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1421 1st St
Key West, FL 33040

$1,250,000 USD

Office Condo For Sale  •  1,393 SF

Property Details

  • Property Type Office
  • Total Building Size 4,437 SF
  • Lot Size 0.11 AC
  • Building Class C
  • Year Built 1950
  • Tenancy Single
  • Zoning CL
20 Transit Score
60 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 2-3 Office/Retail 1,393 SF $1,250,000 USD
  • Unit Size: 1,393 SF
  • Condo Use: Office/Retail
  • Price: $1,250,000 USD
  • Sale Type: Investment
  • Price/SF: $897.34 USD
Description
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.

Sale Notes
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.

Description

Located in the heart of New Town Key West, 1421 First Street offers excellent visibility and accessibility along one of the island's primary commercial corridors. Just minutes from Downtown Key West, the Historic Seaport, and the airport, the property benefits from strong daily traffic and convenient access for both customers and employees. Surrounded by a mix of professional offices, retail businesses, restaurants, and residential neighborhoods, this central location provides a strategic setting for owner-users and investors alike. Its position in one of Key West's most established commercial districts makes it well-suited for a variety of business and investment uses.

Public Transportation

AirportDriveWalkDistance
Key West International 4 min - 1.3 mi
Will Langley 305-394-9020 Berkshire Hathaway Knight & Gardner Realty
Will Langley 305-394-9020 Berkshire Hathaway Knight & Gardner Realty