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For sale
  • Price cut: $145K (5/5)
    $3,750,000

    919-921 Thomas St, Key West, FL 33040

    7beds
    3,015sqft
    : 
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    Multi Family
    Built in 1938
    -- sqft lot
    $-- Zestimate®
    $1,244/sqft
    $-- HOA

    What's special

    Hot tubHigh ceilingsPlenty of parking spacesOutdoor shower
    Charming Multifamily Compound in Historic Key West, Florida. Discover the allure of old historic Key West with this exceptional multifamily compound, perfectly situated in a vibrant neighborhood. This property offers a unique blend of charm and modern comfort, making it an ideal investment or family retreat. The compound consists of 4 units, each exuding the distinctive character of Key West architecture, featuring high ceilings, large windows that invite natural light. The main house has its own private heated pool, hot tub and outdoor shower perfect for relaxation and entertainment. The main house also has 2 guest cottages off the pool. The next building has an upstairs unit with 2 bedrooms and a bath with it's own private deck. Below is a one bedroom one bath unit and up front is the 3rd unit with one bedroom and one bath. Benefit from plenty of parking spaces, accommodating residents and guests with ease a rare find in this bustling area. Nestled in one of Key West's most historic districts, this property is just minutes away from famous landmarks, restaurants, and local shops. Take advantage of nearby beaches, water sports, and lush parks, offering a vibrant lifestyle for outdoor enthusiasts. This multifamily compound not only serves as a wonderful family home but also presents a lucrative rental opportunity in one of the most sought-after destinations in Florida. Don't miss your chance to own a piece of Key West history. Schedule a viewing today. Owner financing is available.
    244 days
    |
    359
    |
    25
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Rick L Lively 305-797-7233,

    Coldwell Banker Schmitt Real Estate Co. (KW)

    Source: FLKMLS,MLS#: 617140MLS LogoOriginating MLS: Marathon/Lower Keys

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 8
      • Full bathrooms: 7
      • 1/2 bathrooms: 1
      Cooling
      • Central Air, Ductless, Ceiling Fans(s), Wall/Window Unit(s)
      Appliances
      • Included: More Appliances, Ice Machine, Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer, Washer
      Features
      • Built-in Cabinets, Bar, Granite Counters, Other Specialty Room
      • Flooring: Tile, Combination
      • Doors: French Doors
      • Windows: Double Hung Windows
      Interior area
      • Total interior livable area: 3,015 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Carport, Covered, Off Street, Guest
      • Has carport: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Open Porch/Balcony, Deck, Patio
      • Exterior features: Bar, Sprinkler System, Outdoor Shower, Lighting
      • Has private pool: Yes
      • Pool features: Heated, In Ground, Concrete
      • Has spa: Yes
      • Spa features: Private
      • Water view: None
      • Waterfront features: None, Dockage: None
      Lot
      • Size: 6,233 Square Feet
      • Features: Less Than 1/4 Acre
      Details
      • Additional structures: Detached Guest Qtrs
      • Zoning: HMDR
      • Zoning description: Historic Medium Density Residential

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Frame
      • Roof: Metal
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1938

      Utilities & green energy

      • Electric: Elect Separate Meter
      • Sewer: Municipal Sewer, Public Sewer
      • Utilities for property: FKAA

      Community & HOA

      Community
      • Security: Electric Gate
      • Subdivision: Old Town - Unlisted (1.0)
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Key West

      Financial & listing details

      • Price per square foot: $1,244/sqft
      • Annual tax amount: $15,579
      • Date on market: 11/1/2025
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/5/2026Price change$3,750,000-3.7%$1,244/sqft
        Source: FLKMLS #617140 Report a problem
        2/16/2026Price change$3,895,000-2.5%$1,292/sqft
        Source: Key West AOR #617140 Report a problem
        11/1/2025Listed for sale$3,995,000$1,325/sqft
        Source: FLKMLS #617140 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Bahama Village

        Getting around

        95 / 100
        Walker's Paradise
        28 / 100
        Some Transit
        81 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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