Five-Unit Apartment
For Sale
Contact for pricing
Pending
1221 Packer Street 1-5, Key West, FL 33040
Fenced apartment property in Old Town Key West with private porches and shared laundry facilities.
Property SizeContact for details
Days on Market143
Property Features for 1221 Packer Street 1-5
General Information
Standard status
Pending
Total Parking Spaces
3
Property subtype
Industrial
Occupancy
20%
Units
Unit Mix
1 x 2BR/1BA, 4 x 1BR/1BA
Multifamily Units
5
Amenities
fenced property
private porches
common area space
coin operated washer and dryer
Building Details
Buildings
2
Listing Agency:
Coldwell Banker Commercial Schmitt Real Estate Company Key West
Listed By:
Sean Farrer · License #FL
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 3:49PM
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 Coldwell Banker Commercial Schmitt Real Estate Company Key West
Investment Insights
Based on property information with market context.
This five-unit apartment property is arranged across two buildings in central Old Town Key West. The unit mix includes one 2-bedroom, 1-bath residence that is tenant occupied and four 1-bedroom, 1-bath units that are vacant. The interiors were recently painted, and the property includes private porches and shared common-area space.
A fenced layout provides three off-street parking spaces, while a coin-operated washer and dryer serve the property. The asset is located in the X flood zone and has five electric meters and five Parcel IDs. A Business Tax License is in place for all five units, supporting the property’s existing multifamily configuration.
A fenced layout provides three off-street parking spaces, while a coin-operated washer and dryer serve the property. The asset is located in the X flood zone and has five electric meters and five Parcel IDs. A Business Tax License is in place for all five units, supporting the property’s existing multifamily configuration.
Key Highlights
- Five units divided between 2 buildings
- Unit mix includes one 2/1 and four 1 bed/1 bath units
- Three off‑street parking spots within a fenced property
Property Analytics
Current Use
Lease Details
5
Residential units
20%
Occupancy
Location Intelligence
Trade Area within ½ mile
3,119
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 - Fenced apartment property in Old Town Key West with private porches and shared laundry facilities.
Where is this apartment building located?
The property is located at 1221 Packer Street 1-5 Key West, FL.
What are key features of this property?
This property features: Five units divided between 2 buildings; Unit mix includes one 2/1 and four 1 bed/1 bath units; Three off‑street parking spots within a fenced property
