Advertise
    Key West, FL
    Residential Income

    Key West, FL Residential Income Properties for Sale

    Notify Me
    List
    Map
    Stock Island, FL Summerland Key, FL Big Pine Key, FL Cudjoe Key, FL
    56 properties
    Sort:
    Furnished Duplex with Off-Street Parking
    Updated: Aug 31
    Furnished Duplex with Off-Street Parking

    709 Olivia Street, Key West, FL 33040

    $1,395,000
    1,092 sqft 0.05 AC lot
    Two legal units, each with 1 bedroom and 1.5 bathrooms
    1,092 square feet on a 0.05‑acre fenced corner lot
    Built in 1933 with frame construction and a metal roof
    Each unit includes a private outdoor area and laundry
    Off‑street parking, front porch, and deck
    View details
    Renovated Duplex
    Updated: Jun 22
    Renovated Duplex

    1126 Grinnell Street, Key West, FL 33040

    $1,195,000
    875 sqft 0.03 AC lot
    Two 1‑bedroom, 1‑bath residences in an 875‑square‑foot duplex
    Renovated interiors with European‑style kitchens and stainless steel appliances
    0.03‑acre parcel with private yard space and a deck
    Built in 1929; frame construction with a metal roof
    HNC(1‑3) - Hist Nghborhd zoning
    View details
    Two-Unit Duplex with Pool
    Two-Unit Duplex with Pool

    1300 Ashby Street, Key West, FL 33040

    $1,350,000
    1,760 sqft 0.15 AC lot

    Concrete construction, separate living areas, and a private pool provide a flexible residential configuration.

    View details
    See what stands out in Monroe County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    1300 Ashby Street, Key West, FL 33040

    $1,350,000
    1,760 sqft 0.15 AC lot

    Updated duplex with separate living spaces and SF-1 zoning in Midtown.

    View details
    Six-Unit Bed And Breakfast
    Six-Unit Bed And Breakfast

    223 Eanes Lane, Key West, FL 33040

    $6,999,000
    1,630 sqft 0.12 AC lot

    Licensed transient lodging with private baths, tropical landscaping, and an outdoor pool.

    View details
    Six-Unit Apartment Building
    Six-Unit Apartment Building

    912 Pohalski Street, Key West, FL 33040

    $2,250,000
    3,876 sqft 0.08 AC lot

    Two-story multifamily property with individually metered apartments and dedicated off-street parking.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    1300 Ashby St, Key West, FL 33040

    $1,350,000
    1,760 sqft

    Two independent living areas create flexible residential use with public sewer service and durable metal roofing.

    View details
    Apartment Building with Off-Street Parking
    Apartment Building with Off-Street Parking

    912 Pohalski Street, Key West, FL 33040

    $2,250,000
    3,876 sqft

    Six-unit apartment building with off-street parking and separate electric and water meters for each apartment.

    View details
    Six-Unit Apartment Building
    Six-Unit Apartment Building

    912 Pohalski Street, Key West, FL 33040

    $2,250,000
    3,876 sqft 0.08 AC lot

    Two-story multifamily property with individually metered apartments and dedicated off-street parking.

    View details
    Duplex with Private Pool
    Duplex with Private Pool

    1516 17th Terrace, Key West, FL 33040

    $1,875,000
    2,423 sqft 0.30 AC lot

    Corner duplex with a detached guest cottage, fenced grounds, covered parking, and a private pool.

    View details
    Mixed-Use Corner Property
    Mixed-Use Corner Property

    218 Whitehead Street, Key West, FL 33040

    $4,200,000
    7,755 sqft

    Six retail suites and a three-bedroom apartment combine commercial and residential occupancy in one property.

    View details
    Improved Four-Unit Quadplex
    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 span two levels, with extensive balcony space serving the upper-floor units.

    View details
    Key West Duplex with Redevelopment Rights
    Key West Duplex with Redevelopment Rights

    3711 Eagle Avenue, Key West, FL 33040

    $825,000
    1,464 sqft 0.14 AC lot

    CBS construction, a metal roof, and off-street parking serve this residential property near schools, shopping, beaches, and Old Town.

