$3,650,000
Key West, FL 33040
MLS# 618438
8 beds | 8 baths | 3797 sqft
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Property Description
Rare Multi-Family Investment Opportunity in Old Town Key West. This unique property is comprised of eight updated one-bedroom, one-bathroom units. 2 buildings situated on a 5,575 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.
Details
Maps
Contract Information
Current Price: $3,650,000
Listing Date: 2026-02-02
Listing Board: Key West Association
Monthly Rent: $3,650,000
Limited Representation: No
Potential Short Sale: No
Bank Owned: No
Location, Tax & Legal
Street #: 818
Street Name: Elizabeth
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: Old Town - Unlisted (1.0)
County: Monroe
Area: 02 - Key West
General Property Description
Realtor.COM Type: Multi-Family
Style: Residential Income
Lot Size: 51 X 154
Lot SqFt: 5575
Waterfront: No
Building SqFt: 3797
Living Apx SqFt: 3797
Total Units: 8
Year Built: 1928
Total Bedrooms: 8
Full Baths: 8
Total Baths: 8
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
# of City License: 8
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Status: Active
Property Features
License Info: Non Trans Rntl Lic
Type: Apartment 3 or more
Waterfront: None
Waterview: No Waterview
Dockage: None
Vehicle Storage: Off Street Parking
Cooling: Wall/Window Unit(s)
Utilities: FKAA; Municipal Sewer; Separate Meters
Appliances: Range; Refrigerator
Miscellaneous: Sprinkler System; Other Miscellaneous
Construction: ICFs (Insulated Concrete Forms)
Floor: Tile
Roof: Metal Roof
Land Size: Less Than 1/4 Acre
Fee Includes: Other
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: October - 08 - 2026
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