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Listed by Team Gardner/Langley Berkshire Hathaway HomeServices Knight & Gardner Realty
$ 1,625,000
Est. payment /mo
Active Under Contract
1018 Truman AVE Key West, FL 33040
5 Beds
7 Baths
3,846 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,846 sqft
Price per Sqft $422
Subdivision Gwynn Sub (1.0)
MLS Listing ID 618332
Bedrooms 5
Full Baths 5
Half Baths 2
HOA Y/N No
Year Built 1914
Annual Tax Amount $11,386
Tax Year 2025
Lot Size 3,500 Sqft
Acres 0.08
Lot Dimensions 70 X 50
Property Sub-Type Commercial
Land Area 3846
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.
Location
State FL
County Monroe
Area 02 - Key West
Zoning HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
Exterior
Utilities Available Buyer To Verify
Waterfront Description None
Garage No
Others
HOA Fee Include None
Tax ID 00033260-000000
Acceptable Financing No Seller Finance
Listing Terms No Seller Finance
Nearby Locations