Quadplex

Key West, FL Quadplexes for Sale

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Stock Island, FL Summerland Key, FL Big Pine Key, FL Cudjoe Key, FL
Four-Unit Quadplex with Pool
Updated: Oct 6
Four-Unit Quadplex with Pool

1501 Truman Avenue, Key West, FL 33040

$3,750,000
2,214 sqft 0.10 AC lot
Four one‑bedroom, one‑bathroom units with 2,214 square feet total
Transient rental licenses for three of the four units
Fourth unit currently rented monthly
Shared courtyard and swimming pool
Three off‑street parking spaces
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Improved Four-Unit Quadplex
Updated: May 1
Improved Four-Unit Quadplex

1224 2nd Street, Key West, FL 33040

$1,700,000
3,000 sqft 0.16 AC lot
Four two‑bedroom residences totaling approximately 3,000 square feet
Each residence contains approximately 750 square feet
Upper‑level residences include approximately 960 square feet of combined balcony space
New standing‑seam metal roof and impact‑resistant windows and doors
Concrete, stucco, and exterior improvements completed
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Four-Unit Multifamily Property
Four-Unit Multifamily Property

919-921 Thomas Street, Key West, FL 33040

$3,750,000
3,015 sqft 0.14 AC lot

Private heated pool, hot tub, and outdoor shower serve the residential compound.

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Four-Unit Short-Term Rental Property
Four-Unit Short-Term Rental Property

1501 Truman Avenue, Key West, FL 33040

$3,750,000

Three units hold transient licenses for nightly stays; the remaining unit is leased monthly.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Key West, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Four-Unit Quadplex with New Roof
Four-Unit Quadplex with New Roof

1478 NW 2nd Ave, Florida City, FL 33034

$625,000
2,280 sqft

Block construction with separate water and electric meters serving each residence.

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Four-Unit Quadplex with Central Air
Four-Unit Quadplex with Central Air

430 SW 10th Ave, Homestead, FL 33030

$1,250,000
4,248 sqft

Four occupied units in a block-built quadplex, each with 3 bedrooms and 1.5 baths; central air.

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Four-Unit Townhome Portfolio
Four-Unit Townhome Portfolio

1148 SE 2nd St, Florida City, FL 33034

$1,600,000

For-sale four separately owned, detached townhome units sold together with 100% occupancy.

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Fourplex with Development Potential
Fourplex with Development Potential

520 SW Krome Ter, Homestead, FL 33030

$1,475,000

Fourplex near Krome Avenue with development potential and steady income.

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Key West, FL Quadplexes Market Trends and Statistics

Explore 4 quadplexes for sale in Key West, FL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 8,229 square feet of properties for sale, with an estimated market value of $12,950,000.

Sale prices for four-unit buildings in Key West, FL start at $1,700,000, averaging $3,237,500, and reaching up to $3,750,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 12
Apartment buildings 8
Short term rental properties 7
Quadplexes 4
Triplexes 2

Demographics Overview

Population 36K
Population Growth (5Y) +3.8%
Median Household Income $79,038
College Educated 17.6%

High-Yield Neighborhoods for Investment

Identify Key West submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
33040 $2.7M

Taxes & Financing

Tax Rate (average for all types) 0.71%
Property Tax per SF $10.90 per SF
Tax Rate vs County Average 0.03 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Monroe County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Residential Income pricing trends in Monroe County

Residential Income

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