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    Key West, FL Apartment Buildings for Sale

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    Stock Island, FL Sugarloaf Key, FL Cudjoe Key, FL
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    Six-Unit Multifamily Property
    Updated: May 29
    Six-Unit Multifamily Property

    912 Pohalski Street, Key West, FL 33040

    $2,250,000
    3,876 sqft 0.08 AC lot
    Six legal apartments: 3 one‑bedroom/one‑bath, 2 two‑bedroom/one‑bath, and 1 three‑bedroom/one‑bath
    Total of 10 bedrooms and 6 bathrooms across 3,876 SF, two‑story CBS & frame building (built in 1988)
    Each unit has separate electric and water meters
    Gross rents total $14,500 per month; limited expenses noted in remarks
    3,598 SF lot with access from Pohalski St. to Havana Lane and 6 off‑street parking spaces
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    Six-Unit Multifamily Building
    Updated: May 31
    Six-Unit Multifamily Building

    912 Pohalski Street, Key West, FL 33040

    $2,250,000
    3,876 sqft 0.08 AC lot
    Six legal apartments (10 bedrooms, 6 baths) in a two‑story CBS & frame building
    3,876 SF building on a 3,598 SF lot running from Pohalski St. to Havana Lane for tenant access
    Unit mix: three 1BD/1BA, two 2BD/1BA, and one 3BD/1BA
    Gross rents total $14,500 per month; each apartment has separate electric and water meters
    Off‑street parking for 6 vehicles
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    Key West Multifamily Investment Opportunity
    Key West Multifamily Investment Opportunity

    818 Elizabeth Street, Key West, FL 33040

    $3,799,000
    3,797 sqft 0.18 AC lot

    Eight updated units on a 5,575 SqFt lot in Key West.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Apartment Building with Off-Street Parking
    Apartment Building with Off-Street Parking

    912 Pohalski Street, Key West, FL 33040

    $2,250,000
    3,876 sqft

    Six-unit apartment building with off-street parking and separate electric and water meters for each apartment.

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    Key West Multifamily Investment Opportunity
    Key West Multifamily Investment Opportunity

    818 Elizabeth Street, Key West, FL 33040

    $4,794,000
    5,317 sqft 0.18 AC lot

    Nine-unit multifamily property in Old Town Key West for sale.

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    Key West Multifamily Investment Opportunity
    Key West Multifamily Investment Opportunity

    909 Grinnell Street, Key West, FL 33040

    $1,899,000
    2,790 sqft 0.07 AC lot

    Seven-unit multifamily property in Key West's Old Town.

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    Seven Units in Old Town
    Seven Units in Old Town

    909 Grinnell Street, Key West, FL 33040

    $1,899,000
    2,790 sqft 0.07 AC lot

    Seven-unit multifamily property in Key West's Old Town.

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    Old Town Multifamily Investment
    Old Town Multifamily Investment

    909 Grinnell Street, Key West, FL 33040

    $1,899,000

    Seven market-rate units in the X-Flood Zone offer separate exterior entrances and ongoing renovations in Old Town Key West.

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    Turnkey Restaurant and Bar with Outdoor Bars
    Turnkey Restaurant and Bar with Outdoor Bars

    4 and 6 Charles Street, Key West, FL 33040

    Contact for pricing
    3,648 sqft 0.08 AC lot

    Turnkey restaurant and bar with outdoor bars, music stage, and fully equipped kitchen, plus income from apartments and a sublease.

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    Two-Building Apartment Income Property
    Two-Building Apartment Income Property

    818 Elizabeth Street, Key West, FL 33040

    $3,799,000

    Two-building multifamily asset with eight updated one-bedroom, one-bath units suited for staff housing or rental ownership.

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    Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 10 Active listings in Key West, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Five-Plex Lease-Up Ready
    Turnkey Five-Plex Lease-Up Ready

    1515 N Redland Rd, Florida City, FL 33034

    $1,500,000
    0.21 AC lot

    Newly built five-unit property offering all 3-bedroom, 2-bath layouts for residential income use.

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    Waterfront Mixed-Use Redevelopment Site
    Waterfront Mixed-Use Redevelopment Site

    14 125Th Street Gulf, Marathon, FL 33050

    $3,549,000
    6,128 sqft 1.57 AC lot

    Approved deep-water dockage and 200' highway frontage with a recertified two-story CBS building and outdoor porches.

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    New Construction Five-Plex in Homestead
    New Construction Five-Plex in Homestead

    1515 N Redland Rd, Florida City, FL 33034

    $1,500,000

    New construction five-unit multifamily property, ready for lease-up.

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    Waterfront Development Site with Dockage
    Waterfront Development Site with Dockage

    14 125Th Street Gulf, Marathon, FL 33050

    $3,549,000
    1.72 AC lot

    Waterfront site with deep-water dockage approval and an existing recertified two-story CBS building.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Waterfront Lot in Treasure Island
    Waterfront Lot in Treasure Island

    141 104TH AVENUE, Treasure Island, FL 33706

    $2,225,000
    0.34 AC lot

    Waterfront lot zoned for multifamily residential use in Treasure Island.

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    Ocean Springs Highway 90 Land
    Ocean Springs Highway 90 Land

    Bienville Blvd, Ocean Springs, MS 39564

    $675,000
    143,748 sqft 3.30 AC lot

    3.3 acre commercial land on Highway 90, Ocean Springs.

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    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $699,900
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details

    Off-Market Properties in Key West, FL

    Consider similar Off-Market properties in Key West, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    928 Truman Ave 101 Ky
    Individual retail properties

    928 Truman Ave 101 Ky, Key West, FL 33040

    Value Estimation by Request
    2,684 sqft
    View details
    928 Truman Ave
    Multifamily properties

    928 Truman Ave, Key West, FL 33040

    Value Estimation by Request
    2,684 sqft
    View details

    Key West, FL Apartment Buildings Market Trends and Statistics

    Explore 12 apartment buildings for sale in Key West, FL, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 26,322 square feet of properties for sale, with an estimated market value of $19,141,000.

    Sale prices for two-family homes in Key West, FL start at $1,899,000, averaging $2,734,428, and reaching up to $4,794,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 36K
    Population Growth (5Y) +3.8%
    Median Household Income $79,038
    College Educated 17.6%

    High-Yield Neighborhoods for Investment

    Identify Key West submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    33040 $2.9M

    Taxes & Financing

    Tax Rate (average for all types) 0.71%
    Property Tax per SF $10.90 per SF
    Tax Rate vs County Average 0.03 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Monroe County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Monroe County

    Retail

    Residential Income

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