    View details
    Multifamily Property with Pool
    Multifamily Property with Pool

    1503 Atlantic Boulevard, Key West, FL 33040

    $1,225,000
    2,750 sqft 0.18 AC lot

    Renovation opportunity with a flexible multi-unit layout and concrete pool.

    View details
    Waterfront Triplex with Boat Lift
    Waterfront Triplex with Boat Lift

    Key West, FL 33040

    $2,499,999
    3,568 sqft 0.27 AC lot

    Three separate living spaces provide private entrances, kitchens, laundry areas, and air conditioning for flexible occupancy.

    View details
    Corner Duplex Lot with Cottage
    Corner Duplex Lot with Cottage

    2330 Staples Avenue, Key West, FL 33040

    $999,000
    693 sqft 0.15 AC lot

    Corner lot with a cottage and alley access, plus a demolished second unit ready for new construction.

    View details
    Triplex with Off-Street Parking
    Triplex with Off-Street Parking

    1614 Dennis Street, Key West, FL 33040

    $1,299,000
    2,699 sqft

    Three residential units include two two-bedroom layouts and one upstairs three-bedroom unit.

    View details
    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    1911 Seidenberg Avenue, Key West, FL 33040

    $1,250,000
    1,119 sqft 0.12 AC lot

    Legal duplex with separate metering, screened porches, off-street parking, and updated interiors in Key West.

    View details
    Triplex with Separate Entrances
    Triplex with Separate Entrances

    1504 Flagler Avenue, Key West, FL 33040

    $1,899,999
    2,501 sqft

    Three residential units offer central air, laundry hookups, balconies, and covered parking.

    View details
    HCT-Zoned Multifamily Development Site
    HCT-Zoned Multifamily Development Site

    1430 Vernon Avenue, Key West, FL 33040

    $9,888,000
    2,071 sqft 0.20 AC lot

    Two-story Key West property in the HCT Historic Commercial Tourist District with two separate electric meters.

    View details
    Four-Unit Conch-Style Quadplex
    Four-Unit Conch-Style Quadplex

    1104 Truman Avenue, Key West, FL 33040

    $2,395,000
    3,136 sqft

    Classic island construction with covered porches, off-street parking, and flexible residential or mixed-use possibilities.

    View details
    Legal Duplex with Private Driveway
    Legal Duplex with Private Driveway

    1306 Virginia Street, Key West, FL 33040

    $1,299,999
    1,428 sqft 0.08 AC lot

    Historic legal duplex with separate electric and water meters, offering two-bedroom and one-bedroom living units.

    View details
    Duplex Property with Private Pool
    Duplex Property with Private Pool

    1409 Whalton Street, Key West, FL 33040

    $2,500,000
    1,504 sqft

    Two separate residences provide flexible occupancy, furnished interiors, and individual electric and water meters.

    View details
    Eight-Unit Apartment Property
    Eight-Unit Apartment Property

    818 Elizabeth Street, Key West, FL 33040

    $3,750,000
    3,797 sqft 0.18 AC lot

    Two-building residential asset with one-bedroom, one-bath units and off-street parking.

    View details

    Key West, FL Residential Income Properties Market Trends and Statistics

    Explore 58 residential income properties for sale in Key West, FL, showcased through 56 active listings on our real estate platform. These investment opportunities span a total of 109,387 square feet of properties for sale, with an estimated market value of $101,218,992.

    Sale prices for residential income properties in Key West, FL start at $150,000, averaging $2,108,729, 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.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 49
    Duplexes 22
    Apartment buildings 11
    Short term rental properties 6
    Triplexes 5

    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 $2.2M

    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)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Key West, FL

    Popular Categories

    Most Searched ZIP Codes in Key West, FL

    • 33040

    Featured Key West Real Estate Agencies

    Realmo connects you with licensed Key West CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Berkshire Hathaway Keys Real Estate | Knight & Gardner Realty
    336 Duval St Key West, FL 33040
    Phone: 13052945155
    www.keysrealestate.com
    Truman & Co. Real Estate Services
    1205 Truman Avenue Key West, FL 33040
    Phone: 13052922244
    www.trumanandcompany.com

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!