5580 1st Avenue, Key West, FL, 33040

5580 1st Avenue Key West, FL 33040

5580 1st Avenue, Key West, FL, 33040
5580 1st Avenue, Key West, FL, 33040 5580 1st Avenue, Key West, FL, 33040 5580 1st Avenue, Key West, FL, 33040 5580 1st Avenue, Key West, FL, 33040 5580 1st Avenue, Key West, FL, 33040 5580 1st Avenue, Key West, FL, 33040 5580 1st Avenue, Key West, FL, 33040 5580 1st Avenue, Key West, FL, 33040
FOR SALE
Property Type:
Industrial
Amount:
$2,295,000
Last Verified:
Dec 04, 2025

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Description

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.

Located on Stock Island at Mile Marker 5, this property sits minutes from Key West with quick access to US-1, the working waterfront, marinas, and island industrial corridors. Surrounded by mixed-use growth and commercial activity, it offers excellent connectivity and high utility for a wide range of uses.

Building Size: 2040sq ft
Lot Size: 0.57 acres

Map of 5580 1st Avenue, Key West, FL, 33040

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.