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$2,150,000
5580 1st Avenue
Stock Island, FL 33040
MLS# 617638
Status: Closed
2040 sqft


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Property Description
Significant Income Opportunity with income already on the books, with potential to push it more. Prime 25,000 SF mixed-use property on Stock Island featuring dual access from 1st and 2nd Avenue, a 2,040 SF concrete office/utility building, and expansive paved yard space. Zoned MU, the site supports a wide array of commercial, residential, and industrial uses. Fully fenced with ample parking, this versatile parcel offers exceptional redevelopment potential just minutes from Key West. An increasingly rare large MU tract in a high-demand growth corridor.

Details
Maps
Contract Information
Current Price: $2,150,000
Listing Date: 2025-12-08
Listing Board: Key West Association
Leased Price Monthly: $2,150,000
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No
Location, Tax & Legal
Street #: 5580
Street Name: 1st
Street Suffix: Avenue
Key/Island: Stock Island
State/Province: FL
Zip Code: 33040
Subdivision: Maloney Sub (5.0)
County: Monroe
Area: 05 - Stock Island to Shark Key
General Property Description
Realtor.COM Type: Commercial
Style: Commercial
Lot Size: 100 x 250
Lot SqFt: 25000
Waterfront: No
Total # Buildings: 2
Building SqFt: 2040
Living Apx SqFt: 2040
Year Built: 1964
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Under Contract Date: 2026-08-20
Leased Date: 2026-08-28
Leased Price Monthly: $2,150,000
Status: Closed
Property Features
Type: Auto Care; Boat Sales/Service; Other Comrcl Style; Professional Service; Other Services
Waterfront: None
Waterview: No Waterview
Dockage: None
Vehicle Storage: Off Street Parking; Trailer Storage
Utilities: FKAA; Municipal Sewer
Appliances: No Appliances
Miscellaneous: Fencing; Storage
Construction: CBS
Electric: Circuit Breakers
Roof: Metal Roof
Land Size: 1/2 - Less Than 1 AC
Fee Includes: None

Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Updated: August - 28 - 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.