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    Key West, FL Multifamily Properties for Sale

    20 results
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    Two Cottages with Income Potential
    $1,699,000
    1,594 SF

    Two Cottages with Income Potential

    621 Elizabeth St, Key West, FL 33040

    Two-cottage property in Old Town Key West with rental income potential.

    • Two‑cottage property in the heart of Old Town Key West with strong rental and income potential.
    • Main house features a main‑floor primary bedroom/bath, open living/dining area, and updated kitchen with QUARTZ COUNTERTOPS and STAINLESS STEEL APPLIANCES.
    • Guest cottage fully renovated in 2020 with private patio, living space, and ensuite bedroom, ideal for rental income.
    • Private outdoor oasis with POOL, water features, back deck, and thoughtfully designed landscaping.
    • Recent upgrades including impact windows, plumbing, electrical, siding, roofs, and exterior paint.
    Updated: Jan 9
    View details
    Key West Multi-Family Conversion Opportunity
    $1,299,000
    1,932 SF

    Key West Multi-Family Conversion Opportunity

    1409 Truman Ave, Key West, FL 33040

    Key West home approved for multi-family conversion to duplex.

    • Approved for Multi‑family: City of Key West allows reverting to a multi‑family property with up to 2 units.
    • Lucrative rental income potential, estimated at $3k-$6k monthly per unit.
    • Spacious layout easily transitions back to a duplex configuration.
    • Located in the vibrant Key West market with strong rental demand.
    • Features historical Key West Eyebrow home charm with modern amenities.
    Updated: Jan 9
    View details
    Key West Income-Producing Duplex
    $1,068,000
    1,694 SF

    Key West Income-Producing Duplex

    Duplex near the coast with a solid rent roll.

    1916 Seidenberg Ave, Key West, FL 33040
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    Seven Units in Old Town
    $1,899,000

    Seven Units in Old Town

    Seven-unit multifamily property in Key West's Old Town.

    909 Grinnell St, Key West, FL 33040
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    Key West Multi-Family Homes
    $5,850,000
    3,010 SF

    Key West Multi-Family Homes

    Two homes near Duval Street with private pools and rental history.

    421 Simonton St, Key West, FL 33040
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    Key West Townhouse Unit Complex
    $2,300,000

    Key West Townhouse Unit Complex

    Four-unit townhouse complex on a 10,000 sq ft parcel.

    Key West, FL 33040
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    Historic Key West Multifamily Opportunity
    $5,500,000
    8,472 SF

    Historic Key West Multifamily Opportunity

    Unique historic property near Duval Street with multi-unit and commercial potential.

    314 Simonton St, Key West, FL 33040
    View details
    Mixed-Use Property with Development Potential
    $2,500,000

    Mixed-Use Property with Development Potential

    Four parcels with commercial, residential units, and vacant lot.

    5331 5Th Ave, Key West, FL 33040
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    Historic Key West Multifamily Opportunity
    $5,500,000

    Historic Key West Multifamily Opportunity

    Unique historic property near Duval Street with multi-unit and commercial potential.

    314 Simonton St, Key West, FL 33040
    View details
    Waterfront Property with Multifamily Units
    $4,750,000

    Waterfront Property with Multifamily Units

    Historic Key West waterfront property with multifamily and commercial potential.

    901 Eisenhower Dr, Key West, FL 33040
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    Key West Multifamily Investment Opportunity
    $1,899,000
    2,790 SF

    Key West Multifamily Investment Opportunity

    Seven-unit multifamily property in Old Town Key West.

    909 Grinnell St, Key West, FL 33040
    View details
    Waterfront Multifamily Home with Boat Lift
    $3,300,000
    3,568 SF

    Waterfront Multifamily Home with Boat Lift

    Upgraded multifamily home with waterfront access and rental income potential.

    6 Egret Ln, Key West, FL 33040
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    Key West Multifamily Income Property
    $1,349,000
    2,146 SF

    Key West Multifamily Income Property

    Legal duplex with additional suite, income potential, near Old Town.

    1224 Flagler Ave, Key West, FL 33040
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    Key West Multifamily Investment Opportunity
    $4,950,000

    Key West Multifamily Investment Opportunity

    Nine-unit property in Old Town Key West, ideal for investment.

    818 Elizabeth St, Key West, FL 33040
    View details
    Historic Duplex Near Key West Beaches
    $1,249,000
    1,395 SF

    Historic Duplex Near Key West Beaches

    Charming duplex near Old Town, beaches, and gallery district.

    1209 Pearl St, Key West, FL 33040
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    Mixed-Use Property in Old Town
    $1,625,000
    1,959 SF

    Mixed-Use Property in Old Town

    Stylish mixed-use property in the heart of Old Town, Key West.

    1011 Truman Ave, Key West, FL 33040
    View details
    Key West Triplex For Sale
    $1,824,900
    3,687 SF

    Key West Triplex For Sale

    Income-producing triplex near the coast with strong rental history.

    1821 Harris Ave, Key West, FL 33040
    View details
    Waterfront Multi-Family Investment Opportunity
    $4,750,000
    3,788 SF

    Waterfront Multi-Family Investment Opportunity

    Historic Key West property with multi-family units and commercial zoning.

    901 Eisenhower Dr, Key West, FL 33040
    View details
    Key West Duplex on Large Lot
    $1,199,000
    2,664 SF

    Key West Duplex on Large Lot

    Legal duplex on a spacious corner lot in Key West.

    1409 4Th St, Key West, FL 33040
    View details
    Key West Duplex with Pool
    $999,999
    1,421 SF

    Key West Duplex with Pool

    Legal duplex in Key West with in-ground pool.

    620 White St, Key West, FL 33040
    View details
    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 20 Active Listings in Key West, FL, we suggest to view alternatives - similar 2 Off-Market properties to explore as potential leads.

    Explore Off-Market Properties in Key West, FL

    Consider similar Off-Market properties in Key West, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    928 Truman Ave 101 Ky

    928 Truman Ave 101 Ky

    Individual retail properties • 2,684 SF
    Value Estimation by Request
    928 Truman Ave 101 Ky, Key West, FL 33040
    View details
    928 Truman Ave

    928 Truman Ave

    Multifamily properties • 2,684 SF
    Value Estimation by Request
    928 Truman Ave, Key West, FL 33040
    View details

    Key West, FL Multifamily Properties Investment Opportunities Market Analysis

    Explore 22 multifamily properties for sale in Key West, FL, showcased through 20 active listings on our real estate platform. These investment opportunities span a total of 70,132 square feet of properties for sale, with an estimated market value of $29,262,899.

    Prices for multifamily properties in Key West, FL start at $950,000, averaging $2,090,207, and reaching up to $5,850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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