1421 1st St, #101, Key West, FL 33040 Property Records

Monroe County property record for 1421 1st St, #101, Key West, FL 33040

Property Summary

Property Type	Mixed Use Commercial Office / Residential
Details	6 ba · 4,437 sqft · built 1948
Lot Size	0.116 acres (5,050 sqft)
Owner	Company Name on File
Last Sale	$100 (Oct 2019)
Tax Bill	$8,818 (2025)
Deeds & Mortgages	Apr 2024 Line of Credit Aug 2023 Mortgage + 2 more
Flood Zone	Zone AE (high risk)
APN	`00045100-000000`

Property Details

APN / Parcel Number

Primary APN	`00045100-000000`
Alternative APNs	`01010100045100000000` `1045691`

Interior

Full Baths	6 Baths
Units	2 Units
Stories	2 Stories
Building Area	4,437 sqft Gross Area
1st Floor Area	1,901 sqft

Exterior

Year Built	Built 1948
Effective Year Built	Effective 2002
Exterior Material	Wood Siding
Construction Type	Wood
Roof Material	Asphalt
Lot Area	5,050 sqft (0.116 acres)
Lot Dimensions	101 ft deep x 50 ft wide
Patio Area	1,026 sqft
Total Buildings	2 Buildings

Location & Zoning

Account Number	1045691
Street Address	1421 1ST ST, 101
City	KEY WEST
State	FL
Zip	33040-3648
Property Category	Commercial
Property Type	Commercial > Office > Mixed Use Commercial Office / Residential
Local Zoning Code	CL
Legal Description	KW KW REALTY COS FIRST SUB PB1-43 PT LTS 1 2 SQR 2 TR 21 50 FT X 101 FT FIRST ST CO JUDGE DOCKET 9-37A OR334-587/88 OR334-538/41 OR334-545/47 OR1423-879/80 OR1649-581/83R/S OR2037-1987/88 OR2242-363 OR2561-1818/19 OR2687-1423/25 OR2989-1542
Legal Subdivision	KEY WEST REALTY COS FIRST SUB
Legal Tract	21
Legal Lot Number	1
Jurisdiction	MONROE FL
Township / Civil Division	KEY WEST
Census Block Group	3
Census Block	3016
Census Tract	972200

Owner

Source: Monroe County records · APN 00045100-000000

Assessment roll updated December 8, 2025 · Last verified June 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on File
Mailing Address	1421 1ST ST, 101, KEY WEST, FL 33040-3648
Owner Type	Company
Vesting	Limited Liability Company

Deeds, Mortgages & Sale History

Date	Document
Apr 25, 2024	Deed of Trust, Mortgage · Line of Credit FIRST STATE BANK OF THE FLORIDA KEYS
Aug 30, 2023	Deed of Trust, Mortgage · Commercial Mortgage FIRST STATE BANK
Jul 27, 2020	Deed of Trust, Construction Loan · Line of Credit FIRST ST BK/FL KEYS
Oct 15, 2019	Warranty Deed, Construction Loan · Line of Credit FIRST ST BK/FL KEYS

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Oct 15, 2019 · Amount on Record
Deed Sale	Oct 15, 2019 · Amount on Record
Prior Sale	Jun 04, 2014 · Amount on Record
Deed Document Number	20192240614
Deed Book / Page	2989 / 1542
Prior Transfer Date	Oct 03, 2006
Prior Transfer Doc	0022420363
Record Updated	Sep 20, 2026

April 2024: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MONROE FL
Property Address	1421 1ST ST # 101, 101, KEY WEST, FL 33040-3648
Transaction Type	Mortgage
Record Updated	May 17, 2024

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0032722334
Date	Apr 25, 2024
Book Page	3272/2334
Instrument	2459350

Lender

Name	FIRST STATE BANK OF THE FLORIDA KEYS
Type	Bank
Address	1201 SIMONTON ST, KEY WEST, FL 33040

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	36 Months
Due	Apr 25, 2027

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

August 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MONROE FL
Property Address	1421 1ST ST # 101, 101, KEY WEST, FL 33040-3648
Transaction Type	Mortgage
Record Updated	Jan 23, 2024

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1201 SIMONTON ST, KEY WEST, FL 33040-3111

