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1409 Truman Ave Key West, FL 33040

Sponsored
For Sale
$1,299,000

Multi-family - Key West, FL

Type:Multi Family
Property size:
1,932 SF
Lot size:
0.07 Acres
Days on Market:
84
Last Refresh:
Jan 5 at 3:06 pm

Property Features for 1409 Truman Ave

General Information

Property type
Residential Multi Family
Property subtype
Multi Family
Standard status
Active
Security features
Security System
Zoning
SF - Single Family
Rooms
Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3
Bedrooms
3
Bathrooms
4
APN
00024320-000000
Parking features
Open
Interior features
Drapes/Blinds Incl, Built-in Cabinets, Whirlpool Bath Tub, Walk-in Closet(s), Storage, Smoke Alarms, Security System, Dade County Pine, Split Bedroom
Exterior features
Fencing, Storage, Shed, Privacy Wall/Fence, Fruit Tree(s)
Fencing
Fenced, Privacy
Appliances
Dishwasher, Dryer, Garbage Disposer, Range, Refrigerator, Washer
Size
1,932 SF
Lot size
0.07 Acres

Utilities

Cooling system
Ceiling Fan(s)

Building Details

Year built
1943
Floors in Building
2
Number of units
2
Flooring type
Tile, Wood
Building materials
Frame
Roof type
Metal, Other
Architectural style
Other
Additional Structures
Packing Shed, Shed(s), Storage

Truman & Co. Real Estate Services (305) 292-2244 [email protected]

Listing agent Michael Sorah (305) 292-2244 License #3226665

Listing date Oct 14, 2025

MLS# 613108 Listing URL

Copyright © 2026 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

Key West Multi-Family Opportunity

This property presents a unique opportunity for flexible living or investment. Approved by the City of Key West, this property can be converted back to a multi-family configuration with up to 4 units. The property is currently configured as a single-family residence, but it can easily be converted back to two studios with baths, a one-bedroom one-bath unit, and a two-bedroom one-bath unit. The layout and design facilitate transitioning back to a duplex, triplex, or four-unit configuration. Each potential unit could offer comfortable living spaces, with the 1932 square footage allowing for a range of layouts to suit tenants' needs. Located in Key West, Florida, the property sits on a 0.07-acre lot. The property is positioned to maximize its potential, with strong rental demand in Key West. This Key West Eyebrow home combines historical charm with modern amenities. This property is a rare find for generating income, creating a multi-generational living space, or investing in the vibrant Key West market. Each unit could command an estimated monthly rent of $3,000 to $6,000, providing a lucrative investment opportunity.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Key West
County
Monroe
State
Florida
Longitude
-81.789169
Latitude
24.557638

FAQs

What type of property is this?
Quadplex - Convertible Key West home approved for up to 4 units.
Where is this quadplex located?
The property is located at 1409 Truman Ave Key West, FL.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: - Approved for up to 4 units, a significant investment opportunity.; - Potential rental income of $3k-$6k monthly per unit.; - Flexible living options: single-family, multi-generational, or convert to multi-unit.
More about this property
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