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4-Unit Multifamily Compound
New
For Sale
$3,750,000

919-921 Thomas Street, Key West, FL 33040

A multi-building residential property combines guest cottages, private outdoor amenities, and on-site parking.

Property Size3,015 SF
Price / SF$1,243
Days on Market7

Property Features for 919-921 Thomas Street

General Information

Standard status Active
Size 3,015 SF
Property subtype Multi-family

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $15,579

Building Details

Building Size 3,015 SF
Year Built 1938
Listing Agency: Coldwell Banker Schmitt Real Estate Co. (KW)
Listed By: Rick L Lively · License #3025597
Source: Keystoprealty
Added: Oct 21 Changed: Oct 26 Last Checked: Oct 26 at 2:18PM

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 Coldwell Banker Schmitt Real Estate Co. (KW)

Rey
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Investment Insights

Based on property information with market context.

This 1938 multifamily property spans 3,015 square feet across a compound of buildings. The main house includes two guest cottages and a private heated pool, hot tub, and outdoor shower. A separate building has an upstairs two-bedroom, one-bath unit with a private deck, plus a one-bedroom, one-bath residence below and another one-bedroom, one-bath unit at the front. High ceilings and large windows are noted in the homes, along with parking for residents and guests.

The property is on Thomas Street in Key West, Florida, within a historic district. Nearby context includes local shops, restaurants, landmarks, beaches, water activities, and parks.

Key Highlights

  • Four residential units across multiple buildings
  • 3,015 square feet; built in 1938
  • Main house has a heated pool, hot tub, and outdoor shower

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

2,567
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
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - A multi-building residential property combines guest cottages, private outdoor amenities, and on-site parking.
Where is this multifamily property located?
The property is located at 919-921 Thomas Street Key West, FL.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Four residential units across multiple buildings; 3,015 square feet; built in 1938; Main house has a heated pool, hot tub, and outdoor shower
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