About This Home

This 3-bedroom, 2-bathroom multi-family at 1430 Vernon Avenue in Key West, FL is listed for $9,888,000 ($4,775 per sqft). Built in 1953, the home offers 2,071 sqft of living space on a 0.20 acres lot.

Key Features

  • Built in 1953
  • 0.20 acre lot
  • Waterfront

Property Details

2 full
1953

Amenities

WaterfrontViewA/C
Listing 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!

Monthly Cost Estimate

$52,883/mo

20% down · 6.5% · 30 years

Principal$7,151
Interest$42,848
Insurance$2,884

Estimates only. Actual payments may vary.

Location

1430 Vernon Avenue

Key West, FL 33040

Key West Investment Co Sub (1.0)

Features & Amenities

Interior Features

Storage

Exterior Features

Sandy BeachShedStorage

Property Details

Flooring

Tile

Construction

CBS

Views

Ocean

Parking

Off Street

Cooling

Window Unit(s)Wall/Window Unit(s)

Appliances

DishwasherRefrigeratorRangeOven

Questions & Answers

This 3-bedroom, 2-bathroom multi-family at 1430 Vernon Avenue is listed at $9,888,000 ($4,775/sqft). The estimated monthly payment is $52,883 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1953, 0.20 acre lot, Waterfront. Interior Features: Storage. Exterior Features: Sandy Beach, Shed, Storage.

This property is listed by Irina Pytlik.

IP

Irina Pytlik

Agent at Keys Top Realty LLC

Listed by Keys Top Realty LLC · Broker phone: (305) 676-8400 · View on Broker Site · Broker website

MLS# 619724· Source: Key West Association of Realtors· 181 days on PropertySimple

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.

1430 Vernon Avenue, Key West, FL 33040

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