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    709 Whitmarsh Lane Key West, FL 33040

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    For Sale
    $3,485,000

    Multi-family - Key West, FL

    Type:Multi Family
    Property size:
    3,956 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $880/SF
    Added:
    May 2, 2026
    Days on Market:
    1
    Last Refresh:
    May 2 at 3:06 pm

    Property Features for 709 Whitmarsh Lane

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Zoning
    HHDR - Historic High Density Residential
    Bedrooms
    7
    Bathrooms
    7
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Exterior features
    Privacy Wall/Fence, Storage
    Fencing
    Fenced, Privacy
    Appliances
    Dryer, Range, Refrigerator
    Standard status
    Active
    APN
    00015540-000000
    Size
    3,956 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    16589.28

    Utilities

    Cooling system
    Ceiling Fan(s)

    Building Details

    Year built
    1943
    Floors in Building
    2
    Number of units
    6
    Flooring type
    Tile, Vinyl
    Building materials
    Frame, Stucco
    Roof type
    Metal
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Keith Bland

    Listing agent Keith Bland License #3166210

    Listing office Truman & Co. (KW) 1205 Truman Avenue, Key West, FL

    Listing date May 2, 2026

    MLS# 619578 Listing URL

    Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


    Overview

    Key West Redevelopment Opportunity

    Located atop Solares Hill, this redevelopment opportunity features six dwelling units. The property has an issued building permit from 2024. Substantial renovation is already complete on four of the one-bedroom units. The current owner, an experienced developer, invested significant time and capital securing previous approvals to renovate and then convert the rentals to condos, including detailed architectural plans, local-attorney-prepared condominium documents, a proposed survey for the 5-6 unit condo development, detailed labor and materials cost projection by a local licensed contractor for the construction of the house, and full submittal documents and a building permit issued in early 2024. The property's ideal central location is in the heart of Old Town, just two blocks from Duval St. The property includes an architecturally redesigned home at 709 Whitmarsh Ln, with parking and pool, to replace the current single-family home and studio apartment, and four additional, fully renovated, large one-bedroom apartments housed in a historic 2-story building at 713 Whitmarsh Ln. The property consists of six legal, currently rented units. The lot size is 0.11 acres and the property size is 3956 square feet. The zoning is HHDR - Historic High Density Residential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Pharmacy Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Key West
    County
    Monroe
    State
    Florida
    Longitude
    -81.799118
    Latitude
    24.554695

    FAQs

    What type of property is this?
    Apartment building - Six-unit redevelopment opportunity in the heart of Old Town Key West.
    Where is this apartment building located?
    The property is located at 709 Whitmarsh Lane Key West, FL.
    What is the asking price?
    The asking price for this property is $3,485,000.
    What are key features of this property?
    This property features: Shovel‑ready redevelopment opportunity with issued building permit (2024) for 6 units.; Prime Old Town location, just two blocks from Duval St.; Substantial renovation complete on four 1‑bedroom units.
    More about this property
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