Remarks

This 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.

Details

MLS#: 611524
Price: $1,840,000

Style: Apartment 3 or more,Other Services,Franchise,Retail,Other Comrcl Style,Office Buildings
Bedrooms: 8
Baths Full: 5
Baths Half: 0
Year Built: 1959

County: Monroe
Subdivision: GG Watson Sub (1.0)
Lot Size: Buyer to verify
Tax Fee: 9854.00