FOUR UNIT Property in a Prime Old Town Key West Location with LOTS of OPTIONS!
1104 Truman Avenue is a legal four-unit property with multiple use possibilities. Generous off-street parking; a rare and valuable feature in Old Town, enhances desirability for business and/or residential occupants. Classic Conch-style construction with covered porches adds to the property's island appeal and long-term value.
The property currently consists of one 2BR/1BA unit and three 1BR/1BA units, all licensed rentals.. Flexible layout supports a variety of uses including long-term rentals, monthly vacation rentals, employee housing, or mixed-use potential with possible commercial use on the ground level and residential above. The property also offers the potential to be reimagined as a spacious single-family residence. (Buyer to verify)
This is an extremely well-located property with multiple use possibilities in a high-demand rental market.
For sale
Price cut: $25K (8/11)
$2,320,000
1104 Truman Ave, Key West, FL 33040
5beds
3,136sqft
Multi Family
Built in 1928
-- sqft lot
$2,196,200 Zestimate®
$740/sqft
$-- HOA
What's special
Classic conch-style constructionCovered porchesFlexible layoutGenerous off-street parking
- 98 days |
- 558 |
- 17 |
Zillow last checked:
Listing updated:
Listed by:
Nancy Swift 305-849-2455,
Location 3 Real Estate of KW Inc (KW)
Source: FLKMLS,MLS#: 619927
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air, Wall/Window Unit(s), Ceiling Fans(s)
Appliances
- Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Microwave
Features
- Flooring: Combination
Interior area
- Total structure area: 3,136
- Total interior livable area: 3,136 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Patio & porch: Open Porch/Balcony, Patio
- Fencing: Privacy
Lot
- Size: 5,662 Square Feet
- Dimensions: 55 X 103
Details
- Parcel number: 00032580000000
- Zoning: HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Conch
- Property subtype: Multi Family
Materials
- Frame
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1928
Utilities & green energy
- Utilities for property: Elect Separate Meter
Community & HOA
Community
- Subdivision: Gwynn Sub (1.0)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Key West
Financial & listing details
- Price per square foot: $740/sqft
- Annual tax amount: $13,790
- Date on market: 5/15/2026
- Listing terms: Cash,Conventional
Estimated market value
Zestimate®
$2,196,200
Estimated sales range
$2.09M - $2.31M
Rent Zestimate®
$4,990/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2026 | Price change | $2,320,000-1.1%$740/sqft |
Source: | ||
| 8/5/2026 | Price change | $2,345,000-1.1%$748/sqft |
Source: | ||
| 7/30/2026 | Price change | $2,370,000-1%$756/sqft |
Source: | ||
| 6/29/2026 | Price change | $2,395,000-1%$764/sqft |
Source: | ||
| 6/23/2026 | Price change | $2,420,000-1%$772/sqft |
Source: | ||
| 6/17/2026 | Price change | $2,445,000-1%$780/sqft |
Source: | ||
| 6/9/2026 | Price change | $2,470,000-1%$788/sqft |
Source: | ||
| 5/15/2026 | Listed for sale | $2,495,000$796/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Old Town
Nearby schools
GreatSchools rating
- 3/10Horace O'bryant SchoolGrades: PK-8Distance: 0.4 mi
- 4/10Key West High SchoolGrades: 9-12Distance: 1 mi
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