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1018 Truman Avenue

Key West, FL 33040
  • $1,625,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 618332
UPDATED: 67 min ago
$1,625,000
  • 5
    BEDS
  • 0.08
    ACRES
  • 5
    BATHS
  • 2
    1/2 BATHS
  • 3,846
    SQFT
  • $423
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1914
County:

School Ratings & Info

Description

Prime mixed-use investment opportunity in the heart of Key West. This well-maintained historic building features two commercial units on the ground floor with excellent visibility and foot traffic, plus five 1-bed, 1-bath residential units upstairs, creating high, diversified income. The property offers classic Old Town character with functional updates, multiple electric meters, and solid rental performance. A rare side yard and covered upper porch add additional tenant appeal. Fully leased to established tenants, this turnkey asset is ideal for investors seeking stable cash flow in a highly desirable location, just minutes from Duval Street, beaches, and Key West's top dining and entertainment.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Bascom Grooms Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.realtorkeywestfl.com/homes/172495192
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1018 Truman Avenue Key West, FL 33040

  • Price: $1,625,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 67 min ago
  • MLS #: 618332
5
Beds
5
Baths
2
½ Baths
0.08
Acres
3,846
SQFT
$423
$/SQFT
1914
Built
Neighborhood:
Old Town-N Of Truman
County:
Monroe
Area:
02 - Key West
Property Description
Prime mixed-use investment opportunity in the heart of Key West. This well-maintained historic building features two commercial units on the ground floor with excellent visibility and foot traffic, plus five 1-bed, 1-bath residential units upstairs, creating high, diversified income. The property offers classic Old Town character with functional updates, multiple electric meters, and solid rental performance. A rare side yard and covered upper porch add additional tenant appeal. Fully leased to established tenants, this turnkey asset is ideal for investors seeking stable cash flow in a highly desirable location, just minutes from Duval Street, beaches, and Key West's top dining and entertainment.
Exterior Features

Construction Frame Dockage None Land Size More than 1 Lot Lot Size 70 X 50 Side Median Style Commercial Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances Other YES Net Leasable Area 3846.00

Property Features

Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City KEY WEST Commercial Type Apartment 3 or moreRetailProfessional ServiceOther Comrcl Style Control Depth 0 Fee Includes None Flood Zone 0.2 PCT ANNUAL CHANC Key West Neighborhood Old Town-N of Truman Legal KW GWYNN SUB PT OF TR 13 G10-289 OR388-137/38 OR720-764 OR744-350 OR871-1205Q/C OR997-1355 OR1253-2276/77Q/C OR1507-2034 Listing Board Key West Association Mile Marker 1.00 Potential Short Sale No Potential Short Sale Financial Status No Property Type Commercial Tax Year 2025 Taxes 11386.57 Terms No Seller Finance Total Units 0.00 Utilities Buyer to Verify Zoning HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med

Listing courtesy of Team Gardner/Langley of Berkshire Hathaway HomeServices Knight & Gardner Realty: .


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Bascom Grooms Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Bascom Grooms Real Estate
1110 Truman Ave
Key West FL, 33040