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1430 Vernon Avenue 1-2, Key West, FL 33040

$9,888,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,071 Lot Size (sq. ft.): 8,700 Status: Active
Current Price: $9,888,000 List Date: 4/27/2025 Last Modified: 2/16/2026

Overview

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 c ...

Listing Details MLS# 614801

Location, Tax & Legal

Street #
1430
Street Name
Vernon
Street Suffix
Avenue
Key/Island
Key West
State/Province
FL
Zip Code
33040
County
Monroe
Subdivision
Key West Investment Co Sub (1.0)
Area
02 - Key West
KW Neighborhood
Casa Marina
Unit #
1-2
City
KEY WEST
Off Shore Island
No
Mile Marker
1
Marathon Neighborhood
N/A
Side
Ocean
Flood Zone
VE,AE,VE
Alternate Key #
1038873
Parcel #
00038120-000000
Zoning
HCT - Historic Commercial Tourist
Deed Restrictions
Unknown
Legal
KW KW INVESTMENT CO SUB PB1-69 PT LOT 9 AND ALL LOT 10 SQR 17 TR 17 AND PT ADJ VACATED ALLEY G31-197/99 OR524-176 OR645
Taxes
14076.94
Tax Year
2024
Pub Sewer HkUp
Yes

Contract Information

Listing Board
Key West Association

General Property Description

Realtor.COM Type
Multi-family
Style
Duplex
Waterfront
Yes
Pool
No
Year Built
1953
Lot SqFt
8700
Lot Sqft Source
Property Data Card
Acres
0.2
Living Apx SqFt
2071
SqFt Source
Property Data Card
Total Bedrooms
3
Full Baths
2
Total Baths
2
Rentals Allowed
With Restrictions
Min Rental Days
30
Control Depth
0
Total Units
0

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No
Association Fee $
0

Building Style

Above Flood
Unknown

More Information

Remarks & Misc

Remarks – Consumer
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!

License Info

Non Trans Rntl Lic
Yes

Fee Includes

None
Yes

Dockage

None
Yes

Tax Exemptions

Homestead
Yes

Appliances

Dishwasher
Yes
Oven
Yes
Range
Yes
Refrigerator
Yes

Pets

Pets Allowed
Yes

Cooling

Ceiling Fans(s)
Yes
Wall/Window Unit(s)
Yes

Waterfront

Oceanfront
Yes

Waterview

Ocean View
Yes

Floor

Tile
Yes

Neighborhood Feature

Beach
Yes

Interior Features

Storage
Yes

Vehicle Storage

Off Street Parking
Yes

Construction

CBS
Yes

Land Size

Less Than 1/4 Acre
Yes

Terms

Cash
Yes
Conventional
Yes

Utilities

FKAA
Yes
Municipal Sewer
Yes

Exterior Features

Sandy Beach
Yes
Shed
Yes

Roof

Metal Roof
Yes

Shutters

Panel
Yes

Property Features

Fee Includes: None Tax Exemptions: Homestead License Info: Non Trans Rntl Lic Waterfront: Oceanfront Waterview: Ocean View Dockage: None Vehicle Storage: Off Street Parking Cooling: Ceiling Fans(s); Wall/Window Unit(s) Utilities: FKAA; Municipal Sewer Interior Features: Storage Appliances: Dishwasher; Oven; Range; Refrigerator Exterior Features: Sandy Beach; Shed Construction: CBS Shutters: Panel Floor: Tile Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Beach Land Size: Less Than 1/4 Acre Terms: Cash; Conventional

Documents

Listing Office: Keys Top Realty LLC
Last Updated: February - 16 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.
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