About 928 Truman Avenue 101
Old Town Multi-Use PropertyLocated on Truman Avenue, this distinctive property features five legal long-term rental apartments, making it ideal for steady income or employee housing.Unit 101, a CBS building, offers the potential for commercial conversion (buyer to verify), provided the residential units remain onsite, creating valuable flexibility.Highlights include:8 bedrooms and 5 bathrooms$11,650 monthly rental incomeLocated in an X flood zoneThis property presents a unique opportunity to combine income-generating apartments with potential commercial space, all in a prime Old Town location. A investment opportunity in the heart of Key West.
Features of 928 Truman Avenue 101
| MLS® # | 613024 |
|---|---|
| Price | $1,700,000 |
| Bedrooms | 8 |
| Bathrooms | 5.00 |
| Full Baths | 5 |
| Square Footage | 1,830 |
| Acres | 0.09 |
| Year Built | 1959 |
| Type | Residential |
| Sub-Type | Multi-Units |
| Style | Other Bldg Style |
| Status | Active |
Community Information
| Address | 928 Truman Avenue 101 |
|---|---|
| Area | 02 - Key West |
| Subdivision | GG Watson Sub (1.0) |
| City | KEY WEST |
| County | Monroe |
| State | FL |
| Zip Code | 33040 |
Amenities
| Utilities | Buyer to Verify, Elect Separate Meter |
|---|---|
| View | No Waterview |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Appliances | More Appliances, Oven, Refrigerator |
|---|---|
| Cooling | Central Air, Ductless, Ceiling Fans(s), Wall/Window Unit(s) |
| Fireplace | No |
| Stories | 2 Stories |
Exterior
| Exterior Features | Shed, Storage |
|---|---|
| Lot Description | Less Than 1/4 Acre |
| Windows | Double Hung Windows, Impact Rstnce Window, Aluminum Windows |
| Roof | Metal Roof, Combo Roof, Concrete Roof |
| Construction | CBS, Combo Construction, Stucco, Concrete |
Additional Information
| Date Listed | January 8th, 2025 |
|---|---|
| Days on Market | 78 |
| Zoning | HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 0.00 |
Listing Details
| Agent | Allison Findlay |
|---|---|
| Office | Preferred Properties (KW) |