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425 Bahama Street, Key West, FL 33040

$1,399,000
Property Type: Commercial Sale Lot Size (sq. ft.): 3,150 Status: Active
Current Price: $1,399,000 List Date: 4/21/2026 Last Modified: 4/21/2026

Overview

Description

425 Bahama Street presents an exceptional opportunity to own a revenue-generating parking lot in iconic Key West, Florida. This income-producing property offers existing cash flow and represents a rare investment in a high-demand location where parking remains a valuable and limited commodity. Whether held as a steady income asset or positioned for future upside, this property offers investors a unique combination of immediate revenue and long-term potential in one of the most sought-after markets in the Florida Keys. Buyer to verify all details, including income, zoning, and allowable uses.

Listing Details MLS# 619200

Location, Tax & Legal

Street #
425
Street Name
Bahama
Street Suffix
Street
Key/Island
Key West
State/Province
FL
Zip Code
33040
Subdivision
Old Town - Unrecord (1.0)
County
Monroe
Area
01 - Key West
KW Neighborhood
Old Town-N of Truman
City
KEY WEST
Off Shore Island
No
Mile Marker
1
Marathon Neighborhood
N/A
Side
N/A
Alternate Key #
9105088
Parcel #
00006430000300
Zoning
HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
Legal
Kw Pt Lot 1 Sqr 37 Or77-356 Or152-87 Or194-81 Or279-490 Or522-445 Or607-334 Or837-995 Or1430-1344 Or2856-529 Or3196-639
Taxes
11272.7
Tax Year
2025

Contract Information

Listing Board
Key West Association
Limited Representation
No
As is Rght to Inspct
Yes
Potential Short Sale
No
Bank Owned
No
Species List
No

General Property Description

Realtor.COM Type
Commercial
Style
Commercial
Lot SqFt
3150
Waterfront
No
# Parking Spaces
7
Year Built
1900
Control Depth
0

Status Change Info

Contingent
None

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No

Vehicle Storage

Car(s)
4+

More Information

Financial Status

Bank Owned
No
Potential Short Sale
No

Remarks & Misc

Remarks – Consumer
425 Bahama Street presents an exceptional opportunity to own a revenue-generating parking lot in iconic Key West, Florida. This income-producing property offers existing cash flow and represents a rare investment in a high-demand location where parking remains a valuable and limited commodity. Whether held as a steady income asset or positioned for future upside, this property offers investors a unique combination of immediate revenue and long-term potential in one of the most sought-after markets in the Florida Keys. Buyer to verify all details, including income, zoning, and allowable uses.
Directions
Corner of Bahama and Fleming

Type

Other Services
Yes

Fee Includes

None
Yes

Dockage

None
Yes

Appliances

No Appliances
Yes

Waterfront

None
Yes

Waterview

No Waterview
Yes

Construction

Other
Yes

Land Size

Less Than 1/4 Acre
Yes

Utilities

Buyer to Verify
Yes

Property Features

Type: Other Services Waterfront: None Waterview: No Waterview Dockage: None Utilities: Buyer to Verify Appliances: No Appliances Construction: Other Land Size: Less Than 1/4 Acre Fee Includes: None
Listing Office: ICAMCO Realty LLC, dba Cosgrove Realty
Last Updated: April - 21 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.