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Key West Multi-Family Investment Opportunity 818 Elizabeth St 9 Unit Apartment Building $4,849,000 ($538,778/Unit) Key West, FL 33040
Executive Summary
Rare Multi-Family Investment Opportunity in Old Town Key West. This unique property is comprised of nine units, including eight updated one-bedroom, one-bathroom units and one two-bedroom, one-bathroom unit. 3 buildings situated on a 8,042 SqFt lot. It offers an exceptional opportunity for employers seeking staff housing, investors interested in a 1031 Exchange, or those considering a condo conversion. Please note that advanced notice is required to arrange showings, and not all units may be available for viewing as they are currently rented long term.
Property Facts
| Price | $4,849,000 | Apartment Style | Low-Rise |
| Price Per Unit | $538,778 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.19 AC |
| No. Units | 9 | Building Size | 5,317 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1928/1999 |
| Zoning | HHDR - Historic High Density Residential | ||
| Price | $4,849,000 |
| Price Per Unit | $538,778 |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 5,317 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1928/1999 |
| Zoning | HHDR - Historic High Density Residential |
Amenities
Unit Amenities
- Kitchen
- Oven
- Range
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
| 2+1 | 1 | - | - |
1 1
Walk Score®
Walker's Paradise (96)
Bike Score®
Biker's Paradise (92)
Property Taxes
| Parcel Number | 00018340-000000 | Improvements Assessment | $725,085 |
| Land Assessment | $1,547,984 | Total Assessment | $2,273,069 |
Property Taxes
Parcel Number
00018340-000000
Land Assessment
$1,547,984
Improvements Assessment
$725,085
Total Assessment
$2,273,069
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Key West Multi-Family Investment Opportunity | 818 Elizabeth St
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