1018 Truman Ave, Key West, FL 33040

$1,300,000
5
BD
7
BA
3,846
SqFt

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Sold Price
$1,300,000
List Price
$1,625,000
MLS#
618332
Days on Market
136
Closing Date
Jun 12, 2026
Year Built
1914
Bedrooms
5
Bathrooms
7
Half-baths
2
Acres
0.08
Living Area
3,846
Region
Key West
Neighborhood
Old Town-N of Truman
Subdivision
Gwynn Sub (1.0)

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.

Additional Information

Lot Size
3,500

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Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway HomeServices Knight & Gardner Realty. Selling Office: .