Nine-Unit Apartment
For Sale
$4,699,000
818 Elizabeth Street, Key West, FL 33040
MULTI_FAMILY - Key West, FL
Property Size5,317 SF
Lot Size0.18 Acres
Price / SF$883.77
Days on Market328
Property Features for 818 Elizabeth Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
HDR - High Density Reside
Bedrooms
10
Bathrooms
10
Full bathrooms
10
Rooms
Bedroom 5, Bedroom 8, Bathroom 10, Bathroom 6, Bedroom 6, Bedroom 7, Bathroom 8, Bedroom 4, Bathroom 9, Bathroom 3, Bathroom 5, Bedroom 9, Bathroom 4, Bathroom 7, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 10, Bedroom 2
Parking features
Off Street
Subdivision
Old Town - Unlisted (1.0)
View
Water
Standard status
Active
APN
00018340-000000
Size
5,317 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
KW PT LOT 14 OF TR 5 G70-74/75 OR2499-572 OR2503-1936 OR2582-1047/52 OR3205-1772
Tax Annual Amount
22623
Legal Description
KW PT LOT 14 OF TR 5 G70-74/75 OR2499-572 OR2503-1936 OR2582-1047/52 OR3205-1772
Utilities
Cooling system
Window Unit(s), Wall/Window Unit(s)
Building Details
Year built
1928
Floors in Building
2
Number of units
10
Building materials
ICFs (Insulated Concrete Forms)
Roof type
Metal
Listing Agency:
Berkshire Hathaway HomeServices Knight & Gardner Realty
(305) 294-5155
Listed By:
Team Gardner/Langley · License #BK612006
(305) 902-2447
Added: Sep 24, 2025
Changed: Jul 24
Last Checked: Aug 17 at 5:06AM
MLS# 616601
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.
Investment Insights
Based on property information with market context.
This multifamily property consists of nine units in three separate buildings on a single lot at 818 Elizabeth Street in Key West, Florida. The unit mix includes eight updated one-bedroom, one-bathroom apartments and one updated two-bedroom, one-bathroom unit.
The property is situated on an 8,042 square-foot lot (0.18 acres). Please note that showings require advanced notice, and not all units may be available for viewing because they are currently rented.
The site is identified as HDR - High Density Reside zoning. The property is being offered for sale as a residential income investment, with the listing describing the current configuration as suited to staff housing, and also referencing 1031 exchange and condo conversion considerations.
The property is situated on an 8,042 square-foot lot (0.18 acres). Please note that showings require advanced notice, and not all units may be available for viewing because they are currently rented.
The site is identified as HDR - High Density Reside zoning. The property is being offered for sale as a residential income investment, with the listing describing the current configuration as suited to staff housing, and also referencing 1031 exchange and condo conversion considerations.
Key Highlights
- Nine‑unit multifamily property in Old Town Key West, configured with eight 1‑bedroom/1‑bath units plus one 2‑bedroom/1‑bath unit
- Three separate buildings on an 8,042 SF lot
- Built in 1928 with ICFs (Insulated Concrete Forms) construction materials
Property Analytics
Property Profile
Current Use
Lease Details
9
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,710
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Three-building multifamily property with eight updated one-bedroom units and one updated two-bedroom unit.
Where is this apartment building located?
The property is located at 818 Elizabeth Street Key West, FL.
What is the asking price?
The asking price for this property is $4,699,000.
What are key features of this property?
This property features: Nine‑unit multifamily property in Old Town Key West, configured with eight 1‑bedroom/1‑bath units plus one 2‑bedroom/1‑bath unit; Three separate buildings on an 8,042 SF lot; Built in 1928 with ICFs (Insulated Concrete Forms) construction materials
