1430 Vernon Avenue 1-2, Key West, FL 33040
$11,888,000
Property Type:
Residential
Bedrooms:
3
Baths:
2
Square Footage:
2,071
Lot Size (sq. ft.):
8,700
Status:
Active
Current Price:
$11,888,000
List Date:
4/27/2025
Last Modified:
9/04/2025
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!
More Information MLS# 614801
Contract Information
Listing Board: Key West Association
Current Price: $11,888,000
Listing Date: 2025-04-27
List Price: $11,888,000
Location, Tax & Legal
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
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
General Property Description
Realtor.COM Type: Multi-family
Waterfront: Yes
Control Depth: 0
Lot Size: 75x111
Lot SqFt: 8700
Pool: No
Lot Sqft Source: Property Data Card
Total Units: 0
Acres: 0.2
SqFt Source: Property Data Card
Rentals Allowed: With Restrictions
Min Rental Days: 30
Style: Duplex
Year Built: 1953
Living Apx SqFt: 2071
Total Bedrooms: 3
Full Baths: 2
Total Baths: 2
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!
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
License Info
Non Trans Rntl Lic: 1
Fee Includes
None: 1
Dockage
None: 1
Tax Exemptions
Homestead: 1
Appliances
Dishwasher: 1
Oven: 1
Range: 1
Refrigerator: 1
Pets
Pets Allowed: 1
Cooling
Ceiling Fans(s): 1
Wall/Window Unit(s): 1
Waterfront
Oceanfront: 1
Waterview
Ocean View: 1
Floor
Tile: 1
Neighborhood Feature
Beach: 1
Interior Features
Storage: 1
Building Style
Above Flood: Unknown
Vehicle Storage
Off Street Parking: 1
Construction
CBS: 1
Land Size
Less Than 1/4 Acre: 1
Terms
Cash: 1
Conventional: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Exterior Features
Sandy Beach: 1
Shed: 1
Roof
Metal Roof: 1
Shutters
Panel: 1
Status Change Info
Status: Active
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: September - 04 - 2025
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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