Skip To Content

928 Truman Avenue

Key West, FL 33040
  • $1,890,000
  • STATUS: Active
  • ON SITE: 45 Days
  • MLS #: 611524
UPDATED: 61 min ago
$1,890,000
  • 8
    BEDS
  • 0.09
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1959
County:

School Ratings & Info

Description

This 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.

Monthly Payment Calculator



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 Gamal Riquelme | Sunshine Brokers are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.homesalesfloridakeys.com/homes/155522939
Print Image

928 Truman Avenue Key West, FL 33040

  • Price: $1,890,000
  • Status: Active
  • On Site: 45 Days
  • Updated: 61 min ago
  • MLS #: 611524
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
This 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

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 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 Building Number 2 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 Tax Year 2023 Taxes 9854.00 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 Gamal Riquelme | Sunshine Brokers are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_2_611524-2.jpg https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_2_611524-2.jpg https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_2_611524-2.jpg
Logo
Gamal Riquelme | Sunshine Brokers
50 Jasmine Dr
Key Largo FL, 33037