901 Eisenhower Drive, Key West, FL 33040 (MLS# 613721)

901 Eisenhower Drive, Key West, FL 33040

$4,750,000

Property Type: Commercial Sale Bedrooms: 6 Baths: 5 Square Footage: 3,788 Lot Size (sq. ft.): 15,609 Status: Active

Current Price: $4,750,000 List Date: 2/15/2025 Last Modified: 12/31/2025

Overview

Description

Dreamers and visionaries! Step into the pages of Key West lore with this enchanting 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 bes ... (Read more)

Listing Details MLS# 613721

Location, Tax & Legal

Street #: 901
Street Name: Eisenhower
Street Suffix: Drive
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: Benj Alburys Subd (2.0)
County: Monroe
Area: 01 - Key West
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
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: 25150.11
Tax Year: 2024

Contract Information

Listing Board: Key West Association
Limited Representation: No
As is Rght to Inspct: Yes
For Sale/Lease: For Sale
Potential Short Sale: No
Bank Owned: No
Species List: No

General Property Description

Realtor.COM Type: Commercial
Style: Commercial
Lot SqFt: 15609
Waterfront: Yes
Control Depth: 4
Building SqFt: 3788
SqFt Source: Tax Records
Living Apx SqFt: 3788
Total Units: 5
Year Built: 1912
Total Bedrooms: 6
Full Baths: 5
Total Baths: 5

License Info

# of City License: 5
Non Trans Rntl Lic: Yes

Association Info

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

More Information

Misc Property Info

Recorded Plat: Yes

Property Info

# Kitchens: 5
1 Bed/Bath: 4
2 Bed/Bath: Yes
Cash Flow (Pre-Tax): 100800

Dockage

Seawall: Rip Rap
Basin: Yes
Other Dockage: Yes

Vehicle Storage

Car(s): 4+
Guest Parking: Yes
Common Parking: Yes
Off Street Parking: Yes

Auction Info

Auction: No

Financial Status

Bank Owned: No
Potential Short Sale: No

Remarks & Misc

Remarks – Consumer: Dreamers and visionaries! Step into the pages of Key West lore with this enchanting 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. The property is currently tenant-occupied; please allow 48 hours notice for viewings (and you might not be able to see all units in one go). Buyers to 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, schedule your private showing today!

Deed Restrictions

No: Yes

Type

Apartment 3 or more: Yes
Boat Sales/Service: Yes
Marina: Yes
Office Buildings: Yes
Other Comrcl Style: Yes
Restaurant: Yes

Fee Includes

None: Yes

Accounts & Meters

# Water Meters: Yes
# Electric Meters: 5

Appliances

Dishwasher: Yes
Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Cooling

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

Waterfront

Bay Front: Yes

Electric

Circuit Breakers: Yes
Single Phase: Yes

Waterview

Bay/Gulf View: Yes

Floor

Tile: Yes
Wood: Yes

Interior Features

Cathedral Ceilings: Yes
Smoke Alarms: Yes

Windows/Doors

Aluminum Windows: Yes
Jalousie Windows: Yes
Other Windows/Doors: Yes

Construction

Frame: Yes

Land Size

1/4 - 1/2 Acre: Yes

Terms

Buyer Obtain Finance: Yes
No Seller Finance: Yes
Private Financing: Yes
Other Financing: Yes

Utilities

Buyer to Verify: Yes
FKAA: Yes
Municipal Sewer: Yes
Separate Meters: Yes

Title

Negotiable: Yes

Property Rights

Multi-Use/Commercial: Yes
Transfer Bldg Rights: Yes
Other/See Remarks: Yes

Miscellaneous

High Traffc Location: Yes
High Visibility: Yes
Residence on Premise: Yes

Roof

Metal Roof: Yes

Tenant Paid

Cable: Yes
Electric: Yes
Water: Yes

Property Features

Deed Restrictions: No License Info: Non Trans Rntl Lic Type: Apartment 3 or more; Boat Sales/Service; Marina; Office Buildings; Other Comrcl Style; Restaurant Waterfront: Bay Front Waterview: Bay/Gulf View Dockage: Basin; Other Dockage Vehicle Storage: Common Parking; Guest Parking; Off Street Parking Cooling: Ceiling Fans(s); Wall/Window Unit(s) Utilities: Buyer to Verify; FKAA; Municipal Sewer; Separate Meters Interior Features: Cathedral Ceilings; Smoke Alarms Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Miscellaneous: High Traffc Location; High Visibility; Residence on Premise Construction: Frame Electric: Circuit Breakers; Single Phase Floor: Tile; Wood Roof: Metal Roof Land Size: 1/4 - 1/2 Acre Fee Includes: None Terms: Buyer Obtain Finance; No Seller Finance; Private Financing; Other Financing Title: Negotiable Tenant Paid: Cable; Electric; Water Property Rights: Multi-Use/Commercial; Transfer Bldg Rights; Other/See Remarks

Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Updated: December - 31 - 2025

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