928 Truman Ave - Apartments FOR SALE


Key West, FL 33040
$1,840,000 USD
305-395-0615
928 Truman Ave, Key West, FL for Sale
$1,840,000 USD
Apartments - FOR SALE
1/15
null | 7.6% Cap Rate

928 Truman Ave
Key West, FL 33040


HIGHLIGHTS

  • Prime Old Town Key West Multi-Family
  • 2 Structures 5 units
  • Fully Fenced

OVERVIEW

*Prime Old Town Multi-Use Property* This versatile property features five legal long-term apartments, perfect for employee housing or generating steady rental income. The CBS building, Unit 101, may be converted to commercial use, provided the five residential units remain on-site. Located within a transient receivership zone (buyer to verify), the property offers significant flexibility for both commercial and residential purposes. With its prime location and a mix of income-producing apartments and potential office space, this property presents an excellent investment opportunity in the heart of Key West. Monthly income ($11,650)

FOR SALE DETAILS

PRICE

$1,840,000 USD

PRICE/SF

$484 USD /SF

# OF UNITS

5

PRICE/UNIT

$368,000

CAP RATE

7.6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

928 Truman LLC

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

HNC (1-3)

APN/PARCEL ID

00031070-000000,00031070-000100

ASK ABOUT THIS PROPERTY

Allison FindlayPreferred Properties Key WestMore Info
305-395-0615

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Allison FindlayPreferred Properties Key WestMore Info
305-395-0615

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.