1 / 12$1,250,000
1421 First Street, Key West, FL 33040
0
Beds
1
Baths
—
Sq Ft
About this home
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.
Property details
- Property Type
- Commercial
- Year Built
- 1948
- Lot Size
- 2,405 sq ft
- Annual Taxes
- $9,900/yr
- Subdivision
- New Town - Unlisted (2.0)
- Days on Market
- 104
- Listed
- June 17, 2026
- MLS #
- 620301
Location
Listed With Berkshire Hathaway HomeServices Knight & Gardner Realty
Listing information is provided courtesy of the Florida Keys MLS. Information deemed reliable but not guaranteed.