Search for Property

901 Eisenhower Drive, Key West, FL 33040

$4,750,000
Property Type: Residential Bedrooms: 6 Baths: 5 Square Footage: 3,788 Lot Size (sq. ft.): 15,609 Status: Active
Current Price: $4,750,000 List Date: 6/25/2024 Last Modified: 11/30/2025

Description

FULL TRANSIENT RECEIVER ZONE! Ahoy, Dreamers and visionaries, step into the pages of Key West history with this captivating waterfront property, whispering tales of Old Town charm from its perch on the edge of paradise. Built prior to 1912, and lovingly held by the same family for over a century, this sprawling 15,609 square foot lot, zoned General Commercial, awaits your masterpiece. Picture a bustling restaurant serving up fresh seafood and island vibes, a charming boutique hotel nestled amidst tropical gardens, or a tranquil marina where sailboats sway in the gentle breeze. The possibilities are as endless as the ocean views. This unique property boasts a legal five-unit multi-family configuration, including a historic main house and a separate cottage. The main house features four units with a total of 5 bedrooms and 4 bathrooms, perfect for accommodating guests or creating a vibrant community. Meanwhile, the charming cottage, with its 2 bedrooms and 1 bathroom, offers a private oasis for rest and relaxation. Nestled beside Garrison Bight, a stone's throw from Bayview Park and Tennis Courts, and just a bike ride away from some of the island's most stunning beaches and attractions, this location is a true Key West treasure. Now, for the fine print: the property is currently tenant-occupied, so please allow 48 hours notice for viewings (and you might not be able to see all units in one go). Savvy investors should verify restoration and development rights to unlock the full potential of this historic gem. Ready to set sail on a new adventure? This once-in-a-lifetime Key West investment is calling your name. Don't miss out on the chance to turn your dreams into reality!

More Information MLS# 610558

Contract Information

Listing Board: Key West Association As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: No Current Price: $4,750,000 Listing Date: 2024-06-25 List Price: $4,750,000

Location, Tax & Legal

KW Neighborhood: The Meadows City: KEY WEST Off Shore Island: No Mile Marker: 2 Marathon Neighborhood: N/A Side: Bay/Gulf Flood Zone: AE,AE Alternate Key #: 1024015 Parcel #: 00023230-000000 Zoning: CG - General Commercial Deed Restrictions: No Legal: KW BENJ ALBURYS SUBD PB1-3 PT LOT 11 & ALL LOT 12 OF TR 7 Y-586 B3-150 OR393-833/34 OR117-41/42 OR186-490/91 OR771-402/ Taxes: 19731.35 Tax Year: 2023 Pub Sewer HkUp: Yes Street #: 901 Street Name: Eisenhower Street Suffix: Drive Key/Island: Key West State/Province: FL Zip Code: 33040 County: Monroe Subdivision: Benj Alburys Subd (2.0) Area: 01 - Key West

General Property Description

Realtor.COM Type: Multi-family Waterfront: Yes Control Depth: 4 Lot SqFt: 15609 Pool: No Lot Sqft Source: Tax Records Total Units: 5 SqFt Source: Tax Records Rentals Allowed: With Restrictions Min Rental Days: 30 Style: Multi-Units Year Built: 1912 Living Apx SqFt: 3788 Total Bedrooms: 6 Full Baths: 5 Total Baths: 5

Remarks & Misc

Remarks – Consumer: FULL TRANSIENT RECEIVER ZONE! Ahoy, Dreamers and visionaries, step into the pages of Key West history with this captivating waterfront property, whispering tales of Old Town charm from its perch on the edge of paradise. Built prior to 1912, and lovingly held by the same family for over a century, this sprawling 15,609 square foot lot, zoned General Commercial, awaits your masterpiece. Picture a bustling restaurant serving up fresh seafood and island vibes, a charming boutique hotel nestled amidst tropical gardens, or a tranquil marina where sailboats sway in the gentle breeze. The possibilities are as endless as the ocean views. This unique property boasts a legal five-unit multi-family configuration, including a historic main house and a separate cottage. The main house features four units with a total of 5 bedrooms and 4 bathrooms, perfect for accommodating guests or creating a vibrant community. Meanwhile, the charming cottage, with its 2 bedrooms and 1 bathroom, offers a private oasis for rest and relaxation. Nestled beside Garrison Bight, a stone's throw from Bayview Park and Tennis Courts, and just a bike ride away from some of the island's most stunning beaches and attractions, this location is a true Key West treasure. Now, for the fine print: the property is currently tenant-occupied, so please allow 48 hours notice for viewings (and you might not be able to see all units in one go). Savvy investors should verify restoration and development rights to unlock the full potential of this historic gem. Ready to set sail on a new adventure? This once-in-a-lifetime Key West investment is calling your name. Don't miss out on the chance to turn your dreams into reality!

Association Info

Mandatory Home Owners Asc: No Voluntary Home Owners Asc: No 1st Right of Refusal: No Condo Doc's: No Association Fee $: 0

License Info

# of City License: 5

Fee Includes

None: 1

Dockage

None: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Oven: 1 Range: 1 Refrigerator: 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Wall/Window Unit(s): 1

Waterfront

Bay Front: 1

Waterview

Bay/Gulf View: 1

Floor

Wood: 1

Neighborhood Feature

Bike Paths: 1 Tennis Courts: 1 Other Area Features: 1

Property Condition

Fixer Upper: 1

Specialty Rooms

Guest/Servant Qtrs: Legal

Building Style

Above Flood: Unknown Conch: 1

Windows/Doors

Aluminum Windows: 1 Jalousie Windows: 1 Other Windows/Doors: 1

Vehicle Storage

Car(s): 4+ RV Parking Open: 1 Off Street Parking: 1

Construction

Frame: 1

Land Size

1/4 - 1/2 Acre: 1

Furnished

Unfurnished: 1

Terms

Cash: 1 Conventional: 1 VA: 1

Utilities

Buyer to Verify: 1 Cable Available: 1 Elect Separate Meter: 1 FKAA: 1 Municipal Sewer: 1 Water Separate Meter: 1

Porch/Balcony

Open Porch/Balcony: 1

Title

Negotiable: 1

Exterior Features

Rain Gutters: 1

Pre-Wired

Cable: 1

Roof

Metal Roof: 1

Financial Status

Auction: No Bank Owned: No Potential Short Sale: No Standard Sale: Yes

Shutters

Other: 1

Status Change Info

Status: Active

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Bay Front Waterview: Bay/Gulf View Dockage: None Property Condition: Fixer Upper Building Style: Conch Vehicle Storage: Off Street Parking; RV Parking Open Furnished: Unfurnished Cooling: Ceiling Fans(s); Wall/Window Unit(s) Utilities: Buyer to Verify; Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Pre-Wired: Cable Appliances: Dishwasher; Dryer; Oven; Range; Refrigerator; Washer Exterior Features: Rain Gutters Construction: Frame Shutters: Other Floor: Wood Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Bike Paths; Tennis Courts; Other Area Features Land Size: 1/4 - 1/2 Acre Terms: Cash; Conventional; VA Title: Negotiable
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: November - 30 - 2025
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.