# 1421 First Street, Key West, FL 33040 > **TL;DR:** 0bd/1ba commercial, $1,250,000, built 1948. > View. Est. $6,686/mo. Listed 80 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,250,000 | | Bathrooms | 1 half | | Year Built | 1948 | | Lot Size | 2,614 sqft (0.06 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 80 | ## Why This Home Stands Out - **Views** - Water ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $6,321 | | Estimated Insurance | $365 | | **Total** | **$6,686** | ## Key Amenities - View ## Property Highlights - Built in 1948 - 0.06 acre lot ## Description ### Agent 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. ## Location - **Address:** 1421 First Street, Key West, FL 33040 - **County:** Monroe - **Neighborhood:** New Town - Unlisted (2.0) - **Coordinates:** 24.555395, -81.780037 - **Google Maps:** https://www.google.com/maps?q=24.555395,-81.780037 ## Listing Agent - **Name:** Team Gardner/Langley - **Brokerage:** Berkshire Hathaway Keys Real Estate | Knight & Gardner Realty - **Phone:** 3059022447 - **Broker Phone:** (305) 294-5155 - **Listing URL:** [View original listing](https://listings.listhub.net/pages/KWARFL/620301/?channel=propsimple) ## Photos ![1421 First Street - Photo 1](http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f4164670319r.jpg) ![1421 First Street - Photo 2](http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f2833600775r.jpg) ![1421 First Street - Photo 3](http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f2717511101r.jpg) ![1421 First Street - Photo 4](http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f2027771954r.jpg) ![1421 First Street - Photo 5](http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f557804388r.jpg) ![1421 First Street - Photo 6](http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f1519910705r.jpg) ![1421 First Street - Photo 7](http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f3278845576r.jpg) ![1421 First Street - Photo 8](http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f3277402031r.jpg) ![1421 First Street - Photo 9](http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f2194446457r.jpg) ![1421 First Street - Photo 10](http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f1509487388r.jpg) ![1421 First Street - Photo 11](http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f2106814494r.jpg) ![1421 First Street - Photo 12](http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f944050868r.jpg) --- **MLS#:** 620301 | **Updated:** 2026-07-02 **Source:** listhub *Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/1421-first-street-key-west-fl-33040-l620301) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1421-first-street-key-west-fl-33040-l620301#listing", "url": "https://www.propertysimple.ai/listing/1421-first-street-key-west-fl-33040-l620301", "name": "1421 First Street, Key West, FL 33040", "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.", "image": [ "http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f4164670319r.jpg", "http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f2833600775r.jpg", "http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f2717511101r.jpg", "http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f2027771954r.jpg", "http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f557804388r.jpg", "http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f1519910705r.jpg", "http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f3278845576r.jpg", "http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f3277402031r.jpg", "http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f2194446457r.jpg", "http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f1509487388r.jpg", "http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f2106814494r.jpg", "http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f944050868r.jpg" ], "primaryImageOfPage": { "@type": "ImageObject", "url": "http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f4164670319r.jpg", "caption": "1421 First Street - Key West, FL" }, "datePosted": "2026-06-17T00:00:00+00:00", "dateModified": "2026-07-02T04:57:30.030656+00:00", "mainEntity": { "@type": "Place", "@id": "https://www.propertysimple.ai/listing/1421-first-street-key-west-fl-33040-l620301#property", "name": "1421 First Street, Key West, FL 33040", "address": { "@type": "PostalAddress", "streetAddress": "1421 First Street", "addressLocality": "Key West", "addressRegion": "FL", "postalCode": "33040", "addressCountry": "US" }, "geo": { "@type": "GeoCoordinates", "latitude": 24.555395, "longitude": -81.780037 }, "image": [ "http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f4164670319r.jpg", "http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f2833600775r.jpg", "http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f2717511101r.jpg", "http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f2027771954r.jpg", "http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f557804388r.jpg", "http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f1519910705r.jpg", "http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f3278845576r.jpg", "http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f3277402031r.jpg", "http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f2194446457r.jpg", "http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f1509487388r.jpg", "http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f2106814494r.jpg", "http://lh.rdcpix.com/70db615f1d7122684a8be7336a9f377cl-f944050868r.jpg" ], "identifier": { "@type": "PropertyValue", "propertyID": "MLS", "value": "620301" }, "amenityFeature": [ { "@type": "LocationFeatureSpecification", "name": "Construction Materials", "value": "CBS" }, { "@type": "LocationFeatureSpecification", "name": "Views", "value": "Water" }, { "@type": "LocationFeatureSpecification", "name": "View", "value": true } ], "additionalProperty": [ { "@type": "PropertyValue", "name": "Lot Size", "value": "0.06 acres" }, { "@type": "PropertyValue", "name": "Property Subtype", "value": "Other" }, { "@type": "PropertyValue", "name": "Property Type", "value": "Commercial" } ] }, "offers": { "@type": "Offer", "@id": "https://www.propertysimple.ai/listing/1421-first-street-key-west-fl-33040-l620301#offer", "url": "https://www.propertysimple.ai/listing/1421-first-street-key-west-fl-33040-l620301", "price": 1250000, "priceCurrency": "USD", "businessFunction": "http://purl.org/goodrelations/v1#Sell", "availability": "https://schema.org/InStock", "seller": { "@id": "https://www.propertysimple.ai/listing/1421-first-street-key-west-fl-33040-l620301#agent" } }, "provider": { "@type": "Person", "@id": "https://www.propertysimple.ai/listing/1421-first-street-key-west-fl-33040-l620301#agent", "name": "Team Gardner/Langley", "telephone": "3059022447", "worksFor": { "@type": "Organization", "@id": "https://www.propertysimple.ai/listing/1421-first-street-key-west-fl-33040-l620301#brokerage", "name": "Berkshire Hathaway Keys Real Estate | Knight & Gardner Realty", "telephone": "(305) 294-5155" } } } ```