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!
For sale
$9,888,000
1430 Vernon Ave, Key West, FL 33040
3beds
2,071sqft
Duplex, Multi Family
Built in 1953
-- sqft lot
$-- Zestimate®
$4,775/sqft
$-- HOA
What's special
Two-story homeOversized ocean-view lot
- 67 days |
- 2,661 |
- 31 |
Zillow last checked:
Listing updated:
Listed by:
Irina Pytlik 305-987-7775,
Keys Top Realty LLC,
Yulia Vakhtenko 305-879-0731,
Keys Top Realty LLC
Source: FLKMLS,MLS#: 619724
Originating MLS: Key West Association
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Wall/Window Unit(s), Ceiling Fans(s)
Appliances
- Included: Dishwasher, Oven, Range, Refrigerator
Features
- Storage
- Flooring: Tile
- Windows: Panel
Interior area
- Total interior livable area: 2,071 sqft
Property
Parking
- Parking features: Off Street
Features
- Exterior features: Sandy Beach, Storage
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Oceanfront, Waterfront, Sandy Beach, Dockage: None
Lot
- Size: 8,712 Square Feet
- Dimensions: 75 x 111
- Features: Less Than 1/4 Acre
Details
- Additional structures: Shed(s)
- Parcel number: 00038120000000
- Zoning: HCT
- Zoning description: Historic Commercial Tourist
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- CBS
- Roof: Metal
Condition
- Year built: 1953
Utilities & green energy
- Sewer: Municipal Sewer, Public Sewer
- Utilities for property: FKAA
Community & HOA
Community
- Features: Beach
- Subdivision: Key West Investment Co Sub (1.0)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Key West
Financial & listing details
- Price per square foot: $4,775/sqft
- Tax assessed value: $1,888,530
- Annual tax amount: $14,214
- Date on market: 5/1/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$5,273/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Listed for sale | $9,888,000$4,775/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,807 +5.2% | $1,537,133 +10% |
| 2024 | $14,077 +13.9% | $1,397,394 +10% |
| 2023 | $12,358 +13.9% | $1,270,358 +10% |
| 2022 | $10,854 +8% | $1,154,871 +10% |
| 2021 | $10,049 +3.5% | $1,049,883 +5.1% |
| 2020 | $9,710 | $999,169 +4.1% |
| 2019 | $9,710 +7.7% | $959,985 -5.4% |
| 2018 | $9,016 +1.3% | $1,014,990 +3.5% |
| 2017 | $8,896 +4.9% | $980,733 -2.6% |
| 2016 | $8,479 -1.1% | $1,007,118 +19.5% |
| 2015 | $8,577 | $842,915 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Upper Duvall
Nearby schools
GreatSchools rating
- 3/10Horace O'bryant SchoolGrades: PK-8Distance: 0.8 mi
- 4/10Key West High SchoolGrades: 9-12Distance: 1.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Monroe County
- Key West
- 33040
- Upper Duvall
- 1430 Vernon Ave




