425 Bahama Street, Key West, FL 33040

$1,199,000

Property Type: Commercial Sale Lot Size (sq. ft.): 3,150 Status: Active

Current Price: $1,199,000 List Date: 4/21/2026 Last Modified: 9/23/2026

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: September - 23 - 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.

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