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    Key West Multifamily Investment Opportunity

    818 Elizabeth Street Key West, FL 33040

    818 Elizabeth Street, Key West, FL, 33040
    $4,794,000
    For Sale
    Claim this Listing
    $4,794,000

    MULTI_FAMILY - Key West, FL

    Property Size5,317 SF
    Lot Size0.18 Acres
    Price / SF$901.64
    AddedSep 24, 2025
    Days on Market295
    Last RefreshJul 15 at 1:06 pm

    Property Features for 818 Elizabeth Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    HDR - High Density Reside
    Bedrooms
    10
    Bathrooms
    10
    Rooms
    Bedroom 7, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 3, Bathroom 7, Bedroom 8, Bathroom 10, Bathroom 8, Bathroom 6, Bedroom 3, Bathroom 9, Bedroom 6, Bedroom 5, Bathroom 4, Bathroom 5, Bedroom 9, Bedroom 4, Bathroom 2, Bedroom 10
    Parking features
    Off Street
    Standard status
    Active
    APN
    00018340-000000
    Size
    5,317 SF
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    KW PT LOT 14 OF TR 5 G70-74/75 OR2499-572 OR2503-1936 OR2582-1047/52 OR3205-1772
    Tax Annual Amount
    22623

    Utilities

    Cooling system
    Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1928
    Floors in Building
    2
    Number of units
    10
    Building materials
    ICFs (Insulated Concrete Forms)
    Roof type
    Metal

    Listing agent Team Gardner/Langley License #BK612006

    Listing office Berkshire Hathaway HomeServices Knight & Gardner Realty 336 Duval St., Key West, FL

    Listing date Sep 24, 2025

    MLS# 616601

    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.

    This multifamily property is located in Old Town Key West, Florida. The property features nine units: eight one-bedroom, one-bathroom units and one two-bedroom, one-bathroom unit. The units are located within three buildings situated on an 8,042-square-foot lot (0.18 acres). The property contains 5,317 square feet of space. The zoning is HDR - High Density Reside. The property may be suitable for staff housing, investors interested in a 1031 Exchange, or condo conversion. Note that advanced notice is required to arrange showings, and not all units may be available for viewing as they are currently rented.

    Key Highlights

    • Rare Multi‑Family Investment Opportunity in Old Town Key West
    • Comprised of nine units: eight 1‑bedroom/1‑bathroom and one 2‑bedroom/1‑bathroom
    • Suitable for staff housing, 1031 Exchange, or condo conversion

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    HVAC Service (Bike/Boat/Book/etc) Store Pet Grooming Service Auto Repair Shop Carpet & Flooring Store Auto Parts Store Tanning Salon Dental Office (Bike/Boat/Book/etc) Store Veterinary Clinic

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

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    FAQs

    What type of property is this?
    Apartment building - Nine-unit multifamily property in Old Town Key West for sale.
    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 $4,794,000.
    What are key features of this property?
    This property features: Rare Multi‑Family Investment Opportunity in Old Town Key West; Comprised of nine units: eight 1‑bedroom/1‑bathroom and one 2‑bedroom/1‑bathroom; Suitable for staff housing, 1031 Exchange, or condo conversion
    Contact an agent
    (305) 902-2447
    We can help!
    Contact an agent
    Team Gardner/Langley
    Real Estate License ID: BK612006
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