About 1409 Truman Avenue
This home offers a unique opportunity for flexible living or investment! Currently configured as a single-family residence, it has been approved by the City of Key West to be reverted back to a Multi-family, allowing for up to 4 units. Easily convert the home back to two studios with bath, 1 bedroom 1 bath and a 2 bedroom 1 bath. Welcome to 1409 Truman Avenue, a stunning Key West Eyebrow home that combines historical charm with modern amenities. The spacious layout and design make it easy to transition back to a mult-family configuration of a duplex, triplex or 4 units.. Each potential unit could offer comfortable living spaces, with the square footage allowing for a range of layouts to suit tenants' needs.Based on comparable rentals in the area and the square footage of this property, each unit could command an estimated monthly rent of $3k to 6k monthly, each unit (seasonal variables) providing a lucrative investment opportunity. With the strong rental demand in Key West, this property is perfectly positioned to maximize its potential.Whether you're looking to generate income, create a multi-generational living space, or invest in the vibrant Key West market, this property is a rare find. Contact us for more details and to schedule a showing!
Features of 1409 Truman Avenue
| MLS® # | 613108 |
|---|---|
| Price | $1,299,000 |
| Bedrooms | 3 |
| Bathrooms | 4.00 |
| Full Baths | 3 |
| Half Baths | 1 |
| Square Footage | 1,932 |
| Land Size | 3,049 |
| Year Built | 1943 |
| Type | Residential |
| Sub-Type | Duplex |
| Style | Eyebrow |
| Status | Active |
Community Information
| Address | 1409 Truman Avenue |
|---|---|
| Area | 01 - Key West |
| Subdivision | Benj Alburys Subd (2.0) |
| City | KEY WEST |
| County | Monroe |
| State | FL |
| Zip Code | 33040 |
Amenities
| Utilities | FKAA, Propane, Cable Available, Elect Separate Meter, Water Separate Meter, Municipal Sewer |
|---|---|
| Parking | Open Parking |
| View | No Waterview |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Interior Features | Drapes/Blinds Incl, Built-in Cabinets, Whirlpool Bath Tub, Walk-in Closet(s), Storage, Smoke Alarms, Security System, Dade County Pine, Split Bedroom |
|---|---|
| Appliances | Washer, Stainless Steel Appliance(s), Wine Cooler, Gas Appliances, Disposal, Oven, Range, Refrigerator, Dishwasher, Dryer |
| Heating | Central |
| Cooling | Central Air, Ceiling Fans(s) |
| Fireplace | No |
| Stories | 2 Stories |
Exterior
| Exterior Features | Fencing, Storage, Shed, Privacy Wall/Fence, Fruit Tree(s) |
|---|---|
| Lot Description | Less Than 1/4 Acre |
| Windows | French Doors, Wood Windows |
| Roof | Metal Roof, Other Roof, Combo Roof |
| Construction | Frame |
Additional Information
| Date Listed | January 13th, 2025 |
|---|---|
| Days on Market | 295 |
| Zoning | SF - Single Family |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 0.00 |
Listing Details
| Agent | Michael Sorah |
|---|---|
| Office | Truman & Co. (KW) |