THIS IS THE PLAY. Big lot. Big upside. Atlantic Boulevard address. 1503 Atlantic Boulevard brings together the pieces that matter most in Key West: land, location, pool, and multi-unit flexibility.
Atlantic Boulevard has only a handful of true residential opportunities, and this one brings the rare combination of land, pool, and multi-unit upside. Set on an approximately 8,050 square foot lot, this Atlantic-side property offers roughly 2,750 square feet of living area with a flexible multi-unit configuration and a concrete pool anchoring the outdoor space. The existing home would benefit from a major renovation and thoughtful updating for today's standards, creating a compelling opportunity for an investor, owner-user, or buyer with vision. In a market where land is the luxury, the lot itself is a major part of the story. The scale, pool, and layout create the foundation for a refreshed tropical compound, income-producing retreat, or reimagined Key West residence. Located along Atlantic Boulevard, the property is close to beaches, Old Town, Casa Marina, schools, dining, and the everyday ease that makes island living so desirable. Whether held as a long-term income property or transformed into something more polished, 1503 Atlantic Boulevard offers the kind of upside that is increasingly hard to find in Key West.
For sale
Price cut: $130K (10/2)
$1,095,000
1503 Atlantic Blvd, Key West, FL 33040
4beds
2,750sqft
Multi Family
Built in 1968
-- sqft lot
$1,038,300 Zestimate®
$398/sqft
$-- HOA
What's special
Flexible multi-unit configurationBig lot
- 89 days
- 1,063
- 58
Zillow last checked:
Listing updated:
Listed by:
Team Kaufelt 305-393-1267,
Truman & Co. (KW)
Source: FLKMLS,MLS#: 620612
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Cooling
- Central Air, Ceiling Fans(s)
Appliances
- Included: Dryer, Dishwasher, Refrigerator, Oven, Freezer
Features
- Flooring: Combination
Interior area
- Total structure area: 2,750
- Total interior livable area: 2,750 sqft
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Patio & porch: Open Porch/Balcony
- Has private pool: Yes
- Pool features: In Ground
Lot
- Size: 7,840 Square Feet
- Dimensions: 70 X 115
Details
- Parcel number: 00061510000000
- Zoning: SF - Single Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
Condition
- Year built: 1968
Community & HOA
Community
- Security: No Security
- Subdivision: Kamien Plat #2 (2.0)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Key West
Financial & listing details
- Price per square foot: $398/sqft
- Tax assessed value: $1,164,560
- Annual tax amount: $10,516
- Date on market: 7/13/2026
Estimated market value
$1,038,300
$986,000 - $1.09M
$4,479/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2026 | Price change | $1,095,000-10.6%$398/sqft |
Source: | ||
| 8/17/2026 | Price change | $1,225,000-9.3%$445/sqft |
Source: | ||
| 7/13/2026 | Listed for sale | $1,350,000$491/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,516 +4.7% | $1,021,477 +10% |
| 2024 | $10,047 +7.2% | $928,615 +10% |
| 2023 | $9,369 +14.5% | $844,195 +10% |
| 2022 | $8,182 +10.7% | $767,450 +10% |
| 2021 | $7,393 +3% | $697,682 +3% |
| 2020 | $7,181 | $677,341 +2% |
| 2019 | $7,181 +1% | $664,196 -2.6% |
| 2018 | $7,110 -3.6% | $681,731 -0.4% |
| 2017 | $7,373 0% | $684,753 +54.1% |
| 2016 | $7,374 +49.5% | $444,222 -0.9% |
| 2015 | $4,932 | $448,227 |
Find assessor info on the county website
Monthly payment
Est. payment





