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Key West Multi-Family Investment Opportunity 818 Elizabeth St

9 Unit Apartment Building $5,725,000 ($636,111/Unit) Key West, FL 33040

Executive Summary

Rare Multi-Family Investment Opportunity in Old Town Key West. This unique property is comprised of nine units, including eight updated one-bedroom, one-bathroom units and one two-bedroom, one-bathroom unit. 3 buildings situated on a 8,042 SqFt lot. It offers an exceptional opportunity for employers seeking staff housing, investors interested in a 1031 Exchange, or those considering a condo conversion. Please note that advanced notice is required to arrange showings, and not all units may be available for viewing as they are currently rented.

Property Facts

Price $5,725,000
Price Per Unit $636,111
Sale Type Investment
No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.19 AC
Building Size 5,317 SF
No. Stories 2
Year Built/Renovated 1928/1999

Unit Amenities

  • Kitchen
  • Oven
  • Range
  • Tub/Shower

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 - -
2+1 1 - -
Walk Score ®
Walker's Paradise (96)
Bike Score ®
Biker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00018340-000000
Land Assessment
$1,515,957
Improvements Assessment
$692,409
Total Assessment
$2,208,366

zoning

Zoning Code HHDR
HHDR
  • Listing ID: 32158092

  • Date on Market: 6/17/2024

  • Last Updated:

  • Address: 818 Elizabeth St, Key West, FL 33040

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