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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: 12/26/2025 Last Modified: 12/31/2025

Overview

Description

FULL TRANSIENT RECEIVER ZONE! 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 relaxatio ...

Listing Details MLS# 617829

Location, Tax & Legal

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
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
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
Tax Year
2023
Pub Sewer HkUp
Yes

Contract Information

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

General Property Description

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

Association Info

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

License Info

# of City License
5

More Information

Building Style

Above Flood
Unknown
Conch
Yes

Vehicle Storage

Car(s)
4+
RV Parking Open
Yes
Off Street Parking
Yes

Specialty Rooms

Guest/Servant Qtrs
Legal

Financial Status

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

Remarks & Misc

Remarks – Consumer
FULL TRANSIENT RECEIVER ZONE! 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!

Fee Includes

None
Yes

Dockage

None
Yes

Tax Exemptions

None
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Oven
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Pets

Pets Allowed
Yes

Cooling

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

Waterfront

Bay Front
Yes

Waterview

Bay/Gulf View
Yes

Floor

Wood
Yes

Neighborhood Feature

Bike Paths
Yes
Tennis Courts
Yes
Other Area Features
Yes

Property Condition

Fixer Upper
Yes

Windows/Doors

Aluminum Windows
Yes
Jalousie Windows
Yes
Other Windows/Doors
Yes

Construction

Frame
Yes

Land Size

1/4 - 1/2 Acre
Yes

Furnished

Unfurnished
Yes

Terms

Cash
Yes
Conventional
Yes
VA
Yes

Utilities

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

Porch/Balcony

Open Porch/Balcony
Yes

Title

Negotiable
Yes

Exterior Features

Rain Gutters
Yes

Pre-Wired

Cable
Yes

Roof

Metal Roof
Yes

Shutters

Other
Yes

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: December - 31 - 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.