Retail Condominium
For Sale
$439,000
Pending
1012 Truman Avenue #6, Key West, FL 33040
Turnkey retail or office condominium with recent interior upgrades and an HOA covering key building and common-area services.
Property Size718 SF
Days on Market66
Property Features for 1012 Truman Avenue #6
General Information
Standard status
Pending
Size
718 SF
Zoning
HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
Financials
Cap Rate
8%
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$3,583
Building Details
Building Size
718 SF
Year Built
1923
Listing Agency:
Berkshire Hathaway HomeServices Knight & Gardner Realty
(305) 741-9411
Listed By:
Damian Vantriglia · License #3412425
(305) 741-9411
Source:
Laerrealty
Added: Jun 12
Changed: Aug 14
Last Checked: Aug 14 at 6:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Knight & Gardner Realty
Investment Insights
Based on property information with market context.
This retail condominium suite is positioned for immediate occupancy, with recent upgrades including new flooring, fresh interior paint, and a renovated bath. The space is suited for a range of storefront and professional uses, including retail, professional office, salon, or gallery applications, depending on tenant needs.
Located along high-visibility Truman Avenue in Old Town, the suite benefits from exposure within an active mix of shops, restaurants, and historic attractions. The offering is listed with an 8% CAP rate.
For buyers and operators, the combination of a turnkey interior and an HOA structure can simplify ownership and ongoing building upkeep. The HOA is $576 per month and includes building insurance, exterior maintenance, and common area care, which can help reduce day-to-day administrative responsibilities. Schedule a private tour to review the layout and finishes for your intended use.
Located along high-visibility Truman Avenue in Old Town, the suite benefits from exposure within an active mix of shops, restaurants, and historic attractions. The offering is listed with an 8% CAP rate.
For buyers and operators, the combination of a turnkey interior and an HOA structure can simplify ownership and ongoing building upkeep. The HOA is $576 per month and includes building insurance, exterior maintenance, and common area care, which can help reduce day-to-day administrative responsibilities. Schedule a private tour to review the layout and finishes for your intended use.
Key Highlights
- Commercial condo built in 1923, located along high‑visibility Truman Avenue in Old Town Key West
- Publicly listed as offering an 8% CAP rate
- Recent upgrades include new flooring and fresh interior paint
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
3,256
Businesses Nearby
31k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 31%
Home Improvements & Furnishings 24%
Dining 19%
Groceries 17%
Chevron
Shops & Services
9,727 visits/mo
0.1 miles
Strunk Ace Hardware Inc
Home Improvements & Furnishings
7,589 visits/mo
0.5 miles
Dairy Queen
Dining
5,832 visits/mo
0.3 miles
IGA
Groceries
5,390 visits/mo
0.2 miles
Best Western Hibiscus Motel
Hotels & Casinos
2,843 visits/mo
0.5 miles
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 Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Turnkey retail or office condominium with recent interior upgrades and an HOA covering key building and common-area services.
Where is this retail space located?
The property is located at 1012 Truman Avenue #6 Key West, FL.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Commercial condo built in 1923, located along high‑visibility Truman Avenue in Old Town Key West; Publicly listed as offering an 8% CAP rate; Recent upgrades include new flooring and fresh interior paint
