928 Truman Avenue, Key West, FL 33040

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For Sale

$3,800,000

928 Truman Avenue
Key West, FL 33040

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8 br

5.5 ba

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Attention investors! This is an exceptional opportunity to solve your employee housing needs or make a profitable investment in Key West. We are offering a commercial space on Truman Ave with great visibility and more than 8 parking spaces, along with a 5-unit multi-family property spread across three buildings. Two of the buildings are CBS structures located on Truman Ave.This property is situated in the conditional transient receiver zone and X flood zone (no flood zone), making it an enticing investment option. The possibilities for this property are endless, such as converting the commercial space into residential units, transferring a transient license (buyer to verify), or starting a new business. The potential uses for this property are limitless.Don't miss out on this one-of-a-kind investment opportunity in a prime Key West location. Electric Meters Total - 6Water Meters Total - 5 Read More

Market Status: Available
Last Updated: May 27, 2023
Property Type: Commercial Property
Architecture: Waterfront
Year Built: 1959
Bedrooms: 8 BR
Baths: 5 full BA; 1 ½BA

Exterior Construction: Comb
Parking: 0 spaces
Taxes: 15875 (2021)
Property Type: Commercial; Apartment 3 or more,Other Services
Waterfront: -
Additional Areas: Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Half Bath
Water View: -

Local Market Conditions

There are currently 8 properties for sale in the Key West, FL area with the average listing price of $5,274,050. This represents an increase of +124.1% over the previous week. The 4 bedroom homes saw the largest increase in the average listing price over the previous week with a +20.4% increase. To learn more about the Key West, FL area, contact a local expert!

Market Snapshot for Key West, FL

Avg. Listing Price

$5,274,050

$+2,920,735

+124.1%

Homes For Sale

1947

Waterfront

748

Commercial

220

Condos

143

Land

Multi-family

Average Listing Price for Key West, FL
No. BedroomsNo. Beds	Week Ending (Jun 3)	w-o-w	Week Ending (May 27)	Week Ending (May 20)	Week Ending (May 13)
All PropertiesAll	$5,274,050	+124.1%	$2,353,315	$2,391,101	$2,235,705
1 bedroom1 BR	-	+0.0%	$512,000	$518,500	$521,450
2 bedrooms2 BR	-	+0.0%	$1,345,270	$1,289,500	$1,266,257
3 bedrooms3 BR	$1,499,000	-31.7%	$2,196,179	$2,205,551	$2,230,948
4 bedrooms4 BR	$3,281,333	+20.4%	$2,724,991	$2,659,817	$2,469,600

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Listing Provided By:

Allison Findlay

Preferred Properties-Key West

This $3,800,000 Commercial Property at 928 Truman Avenue in Key West, FL is offered by Allison Findlay. This $3,800,000 Commercial Property, located in the 33040 zip code, has the following property features: Parking, Property Type, Additional Areas, Exterior Construction. This 928 Truman Avenue Commercial Property is listed under MLS listing number 602468, has 8 beds, 6 baths, and has a listing price of $3,800,000. You can find more Key West homes for sale here.

Copyright © 2023 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

More Information for this listing

$3,800,000

928 Truman Avenue
Key West, FL 33040

928 Truman Avenue
Key West, FL 33040

Local Market Conditions

Market Snapshot for Key West, FL

Single Family Homes for Sale

Waterfront Properties for Sale

Land for Sale

New Construction Homes for Sale

Homes for Rent

About Homes and Land

$3,800,000 928 Truman Avenue Key West, FL 33040

928 Truman Avenue Key West, FL 33040

Local Market Conditions

Market Snapshot for Key West, FL

Single Family Homes for Sale

Waterfront Properties for Sale

Land for Sale

New Construction Homes for Sale

Homes for Rent

About Homes and Land

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$3,800,000

928 Truman Avenue
Key West, FL 33040

928 Truman Avenue
Key West, FL 33040