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    Key West, FL Apartment Buildings for Sale

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    Stock Island, FL Summerland Key, FL Big Pine Key, FL Cudjoe Key, FL
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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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    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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    Eight-Unit Apartment Property
    Eight-Unit Apartment Property

    818 Elizabeth Street, Key West, FL 33040

    $3,750,000
    3,797 sqft 0.18 AC lot

    Two-building residential asset with one-bedroom, one-bath units and off-street parking.

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    See what stands out in Monroe County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
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    Local Demand available after sign in
    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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    9-Unit Apartment Property
    9-Unit Apartment Property

    818 Elizabeth Street, Key West, FL 33040

    $4,699,000
    5,317 sqft 0.18 AC lot

    Three-building multifamily property with off-street parking and a mix of wall and window cooling units.

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    Apartment Building with Separate Entrances
    Apartment Building with Separate Entrances

    909 Grinnell Street, Key West, FL 33040

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

    Multifamily property with central air, CBS construction, and renovations underway in Old Town Key West.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Apartment Building with Separate Entrances
    Apartment Building with Separate Entrances

    909 Grinnell Street, Key West, FL 33040

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

    CBS construction, individual exterior access, and window-unit cooling support a flexible multifamily configuration.

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

    818 Elizabeth Street, Key West, FL 33040

    $3,750,000

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

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    6-Unit Multifamily Property
    6-Unit Multifamily Property

    1221 Packer Street, 1-5 & # 1220 Grinnell St, Key West, FL 33040

    Contact for pricing

    Six units are split across three buildings, with individual legal descriptions and shared common laundry facilities.

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    Five-Unit Apartment Property
    Five-Unit Apartment Property

    1221 Packer Street, 1-5, Key West, FL 33040

    Contact for pricing

    Fenced apartment property in Old Town Key West with private porches and shared laundry facilities.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    721 South St, Key West, FL 33040

    Contact for pricing

    Tenant-occupied residences include a mix of one-bedroom and two-bedroom apartments.

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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 11 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

    Opportunities in Nearby Cities

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

    Bulk Condominium Townhome Offering
    Bulk Condominium Townhome Offering

    1925 E Palm Dr, Homestead, FL 33035

    $2,200,000

    Twelve-unit bulk condominium offering with modernized townhome-style layouts in secured, amenity-rich gated communities.

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    Fully Renovated Mixed-Use Property
    Fully Renovated Mixed-Use Property

    91865 Overseas Highway, Key Largo, FL 33070

    $6,495,000

    Renovated mixed-use income property with 10 residential units and 5 established commercial tenants.

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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    1515 N Redland Rd, Homestead, FL 33034

    $1,500,000

    New construction with a consistent three-bedroom, two-bathroom unit mix and lease-up positioning.

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    5-Unit Apartment Building
    5-Unit Apartment Building

    7 Sunset Rd, Key Largo, FL 33037

    Contact for pricing

    Fully occupied multifamily property in a quiet residential setting near the beach.

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    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 13 apartment buildings for sale in Key West, FL, showcased through 11 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 $22,747,000.

    Sale prices for two-family homes in Key West, FL start at $1,899,000, averaging $2,843,375, and reaching up to $4,699,000 — 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 $2.8M

    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)

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    Browse Apartment buildings for Sale Near Key West, FL

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    Most Searched ZIP Codes in Key West, FL

    • 33040

    Featured Key West Real Estate Agencies

    Realmo connects you with licensed Key West CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Berkshire Hathaway Keys Real Estate | Knight & Gardner Realty
    336 Duval St Key West, FL 33040
    Phone: 13052945155
    www.keysrealestate.com
    Truman & Co. Real Estate Services
    1205 Truman Avenue Key West, FL 33040
    Phone: 13052922244
    www.trumanandcompany.com

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