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1104 Truman Avenue, Key West, FL 33040

$2,470,000
Property Type: Commercial Sale Bedrooms: 5 Baths: 4 Square Footage: 3,136 Lot Size (sq. ft.): 5,717 Status: Active
Current Price: $2,470,000 List Date: 5/16/2026 Last Modified: 6/09/2026

Overview

Description

Prime Old Town Key West Location with 55 ft of Truman Avenue Frontage and Fantastic Off Street Parking. The property currently consists of four licensed rental apartments; one 2BR/1BA unit and three 1BR/1BA units. Flexible layout supports a variety of uses including long-term rentals, monthly vacation rentals, employee housing, or mixed-use potential with commercial use on the ground level and residential above. The property also offers the potential to be reimagined as a spacious single-family residence. (Buyer to verify) Property formerly configured for two business offices. Perfect for your business downstairs and reside upstairs. Generous off-street parking; a rare and valuable feature in Old Town, enhances desirability for business and/or residential occupants. Classic Conch-style construction with covered porches adds to the property's island appeal and long-term value. This is an extremely well-located property with multiple use possibilities. Buyer to verify any ...

Listing Details MLS# 619930

Location, Tax & Legal

Street #
1104
Street Name
Truman
Street Suffix
Avenue
Key/Island
Key West
State/Province
FL
Zip Code
33040
Subdivision
Gwynn Sub (1.0)
County
Monroe
Area
02 - Key West
KW Neighborhood
Old Town-S of Truman
City
KEY WEST
Off Shore Island
No
Mile Marker
1
Marathon Neighborhood
N/A
Side
Median
Flood Zone
0.2 PCT ANNUAL CHANC
Alternate Key #
1033341
Parcel #
00032580000000
Zoning
HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
Legal
Kw Gwynn Sub 0-195 Lot 16 Sqr 1 Tr 13 O-212 G7-1 Or281-437 Or406-880 Or991-2308 Or2980-0870 Or2980-0872 Or3216-0934
Taxes
13790.99
Tax Year
2025

Contract Information

Listing Board
Key West Association
Limited Representation
No
As is Rght to Inspct
Yes
Potential Short Sale
No
Bank Owned
No

General Property Description

Realtor.COM Type
Commercial
Style
Commercial
Lot SqFt
5717
Waterfront
No
# Parking Spaces
4+
Off Street Parking
Yes
# Stories
2
Total # Buildings
Yes
Building SqFt
3136
Living Apx SqFt
3136
Total Units
4
Year Built
1928
Total Bedrooms
5
Full Baths
4
Total Baths
4
Control Depth
0

License Info

# of City License
4
Non Trans Rntl Lic
Yes

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No
Association Fee $
0

More Information

Vehicle Storage

Car(s)
4+
Garage
Yes
Detached
Yes
Off Street Parking
Yes

Financial Status

Bank Owned
No
Potential Short Sale
No

Remarks & Misc

Remarks – Consumer
Prime Old Town Key West Location with 55 ft of Truman Avenue Frontage and Fantastic Off Street Parking. The property currently consists of four licensed rental apartments; one 2BR/1BA unit and three 1BR/1BA units. Flexible layout supports a variety of uses including long-term rentals, monthly vacation rentals, employee housing, or mixed-use potential with commercial use on the ground level and residential above. The property also offers the potential to be reimagined as a spacious single-family residence. (Buyer to verify) Property formerly configured for two business offices. Perfect for your business downstairs and reside upstairs. Generous off-street parking; a rare and valuable feature in Old Town, enhances desirability for business and/or residential occupants. Classic Conch-style construction with covered porches adds to the property's island appeal and long-term value. This is an extremely well-located property with multiple use possibilities. Buyer to verify any conversion from existing use.

Type

Apartment 3 or more
Yes
Office Buildings
Yes

Fee Includes

None
Yes

Dockage

None
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Cooling

Ceiling Fans(s)
Yes
Central Air
Yes
Wall/Window Unit(s)
Yes

Heating

Varies by Unit
Yes

Waterfront

None
Yes

Waterview

No Waterview
Yes

Floor

Combo
Yes

Interior Features

Smoke Alarms
Yes

Windows/Doors

Aluminum Windows
Yes
Other Windows/Doors
Yes

Construction

Frame
Yes

Land Size

Less Than 1/4 Acre
Yes

Utilities

FKAA
Yes
Separate Meters
Yes

Title

Negotiable
Yes

Property Rights

Other/See Remarks
Yes

Miscellaneous

Fencing
Yes
High Traffc Location
Yes
High Visibility
Yes

Roof

Metal Roof
Yes

Shutters

Other
Yes

Tenant Paid

Electric
Yes

Property Features

License Info: Non Trans Rntl Lic Type: Apartment 3 or more; Office Buildings Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Garage; Detached; Off Street Parking Cooling: Ceiling Fans(s); Central Air; Wall/Window Unit(s) Heating: Varies by Unit Utilities: FKAA; Separate Meters Interior Features: Smoke Alarms Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Miscellaneous: Fencing; High Traffc Location; High Visibility Construction: Frame Shutters: Other Floor: Combo Roof: Metal Roof Land Size: Less Than 1/4 Acre Fee Includes: None Title: Negotiable Tenant Paid: Electric Property Rights: Other/See Remarks
Listing Office: Location 3 Real Estate of KW Inc (KW)
Last Updated: June - 09 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.
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