Eight-Unit Apartment
For Sale
$3,750,000
818 Elizabeth Street, Key West, FL 33040
Commercial Sale, Key West, FL
Property Size3,797 SF
Lot Size0.18 Acres
Price / SF$987.62
Days on Market212
Property Features for 818 Elizabeth Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
HDR - High Density Reside
Bedrooms
8
Bathrooms
8
Full bathrooms
8
Rooms
Bedroom 4, Bedroom 3, Bathroom 1, Bathroom 5, Bathroom 3, Bathroom 4, Bathroom 7, Bedroom 6, Bathroom 6, Bedroom 5, Bedroom 8, Bedroom 7, Bedroom 1, Bedroom 2, Bathroom 8, Bathroom 2
Parking features
Off Street
Appliances
Refrigerator, Range
Subdivision
Old Town - Unlisted (1.0)
View
Water
Standard status
Active
APN
00018340-000000
Size
3,797 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
KW PT LOT 14 OF TR 5 G70-74/75 OR2499-572 OR2503-1936 OR2582-1047/52 OR3205-1772
Tax Annual Amount
23776
Legal Description
KW PT LOT 14 OF TR 5 G70-74/75 OR2499-572 OR2503-1936 OR2582-1047/52 OR3205-1772
Utilities
Cooling system
Wall/Window Unit(s), Window Unit(s)
Building Details
Year built
1928
Flooring type
Tile
Building materials
ICFs (Insulated Concrete Forms)
Roof type
Metal
Listing Agency:
Berkshire Hathaway HomeServices Knight & Gardner Realty
(305) 294-5155
Listed By:
Team Gardner/Langley · License #KWA.2032
(305) 902-2447
Added: Feb 2
Changed: Aug 19
Last Checked: Sep 2 at 9:06PM
MLS# 618438
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.
Investment Insights
Based on property information with market context.
Located on Elizabeth Street in Key West’s Old Town, this apartment property contains eight updated one-bedroom, one-bath units across two buildings. The improvements total 3,797 square feet on a 5,575-square-foot lot. Interior and building features include tile flooring, metal roofing, ICF construction, refrigerators, ranges, and wall or window cooling units. The listed room inventory includes eight bedrooms and eight bathrooms.
The property carries HDR - High Density Reside zoning and was built in 1928. Off-street parking is provided. The units are currently rented, and showings require advance notice; access to every unit may not be available during a tour. The property information also identifies staff housing and possible condo conversion among the contemplated uses.
The property carries HDR - High Density Reside zoning and was built in 1928. Off-street parking is provided. The units are currently rented, and showings require advance notice; access to every unit may not be available during a tour. The property information also identifies staff housing and possible condo conversion among the contemplated uses.
Key Highlights
- Eight updated one‑bedroom, one‑bathroom units
- Two buildings on a 5,575 SqFt lot
- 3,797 square feet of property size
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
3,562
Businesses Nearby
Explore this area
Business Placement
Demographics for 33040, FL
35,958
Population
19,001
Households
1.9
Avg Household Size
44
Median Age
38%
College-Educated
92%
High-School Grad
17.7 sq mi
ZIP Area
2,032
Density / Sq Mi
$79,038
Median Household Income
$42,458
Median Earnings
$2,079
Median Rent
$766,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-building residential asset with one-bedroom, one-bath units and off-street parking.
Where is this apartment building located?
The property is located at 818 Elizabeth Street Key West, FL.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Eight updated one‑bedroom, one‑bathroom units; Two buildings on a 5,575 SqFt lot; 3,797 square feet of property size
