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    1012 Truman Ave Key West, FL 33040

    For Sale
    $486,500

    Office Buildings,Other Services,Light Manufacturing,Retail,Professional Service

    Days on Market:
    12
    Last Refresh:
    Dec 11 at 10:06 am

    Property Features for 1012 Truman Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    00031231-000600
    Interior features
    Smoke Alarms, Laundry Room
    Appliances
    Dryer, None

    Utilities

    Cooling system
    Ceiling Fan(s)

    Building Details

    Year built
    1923
    Flooring type
    Laminate, Tile
    Building materials
    Frame
    Roof type
    Metal
    Architectural style
    Other

    Berkshire Hathaway Keys Real Estate | Knight & Gardner Realty (305) 294-5155 [email protected]

    Listing agent Damian Vantriglia (305) 294-5155 License #3412425

    Listing date Nov 30, 2025

    MLS# 616087 Listing URL

    Copyright © 2025 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.

    Overview

    Commercial Condo in Old Town

    This commercial condo is located in the heart of Old Town Key West, on Truman Avenue. The property is suitable for live work or establishing a business amongst a mix of shops, restaurants, and historic landmarks. Modern updates include new flooring, fresh paint, and a renovated bathroom. The HOA is $576 per month and includes building maintenance, insurance, and common area maintenance. The zoning is HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Christopher Ferrer Artist Full Range Images Commercial Photographer Gallery 1:11 Art Gallery Real Estate of Key ... Commercial Real Estate Agency Key West Residential Real Estate Agency

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Food Market Clothing Store Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Key West
    County
    Monroe
    State
    Florida
    Longitude
    -81.792755
    Latitude
    24.554986

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    FAQs

    What type of property is this?
    Live-work space - Prime commercial condo in the heart of Old Town Key West.
    Where is this live-work space located?
    The property is located at 1012 Truman Ave Key West, FL.
    What is the asking price?
    The asking price for this property is $486,500.
    What are key features of this property?
    This property features: - Prime commercial condo on Truman Avenue in Old Town Key West.; - Ideal for live/work or establishing a business.; - Modern updates include new flooring, fresh paint, and renovated bathroom.
    (305) 294-5155
    Request Owner's contact information
    1012 Truman Ave Key West, FL 33040
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1012 Truman Ave Key West, FL 33040
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