New Listing
1501 Truman Avenue,KEY WEST, FL 33040
KEY WEST, FL 33040
Description
Exceptional Key West Investment Opportunity with 3 Transient Licenses. The property consists of four private one bedrooms, one bath units, each featuring its own kitchen, living area, bedroom, and full bathroom. Most importantly, three of the four units benefit from transient rental licenses allowing nightly rentals, an increasingly rare and valuable asset in the Key West market. The fourth unit is currently rented monthly. Guests enjoy a shared private courtyard with a swimming pool, creating an inviting tropical setting and a desirable amenity for vacation renters. The property also offers three parking spaces, an added convenience in Key West. Renovated in 2018, the units blend classic Key West character with modern updates. Features include Dade County pine, engineered wood flooring, granite countertops, updated kitchen cabinetry and appliances, along with updated plumbing and electrical systems. Each unit is designed to operate independently, making the property well suited for continued use as an income producing investment.
Details
| MLS # | 621522 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1928 |
| Days On Site | 2 |
| Listing Provided By | Berkshire Hathaway HomeServices Knight & Gardner Realty | Jenna Vega Blackwell |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,214 |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | HMDR - Historic Medium Density R |
| Acreage | 0.10 |
| Property View | No Waterview |
Taxes
| Property | 21730 |
|---|
Area Information
| State | FL |
|---|---|
| County | Monroe |
| City | KEY WEST |
| Zip Code | 33040 |
| Area | 01 Key West |
| Community Name | The Meadows (1.0) |
| Listing VS Median (in The Meadows (1.0)) | |
Price: $3,750,000 low | high Med: $2,199,500 sqft: 2,214 low | high Med: 1,420 $ / sqft: $1,694 low | high Med: $1,365 On site: 2 low | high Med: 12 | |
Market Activity 33040
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The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Key Colony Beach Realty, Inc. are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.
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Learn More About This Property
| State | FL |
|---|---|
| County | Monroe |
| City | KEY WEST |
| Zip Code | 33040 |
| Area | 01 Key West |
| Community Name | The Meadows (1.0) |
| Listing VS Median (in The Meadows (1.0)) | |
Price: $3,750,000 low | high Med: $2,199,500 sqft: 2,214 low | high Med: 1,420 $ / sqft: $1,694 low | high Med: $1,365 On site: 2 low | high Med: 12 | |
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