928 Truman Avenue, Unit 101

Key West, FL 33040

$1,840,000
Price
8
Beds
5
Baths
1,830 Sq. Ft.
$1,005 / Sq. Ft.
1,830
Sq. Ft.
$1,005
per Sq. Ft.

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...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.
  1. Listed by Allison Findlay • Preferred Properties (KW)

Property Details for 928 Truman Avenue, Unit 101

Waterfront
None
Waterfront
No
Zoning
HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
Subdivision
GG Watson Sub (1.0)
Building Style
Other Bldg Style
Pets
Pets Allowed
LISTING UPDATED: 11/11/2024 09:15 AM

Property Details for 928 Truman Avenue, Unit 101

StatusActive
MLS #611525
Days on Market93
Taxes$9,854 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / Multi-Units
Year Built1959
Lot Size0.09 AC / 3,800 SF
CountyMonroe County

Building Information for 928 Truman Avenue, Unit 101

Stories2Residences5Year Built1959Building Size-Lot Size0.09 AC / 3,800 SF

Property Information for 928 Truman Avenue, Unit 101

Summary
Location and General Information
  • Waterview: No Waterview
  • Area: 02 - Key West
  • Absolute Longitude: 81.793528
  • Control Depth: 0
  • Listing Board: Key West Association
  • Side: Median
  • KW Neighborhood: Old Town-S of Truman
  • Mile Marker: 1.0
  • Marathon Neighborhood: N/A
  • Key/Island: Key West
Owner
  • Owner Name: 928 Truman LLC
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: No
  • Association Info: 1st Right of Refusal: No
  • License Info: # of City License: 5
  • License Info: # of County License: 5
  • Fee Includes: None
  • Furnished: Unfurnished
  • Tax Year: 2023
  • Tax Exemptions: None
Property
Lot Information
  • Lot Size: Buyer to verify
  • Acres: 0.09
  • Land Size: Less Than 1/4 Acre
  • License Info: Non Trans Rntl Lic
Property and Assessments
  • MLS Approved: Y
  • Limited Representation: No
  • SqFt Source: Appraisal
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Rentals Allowed: Yes
  • Deed Restrictions: Unknown
  • Picture Count: 16
  • Document Count: 1
  • Building Style: Above Flood: Yes
  • Security: Other
Utilities
  • Utilities: Buyer to Verify, Elect Separate Meter
  • Pub Sewer HkUp: Yes
  • Pool: No
  • Porch/Balcony: Open Porch/Balcony, Deck
Interior and Exterior Features
Interior Features
  • Floor: Parquet, Concrete, Other, Terrazzo
  • Floor Number: 2.0
  • Appliances: More Appliances, Oven, Refrigerator
Exterior Features
  • Roof: Metal Roof, Combo Roof, Concrete Roof
  • Construction: CBS, Combo Construction, Stucco, Concrete
  • Dockage: None
  • Exterior Features: Shed, Storage
  • Windows/Doors: Double Hung Windows, Impact Rstnce Window, Aluminum Windows
Room Information
  • Specialty Rooms: Workshop

Property History for 928 Truman Avenue, Unit 101

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 928 Truman Avenue, Unit 101

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 2 to 12
Charter - PK to 8
Public - K to 12
Rating
School
Distance
Horace O'bryant School
PublicPK to 8

Monroe Virtual Franchise
Public2 to 12

May Sands Montessori School
CharterPK to 8

Monroe Virtual Instruction Program
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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928 Truman Avenue, Unit 101 is a multi-family home for sale in Key West, FL 33040. This property was listed for sale on September 20, 2024 by Preferred Properties (KW), it's currently listed at $1,840,000. This listing's school district is Monroe. Nearby schools include Horace O'bryant School, Monroe Virtual Franchise and May Sands Montessori School. 928 Truman Avenue, Unit 101 is a 8-bed, 5-bath, 1,830 sqft multi-family home built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Preferred Properties (KW)

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.