5540 3rd Ave, Key West, FL 33040 Property Records

Monroe County property record for 5540 3rd Ave, Key West, FL 33040

Property Summary

Property TypeService Shop (TV, Radio, Electric, Plumbing)
Details1 ba · 2,589 sqft · built 1972
Lot Size0.342 acres (14,916 sqft)
OwnerCompany Name on File
Tax Bill$5,667 (2024)
Deeds & MortgagesJul 2019 Mortgage
Jun 2019 Mortgage
Flood ZoneZone AE (high risk)
APN00126990-000000

Property Details

APN / Parcel Number

Primary APN00126990-000000
Alternative APNs
  • 35672500126990000000
  • 1161195

Interior

Full Baths1 Bath
Stories1 Story
Building Area2,589 sqft Total Area
1st Floor Area2,589 sqft

Exterior

Year BuiltBuilt 1972
Effective Year BuiltEffective 1982
Exterior MaterialWood Siding
Fire ResistanceFireproof Reinforced Concrete
Lot Area14,916 sqft (0.342 acres)
FenceFence

Location & Zoning

Account Number1161195
Old Parcel Number35672500126990000000
Street Address5540 3RD AVE
CityKEY WEST
StateFL
Zip33040-6032
Property CategoryCommercial
Property TypeCommercial > Retail > Service Shop (TV, Radio, Electric, Plumbing)
Legal DescriptionBK 54 LT 18-19 STOCK ISLAND MALONEY SUBDIVISION PB1-55 Y-197 OR22-389 OR520-983 OR632-703/05 OR1013-2116/17 OR1023-1100/01C
Legal Range25E
Legal Township67S
Legal Section35
Legal SubdivisionSTOCK ISLAND RESUB
Legal Block54
Legal Lot Number18-19 19
JurisdictionMONROE FL
Township / Civil DivisionKEY WEST
Census Block Group2
Census Block2029
Census Tract971800

Owner

Source: Monroe County assessment roll, as of July 1, 2025

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

Owner of RecordCompany Name on File
Mailing Address23 FLIPPER RD, KEY WEST, FL 33040-5637
Owner TypeCompany

Deeds, Mortgages & Sale History

DateDocument
Jul 3, 2019Deed of Trust, Mortgage · Commercial Mortgage
CAPITAL BANK
Jun 27, 2019Deed of Trust, Mortgage
CAPITAL BK

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last Transfer DateNov 15, 2016
Transfer Doc0028251852
Record UpdatedJun 8, 2026

July 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMONROE FL
Property Address5540 3RD AVE, KEY WEST, FL 33040-6032
Transaction TypeMortgage
Record UpdatedFeb 7, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0029731023
DateJul 3, 2019
Book Page2973/1023
Instrument2227382
Lender
NameCAPITAL BANK
TypeBank
AddressMIAMI, FL 33134
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term240 Months
DueJul 1, 2039

June 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMONROE FL
Property Address5540 3RD AVE, KEY WEST, FL 33040-6032
Document Number0029731034
Instrument DateJun 27, 2019
Transaction TypeMortgage
Record UpdatedJul 19, 2019
Title CompanyNOT AVAILABLE

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address5540 3RD AVE KEY WEST FL 330406032, KEY WEST, FL 33040-6032

Mortgage

Document Number0029731034
DateJul 3, 2019
Book Page002973/001034
Instrument2227383
Lender
NameCAPITAL BK
TypeBank
AddressCORAL GABLES, FL 33134
Agreement
AmountAmount Recorded

Tax Assessment & Valuation

Source: Monroe County assessment roll, as of July 1, 2025

Property Jurisdictions

TypeName
StateFlorida
CountyMonroe County
Unified School DistrictMonroe County School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$901,974 (+15.56%) Land $828,957 Building $73,017$901,974 (+15.56%) Land $828,957 Building $73,017
2024$5,667.00 (+5%)
2023$5,397.00 (+8.96%)$780,555 (+8.9%) Land $701,425 Building $79,130$780,555 (+8.9%) Land $701,425 Building $79,130
2022$4,953.00$716,789 Land $637,659 Building $79,130$716,789 Land $637,659 Building $79,130

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

Flood

Source: FEMA National Flood Hazard Layer, effective September 24, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone AE
high risk
100-Year FloodplainYes
1% annual chance
FloodwayNo
Base Flood Elevation8.0 ft
Flood Insurance RequirementRequired
federally backed loans
Flood Insurance CostPremium on Record
median of 228 policies
Community Rating SystemClass 3 (35% premium discount)
Nearby Flood Policies228 in force
Nearby Flood Claims386 (1980–2022)
Claims Outside the SFHA4 of 386
Most Recent ClaimSep 2022 · Hurricane Ian
Claims by Event
  • Hurricane Irma, Sep 2017 · 71 claims
  • Hurricane Wilma, Oct 2005 · 174 claims
  • Hurricane Georges, Sep 1998 · 94 claims

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.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Internet Providers

Source: FCC Broadband Data Collection, based on 337 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250

May also be available: AT&T, Hotwire Communications, Verizon.

Nearby Properties on 3rd Ave

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