$2,268,000

1104 Truman Avenue, Key West FL, 33040

Price per sqft$723.21

Built in1928

Property size3,136 sqft

Property typeCommercial

Overview

Active

Listed May 16, 2026

Updated 31h ago

Prime Old Town Key West Location with 55 ft of Truman Avenue Frontage and Generous Off Street Parking. The property currently consists of four licensed rental apartments; one 2BR/1BA unit and three 1BR/1BA units. Property formerly configured for two business offices. Perfect for your business downstairs and reside upstairs. Generous off-street parking; a rare and valuable feature in Old Town, enhances desirability for business and/or residential occupants. Lots of Options: long-term rentals, monthly vacation rentals, employee housing, or mixed-use potential with commercial use on the ground level and residential above. The flexible interior layout also offers the potential to be a duplex. Or reimagine as a spacious single-family residence. Conversion to four condos offers the highest investment return. This is an extremely well-located property with multiple use possibilities. Buyer to verify any conversion from existing use. Classic Conch-style construction with covered porches adds to the property's island appeal and long-term value.

Additional information

MLS^® ID: 619930

Interior Features

Bedrooms: 5
Bathrooms: 4
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.13 Acres

Other Property Details

Taxes: $13,791
Tax Frequency: Annually
Garage: Yes
View: Yes

Listed by Nancy Swift with Location 3 Real Estate of KW Inc (KW)
Listing Contact: 305-849-2455

The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 10/10/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 10/10/2026 at 3:55 AM UTC