Four-Unit Multifamily
For Sale
$2,000,000
Key West, FL 33040, Key West, FL 33040
Commercial Sale, Key West, FL
Property SizeContact for details
Lot Size0.05 Acres
Days on Market806
Property Features
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
MDR-1 - Medium Desnity Re
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bathroom 4, Bedroom 5, Bedroom 2, Bedroom 4, Bedroom 8, Bathroom 1, Bathroom 3, Bedroom 6, Bedroom 7, Bedroom 3, Bathroom 2
Appliances
Range, Washer, Dryer
View
Water
Subdivision
Key West Realty Cos Sub (3.0)
Standard status
Active
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
14760
Amenities
covered front porches
laundry room
Building Details
Year built
1963
Floors in Building
1
Number of units
4
Building materials
CBS
Listing Agency:
Berkshire Hathaway HomeServices Knight & Gardner Realty
(305) 294-5155
Listed By:
Raymond J Capas · License #171355
(305) 587-3483
Added: Jul 28, 2024
Changed: Oct 8
Last Checked: Oct 11 at 8:06PM
MLS# 610922
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 1963 CBS multifamily property comprises four individually licensed residences arranged as two side-by-side duplexes. Each unit measures 750 square feet under air and includes two bedrooms, one bathroom, a kitchen, and a dedicated laundry-room addition with its own exterior screen door. The property has four separate legal descriptions, parcel numbers, insurance policies, and utility meters.
The residences are surrounded by maintained mature landscaping and include covered front porches with high, open-beamed ceilings. On-site parking accommodates 10 cars. Property improvements include replacement air conditioners, updated blinds and curtain rods, and roof-screw work completed to current code standards. Four pairs of washers and dryers are included, along with ranges. The property is located in Key West, Florida, and is zoned MDR-1 - Medium Desnity Re.
The residences are surrounded by maintained mature landscaping and include covered front porches with high, open-beamed ceilings. On-site parking accommodates 10 cars. Property improvements include replacement air conditioners, updated blinds and curtain rods, and roof-screw work completed to current code standards. Four pairs of washers and dryers are included, along with ranges. The property is located in Key West, Florida, and is zoned MDR-1 - Medium Desnity Re.
Key Highlights
- Four individually licensed 750 sq ft units
- Two‑bedroom, one‑bathroom layout in each residence
- Two side‑by‑side duplexes with four separate legal descriptions and parcel numbers
Property Analytics
Current Use
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
38
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?
Multifamily property - Four individually licensed residences with separate utility metering, laundry rooms, and covered front porches.
Where is this multifamily property located?
The property is located at Key West, FL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Four individually licensed 750 sq ft units; Two‑bedroom, one‑bathroom layout in each residence; Two side‑by‑side duplexes with four separate legal descriptions and parcel numbers
