1104 Truman Avenue, Key West, FL 33040
$2,470,000
Property Type:
Residential
Bedrooms:
5
Baths:
4
Square Footage:
3,136
Lot Size (sq. ft.):
5,717
Status:
Active
Current Price:
$2,470,000
List Date:
5/15/2026
Last Modified:
6/09/2026
Description
FOUR UNIT Property in a Prime Old Town Key West Location with LOTS of OPTIONS!
1104 Truman Avenue is a legal four-unit property with multiple use possibilities. Generous off-street parking; a rare and valuable feature in Old Town, enhances desirability for business and/or residential occupants. Classic Conch-style construction with covered porches adds to the property's island appeal and long-term value.
The property currently consists of one 2BR/1BA unit and three 1BR/1BA units, all licensed rentals.. Flexible layout supports a variety of uses including long-term rentals, monthly vacation rentals, employee housing, or mixed-use potential with possible commercial use on the ground level and residential above. The property also offers the potential to be reimagined as a spacious single-family residence. (Buyer to verify)
This is an extremely well-located property with multiple use possibilities in a high-demand rental market.
More Information MLS# 619927
Contract Information
Current Price: $2,470,000
Listing Date: 2026-05-14
Listing Board: Key West Association
List Price: $2,470,000
As is Rght to Inspct: Yes
Location Tax Legal
Street #: 1104
Street Name: Truman
Street Suffix: Avenue
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Gwynn Sub (1.0)
Area: 02 - Key West
General Property Description
Realtor.COM Type: Multi-family
Style: Multi-Units
Waterfront: No
Pool: No
Year Built: 1928
Total Units: 4
Lot Size: 55 X 103
Lot SqFt: 5717
Lot Sqft Source: Property Data Card
Acres: 0.13
Living Apx SqFt: 3136
SqFt Source: Property Data Card
Total Bedrooms: 5
Full Baths: 4
Total Baths: 4
Rentals Allowed: Yes
Min Rental Days: 28
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
# of City License: 4
Building Style
Above Flood: Yes
Stories: 2 Stories
Vehicle Storage
Car(s): 4+
Property Features
Fee Includes: None
Tax Exemptions: None
License Info: Non Trans Rntl Lic
Waterfront: None
Waterview: No Waterview
Dockage: None
Property Condition: Updated/Remodeled
Building Style: Conch
Vehicle Storage: Garage; Detached; Off Street Parking
Furnished: Unfurnished
Cooling: Ceiling Fans(s); Central Air; Wall/Window Unit(s)
Heating: Varies by Unit
Utilities: Elect Separate Meter; FKAA
Interior Features: Smoke Alarms
Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer
Exterior Features: Privacy Wall/Fence
Construction: Frame
Shutters: Other
Floor: Combo
Roof: Metal Roof
Pets: Pets Allowed
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional
Title: Negotiable
Listing Office: Location 3 Real Estate of KW Inc (KW)
Last Updated: June - 09 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.
