5580 1st Avenue, Stock Island, FL 33040 - Photo 1

1/1

$2,150,000

Sold
Closed
Commercial

1/1

Property Description

Significant Income Opportunity with income already on the books, with potential to push it more. Prime 25,000 SF mixed-use property on Stock Island featuring dual access from 1st and 2nd Avenue, a 2,040 SF concrete office/utility building, and expansive paved yard space. Zoned MU, the site supports a wide array of commercial, residential, and industrial uses. Fully fenced with ample parking, this versatile parcel offers exceptional redevelopment potential just minutes from Key West. An increasingly rare large MU tract in a high-demand growth corridor.

Full Property Details

Full Property Details for 5580 1st Ave

General

Sold For: $2,150,000
Taxes: $8,626 (2024)
Status: Closed
Type: Commercial
Source: 927
MLS ID: 617638
Added to Site: 263 day(s) ago

Interior

Appliances: No Appliances

Parking

Parking Features: Trailer Storage, Off Street

Location

Area: 05 - Stock Island to Shark Key
County: Monroe
Subdivision: Maloney Sub (5.0)

Community

Assoc. Fees Include: None

Structural Information

# Buildings: 2
Construction: CBS
Roof: Metal
Square Feet: 2,040
Year Built: 1964

Lot Features

Property View: No Waterview
Lot Size (Acres): 0.57
Lot Size (Sq. Ft.): 25,000
Lot Dimensions: 100 x 250
Zoning: MU - Mixed Use District

Water Features

Water View: Yes

Financial Considerations

Tax Amount: $8,626.06
Tax Year: 2024

Disclosures and Reports

Legal Description: STOCK ISLAND MALONEY SUB SUBDIVISION PB1-55 E 100 FT OF W300 FT SQR 41 OR22-389 OR348-391-392 OR684-167 OR1094-1139/40
Flood Zone: AE
APN: 00125390-000000

Listed and Sold by Berkshire Hathaway HomeServices Knight & Gardner Realty, Team Gardner/Langley (305) 902-2447

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Listing agent

— 5580 1st Ave —

Team Gardner/Langley

Berkshire Hathaway HomeServices Knight & Gardner Realty

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Schools

Schools serving 5580 1st Ave

School District:Monroe County School District, Middle Torch Key, FL

Name	Grades	Distance
Gerald Adams Elementary School 5855 College Road, Key West, FL 33040	PK-5	0.8 mi
Horace O'bryant School 1105 Leon Street, Key West, FL 33040	6-8	3.2 mi
Key West High School 2100 Flagler Avenue, Key West, FL 33040	9-12	2.7 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 5580 1st Ave

Date

Details

Price

Change

Source

8/28/2026

Sold

$2,150,000

-2.27%

MLS

12/08/2025

Listed

$2,200,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

1300 Ashby St, Key West, FL 33040 - Photo 1

Just Listed

$1,350,000

1300 Ashby St Key West, FL 33040

Multi-Family
Active
Updated 2 hours ago

2
Units
0.15
Acres

Listed by Luxe Properties, LLC., Samira Garcia

3365 Flagler Ave, Key West, FL 33040 - Photo 1

Just Listed

$860,000

3365 Flagler Ave Key West, FL 33040

Townhouse
Active
Updated 3 days ago

2
Beds
2
Total Baths
1,339
Sq. Ft.

Listed by Better Homes and Gardens Real Estate Destinations, Samantha Arce and Better Homes and Gardens Real Estate Destinations, Becky Ann Newman

812 Carsten Ln, Key West, FL 33040 - Photo 1

Just Listed

$2,599,000

Open House

812 Carsten Ln Key West, FL 33040

Single Family
Active
Updated 5 days ago

3
Beds
2
Total Baths
1,204
Sq. Ft.

Listed by Truman & Co. (KW), Wendy L Zintsmaster and Truman & Co. (KW), Tonya Cabanas

514 Emma St, Key West, FL 33040 - Photo 1

Just Listed

$3,600,000

514 Emma St Key West, FL 33040

Single Family
Active
Updated 2 hours ago

4
Beds
3
Total Baths
1,920
Sq. Ft.

Listed by Keller Williams Key West Compass Realty, The Behmke Group

218 Whitehead St, Key West, FL 33040 - Photo 1

Price Reduced

-$200,000 (-4.55%)

$4,200,000

218 Whitehead St Key West, FL 33040

Commercial
Active

Listed by Berkshire Hathaway HomeServices Knight & Gardner Realty, Team Gardner/Langley

1116 Truman Ave, Key West, FL 33040 - Photo 1

Price Reduced

-$30,000 (-2.93%)

$995,000

1116 Truman Ave #A Key West, FL 33040

Condo
Active
Updated 1 hour ago

2
Beds
2
Total Baths
953
Sq. Ft.

Listed by Keller Williams Key West Compass Realty, Elaine S Coyle

1505 Johnson St, Key West, FL 33040 - Photo 1

Price Reduced

-$25,000 (-1.67%)

$1,474,000

1505 Johnson St Key West, FL 33040

Single Family
Active
Updated 2 days ago

3
Beds
3
Total Baths
1,489
Sq. Ft.

Listed by Truman & Co. (KW), Wendy L Zintsmaster and Truman & Co. (KW), Tonya Cabanas

601 Fleming St, Key West, FL 33040 - Photo 1

Price Reduced

-$100 (-2.15%)

$4,550

601 Fleming St #B Key West, FL 33040

Commercial
Active

Listed by Berkshire Hathaway HomeServices Knight & Gardner Realty, Team Gardner/Langley

117 Key Haven Rd, Key West, FL 33040 - Photo 1

Sold

$1,850,000

117 Key Haven Rd Key West, FL 33040

Single Family
Closed

3
Beds
2
Total Baths
2,090
Sq. Ft.

Listed and Sold by Ocean Sotheby's International Realty, Matthew J Sheehan

3605 Eagle Ave, Key West, FL 33040 - Photo 1

Sold

$2,200,000

3605 Eagle Ave Key West, FL 33040

Single Family
Closed

4
Beds
4
Total Baths
2,390
Sq. Ft.

Listed by Ocean Sotheby's International Realty, Terrance Sullivan
Sold by Truman & Co. (KW), The Spottswood Team and Rob Severin Real Estate Co, Rob Severin

1708 Laird St, Key West, FL 33040 - Photo 1

Sold

$1,870,000

1708 Laird St Key West, FL 33040

Single Family
Closed

4
Beds
3
Total Baths
1,632
Sq. Ft.

Listed by Preferred Properties (KW), Key West Sisters
Sold by Island Life Realty Experts, Nick Norman

1701 Atlantic Blvd, Key West, FL 33040 - Photo 1

Sold

$2,300,000

1701 Atlantic Blvd Key West, FL 33040

Single Family
Closed

5
Beds
4
Total Baths
2,703
Sq. Ft.

Listed by Truman & Co. (KW), Wendy L Zintsmaster and Truman & Co. (KW), Tonya Cabanas
Sold by Expert Realty LLC (HQ), Solaris Gregory

5580 1st Avenue, Stock Island, FL 33040 (MLS# 617638) is a Commercial property that was sold at $2,150,000 on August 28, 2026. Want to learn more about 5580 1st Avenue? Do you have questions about finding other Commercial real estate for sale in Stock Island? You can browse all Stock Island real estate or contact a Coldwell Banker agent to request more information.

5580 1st Ave Stock Island, FL 33040