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Apartment Building with Off-Street Parking
For Sale
$2,250,000

912 Pohalski Street, Key West, FL 33040

Six-unit apartment building with off-street parking and separate electric and water meters for each apartment.

Property Size3,876 SF
Price / SF$580.50
Days on Market90

Property Features for 912 Pohalski Street

General Information

Standard status Active
Size 3,876 SF
Total Parking Spaces 6
Property subtype Residential Income
Zoning HMDR - Historic Medium Density Residential

Additional Details

Multifamily Units 6

Taxes and HOA fees

Annual Taxes $15,509

Amenities

Wall/Window Unit(s)
Refrigerator
Other
Off Street
Residential Income

Building Details

Building Size 3,876 SF
Year Built 1988
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: RE/MAX All Keys Real Estate
Listed By: Curtis Skomp · License #3350136
Source: Evrealestate
Added: Jun 4 Changed: Aug 31 Last Checked: Aug 31 at 12:54PM

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 RE/MAX All Keys Real Estate

Investment Insights

Based on property information with market context.

This two-story CBS and frame apartment building contains six legal units with a total of 10 bedrooms and 6 bathrooms. Unit mix includes three 1-bedroom/1-bath apartments, two 2-bedroom/1-bath apartments, and one 3-bedroom/1-bath apartment. The property totals 3,876 square feet and sits on a 3,598 square foot lot, with the lot running from Pohalski Street to Havana Lane to provide straightforward access for residents. Each apartment has its own separate electric and water meter.

The building is located in Old Town at 912 Pohalski Street, Key West, Florida. With off-street parking for six vehicles, the site is designed to connect tenants to both their apartments and parking spaces without relying on on-street parking. The property is described as being in a BFE flood zone, formerly an X flood zone, and is characterized as high and dry.

For buyers, this is a multi-unit income property configuration that can support an investor or operator looking for long-term hold strategies, including consideration as a 1031 exchange replacement property. It may also fit housing needs where separate unit utilities and dedicated parking matter, such as employee housing.

Key Highlights

  • 6‑unit apartment building built in 1988 with 3,876 SF total building area
  • Unit mix includes three 1BD/1BA, two 2BD/1BA, and one 3BD/1BA for 10 bedrooms total and 6 baths
  • Each apartment has separate electric and water meters

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Dental Office Pharmacy Carpet & Flooring Store Tanning Salon Veterinary Clinic

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

Lease Details

6
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,256
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit apartment building with off-street parking and separate electric and water meters for each apartment.
Where is this apartment building located?
The property is located at 912 Pohalski Street Key West, FL.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 6‑unit apartment building built in 1988 with 3,876 SF total building area; Unit mix includes three 1BD/1BA, two 2BD/1BA, and one 3BD/1BA for 10 bedrooms total and 6 baths; Each apartment has separate electric and water meters
More about this property
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