9-Unit Apartment
For Sale
$4,549,000
818 Elizabeth Street, Key West, FL 33040
Commercial Sale, Key West, FL
Property Size5,317 SF
Lot Size0.18 Acres
Price / SF$855.56
Days on Market388
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 7, Bathroom 9, Bedroom 2, Bathroom 1, Bathroom 5, Bedroom 9, Bathroom 10, Bedroom 4, Bathroom 3, Bedroom 6, Bathroom 8, Bedroom 3, Bathroom 6, Bedroom 1, Bedroom 10, Bathroom 2, Bathroom 4, Bedroom 5, Bedroom 8, Bathroom 7
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
Wall/Window Unit(s), Window Unit(s)
Building Details
Year built
1928
Floors in Building
2
Number of units
9
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 #KWA.2032
(305) 902-2447
Added: Sep 24, 2025
Changed: Oct 7
Last Checked: Oct 16 at 7:06PM
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.
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Investment Insights
Based on property information with market context.
The property includes nine apartments across three buildings, with a combined 5,317 square feet on an 8,042-square-foot lot. Eight units have one bedroom and one bathroom; the remaining apartment has two bedrooms and one bathroom. The eight one-bedroom units have been updated. Construction dates to 1928, with insulated concrete form materials and metal roofing. Cooling is provided by wall or window units, and parking is available off street.
The site is zoned HDR - High Density Reside. Units are currently rented, and showings require advance notice; access to every apartment may not be possible during a visit.
The site is zoned HDR - High Density Reside. Units are currently rented, and showings require advance notice; access to every apartment may not be possible during a visit.
Key Highlights
- Nine apartments across three buildings
- Eight updated one‑bedroom, one‑bathroom units and one two‑bedroom, one‑bathroom unit
- 5,317 square feet of building area on an 8,042‑square‑foot lot
Property Analytics
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Current Use
Lease Details
9
Residential units
Location Intelligence
Trade Area within ½ mile
3,562
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Three buildings offer updated apartment layouts, with off-street parking for residents.
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 $4,549,000.
What are key features of this property?
This property features: Nine apartments across three buildings; Eight updated one‑bedroom, one‑bathroom units and one two‑bedroom, one‑bathroom unit; 5,317 square feet of building area on an 8,042‑square‑foot lot
