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HCT-Zoned Multifamily Development Site

1430 Vernon Avenue Key West, FL 33040

Claim this Listing
For Sale
$9,888,000

MULTI_FAMILY - Key West, FL

Property size:
2,071 SF
Lot size:
0.20 Acres
Price / SF:
$4,774/SF
Added:
May 1, 2026
Days on Market:
74
Last Refresh:
Jul 13 at 3:06 am

Property Features for 1430 Vernon Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
HCT - Historic Commercial
Bedrooms
3
Bathrooms
2
Rooms
Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1
Parking features
Off Street
Interior features
Storage
Exterior features
Sandy Beach, Shed, Storage
Appliances
Dishwasher, Refrigerator, Range, Oven
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
Window Unit(s), Wall/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 agent Irina Pytlik License #3441724

Listing office Keys Top Realty LLC 3706 N Roosevelt Blvd Suite 207, Key West, FL

Listing date May 1, 2026

MLS# 619724 Listing URL

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.

Key Highlights

  • Ocean‑front property with sandy beach and waterfront ocean‑front features
  • 8,700 SF oversized ocean‑view lot in Key West’s Historic Commercial Tourist District (HCT zone)
  • Permitted HCT uses include single‑family/two‑family, multi‑family, restaurant, business/professional offices, hotels, motels, and transient lodging

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Key West Beach ... Hotel & Motel

Suggested Use

Carpet & Flooring Store HVAC Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Barber Shop Tech Support Center Tanning Salon Building Supply Veterinary Clinic Furniture & Home Goods

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

FAQs

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 property with sandy beach and waterfront ocean‑front features; 8,700 SF oversized ocean‑view lot in Key West’s Historic Commercial Tourist District (HCT zone); Permitted HCT uses include single‑family/two‑family, multi‑family, restaurant, business/professional offices, hotels, motels, and transient lodging
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