1421 First Street
$1,250,000
1421 First Street, Key West, FL 33040
1,393 sqft
Building Size
A
Class
Details:
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.
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.
Location
Gallery