709 Whitmarsh Lane Key West, FL 33040
New
Apartment 3 or more - Key West, FL
- Added:
- May 2, 2026
- Days on Market:
- 1
- Last Refresh:
- May 2 at 3:06 pm
Property Features for 709 Whitmarsh Lane
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- HDR - High Density Residential
- Bedrooms
- 7
- Bathrooms
- 7
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Interior features
- Laundry Room
- Appliances
- Dryer, Range, Refrigerator
- Standard status
- Active
- APN
- 00015540000000
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 16589.28
Utilities
- Cooling system
- Ceiling Fan(s)
Building Details
- Year built
- 1943
- Number of units
- 6
- Flooring type
- Tile, Vinyl
- Building materials
- Frame, Stucco
- Roof type
- Metal
- Architectural style
- Other
Listing agent Keith Bland License #3166210 (305) 304-6335
Listing office Truman & Co. (KW) 1205 Truman Avenue, Key West, FL (305) 292-2244
Listing date May 2, 2026
MLS# 619585
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 Redevelopment Opportunity
Located atop Solares Hill, this redevelopment opportunity features six dwellings and includes planning and design that resulted in a building permit issued in 2024. Substantial renovation is complete on four of the one-bedroom units. The property includes an architecturally redesigned home with parking and a pool to replace the current single-family home and studio apartment, plus four renovated one-bedroom apartments in a historic two-story building. The current owner has invested in securing previous approvals to renovate and convert the rentals to condos, including architectural plans, condominium documents, a proposed survey for the 5-6 unit condo development, labor and materials cost projection, and full submittal documents. The property's central location in Old Town, two blocks from Duval St., combined with the high elevation, and the redevelopment design and previous permitting, represents value. The property includes six legal, currently rented units in the best location in Old Town Key West and with the building permit previously issued, a path to final execution of the condominium redevelopment. All final entitlements and approvals to be confirmed and completed by buyer. The property is fully tenant occupied.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Key West
- County
- Monroe
- State
- Florida
- Longitude
- -81.799118
- Latitude
- 24.554695
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Six-unit redevelopment opportunity in the heart of Old Town Key West.
Where is this apartment building located?
The property is located at 709 Whitmarsh Lane Key West, FL.
What is the asking price?
The asking price for this property is $3,485,000.
What are key features of this property?
This property features: Issued building permit in 2024 for a 6‑unit condominium redevelopment, significantly streamlining the development process.; Prime Old Town location, just two blocks from Duval Street, offering exceptional convenience and desirability.; Four of the 1‑bedroom units are already substantially renovated, reducing the immediate workload for the buyer.
