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928 Truman Avenue , #101

Key West, FL 33040
  • $1,840,000
  • STATUS: Active
  • ON SITE: 83 Days
  • MLS #: 611525
UPDATED: 39 min ago
$1,840,000
  • 8
    BEDS
  • 0.09
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 1,830
    SQFT
  • $1,005
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1959
County:

School Ratings & Info

Description

Prime Old Town Multi-Use PropertyThis unique property on Truman Ave features five legal long-term rental apartments, ideal for steady income or employee housing. Unit 101, a CBS building, may be converted for commercial use (buyer to verify), provided the residential units remain onsite, offering valuable flexibility in Key West's transient receivership zone.With eight bedrooms, five bathrooms, and a current monthly rental income of $11,650, this property combines income-producing apartments with potential commercial space in a prime Key West location and X flood zone. An excellent investment opportunity in the heart of Old Town.

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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 Expert Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.keywestexperts.com/homes/155522925
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928 Truman Avenue , #101 Key West, FL 33040

  • Price: $1,840,000
  • Status: Active
  • On Site: 83 Days
  • Updated: 39 min ago
  • MLS #: 611525
8
Beds
5
Baths
0
½ Baths
0.09
Acres
1,830
SQFT
$1,005
$/SQFT
1959
Built
Neighborhood:
Old Town-S Of Truman
County:
Monroe
Area:
02 - Key West
Property Description
Prime Old Town Multi-Use PropertyThis unique property on Truman Ave features five legal long-term rental apartments, ideal for steady income or employee housing. Unit 101, a CBS building, may be converted for commercial use (buyer to verify), provided the residential units remain onsite, offering valuable flexibility in Key West's transient receivership zone.With eight bedrooms, five bathrooms, and a current monthly rental income of $11,650, this property combines income-producing apartments with potential commercial space in a prime Key West location and X flood zone. An excellent investment opportunity in the heart of Old Town.
Exterior Features

Above Flood Yes Building Style Other Bldg Style Construction CBSCombo ConstructionStuccoConcrete Dockage None Exterior Features ShedStorage Floor Number 2.00 Land Size Less Than 1/4 Acre Lot Size Buyer to verify Pool YN No Porch Balcony Open Porch/BalconyDeck Roof Metal RoofCombo RoofConcrete Roof Side Median Stories 2 Stories Style Multi-Units Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances More AppliancesOvenRefrigerator Cooling Heating Wall/Window Unit(s)DuctlessCeiling Fans(s) Floor ParquetConcreteOtherTerrazzo Furnished Unfurnished Specialty Rooms Workshop Windows Doors Double Hung WindowsImpact Rstnce WindowAluminum Windows

Property Features

Assoc Fee 0.00 Assoc Hoa YN No Assoc Right Of Refusal No City KEY WEST Control Depth 0 Deed Restrictions Unknown 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 Min Rental Days 28.00 Pets Pets Allowed Public Sewer Hookup Yes Rentals Allowed Yes Security Other Sq Ft Source Appraisal Tax Exemptions None Tax Year 2023 Taxes 9854.00 Terms CashConventional Utilities Buyer to VerifyElect Separate Meter 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 Expert 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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Expert Realty
517 Duval Street #205
Key West FL, 33040