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1011 Truman Ave 2 Unit Apartment Building $1,450,000 ($725,000/Unit) Key West, FL 33040
Investment Highlights
- Mixed use
- Zoned HNC-1
- Key West location
Executive Summary
1011 Truman Avenue is a stylish mixed-use property located in the heart of Old Town, Key West. The building includes three legal units with one covered off street parking space and sits in the desirable X-Flood Zone. The ground floor features a 795 sq. ft. professional office space with an industrial feel and a half bath, along with a 416 sq. ft. one-bedroom unit that includes a full bathroom and hookups for a kitchenette—perfect for converting into an efficiency. Upstairs, you'll find a stunning 720 sq. ft. one-bedroom, one-bath loft with an open layout that includes a living and dining area, a partitioned bedroom, a beautiful master bath, a kitchen, and a private covered patio.
Property Facts
| Price | $1,450,000 | Building Class | C |
| Price Per Unit | $725,000 | Lot Size | 0.07 AC |
| Sale Type | Investment | Building Size | 1,959 SF |
| No. Units | 2 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1953 |
| Property Subtype | Apartment | Parking Ratio | 1.02/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | HNC-1 - Historic Neighborhood Commercial, & is intended to allow a mix of small-scale commercial, professional, & residential uses within historic districts | ||
| Price | $1,450,000 |
| Price Per Unit | $725,000 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 1,959 SF |
| No. Stories | 3 |
| Year Built | 1953 |
| Parking Ratio | 1.02/1,000 SF |
| Zoning | HNC-1 - Historic Neighborhood Commercial, & is intended to allow a mix of small-scale commercial, professional, & residential uses within historic districts |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Pet Play Area
- Walk-Up
- Smoke Detector
1 1
Moderately walkable
70/100
Exceptionally drivable
100/100
Limited public transit
30/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 00021000-000100 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $560,458 |
Property Taxes
Parcel Number
00021000-000100
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$560,458
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1011 Truman Ave
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