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Key West, FL Multifamily Properties for Sale

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23 results
Key West Income Producing Duplex
$999,999
1,452 SF

Key West Income Producing Duplex

1018 Georgia Street, Key West, FL 33040

Renovated Key West duplex with strong income potential.

  • Income‑producing duplex with $7,700/month ($92,400 annually) projected income and an estimated 9.2% cap rate.
  • Fully renovated and in turnkey condition with recent upgrades including a new roof, siding, impact windows, updated kitchens and baths, and new flooring.
  • Located in Old Town Key West directly across from Bayview Park, ensuring consistent rental demand.
  • Features three units: two lockout units downstairs (projected at $2,800/month and $2,300/month) and an upstairs tenant‑occupied unit.
  • X Flood zone with a large private backyard offering room for a pool.
Updated: Apr 17
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Waterfront Multifamily with Boat Lift
$2,699,999
3,568 SF

Waterfront Multifamily with Boat Lift

Key West, FL 33040

Upgraded multifamily property with waterfront access and rental income potential.

  • Waterfront property with over 80' of concrete seawall and an 8,000 lb boat lift, providing direct access to open water and Geiger Key Marina.
  • Multifamily duplex‑style home with a bonus suite, offering flexibility for living, family, guests, or rental income.
  • Main upstairs unit features 3 bedrooms, 3.5 bathrooms, a large living room with a private deck overlooking the canal, and a fully equipped kitchen.
  • Each unit (main, downstairs, and bonus suite) is self‑contained with its own private living space, entrance, kitchen, laundry, and A/C.
  • Secure electric gated entry for the main unit with parking directly at the front door, plus additional gated access and gravel parking for downstairs units.
Updated: Apr 8
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Key West Duplex on Large Lot
$1,250,000
2,664 SF

Key West Duplex on Large Lot

Legal duplex on a spacious corner lot in Key West.

1409 4Th Street, Key West, FL 33040
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Key West Duplex Lot Opportunity
$899,000

Key West Duplex Lot Opportunity

Spacious corner duplex lot with development potential in Key West.

2330 Staples Avenue, Key West, FL 33040
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Key West Income-Producing Triplex
$1,299,000
2,699 SF

Key West Income-Producing Triplex

Triplex in Key West with strong income and parking.

1614 Dennis Street, Key West, FL 33040
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Historic Key West Multi-Family Property
$5,250,000
8,472 SF

Historic Key West Multi-Family Property

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

314 Simonton Street, Key West, FL 33040
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Key West Duplex with Income
$1,000,000
1,239 SF

Key West Duplex with Income

Well-maintained duplex in Key West with income potential.

2004 Patterson Avenue, Key West, FL 33040
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Key West Multifamily Development Opportunity
$9,888,000
2,071 SF

Key West Multifamily Development Opportunity

Undeveloped ocean-view property in Key West's Historic Commercial Tourist District.

1430 Vernon Avenue, Key West, FL 33040
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Historic Key West Mixed-Use Property
$5,250,000

Historic Key West Mixed-Use Property

Unique historic property near Duval Street with multi-use potential.

314 Simonton Street, Key West, FL 33040
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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 Drive, Key West, FL 33040
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Key West Legal Duplex Opportunity
$1,395,000
1,428 SF

Key West Legal Duplex Opportunity

Historic Key West duplex with investment and expansion potential.

1306 Virginia Street, Key West, FL 33040
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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 Street, Key West, FL 33040
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Key West Residential Duplex
$1,354,000
1,904 SF

Key West Residential Duplex

Residential duplex with long-term rentals in Key West, Florida.

1612 Laird Street, Key West, FL 33040
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Key West Multifamily Residence
$2,175,000
2,150 SF

Key West Multifamily Residence

Historic Key West home with modern amenities and income potential.

1209 Packer Street, 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 - 423 Simonton Street, 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 Street, Key West, FL 33040
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Key West Legal Duplex
$1,785,000
1,932 SF

Key West Legal Duplex

Legal duplex in a quiet neighborhood, close to the beach.

1505 Rose Street, Key West, FL 33040
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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 Drive, Key West, FL 33040
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Key West Multifamily Investment Opportunity
$3,849,000

Key West Multifamily Investment Opportunity

Eight updated units in Old Town Key West. Investment opportunity.

818 Elizabeth Street, Key West, FL 33040
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Key West Multifamily Investment Opportunity
$4,849,000

Key West Multifamily Investment Opportunity

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

818 Elizabeth Street, 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 Street, Key West, FL 33040
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Key West Townhouse Unit Complex
$2,100,000

Key West Townhouse Unit Complex

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

Key West, FL 33040
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Large Tri-Plex with Yard
$1,950,000
0.17 Acres

Large Tri-Plex with Yard

Tri-plex with large yard, renovation potential, and off-street parking.

530 White Street, Key West, FL 33040
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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 23 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
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Key West, FL Multifamily Properties Investment Opportunities Market Analysis

Explore 25 multifamily properties for sale in Key West, FL, showcased through 23 active listings on our real estate platform. These investment opportunities span a total of 98,010 square feet of properties for sale, with an estimated market value of $45,042,998.

Sale prices for multifamily properties in Key West, FL start at $999,999, averaging $2,815,187, and reaching up to $9,888,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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