$1,840,000
For Sale

928 Truman Avenue #101

Key West, FL 33040
8 beds | 5.00 baths | #611525
Browse 16 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Prime Old Town Multi-Use PropertyThis unique property on Truman Ave features five legal long-term rental apartments, ideal for steady income or employee housing. Unit 101, a CBS building, may be converted for commercial use (buyer to verify), provided the residential units remain onsite, offering valuable flexibility in Key West's transient receivership zone.With eight bedrooms, five bathrooms, and a current monthly rental income of $11,650, this property combines income-producing apartments with potential commercial space in a prime Key West location and X flood zone. An excellent investment opportunity in the heart of Old Town.

  • Property Details
      • SubdivisionGG Watson Sub (1.0)
      • Property TypePurchase
      • Cost1840000
      • MLS #611525
      • MLS #611525
      • Bathrooms5.00
      • Year Built1959
      • Bedrooms8
      • Property SubtypeA

Location

Paul TejeraReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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