5587 2nd Ave, Key West, FL 33040 Property Records

Monroe County property record for 5587 2nd Ave, Key West, FL 33040

Property Summary

Property TypeStorage Yard, Open Storage (Light Equipment, Material)
Details600 sqft · built 1960
Lot Size0.344 acres (15,000 sqft)
OwnerCompany Name on Record
Last Sale$500,000 (Aug 2016)
Tax Bill$6,373 (2025)
Flood ZoneZone AE (high risk)
APN00125430-000000

Property Details

APN / Parcel Number

Primary APN00125430-000000
Alternative APNs
  • 35672500125430000000
  • 1159590

Interior

Stories1 Story
Building Area600 sqft Gross Area
1st Floor Area600 sqft

Exterior

Year BuiltBuilt 1960
Effective Year BuiltEffective 1960
Exterior MaterialConcrete Block
Construction TypeConcrete Block
Fire ResistanceMasonry Walls, Wood Interior
Roof MaterialComposition Shingle
Lot Area15,000 sqft (0.344 acres)
Lot Dimensions150 ft deep x 100 ft wide
Deck Area240 sqft
Patio Area480 sqft
Canopy1,152 sqft

Location & Zoning

Account Number1159590
Street Address5587 2ND AVE
CityKEY WEST
StateFL
Zip33040-5945
Property CategoryIndustrial
Property TypeIndustrial > Storage Yard, Open Storage (Light Equipment, Material)
Local Zoning CodeMU
Legal DescriptionE 100 FT SQR 41 STOCK ISLAND MALONEY SUB PB1-55 OR22-389 OR435-909 OR1558-2362 OR1558-2367 OR1594-1893 OR1599-46 OR2813-1182
Legal Range25E
Legal Township67S
Legal Section35
Legal SubdivisionSTOCK ISLAND MALONEY
Legal Block41
JurisdictionMONROE FL
Township / Civil DivisionKEY WEST
Census Block Group2
Census Block2018
Census Tract971800

Owner

Source: Monroe County records, as of September 1, 2026

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

Owner of RecordCompany Name on Record
Mailing Address6300 3RD ST, KEY WEST, FL 33040-5910
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleAug 25, 2016 · Amount on Record
Deed SaleAug 25, 2016 · Amount on Record
Prior SaleFeb 1, 1969 · Amount on Record
Deed Book / Page2813 / 1182
Record UpdatedOct 29, 2026

Tax Assessment & Valuation

Source: Monroe County assessment roll, as of December 8, 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$6,373.00 (+20.29%)$916,191 (+28.88%) Land $877,500 Building $38,691$916,191 (+28.88%) Land $877,500 Building $38,691
2024$5,298.00 (+1.24%)
2023$5,233.00 (+9.25%)$710,902 (+10.49%) Land $675,000 Building $35,902$710,902 (+10.49%) Land $675,000 Building $35,902
2022$4,790.00$643,402 Land $607,500 Building $35,902$643,402 Land $607,500 Building $35,902

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

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

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 2nd Ave

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