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928 Truman Avenue

Key West, FL 33040
  • $1,800,000
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: 613025
UPDATED: 79 min ago
$1,800,000
  • 8
    BEDS
  • 0.09
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1959
County:

School Ratings & Info

Description

Old Town Multi-Use PropertyLocated on Truman Avenue, this distinctive property features five legal long-term rental apartments, making it ideal for steady income or employee housing.Unit 101, a CBS building, offers the potential for commercial conversion (buyer to verify), provided the residential units remain onsite, creating valuable flexibility within Key West's transient receivership zone.Highlights include:8 bedrooms and 5 bathrooms$11,650 monthly rental incomeLocated in an X flood zoneThis property presents a unique opportunity to combine income-generating apartments with potential commercial space, all in a prime Old Town location.

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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 KeyIsle Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.keyislerealty.com/homes/159267140
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928 Truman Avenue Key West, FL 33040

  • Price: $1,800,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 79 min ago
  • MLS #: 613025
8
Beds
5
Baths
0
½ Baths
0.09
Acres
1959
Built
Neighborhood:
Old Town-S Of Truman
County:
Monroe
Area:
02 - Key West
Property Description
Old Town Multi-Use PropertyLocated on Truman Avenue, this distinctive property features five legal long-term rental apartments, making it ideal for steady income or employee housing.Unit 101, a CBS building, offers the potential for commercial conversion (buyer to verify), provided the residential units remain onsite, creating valuable flexibility within Key West's transient receivership zone.Highlights include:8 bedrooms and 5 bathrooms$11,650 monthly rental incomeLocated in an X flood zoneThis property presents a unique opportunity to combine income-generating apartments with potential commercial space, all in a prime Old Town location.
Exterior Features

Construction CBSCombo ConstructionStuccoConcrete Dockage None Land Size Less Than 1/4 Acre Lot Size Buyer to verify Miscellaneous StorageOther MiscellaneousHighway FrontageHigh VisibilityFencing Off Street Parking N/A Parking Spaces 0 Roof Metal RoofCombo RoofConcrete Roof Side Median Style Commercial Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances RefrigeratorRange Appliances Other YES Cooling Heating Central AirWall/Window Unit(s) Floor VinylConcreteComboParquet Windows Doors Other Windows/DoorsImpact Rstnce Window

Property Features

Assoc Fee 0.00 Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No Business Name 928 Truman LLC City KEY WEST Commercial Type Apartment 3 or moreOther ServicesFranchiseRetailOther Comrcl StyleOffice Buildings Control Depth 0 Deed Restrictions Unknown Electric Meters 5 Fee Includes None Flood Zone 0.2 PCT ANNUAL CHANC Key West Neighborhood Old Town-S of Truman License Info Non Trans Rntl Lic Listing Board Key West Association Mile Marker 1.00 Potential Short Sale No Potential Short Sale Financial Status No Property Type Commercial Sq Ft Source Property Data Card Tax Year 2024 Taxes 9598.40 Terms Buyer Obtain Finance Total Units 5.00 Utilities FKAABuyer to Verify Water Meters 4 Zoning HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med

Listing courtesy of Allison Findlay of Preferred Properties (KW): (305) 294-3040.


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 KeyIsle Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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30971 Avenue A Suite A
Big Pine Key FL, 33043