Commercial

1421 First Street, Key West

$1,250,000.00

Bedroom 0 bedrooms
Half Baths 1 half baths

  • MLS #: 620301
  • Address: 1421 First Street, Key West, FL 33040
  • Date Listed: 6/17/2026
  • Days on Market: 1
  • Acres: 2405
  • Subdivision: New Town - Unlisted (2.0)

Location Location

Agent Comments Agent Comments
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.

Additional Features Additional Features
  • County: Monroe
  • Property Type: Commercial
  • Tax Number: 00045101-000102
  • Waterfront Features: None
  • Water/Sewer: FKAA
  • Year Built: 1948