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Four-Unit Conch-Style Quadplex
For Sale
$2,395,000

1104 Truman Avenue, Key West, FL 33040

Classic island construction with covered porches, off-street parking, and flexible residential or mixed-use possibilities.

Property Size3,136 SF
Price / SF$763.71
Days on Market112

Property Features for 1104 Truman Avenue

General Information

Standard status Active
Size 3,136 SF
Property subtype General Commercial

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $13,791

Amenities

covered porches
Central Air, Window/Wall Unit, Ceiling Fan(s)
3
Parking.
Garage, Off Street.
55 X 103, 5717

Building Details

Year Built 1928
Construction Classic Conch-style
Listing Agency: Location 3 Real Estate of KW Inc (KW)
Listed By: Nancy Swift
Source: Xome
Added: May 12 Changed: Aug 30 Last Checked: Aug 31 at 1:13PM

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 Location 3 Real Estate of KW Inc (KW)

Investment Insights

Based on property information with market context.

This 3,136-square-foot quadplex, built in 1928, contains four licensed rental apartments: one two-bedroom, one-bath unit and three one-bedroom, one-bath units. Classic Conch-style construction and covered porches define the property, while central air, window or wall units, and ceiling fans provide documented interior features. The site also includes garage and off-street parking.

Located at 1104 Truman Avenue in Key West, the property presents 55 feet of frontage along Truman Avenue on a 5,717-square-foot lot measuring 55 by 103 feet. The existing configuration supports long-term rentals, monthly vacation rentals, employee housing, or a combination of commercial space at ground level and residential space above, subject to buyer verification. The property was formerly configured for two business offices and may also be reimagined as a single-family residence, with any conversion subject to verification.

Key Highlights

  • Four licensed apartments: one 2BR/1BA and three 1BR/1BA units
  • 3,136‑square‑foot property built in 1928
  • 55 feet of Truman Avenue frontage

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Dental Office Pharmacy Carpet & Flooring Store Tanning Salon Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3,256
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Classic island construction with covered porches, off-street parking, and flexible residential or mixed-use possibilities.
Where is this quadplex located?
The property is located at 1104 Truman Avenue Key West, FL.
What is the asking price?
The asking price for this property is $2,395,000.
What are key features of this property?
This property features: Four licensed apartments: one 2BR/1BA and three 1BR/1BA units; 3,136‑square‑foot property built in 1928; 55 feet of Truman Avenue frontage
More about this property
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