Date
Details
Price
Change
Source
6/17/2026
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/12
$1,250,000
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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.
Full Property Details
Full Property Details for 1421 First St
General
- Price: $1,250,000
- Taxes: $9,899 (2025)
- Status: Active
- Type: Commercial
- Source: 927
- MLS ID: 620301
- Updated: 6/17/2026
- Added to Site: 15 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 1
- Half Bathrooms: 1
Location
- Area: 03 - Key West
- County: Monroe
- Subdivision: New Town - Unlisted (2.0)
Community
- Association: Yes
- Assoc. Fees Include: Other
Structural Information
- Construction: CBS
- Sq. Ft. Source: Property Data Card
- Year Built: 1948
Lot Features
- Property View: No Waterview
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,405
- Lot Dimensions: Irregular
- Zoning: CL - Limited Commercial
Water Features
- Water View: Yes
Financial Considerations
- Tax Amount: $9,899.52
- Tax Year: 2025
Disclosures and Reports
- APN: 00045101-000102
Listed by Berkshire Hathaway HomeServices Knight & Gardner Realty, Team Gardner/Langley (305) 902-2447
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Listing agent
— 1421 First St —
Team Gardner/Langley
Berkshire Hathaway HomeServices Knight & Gardner Realty
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1421 First St
School District:Monroe County School District, Middle Torch Key, FL
| Name | Grades | Distance |
|---|---|---|
Horace O'bryant School 1105 Leon Street, Key West, FL 33040 | 6-8 | 0.4 mi |
Key West High School 2100 Flagler Avenue, Key West, FL 33040 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1421 First St
Estimate the Cost
Estimate the Cost for 1421 First St
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 1,596Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 1,500Sq. Ft.
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- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,008Sq. Ft.
- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 2Total Baths
- 1,398Sq. Ft.
- Mobile Home
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 758Sq. Ft.
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1421 First Street, Key West, FL 33040 (MLS# 620301) is a Commercial property. 1421 First Street is currently listed for $1,250,000 and was received on June 17, 2026. Want to learn more about 1421 First Street? Do you have questions about finding other Commercial real estate for sale in Key West? You can browse all Key West real estate or contact a Coldwell Banker agent to request more information.