$9,888,000
 $53,081 est/mo Sourced by Back At You

1430 Vernon Avenue,KEY WEST, FL 33040

KEY WEST, FL 33040

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Description

Fabulous Find on the Atlantic Side of Key West! Welcome to a truly unique opportunity in the heart of Key West. As the last and only remaining undeveloped property in the Historic Commercial Tourist District (HCT zone), this listing presents a rare and final chance to create something extraordinary. Imagine waking up to breathtaking, unobstructed ocean and beach views every day. Seabirds passing overhead, gentle breezes arriving at your lanai--it's an experience like nowhere else. This is island living at its finest! Permitted HCT uses include: Single-family and two-family residential dwellings, Multiple-family residential dwellings, Restaurant, Business and professional offices, Hotels, Motels, transient lodging, and more. This two-story home comes equipped with two separate electric meters. This exceptional property is truly one of a kind, with no identical or closely similar listings anywhere in Key West. The ideal circumstances are here and now-- an unparalleled combination of an oversized ocean-view lot, located just three blocks from Duval Street, the gateway to downtown. Spanning 8,700 square feet, this property offers ample space for your creative vision, whether you dream of building a luxurious residence, alongside a commercial venture boutique hotel, or restaurant, -- this and more are supported by HCT zoning. This property is all about the excitement of shaping a new vision for a future in paradise. Let your imagination run wild and transform this blank canvas into something extraordinary. Don't miss out on this once-in-lifetime opportunity--call today for your private tour and start envisioning your future in Key West!

Details

MLS #619724
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1953
Days On Site140
Listing Provided ByKeys Top Realty LLC | Irina Pytlik

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet2,071
Units2
ZoningHCT - Historic Commercial Touris
Acreage0.20
Water FrontYes
Property ViewOcean

Taxes

Property14214

Area Information

StateFL
CountyMonroe
CityKEY WEST
Zip Code33040
Area02 Key West
Community NameKey West Investment Co Sub (1.0)
Listing VS Median (in Key West Investment Co Sub (1.0))
Price:
$9,888,000
low | high
Med:
$2,847,000
100% of Average
sqft:
2,071
low | high
Med:
2,816
14.027040077257% of Average
$ / sqft:
$4,775
low | high
Med:
$1,030
100% of Average
On site:
140
low | high
Med:
212.5
65.882352941176% of Average
Sourced by Back At You

Market Activity 33040

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Learn More About This Property

StateFL
CountyMonroe
CityKEY WEST
Zip Code33040
Area02 Key West
Community NameKey West Investment Co Sub (1.0)
Listing VS Median (in Key West Investment Co Sub (1.0))
Price:
$9,888,000
low | high
Med:
$2,847,000
100% of Average
sqft:
2,071
low | high
Med:
2,816
14.027040077257% of Average
$ / sqft:
$4,775
low | high
Med:
$1,030
100% of Average
On site:
140
low | high
Med:
212.5
65.882352941176% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $7.416M - $12.36M
sqft: 1,500 - 2,500
Listing Updated: May 21, 2026 at 5:42:29 PM PDT