5580 1st Avenue, Stock Island, FL 33040 (MLS# 617638)

5580 1st Avenue, Stock Island, FL 33040

$2,150,000

Property Type: Commercial Sale Square Footage: 2,040 Lot Size (sq. ft.): 25,000 Status: Closed

Current Price: $2,150,000 List Date: 12/08/2025 Last Modified: 8/28/2026

Overview

Description

Significant Income Opportunity with income already on the books, with potential to push it more. Prime 25,000 SF mixed-use property on Stock Island featuring dual access from 1st and 2nd Avenue, a 2,040 SF concrete office/utility building, and expansive paved yard space. Zoned MU, the site supports a wide array of commercial, residential, and industrial uses. Fully fenced with ample parking, this versatile parcel offers exceptional redevelopment potential just minutes from Key West. An increasingly rare large MU tract in a high-demand growth corridor.

Listing Details MLS# 617638

Location, Tax & Legal

Street #: 5580
Street Name: 1st
Street Suffix: Avenue
Key/Island: Stock Island
State/Province: FL
Zip Code: 33040
Subdivision: Maloney Sub (5.0)
County: Monroe
Area: 05 - Stock Island to Shark Key

Contract Information

Listing Board: Key West Association
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No

General Property Description

Realtor.COM Type: Commercial
Style: Commercial
Lot SqFt: 25000
Waterfront: No
Total # Buildings: 2
Building SqFt: 2040
Living Apx SqFt: 2040
Year Built: 1964

Status Change Info

Under Contract Date: 2026-08-20
Leased Date: 2026-08-28

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No

Financial Status

Bank Owned: No
Potential Short Sale: No

More Information

Property Features

Type: Auto Care; Boat Sales/Service; Other Comrcl Style; Professional Service; Other Services Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Off Street Parking; Trailer Storage Utilities: FKAA; Municipal Sewer Appliances: No Appliances Miscellaneous: Fencing; Storage Construction: CBS Electric: Circuit Breakers Roof: Metal Roof Land Size: 1/2 - Less Than 1 AC Fee Includes: None

Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Updated: August - 28 - 2026

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