready to Explore the Possibilities?
Contact Dan Skahen today at 305-923-6524, to schedule your private showing and discover what makes this property such a standout in the Key West market!

Filed Under: Uncategorized Tagged With: Car Garage, Florida Keys Homes, Historic District, investment property, Key West Real Estate, Live Work Space, Mixed-Use Property, Old Town Key West, Prime Location, Unique Properties

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Preferred Properties Key West

Preferred Properties
Key West

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