Mortgage

Document Number	0032401647
Date	Aug 30, 2023
Book Page	3240/1647
Instrument	2430296

Lender

Name	FIRST STATE BANK
Type	Bank
Address	KEY WEST, FL 33041

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	36 Months
Due	Aug 30, 2026

July 2020: Deed of Trust, Construction Loan

Document Type	Deed of Trust
Jurisdiction	MONROE FL
Recording Date	Jul 27, 2020
Property Address	1421 1ST ST # 101, 101, KEY WEST, FL 33040-3648
Document Number	0030332279
Book / Page	003033 / 002279
Instrument Date	Jul 21, 2020
Instrument	2274604
Transaction Type	Construction Loan
Record Updated	Aug 28, 2020
Title Company	NOT AVAILABLE

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	1421 1ST ST #101 KEY WEST FL 330403648, 101, KEY WEST, FL 33040-3648

Mortgage

Document Number	30332279
Date	Jul 27, 2020
Book Page	003033/002279
Instrument	2274604

Lender

Name	FIRST ST BK/FL KEYS
Type	Bank
Address	KEY WEST, FL 33041-1526

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	12 Months
Due	Jul 26, 2021

Interest

Rate Type	Adjustable Rate

October 2019: Warranty Deed, Construction Loan

Document Type	Warranty Deed
Jurisdiction	MONROE FL
Recording Date	Oct 15, 2019
Property Address	1421 1ST ST # 101, 101, KEY WEST, FL 33040-3648
Document Number	0029891542
Book / Page	002989 / 001542
Instrument Date	Oct 15, 2019
Instrument	2240614
Transaction Type	Construction Loan
Record Updated	Dec 09, 2019
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount Recorded
Tax	$0.70
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	1421 1ST ST #101 KEY WEST FL 330403648, 101, KEY WEST, FL 33040-3648

Mortgage

Document Number	29891549
Date	Oct 15, 2019
Book Page	002989/001549
Instrument	2240617

Lender

Name	FIRST ST BK/FL KEYS
Type	Bank
Address	KEY WEST, FL 33041-1526

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	84 Months
Due	Oct 14, 2026

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: Monroe County records · Assessment roll updated December 8, 2025 · Last verified June 2026

Property Jurisdictions

Type	Name
State	Florida
County	Monroe County
Municipality	Key West City
Unified School District	Monroe County School District (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$8,818.00 (+15.72%)	$1,160,478 (+21.87%) Land $555,500 Building $604,978	$1,160,478 (+21.87%) Land $555,500 Building $604,978
2024	$7,620.00 (+4.51%)
2023	$7,291.00 (+19.9%)	$952,224 (+36.95%) Land $378,750 Building $573,474	$952,224 (+36.95%) Land $378,750 Building $573,474
2022	$6,081.00	$695,287 Land $106,050 Building $589,237	$695,287 Land $106,050 Building $589,237

Flood & Wildfire

Source: FEMA National Flood Hazard Layer as of September 24, 2026 · FEMA NFIP claims and policies as of September 2026 · USDA Forest Service Wildfire Risk to Communities as of 2024 · Last verified October 2026

Flood

FEMA Flood Zone	Zone AE high risk
100-Year Floodplain	Yes 1% annual chance
Floodway	No
Base Flood Elevation	7.0 ft
Flood Insurance Requirement	Required federally backed loans
Flood Insurance Cost	Premium on Record median of 132 individual policies
Community Rating System	Class 5 (25% premium discount)
Nearby Flood Policies	142 units insured incl. 10 condo units
Nearby Flood Claims	247 (1980–2025)
Most Recent Claim	Feb 2025 · rainfall accumulation
Claims by Event	Hurricane Irma, Sep 2017 · 33 claims Hurricane Wilma, Oct 2005 · 142 claims Hurricane Georges, Sep 1998 · 26 claims

Wildfire

Wildfire Risk	Not rated no burnable land within ember reach

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Internet Providers

Source: FCC Broadband Data Collection as of December 31, 2025 · Last verified October 2026

Provider	Max Down / Up (Mbps)
AT&T Fiber · DSL	5,000 / 5,000
Xfinity Cable	2,000 / 250
T-Mobile USA Fixed Wireless	100 / 20

May also be available: Hotwire Communications, Verizon.

Based on FCC filings for 592 locations within half a mile of this property.

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