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1421 First Street

Key West, FL 33040
  • $1,250,000
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: 620301
UPDATED: 27 min ago
$1,250,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 1
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1948
County:

School Ratings & Info

Description

Rare opportunity to own two adjoining commercial condominium units on First Street, offered together as a single income-producing package in a central Key West location. Unit 3 consists of 233 SF and is fully leased, providing immediate income and strong in-place cash flow. The space is enhanced by a custom patio and tiki area. Unit 2 offers 1,160 SF of office space with five private offices and a restroom, making it ideal for an owner-user, professional office, or an investor seeking additional rental income. Whether you're looking for an investment, owner-user opportunity, or both, this versatile property offers flexibility and income in one of Key West's most accessible commercial corridors.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Beach Club Brokers are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.kwrealhomesforsale.com/homes/177804642
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1421 First Street Key West, FL 33040

  • Price: $1,250,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 27 min ago
  • MLS #: 620301
0
Beds
0
Baths
1
½ Baths
0.06
Acres
1948
Built
Neighborhood:
New Town
County:
Monroe
Area:
03 - Key West
Property Description
Rare opportunity to own two adjoining commercial condominium units on First Street, offered together as a single income-producing package in a central Key West location. Unit 3 consists of 233 SF and is fully leased, providing immediate income and strong in-place cash flow. The space is enhanced by a custom patio and tiki area. Unit 2 offers 1,160 SF of office space with five private offices and a restroom, making it ideal for an owner-user, professional office, or an investor seeking additional rental income. Whether you're looking for an investment, owner-user opportunity, or both, this versatile property offers flexibility and income in one of Key West's most accessible commercial corridors.
Exterior Features

Construction Materials CBS Dockage None Exterior Features [] Parking Features [] View [] Waterview No Waterview Window Features []

Interior Features

Appliances [] Cooling [] Flooring [] Interior Features []

Property Features

Association Fee Includes Other Association YN Yes Association1st Right Of Refusal No Bank Owned No Business Type Office BuildingsRetailOther Services Control Depth 0 Electric [] Frontage Type [] KWNeighborhood New Town Land Size Less Than 1/4 Acre Listing Terms [] Marathon Nbhd N/A Mile Marker 2 Potential Short Sale No Property Sub Type Commercial Special Licenses [] Tax Annual Amount 9899.52 Tax Year 2025 Tenant Pays [] Utilities [] Utilities Info FKAA Waterfrnt No Waterfront None Waterfront Features [] Waterfront YN No Zoning CL - Limited Commercial

Listing courtesy of Team Gardner/Langley of Berkshire Hathaway HomeServices Knight & Gardner Realty: .


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Beach Club Brokers are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Beach Club Brokers
1075 Duval Street
Key West FL, 33040