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5331 5th Ave 6 Unit Apartment Building $2,500,000 ($416,667/Unit) Key West, FL 33040
Executive Summary
Here's your chance to acquire a substantial real estate package consisting of four parcels totaling approximately 30,000 square feet of land. The property includes two commercial units offering a combined 1,108 square feet—ideal for business use or tenant leasing. Also included are six residential units featuring 6 bedrooms and 6 bathrooms across 4,597 square feet of living space—well-suited for rental income or multi-family occupancy. An additional vacant lot provides room for potential expansion or new development. This is a solid investment opportunity with existing income and future growth potential. Please do not disturb tenants.
Property Facts
| Price | $2,500,000 | Building Class | C |
| Price Per Unit | $416,667 | Lot Size | 0.66 AC |
| Sale Type | Investment | Building Size | 4,119 SF |
| No. Units | 6 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1938 |
| Property Subtype | Apartment | Parking Ratio | 3.36/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | MU - Mixed Use | ||
| Price | $2,500,000 |
| Price Per Unit | $416,667 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.66 AC |
| Building Size | 4,119 SF |
| No. Stories | 1 |
| Year Built | 1938 |
| Parking Ratio | 3.36/1,000 SF |
| Zoning | MU - Mixed Use |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Oven
- Tub/Shower
- Large Bedrooms
Site Amenities
- 24 Hour Access
1 1
Bike Score®
Very Bikeable (84)
Property Taxes
| Parcel Number | 00126840-000000 | Improvements Assessment | $139,527 |
| Land Assessment | $487,500 | Total Assessment | $627,027 |
Property Taxes
Parcel Number
00126840-000000
Land Assessment
$487,500
Improvements Assessment
$139,527
Total Assessment
$627,027
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5331 5th Ave
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