818 Elizabeth Street, Key West, FL 33040 (MLS# 616601)

818 Elizabeth Street, Key West, FL 33040

$4,699,000

Property Type: Commercial Sale Bedrooms: 10 Baths: 10 Square Footage: 5,317 Lot Size (sq. ft.): 8,042 Status: Active

Current Price: $4,699,000 List Date: 9/24/2025 Last Modified: 7/23/2026

Overview

Description

Rare Multi-Family Investment Opportunity in Old Town Key West. This unique property is comprised of nine units, including eight updated one-bedroom, one-bathroom units and one two-bedroom, one-bathroom unit. 3 buildings situated on a 8,042 SqFt lot. It offers an exceptional opportunity for employers seeking staff housing, investors interested in a 1031 Exchange, or those considering a condo conversion. Please note that advanced notice is required to arrange showings, and not all units may be available for viewing as they are currently rented.

Listing Details MLS# 616601

Location, Tax & Legal

Street #: 818
Street Name: Elizabeth
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: Old Town - Unlisted (1.0)
County: Monroe
Area: 02 - Key West

Contract Information

Listing Board: Key West Association
Limited Representation: No
Potential Short Sale: No
Bank Owned: No

General Property Description

Realtor.COM Type: Multi-Family
Style: Residential Income
Lot SqFt: 8042
Waterfront: No
# Stories: 2
Total # Buildings: 3
Building SqFt: 5317
Living Apx SqFt: 5317
Total Units: 10
Year Built: 1928
Total Bedrooms: 10
Full Baths: 10
Total Baths: 10

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No

Financial Status

Bank Owned: No
Potential Short Sale: No

More Information

Property Features

License Info: Non Trans Rntl Lic Type: Apartment 3 or more Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Off Street Parking Cooling: Wall/Window Unit(s) Utilities: FKAA; Municipal Sewer; Separate Meters Miscellaneous: Sprinkler System; Other Miscellaneous Construction: ICFs (Insulated Concrete Forms) Roof: Metal Roof Land Size: Less Than 1/4 Acre Fee Includes: Other

Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Updated: July - 23 - 2026

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