x
Showing 1 of 0
X
Save

1501 Truman Avenue
Key West FL 33040 US

$3,750,000

Active Listing ID 621522
bed icon
4 bed
rule icon
2,214 square feet
bath icon
4.00 Bath (4 Full)
lot icon
Lot: 0.10 Acres
home icon
Other

$3,750,000

Active Listing ID 621522
Save

1501 Truman Avenue Exceptional Key West Investment Opportunity with 3 Transient Licenses. The property consists of four private one bedrooms, one bath units, each featuring its own kitchen, living area, bedroom, and full bathroom. Most importantly, three of the four units benefit from transient rental licenses allowing nightly rentals, an increasingly rare and valuable asset in the Key West market. The fourth unit is currently rented monthly. Guests enjoy a shared private courtyard with a swimming pool, creating an inviting tropical setting and a desirable amenity for vacation renters. The property also offers three parking spaces, an added convenience in Key West. Renovated in 2018, the units blend classic Key West character with modern updates. Features include Dade County pine, engineered wood flooring, granite countertops, updated kitchen cabinetry and appliances, along with updated plumbing and electrical systems. Each unit is designed to operate independently, making the property well suited for continued use as an income producing investment.

Collapse all

Property Features

  • Facts
  • Lot Size: 0.10 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • Cooling System: Wall/Window Unit(s), Window Unit(s)
  • Floor Covering: Tile, Combo, Laminate
  • Roof Type: Metal

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 3750000
  • unparsedaddress: 1501 Truman Avenue
  • postalcity: Key West
  • stateorprovince: FL
  • country: US
  • postalcode: 33040
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1
  • lotsizeunits: Acres
  • lotsizearea: 0.1
  • livingarea: 2214
  • livingareaunits: Square Feet
  • latitude: 24.557952
  • longitude: -81.788669
  • listagentfullname: Jenna Vega Blackwell
  • listagentemail: jblackwell@keysrealestate.com
  • listagentkey: 3yd-KWARFL-20161123153743025545000000
  • listagentmlsid: kwa.263502012
  • listagentpreferredphone: 3053936573
  • 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: 1928
  • listingcontractdate: 2026-10-06
  • listagenturl: https://www.bhhsknightgardnerrealty.com/agent-search-results?full_name=Jenna%2BBlackwell
  • countyorparish: Monroe
  • parcelnumber: 00024250-000000
  • appliances: Refrigerator, Washer, Dryer
  • cooling: Wall/Window Unit(s), Window Unit(s)
  • constructionmaterials: Frame
  • flooring: Tile, Combo, Laminate
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Guest, Off Street
  • roof: Metal
  • view: Water
  • waterfrontyn: False
  • franchiseaffiliation: Berkshire Hathaway HomeServices
  • rooms: Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 4, Bedroom 3
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -81.788666, 24.557953
  • 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":"susan@keysrealestate.com", "ListBrokerageCity":"Key West", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@keysrealestate.com", "ListBrokerageLogoUrl":"http://lh.rdcpix.com/060114707e9011e1b78c12313904e194k-c3719782096r.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 Sale, Key West, FL", "ListingURL":null, "MLSModificationTimestamp":"2026-10-07 00:50:03", "Neighborhoods":[{"Description":null, "Name":"The Meadows (1.0)"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":21731, "TaxDescription":"KW BENJ ALBURYS SUBD DIAGRAM I-389 PT LOTS 8-9 SQR 3 TR 7 E1-128 OR662-774 OR703-83 OR959-993 OR1006-283 OR1038-721 OR12", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/7/2026 12:53:02 AM GMT
Source Updated Date: 10/11/2026 12:52:36 AM GMT

Courtesy of: Jenna Vega Blackwell, Berkshire Hathaway HomeServices Knight & Gardner Realty, jblackwell@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.