Two-Building Apartment Income
818 Elizabeth Street Key West, FL 33040
818 Elizabeth Street, Key West, FL, 33040
$3,799,000
For Sale
$3,799,000
Two-building multifamily asset with eight updated one-bedroom, one-bath units suited for staff housing or rental ownership.
Days on Market11
Property Features for 818 Elizabeth Street
General Information
- Standard status
- Active
Building Details
- Year Built
- 1928
Listing Agency
Berkshire Hathaway HomeServices Knight & Gardner Realty
(305) 902-2447
Listed by
Team Gardner/Langley · License #BK612006
(305) 902-2447
Source
Laerrealty
Added: Jul 7 Checked: Jul 17 at 2:46 am
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Investment Insights
Based on property information with market context.
This for-sale multifamily property consists of two buildings totaling eight updated one-bedroom, one-bath units. The units are currently configured for residential income use and are described as updated, supporting straightforward leasing and day-to-day occupancy.
The buildings sit on a 5,575 square foot lot. The offering notes that advanced notice is required to arrange showings, and that not all units may be available for viewing because they are currently rented.
The property is being marketed as a fit for multiple buyer profiles, including employers seeking staff housing, investors interested in a 1031 exchange, and buyers evaluating the possibility of a condo conversion. Because the units are already in place and the property includes eight separate one-bedroom layouts across two buildings, it may be well aligned with operators looking for a compact multifamily setup where residential units can be managed as individual homes.
The buildings sit on a 5,575 square foot lot. The offering notes that advanced notice is required to arrange showings, and that not all units may be available for viewing because they are currently rented.
The property is being marketed as a fit for multiple buyer profiles, including employers seeking staff housing, investors interested in a 1031 exchange, and buyers evaluating the possibility of a condo conversion. Because the units are already in place and the property includes eight separate one-bedroom layouts across two buildings, it may be well aligned with operators looking for a compact multifamily setup where residential units can be managed as individual homes.
Key Highlights
- Two‑building multifamily property built in 1928 in Old Town Key West
- Includes 8 updated 1‑bedroom, 1‑bath units
- Units are on a 5,575 SqFt lot
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
1031 exchange properties
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Two-building multifamily asset with eight updated one-bedroom, one-bath units suited for staff housing or rental ownership.
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 $3,799,000.
What are key features of this property?
This property features: Two‑building multifamily property built in 1928 in Old Town Key West; Includes 8 updated 1‑bedroom, 1‑bath units; Units are on a 5,575 SqFt lot
