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Updated Retail Condominium Suite
For Sale
$439,000

6-1012 Truman Ave, Key West, FL 33040

Retail condominium unit with new flooring, fresh interior paint, and a renovated bathroom under a managed HOA.

Property SizeContact for details
Days on Market83

Property Features for 6-1012 Truman Ave

General Information

Standard status Active

Additional Details

Cap Rate 8%

Taxes and HOA fees

Annual Taxes $3,582
Listing Agency: Berkshire Hathaway HomeServices Knight & Gardner Realty
Listed By: Damian Vantriglia · License #3412425
Source: Exprealty
Added: Jun 8 Changed: Aug 20 Last Checked: Aug 29 at 11:11AM

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 has been recently updated with new flooring, fresh interior paint, and a renovated bathroom, creating a clean, turnkey space for immediate occupancy. The unit is part of a condominium structure, with ongoing building services handled through the HOA.

The property is positioned along Truman Avenue, within Key West’s Old Town commercial corridor. HOA dues are $576 per month and include building insurance, exterior maintenance, and care of common areas.

For buyers seeking a well-maintained, ready-to-use retail condominium, this unit offers a straightforward configuration and practical day-to-day support through the association.

Key Highlights

  • Retail condominium unit on high‑visibility Truman Avenue in Key West’s Old Town
  • HOA is $576/month, including building insurance, exterior maintenance, and common area care
  • Recent upgrades include new flooring and fresh interior paint

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Carpet & Flooring Store Pet Grooming Service Garden Center (Bike/Boat/Book/etc) Store Electrical Service

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

Location Intelligence

Trade Area within ½ mile

1,889
Businesses Nearby
38k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 40% Shops & Services 39% Apparel 13% Hotels & Casinos 7%
Circle K Shops & Services
13,410 visits/mo 0.3 miles
The Cafe Dining
8,463 visits/mo 0.5 miles
Santiago's Dining
6,807 visits/mo 0.2 miles
Gap Apparel
4,926 visits/mo 0.5 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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail condominium unit with new flooring, fresh interior paint, and a renovated bathroom under a managed HOA.
Where is this retail space located?
The property is located at 6-1012 Truman Ave 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: Retail condominium unit on high‑visibility Truman Avenue in Key West’s Old Town; HOA is $576/month, including building insurance, exterior maintenance, and common area care; Recent upgrades include new flooring and fresh interior paint
More about this property
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