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1421 First Street
Key West FL 33040 US

$1,250,000

Active Listing ID 620301
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1.00 Bath (1 Half)
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Lot: 0.06 Acres
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Other

$1,250,000

Active Listing ID 620301
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1421 First Street 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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Property Features

  • Facts
  • Lot Size: 0.06 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • 1/2 Bathrooms: 1

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1250000
  • unparsedaddress: 1421 First Street
  • postalcity: Key West
  • stateorprovince: FL
  • country: US
  • postalcode: 33040
  • bathroomsfull: 0
  • bathroomshalf: 1
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.06
  • lotsizeunits: Acres
  • lotsizearea: 0.06
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 24.555395
  • longitude: -81.780037
  • listagentfullname: Team Gardner/Langley
  • listagentemail: commercial@keysrealestate.com
  • listagentkey: 3yd-KWARFL-20080619155121704955000000
  • listagentmlsid: kwa.2032
  • listagentpreferredphone: 3059022447
  • listofficekey: 3yd-KWARFL-20070803221344494963000000
  • listofficemlsid: kwa.10017
  • disclaimer: Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: KWARFL
  • yearbuilt: 1948
  • listingcontractdate: 2026-06-17
  • listagenturl: http://www.keysrealestate.com
  • countyorparish: Monroe
  • parcelnumber: 00045101-000102
  • constructionmaterials: CBS
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • view: Water
  • waterfrontyn: False
  • franchiseaffiliation: Berkshire Hathaway HomeServices
  • rooms: Bathroom 1
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -81.78004, 24.555395
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Berkshire Hathaway Keys Real Estate | Knight & Gardner Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"commercial@keysrealestate.com", "ListBrokerageCity":"Key West", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@keysrealestate.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/KWARFL/060114707e9011e1b78c12313904e194/20190802195037982.png", "ListBrokerageName":"Berkshire Hathaway Keys Real Estate | Knight & Gardner Realty", "ListBrokeragePhone":"(305) 294-5155", "ListBrokeragePostalCode":"33040", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"336 Duval St", "ListBrokerageWebsiteUrl":"http://www.keysrealestate.com", "ListOfficeAddress1":"336 Duval St. ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"20070803221344494963000000", "ListOfficeCity":"Key West", "ListOfficeCountry":"US", "ListOfficeEmail":"info@keysrealestate.com", "ListOfficePostalCode":"33040", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Key West, FL", "ListingURL":null, "MLSModificationTimestamp":"2026-06-17 21:30:27", "Neighborhoods":[{"Description":null, "Name":"New Town - Unlisted (2.0)"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":9900, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/18/2026 12:02:59 AM GMT
Source Updated Date: 6/24/2026 12:56:15 AM GMT

Courtesy of: Team Gardner/Langley, Berkshire Hathaway HomeServices Knight & Gardner Realty, commercial@keysrealestate.com

Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.