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1018 Truman Avenue
Key West FL 33040 US

$1,625,000

Active Under Contract Listing ID 618332
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5 bed
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6.00 Bath (5 Full , 2 Half)
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Lot: 0.08 Acres
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Other

$1,625,000

Active Under Contract Listing ID 618332
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1018 Truman Avenue 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.

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Property Features

  • Facts
  • Lot Size: 0.08 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 5
  • 1/2 Bathrooms: 2

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1625000
  • unparsedaddress: 1018 Truman Avenue
  • postalcity: Key West
  • stateorprovince: FL
  • country: US
  • postalcode: 33040
  • bathroomsfull: 5
  • bathroomshalf: 2
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.08
  • lotsizeunits: Acres
  • lotsizearea: 0.08
  • livingarea: 3846
  • livingareaunits: Square Feet
  • latitude: 24.555142
  • longitude: -81.792534
  • listagentfullname: Team Gardner/Langley
  • listagentemail: commercial@keysrealestate.com
  • listagentkey: 3yd-KWARFL-20080619155121704955000000
  • listagentmlsid: kwa.2032
  • listagentpreferredphone: 3059022447
  • listofficekey: 3yd-KWARFL-20070803221344494963000000
  • listofficemlsid: kwa.10017
  • disclaimer: Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: KWARFL
  • yearbuilt: 1914
  • listingcontractdate: 2026-01-27
  • listagenturl: http://www.keysrealestate.com
  • countyorparish: Monroe
  • parcelnumber: 00033260-000000
  • constructionmaterials: Frame
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • view: Water
  • waterfrontyn: False
  • franchiseaffiliation: Berkshire Hathaway HomeServices
  • rooms: Bedroom 4, Bathroom 1, Bathroom 5, Bathroom 7, Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 5, Bedroom 1, Bathroom 4, Bathroom 6
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -81.792534, 24.555141
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Berkshire Hathaway Keys Real Estate | Knight & Gardner Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"commercial@keysrealestate.com", "ListBrokerageCity":"Key West", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@keysrealestate.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/KWARFL/060114707e9011e1b78c12313904e194/20190802195037982.png", "ListBrokerageName":"Berkshire Hathaway Keys Real Estate | Knight & Gardner Realty", "ListBrokeragePhone":"(305) 294-5155", "ListBrokeragePostalCode":"33040", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"336 Duval St", "ListBrokerageWebsiteUrl":"http://www.keysrealestate.com", "ListOfficeAddress1":"336 Duval St. ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"20070803221344494963000000", "ListOfficeCity":"Key West", "ListOfficeCountry":"US", "ListOfficeEmail":"info@keysrealestate.com", "ListOfficePostalCode":"33040", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Key West, FL", "ListingURL":null, "MLSModificationTimestamp":"2026-04-16 18:05:31", "Neighborhoods":[{"Description":null, "Name":"Gwynn Sub (1.0)"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":11387, "TaxDescription":"KW GWYNN SUB PT OF TR 13 G10-289 OR388-137/38 OR720-764 OR744-350 OR871-1205Q/C OR997-1355 OR1253-2276/77Q/C OR1507-2034", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/21/2026 11:17:11 PM GMT
Source Updated Date: 5/26/2026 6:40:34 PM GMT

Courtesy of: Team Gardner/Langley, Berkshire Hathaway HomeServices Knight & Gardner Realty, commercial@keysrealestate.com

Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.