$4,549,000
Key West, FL 33040
MLS# 616601
10 beds | 10 baths | 5317 sqft
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Property Description
Rare Multi-Family Investment Opportunity in Old Town Key West. This unique property is comprised of nine units, including eight updated one-bedroom, one-bathroom units and one two-bedroom, one-bathroom unit. 3 buildings situated on a 8,042 SqFt lot. It offers an exceptional opportunity for employers seeking staff housing, investors interested in a 1031 Exchange, or those considering a condo conversion. Please note that advanced notice is required to arrange showings, and not all units may be available for viewing as they are currently rented.
Details
Maps
Contract Information
Current Price: $4,549,000
Listing Date: 2025-09-24
Listing Board: Key West Association
Monthly Rent: $4,549,000
Limited Representation: No
Potential Short Sale: No
Bank Owned: No
Location, Tax & Legal
Street #: 818
Street Name: Elizabeth
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: Old Town - Unlisted (1.0)
County: Monroe
Area: 02 - Key West
General Property Description
Realtor.COM Type: Multi-Family
Style: Residential Income
Lot Size: 50.8 X 154
Lot SqFt: 8042
Waterfront: No
# Stories: 2
Total # Buildings: 3
Building SqFt: 5317
Living Apx SqFt: 5317
Total Units: 9
Year Built: 1928
Total Bedrooms: 10
Full Baths: 10
Total Baths: 10
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Status: Active
Property Features
License Info: Non Trans Rntl Lic
Type: Apartment 3 or more
Waterfront: None
Waterview: No Waterview
Dockage: None
Vehicle Storage: Off Street Parking
Cooling: Wall/Window Unit(s)
Utilities: FKAA; Municipal Sewer; Separate Meters
Miscellaneous: Sprinkler System; Other Miscellaneous
Construction: ICFs (Insulated Concrete Forms)
Roof: Metal Roof
Land Size: Less Than 1/4 Acre
Fee Includes: Other
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: October - 08 - 2026
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