About 1018 Truman Avenue
Prime mixed-use investment opportunity in the heart of Key West. This well-maintained historic building features two commercial units on the ground floor with excellent visibility and foot traffic, plus five 1-bed, 1-bath residential units upstairs, creating high, diversified income. The property offers classic Old Town character with functional updates, multiple electric meters, and solid rental performance. A rare side yard and covered upper porch add additional tenant appeal. Fully leased to established tenants, this turnkey asset is ideal for investors seeking stable cash flow in a highly desirable location, just minutes from Duval Street, beaches, and Key West's top dining and entertainment.
Features of 1018 Truman Avenue
| MLS® # | 618332 |
|---|---|
| Price | $1,625,000 |
| Bedrooms | 5 |
| Bathrooms | 7.00 |
| Full Baths | 5 |
| Half Baths | 2 |
| Square Footage | 3,846 |
| Year Built | 1914 |
| Type | Commercial Sale |
| Sub-Type | Commercial |
| Status | Active |
Community Information
| Address | 1018 Truman Avenue |
|---|---|
| Area | 02 - Key West |
| Subdivision | Gwynn Sub (1.0) |
| City | KEY WEST |
| County | Monroe |
| State | FL |
| Zip Code | 33040 |
Amenities
| Utilities | Buyer to Verify |
|---|---|
| View | No Waterview |
| Is Waterfront | No |
| Waterfront | None |
Exterior
| Lot Description | More than 1 Lot |
|---|---|
| Construction | Frame |
Additional Information
| Date Listed | January 27th, 2026 |
|---|---|
| Days on Market | 39 |
| Zoning | HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Team Gardner/langley |
|---|---|
| Office | Berkshire Hathaway HomeServices Knight & Gardner Realty |