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    1220-1222 Seminary St Key West, FL 33040

    New
    For Sale
    $1,595,000

    Vacant Land - Key West, FL

    Days on Market:
    3
    Last Refresh:
    Dec 11 at 7:06 am

    Property Features for 1220-1222 Seminary St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    HMDR - Historic Medium Density Residential
    APN
    00042120-000000

    Building Details

    Architectural style
    Other

    Suzanne Moore Real Estate (305) 797-0699

    Listing agent Suzanne M Moore (305) 797-0699 License #3185298

    Listing date Dec 9, 2025

    MLS# 615968 Listing URL

    Copyright © 2025 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.

    Overview

    Key West Vacant Land Opportunity

    This is a prime cleared lot situated in an X Flood Zone, located in one of Key West's higher elevations and surrounded by multi-million dollar homes. The price includes plans and permits for a three-bedroom, three-and-a-half-bath, single-level home, complete with a new pool and off-street parking. Located in one of Key West's most coveted neighborhoods, it offers convenient access to Old Town, sandy beaches, the Casa Marina District, and a diverse array of restaurants, shops, cafes, and local attractions. This location scores a perfect 10 on the walkability scale. Another option is to build back 3 units for investment purposes as the original structure was a multi unit. The zoning is HMDR - Historic Medium Density Residential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Daycare Center Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Key West
    County
    Monroe
    State
    Florida
    Longitude
    -81.7878939
    Latitude
    24.5529706

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    FAQs

    What type of property is this?
    Land - Cleared lot with plans and permits in coveted Key West.
    Where is this land located?
    The property is located at 1220-1222 Seminary St Key West, FL.
    What is the asking price?
    The asking price for this property is $1,595,000.
    What are key features of this property?
    This property features: - Includes plans and permits for a **3 bedroom, 3.5 bath single-level home with new pool and off-street parking**.; - Located in a coveted neighborhood with easy access to Old Town, beaches, and amenities.; - Cleared lot in X flood zone on one of Key West's higher elevations.
    (305) 797-0699
    Request Owner's contact information
    1220-1222 Seminary St Key West, FL 33040
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1220-1222 Seminary St Key West, FL 33040
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