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Short-Term Rental Property
New
For Sale
$3,400,000

1401 Atlantic Boulevard, Key West, FL 33040

A three-residence setup pairs a monthly-rental home with two detached, transient-licensed guest suites.

Property Size2,530 SF
Price / SF$1,343
Days on Market3

Property Features for 1401 Atlantic Boulevard

General Information

Standard status Active
Size 2,530 SF
Property subtype Commercial

Units

Unit Mix 1 x 3BR/2BA, 2 x 1BR/1BA
Multifamily Units 3

Amenities

rooftop terrace
shared deck
fenced yard
bistro patio

Building Details

Year Built 1958
Listing Agency: Brenda Donnelly Real Estate LLC
Listed By: Brenda Donnelly · License #kwa.1309
Source: Buythekeys
Added: Oct 2 Changed: Oct 3 Last Checked: Oct 3 at 2:06PM

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 Brenda Donnelly Real Estate LLC

Investment Insights

Based on property information with market context.

At 1401 Atlantic Boulevard, this 2,530-square-foot property comprises three separate living spaces with five bedrooms and four bathrooms. The primary residence has three bedrooms and two bathrooms and is configured as a monthly rental. Two detached guest suites each offer one bedroom and one bathroom and hold transient licenses. The property was built in 1958.

Outdoor features include a fenced yard with a bistro patio, a shared backyard deck, and a rooftop terrace with Atlantic views. The property is steps from the beach and a one-minute walk from White Street Pier.

Key Highlights

  • Three living spaces: a 3‑bedroom, 2‑bathroom home and two detached 1‑bedroom, 1‑bathroom guest suites
  • Both detached guest suites are transient‑licensed
  • 2,530 square feet

Property Analytics

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Current Use

Atlantis House Bed & Breakfast

Suggested Use

Top Pick Dental Office Auto Repair Shop Building Supply Pharmacy Nail Salon Furniture & Home Goods

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

922
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Short term rental property - A three-residence setup pairs a monthly-rental home with two detached, transient-licensed guest suites.
Where is this short term rental property located?
The property is located at 1401 Atlantic Boulevard Key West, FL.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: Three living spaces: a 3‑bedroom, 2‑bathroom home and two detached 1‑bedroom, 1‑bathroom guest suites; Both detached guest suites are transient‑licensed; 2,530 square feet
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