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909 & 913 Thomas Street, Key West, FL 33040

$2,000,000
Property Type: Residential Bedrooms: 8 Baths: 8 Square Footage: 3,532 Lot Size (sq. ft.): 7,667 Status: Closed
Current Price: $2,000,000 List Date: 7/21/2025 Last Modified: 3/03/2026

Overview

Description

Situated in the heart of Old Town Key West, this exceptional multi-family property offers four well-maintained 2-bedroom, 2-bathroom apartments—perfectly positioned for strong, consistent rental income. Just a short stroll to Duval Street, renowned restaurants, the Truman Waterfront, and local attractions, this property is ideally located for long-term or monthly rentals. Each unit features a private entrance, full kitchen, and a bright, functional layout, making it a turnkey opportunity for investors. The property also includes a 3,898 sq ft vacant lot directly behind the main building, offering rare development or expansion potential. The lot benefits from a dedicated access strip that connects directly to the frontage road, providing valuable street access and enhancing its usability for future projects. Whether you're looking to expand your portfolio, develop additional units, or simply hold a high-demand rental asset with room to grow, this is a rare find in one of Key Wes ...

Listing Details MLS# 615878

Location, Tax & Legal

Street #
909 & 913
Street Name
Thomas
Street Suffix
Street
Key/Island
Key West
State/Province
FL
Zip Code
33040
County
Monroe
Subdivision
Old Town - Unlisted (1.0)
Area
02 - Key West

Contract Information

Listing Board
Marathon/Lower Keys

General Property Description

Realtor.COM Type
Multi-family
Style
Multi-Units
Waterfront
No
Pool
No
Year Built
1968
Lot SqFt
7666.83
Lot Sqft Source
Property Data Card
Living Apx SqFt
3532
SqFt Source
Property Data Card
Total Bedrooms
8
Full Baths
8
Total Baths
8
Rentals Allowed
With Restrictions

Status Change Info

Under Contract Date
2025-12-18
Leased Date
2026-02-27

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No

Building Style

Above Flood
No

More Information

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Utilities: Buyer to Verify; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Appliances: Dishwasher; Dryer; Oven; Range; Refrigerator Construction: CBS; Combo Construction; Concrete Pets: Pets Allowed Land Size: More than 1 Lot
Listing Office: Buy The Keys
Last Updated: March - 03 - 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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