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1018 Truman Ave 1018 Truman Ave 3,846 SF 100% Leased Flex Building Key West, FL 33040 $1,625,000 ($422.52/SF)
Executive Summary
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.
Property Facts
| Price | $1,625,000 | Property Type | Flex |
| Price Per SF | $422.52 | Rentable Building Area | 3,846 SF |
| Sale Type | Investment | No. Stories | 2 |
| Sale Conditions | Year Built | 1914 |
| Price | $1,625,000 |
| Price Per SF | $422.52 |
| Sale Type | Investment |
| Sale Conditions | |
| Property Type | Flex |
| Rentable Building Area | 3,846 SF |
| No. Stories | 2 |
| Year Built | 1914 |
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Walk Score®
Very Walkable (89)
Bike Score®
Biker's Paradise (94)
Property Taxes
| Parcel Number | 00033260-000000 | Improvements Assessment | $532,123 |
| Land Assessment | $852,390 | Total Assessment | $1,384,513 |
Property Taxes
Parcel Number
00033260-000000
Land Assessment
$852,390
Improvements Assessment
$532,123
Total Assessment
$1,384,513
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1018 Truman Ave | 1018 Truman Ave
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