818 Elizabeth Street, Key West, FL 33040

$3,849,000
Property Type: Commercial Sale Bedrooms: 8 Baths: 8 Square Footage: 3,797 Lot Size (sq. ft.): 8,042 Status: Active
Current Price: $3,849,000 List Date: 2/02/2026 Last Modified: 2/02/2026

Description

Rare Multi-Family Investment Opportunity in Old Town Key West. This unique property is comprised of eight updated one-bedroom, one-bathroom units. 2 buildings situated on a 5,575 SqFt lot. It offers an exceptional opportunity for employers seeking staff housing, investors interested in a 1031 Exchange, or those considering a condo conversion. Please note that advanced notice is required to arrange showings, and not all units may be available for viewing as they are currently rented.

More Information MLS# 618438

Contract Information

Current Price: $3,849,000 Listing Date: 2026-02-02 Listing Board: Key West Association List Price: $3,849,000 Limited Representation: No Potential Short Sale: No Bank Owned: No

Location Tax Legal

Street #: 818 Street Name: Elizabeth Street Suffix: Street 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: Multi-Family Style: Residential Income Lot Size: 51 X 154 Lot SqFt: 8042 Waterfront: No Building SqFt: 3797 Living Apx SqFt: 3797 Year Built: 1928 Total Bedrooms: 8 Full Baths: 8 Total Baths: 8

Status Change Info

Status: Active

License Info

# of City License: 8

Association Info

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

Financial Status

Bank Owned: No Potential Short Sale: No

Property Features

License Info: Non Trans Rntl Lic Type: Apartment 3 or more Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Off Street Parking Cooling: Wall/Window Unit(s) Utilities: FKAA; Municipal Sewer; Separate Meters Appliances: Range; Refrigerator Miscellaneous: Sprinkler System; Other Miscellaneous Construction: ICFs (Insulated Concrete Forms) Floor: Tile Roof: Metal Roof Land Size: Less Than 1/4 Acre Fee Includes: Other
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: February - 02 - 2026
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