1000 Truman Avenue, Key West, FL 33040

$2,999,000
Property Type: Commercial Sale Baths: 2 Square Footage: 2,396 Lot Size (sq. ft.): 11,837 Status: Active
Current Price: $2,999,000 List Date: 12/05/2025 Last Modified: 1/07/2026

Description

Real Estate offering only, business and liquor license not included. Prime corner location with great visibility on Truman Ave. HNC -1 Zoning allows many Commercial Uses including Transient Residential, Hotels, Multi Family Residential, Single Family Residential, Business & Professional Offices, Parking Lots, Medical Services, Food Trucks and more. Restaurants are a Conditional use. There are Two parcels of real estate, 1000 and 1006 Truman Ave. total of 104.75' on Truman Ave and 113' Deep. 2025 County Appraised Values of the two real estate parcels is over $2.7 Million! The existing corner CBS building is 2,396 sf. with indoor bar, men's and women's restrooms, office & storage, plus drive through liquor store. The existing drive through may be grandfathered for another potential use. The current Bar business may also be considered grandfathered. Several major repairs include new AC unit, new Bar, all new water lines and plumbing upgrades. New roof to the corner building in 2022. There is an additional 1,588 sf. of covered outdoor Bar with outdoor entertainment area. Same absentee owners since 1998 and first time listed for sale without the business or liquor license.

More Information MLS# 617611

Contract Information

Current Price: $2,999,000 Listing Date: 2025-12-05 Listing Board: Key West Association List Price: $2,999,000 Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: No

Location Tax Legal

Street #: 1000 Street Name: Truman Street Suffix: Avenue Key/Island: Key West State/Province: FL Zip Code: 33040 Subdivision: Old Town - Unlisted (1.0) County: Monroe Area: 02 - Key West

General Property Description

Realtor.COM Type: Commercial Style: Commercial Lot Size: 104.75 x 113 Lot SqFt: 11836.75 Waterfront: No Business Name: NA # Parking Spaces: several Off Street Parking: yes # Stories: 1 Total # Buildings: 2 Building SqFt: 2396 SqFt Source: Property Data Card Living Apx SqFt: 2396 Total Units: 2 Year Built: 1944 Half Baths: 2 Total Baths: 2

Status Change Info

Status: Active

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

Auction Info

Auction: No

Financial Status

Bank Owned: No Potential Short Sale: No

Property Features

Type: Apartment 3 or more; Hotel/Motel; Office Buildings; Restaurant; Retail; Shop/Strip Center Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Off Street Parking Utilities: FKAA; Municipal Sewer Appliances: No Appliances Miscellaneous: High Traffc Location; High Visibility Construction: CBS; Frame Floor: Other Roof: Other Roof Land Size: 1/4 - 1/2 Acre Fee Includes: None Terms: Buyer Obtain Finance; No Seller Finance Title: Negotiable Property Rights: Other/See Remarks
Listing Office: RE/MAX Keys Connection (KW)
Last Updated: January - 07 - 2026
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