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

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Newest Key West Commercial Properties on the Market

Tranquil ''Old Keys'' style marina nestled on a rare 1 + acre Oceanside lot with many possible uses! Deep water protected harbor with 18 large boat slips that can handle 50+ ft. yachts. Approach depth approx. 6 ft.+ at high tide with clearly marked channel. Lucrative Boat Rental business with 17 Boats included in the sale. Successful Vacation Rental Business with (10) Aqua Lodges and 1 houseboat also included. Water, New 30 Amp and 50 Amp electric at each slip. Fuel dock, concrete building w/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. An additional separate concrete building used for storage on North side of property. Private marina, Must call for an appointment and sign an NDA/CA for more information. $9,750,000 Active

200 Treasure Harbor Drive ISLAMORADA, Florida

4 Baths 1,069 SqFt

Prime retail location on busy 300 block of Duval St. Good visibility in the 6 unit strip center located at the corner of Eaton St.Unit E is approx. 800 sf. and has been totally renovated including new flooring, ceilings, lighting and AC fixtures. Exterior of the entire building has been renovated as well. Private ADA compliant half bathroom. Ample customer and employee parking in the rear. Great mix of tenants including Wendy's, Kermits Key Lime Pie store, Nitro Ice Cream and Mystic Lobster Roll. Potential for retail or small restaurant. Tenants to pay their own Utilities incl. Electric, Water and Trash.Base rent is $80/sf. plus current NNN estimated at $24.50/sf. plus sales tax. Total rent is $104.50/yr x 800 sf. + $83,600/yr. or $6,966.67/mos. plus sales tax.Interior photo's coming soon. $5,334 Active

335 Duval Street E KEY WEST, Florida

2 Baths 6,495 SqFt

Prime Commercial Investment property in the heart of Big Pine Key at MM 30. Commercial zoning allows for many other Commercial uses. Large lot is 20,150 sf. or just under 1/2 Acre. Good visibility with 120' of frontage on Overseas Hwy x 167' deep. There is some parking in the front of the property and within FDOT right of way. Also, large vacant land in rear of building for possible added income with parking, equipment storage or may be potential for additional building. Current CBS single story building is 3,200 sf. Formerly divided up into a 6 unit strip center it is currently fully occupied by 4 tenants. Each tenant is mos. to mos., or soon will be. Leases have been short term and tenants paying below market rents. First time on the market since current owner purchased property in 1977! $1,150,000 Active

30200 Overseas Highway Big Pine, Florida

3,200 SqFt

Join the exclusive Duval Square with this prime 733 sf. commercial unit. Walking distance to everything downtown on Duval St. Offering for sale at one of the lower prices per sq. ft. in the complex. This unit has been extensively renovated in the last two years including new AC, LPV flooring, new lighting, exam rooms, half bath and freshly painted. Unit has a nice open reception area with two private exam rooms. There is also a good size storage room in the rear. This space has a lot of natural light from 2 large plate glass windows and glass french doors in the front. This unit has good visibility with substantial frontage and a large sign above the entrance. Unit comes with 1 private parking space in the garage and ample parking for employees and customers in the front. Currently leased from Oct. 2022 to Sept. 30, 2025 total rent paid including base rent, cam and sales tax $3,317 per mos.The business, furniture and equipment seen in the photo's are not included. $625,000 Active

1075 Duval C-20 Street C20 KEY WEST, Florida

1 Baths


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