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$1,399,000

  • For Sale
  • Active
  • Commercial
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425 Bahama Street presents an exceptional opportunity to own a revenue-generating parking lot in iconic Key West, Florida. This income-producing property offers existing cash flow and represents a rare investment in a high-demand location where parking remains a valuable and limited commodity. Whether held as a steady income asset or positioned for future upside, this property offers investors a unique combination of immediate revenue and long-term potential in one of the most sought-after markets in the Florida Keys. Buyer to verify all details, including income, zoning, and allowable uses.

Full Property Details for 425 Bahama St

General

  • Price: $1,399,000
  • Taxes: $11,272 (2025)
  • Status: Active
  • Type: Commercial
  • Source: 927
  • MLS ID: 619200
  • Updated: 5/13/2026
  • Added to Site: 50 day(s) ago

Interior

  • Appliances: No Appliances

Parking

  • Total Spaces: 7

Location

  • Area: 01 - Key West
  • County: Monroe
  • Subdivision: Old Town - Unrecord (1.0)
  • Driving Directions: Corner of Bahama and Fleming

Community

  • Assoc. Fees Include: None

Structural Information

  • Construction: Other
  • Year Built: 1900

Lot Features

  • Property View: No Waterview
  • Lot Size (Acres): 0.07
  • Lot Size (Sq. Ft.): 3,150
  • Lot Dimensions: x
  • Zoning: HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med

Water Features

  • Water View: Yes

Financial Considerations

  • Tax Amount: $11,272.7
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: Kw Pt Lot 1 Sqr 37 Or77-356 Or152-87 Or194-81 Or279-490 Or522-445 Or607-334 Or837-995 Or1430-1344 Or2856-529 Or3196-639
  • APN: 6430000300

Listed by ICAMCO Realty LLC, dba Cosgrove Realty, Peter E Batty (305) 394-1518 and ICAMCO Realty LLC, dba Cosgrove Realty, Jeffrey D Searcy (305) 923-8951

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Listing agents

— 425 Bahama St —

  • Peter E Batty

    ICAMCO Realty LLC, dba Cosgrove Realty

  • Jeffrey D Searcy

    ICAMCO Realty LLC, dba Cosgrove Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 425 Bahama St

School District:Monroe County School District, Middle Torch Key, FL
NameGradesDistance
Horace O'bryant School
1105 Leon Street, Key West, FL 33040
6-81 mi
Gerald Adams Elementary School
5855 College Road, Key West, FL 33040
PK-53.9 mi
Key West High School
2100 Flagler Avenue, Key West, FL 33040
9-121.6 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 425 Bahama St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/25/2026
Listed
$1,399,000
44.97%
MLS
10/03/2022
Sold
$965,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 425 Bahama St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,163
—
$1,316,878
12%
2024
$10,163
-1%
$1,175,974
—
2023
$10,300
—
$1,175,974
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 425 Bahama St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by ICAMCO Realty LLC, dba Cosgrove Realty, Peter E Batty (305) 394-1518 and ICAMCO Realty LLC, dba Cosgrove Realty, Jeffrey D Searcy (305) 923-8951

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425 Bahama Street, Key West, FL 33040 (MLS# 619200) is a Commercial property. 425 Bahama Street is currently listed for $1,399,000 and was received on March 25, 2026. Want to learn more about 425 Bahama 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.

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