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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
    8 properties
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    8-Unit Apartment Property
    Updated: Feb 2
    8-Unit Apartment Property

    818 Elizabeth Street, Key West, FL 33040

    $3,650,000
    3,797 sqft 0.13 AC lot
    Eight updated one‑bedroom, one‑bathroom apartments across two buildings
    3,797 square feet of building area on a 5,575‑square‑foot lot (0.13 acres)
    Built in 1928 with insulated concrete form construction
    Tile flooring, window or wall/window cooling, and a metal roof
    Refrigerators and ranges; off‑street parking
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    Six-Unit Apartment Building
    Updated: May 31
    Six-Unit Apartment Building

    912 Pohalski Street, Key West, FL 33040

    $2,250,000
    3,876 sqft 0.08 AC lot
    Six legal apartments with a mix of three 1bd/1ba, two 2bd/1ba, and one 3bd/1ba units
    3,876 square feet in a two‑story CBS and Frame building constructed in 1988
    10 bedrooms and 6 baths across the apartment property
    Six off‑street parking spaces on a 3,598 square foot lot
    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

    $4,549,000
    5,317 sqft 0.18 AC lot

    Three buildings offer updated apartment layouts, with off-street parking for residents.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    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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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    912 Pohalski Street, Key West, FL 33040

    $2,250,000
    3,876 sqft 0.08 AC lot

    Two-story multifamily property with individually metered apartments and dedicated off-street parking.

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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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    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

    $3,650,000

    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 14 Potential Opportunities for your consideration. Besides 8 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.

    10-Unit Deed-Restricted Apartments
    10-Unit Deed-Restricted Apartments

    10-2401 Overseas Hwy, Marathon, FL 33050

    $1,999,995
    6,511 sqft

    Three buildings combine efficiency units with a separate one-bedroom residence, shared outdoor space, and on-site laundry.

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    10-Unit Affordable Apartment Property
    10-Unit Affordable Apartment Property

    2401 Overseas Highway #10, Marathon, FL 33050

    $1,999,995
    2,115 sqft

    Three residential buildings offer a mix of efficiency and one-bedroom homes, with shared laundry and off-street parking.

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    32-Unit Apartment Portfolio
    32-Unit Apartment Portfolio

    320 SW 11 AVE, Homestead, FL 33030

    Contact for pricing
    16,992 sqft 1.18 AC lot

    Six-building multifamily portfolio with one- and two-bedroom apartments in Homestead, Florida.

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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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    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

    Estimated value: by Request
    2,684 sqft
    View details
    928 Truman Ave
    Multifamily properties

    928 Truman Ave, Key West, FL 33040

    Estimated value: by Request
    2,684 sqft
    View details

    Key West, FL Apartment Buildings Market Trends and Statistics

    Explore 10 apartment buildings for sale in Key West, FL, showcased through 8 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 $22,397,000.

    Sale prices for apartment complexes in Key West, FL start at $1,899,000, averaging $2,799,625, and reaching up to $4,549,000 — 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)

    Average Property Price per SF

    For-sale Residential Income pricing trends in Monroe County

    Residential Income

    How Realmo verifies these figures

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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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