1028-1030 Truman Avenue , KEY WEST, FL 33040
KEY WEST, FL 33040
Description
Prime Mixed-Use Investment Opportunity in Key West! Built in 2021 to current building codes, this exceptional four-unit commercial and residential compound is a rare find in the heart of Key West. A perfect 1031 Exchange candidate, this versatile property includes two licensed townhouse residences and two licensed commercial units, offering excellent income potential and flexibility. The commercial building, positioned street-side, is a two-story frame structure with high visibility on Truman Avenue. The ground floor offers approximately 1,112 square feet of open commercial space, while the second floor spans approximately 800 square feet and features a 30-foot-wide balcony overlooking Truman Avenue. An ADA-compliant elevator provides easy access to the second floor. Both levels include fully ADA-compliant restrooms, nine-foot-high ceilings, recessed lighting, ceiling fans, central air conditioning, washer and dryer hookups, and are pre-wired and plumbed for refrigerators and sinks. At the rear of the property, the residential portion consists of a two-story, common-wall duplex, with each unit offering approximately 1,015 square feet of living space. Designed for comfort and style, each unit features two bedrooms and two and a half bathrooms, vaulted ceilings in the upstairs bedrooms, spacious island kitchens, tile flooring, and private shaded rear decks. The property is thoughtfully designed with a beautifully landscaped common courtyard that separates the commercial and residential buildings, enhancing privacy and curb appeal. This turnkey mixed-use property presents a rare opportunity to own a high-quality, income-producing asset in one of Key West's most desirable locations. Don't miss out on this exceptional investment! *Note: 3D Tour is only of the 2 residential units.*
Details
| MLS# | 613823 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 2021 |
| Days On Site | 28 |
| Listing Provided By | Truman & Co. (KW) | Team Spottswood/Vazquez |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 8 Total |
| SQ Feet | 4,013 |
| Units | 4 |
| Zoning | HNC(1-3) - Hist Nghborhd Comml 1 |
| Acreage | 0.11 |
| Water Front | None |
| Property View | No Waterview |
Market Activity 33040
The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Coldwell Banker Schmitt are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.
Request a showing
Request a showing
Contact
Learn More About This Property
| State | FL |
|---|---|
| County | Monroe |
| City | KEY WEST |
| Zip Code | 33040 |
| Area | 02 Key West |
| Community Name | Gwynn Sub (1.0) |
| Listing VS Median (In Gwynn Sub (1.0)) | |
Price: $2,995,000 low | high Med: $1,592,500 SqFt: 4,013 low | high Med: 1,373 $ / SqFt: $746 low | high Med: $1,170 On site: 28 low | high Med: 81.000000 | |