$1,250,000
( )
$6,710 est/mo Sourced by Back At You1421 First Street,KEY WEST, FL 33040
KEY WEST, FL 33040
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.
Details
| MLS # | 620301 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1948 |
| Days On Site | 69 |
| Listing Provided By | Berkshire Hathaway HomeServices Knight & Gardner Realty | Team Gardner/Langley |
Features
| Bath(s) | 1 Total |
|---|---|
| Zoning | CL - Limited Commercial |
| Acreage | 0.06 |
| Property View | No Waterview |
Taxes
| Property | 9899 |
|---|
Area Information
| State | FL |
|---|---|
| County | Monroe |
| City | KEY WEST |
| Zip Code | 33040 |
| Area | 03 Key West |
| Community Name | New Town Unlisted (2.0) |
| Listing VS Median (in New Town Unlisted (2.0)) | |
Price: $1,250,000 low | high Med: $999,995 On site: 69 low | high Med: 80 | |
Market Activity 33040
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys Board of Realtors.
The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Coldwell Banker Schmitt are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.
The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Coldwell Banker Schmitt are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.
Contact
Learn More About This Property
| State | FL |
|---|---|
| County | Monroe |
| City | KEY WEST |
| Zip Code | 33040 |
| Area | 03 Key West |
| Community Name | New Town Unlisted (2.0) |
| Listing VS Median (in New Town Unlisted (2.0)) | |
Price: $1,250,000 low | high Med: $999,995 On site: 69 low | high Med: 80 | |
Nearby Listings (Within 1/10 mile)
Price: $937K - $1.562M
sqft: 0 - 0
Listing Updated: June 17, 2026 at 4:42:39 PM PDT