HCT-Zoned Multifamily Development
For Sale
$9,888,000
1430 Vernon Avenue, Key West, FL 33040
MULTI_FAMILY - Key West, FL
Property Size2,071 SF
Lot Size0.20 Acres
Price / SF$4,774
Days on Market108
Property Features for 1430 Vernon Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
HCT - Historic Commercial
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 2
Parking features
Off Street
Interior features
Storage
Exterior features
Sandy Beach, Shed, Storage
Appliances
Dishwasher, Refrigerator, Range, Oven
Subdivision
Key West Investment Co Sub (1.0)
View
Ocean
Standard status
Active
Size
2,071 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
14215
Utilities
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water front features
Ocean Front
Water front
1
Building Details
Year built
1953
Number of units
2
Flooring type
Tile
Building materials
CBS
Roof type
Metal
Additional Structures
Storage
Listing Agency:
Keys Top Realty LLC
(305) 676-8400
Listed By:
Irina Pytlik · License #3441724
(305) 987-7775
Added: May 1
Changed: Aug 7
Last Checked: Aug 16 at 10:06AM
MLS# 619724
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.
Investment Insights
Based on property information with market context.
1430 Vernon Avenue is a two-story property situated on the Atlantic side of Key West, described as the last remaining undeveloped parcel in the Historic Commercial Tourist District (HCT zone). The offering is supported by HCT zoning, with permitted uses noted to include single-family and two-family residential dwellings, multiple-family residential dwellings, restaurants, business and professional offices, hotels, motels, and transient lodging.
The property is offered with two separate electric meters. The lot is described in the remarks as an oversized ocean-view lot spanning 8,700 square feet, and it is located about three blocks from Duval Street.
This is positioned as a development-focused opportunity within the HCT framework, with the existing configuration and utilities intended to support a range of permitted uses under the stated zoning.
The property is offered with two separate electric meters. The lot is described in the remarks as an oversized ocean-view lot spanning 8,700 square feet, and it is located about three blocks from Duval Street.
This is positioned as a development-focused opportunity within the HCT framework, with the existing configuration and utilities intended to support a range of permitted uses under the stated zoning.
Key Highlights
- Ocean‑front lot with unobstructed ocean and beach views on the Atlantic side of Key West
- Two‑story CBS home (1953) with metal roof, tile flooring, and wall/window A/C units
- HCT zoning permits a wide range of uses including single/two‑family, multiple‑family, restaurants, offices, hotels, motels, and transient lodging
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,139
Businesses Nearby
Explore this area
Business Placement
Demographics for 33040, FL
35,958
Population
19,001
Households
1.9
Avg Household Size
44
Median Age
38%
College-Educated
92%
High-School Grad
17.7 sq mi
ZIP Area
2,032
Density / Sq Mi
$79,038
Median Household Income
$42,458
Median Earnings
$2,079
Median Rent
$766,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-story Key West property in the HCT Historic Commercial Tourist District with two separate electric meters.
Where is this duplex located?
The property is located at 1430 Vernon Avenue Key West, FL.
What is the asking price?
The asking price for this property is $9,888,000.
What are key features of this property?
This property features: Ocean‑front lot with unobstructed ocean and beach views on the Atlantic side of Key West; Two‑story CBS home (1953) with metal roof, tile flooring, and wall/window A/C units; HCT zoning permits a wide range of uses including single/two‑family, multiple‑family, restaurants, offices, hotels, motels, and transient lodging
