$1,850,000
Key West, FL 33040
MLS# 621449
2 beds | 6 baths | 2604 sqft
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Property Description
This Commercial Residential mixed use building offers an excellent investment or owner operator opportunity. A prime location 513 Truman has excellent visibility with heavy foot and vehicular traffic. Downstairs is a large commercial space currently vacant. It could easily accommodate numerous commercial tenants. Upstairs are two apartments including a one bedroom one bath and a large studio. Both residential units have modern finishes including full kitchen, granite counters, stainless appliances, ample closet space and a shared laundry room. Each unit features a private balcony. The original building was renovated and a large two story addition was built in 2010 which included the two apartments and an addition to the commercial space. There is parking for 2/3 cars tandem style on the side of the building. This versitile property is a rare find.
Details
Maps
Contract Information
Current Price: $1,850,000
Listing Date: 2026-09-29
Listing Board: Key West Association
Monthly Rent: $1,850,000
Limited Representation: No
Potential Short Sale: No
Bank Owned: No
Location, Tax & Legal
Street #: 513
Street Name: Truman
Street Suffix: Avenue
Key/Island: Key West
State/Province: FL
Zip Code: 33040
Subdivision: Old Town - Unrecord (1.0)
County: Monroe
Area: 01 - Key West
General Property Description
Realtor.COM Type: Commercial
Style: Commercial
Lot Size: 36 X 107
Lot SqFt: 3852
Waterfront: No
# Parking Spaces: 2
Off Street Parking: 2
# Stories: 2
Building SqFt: 2604
SqFt Source: Tax Records
Living Apx SqFt: 2604
Total Units: 3
Year Built: 1913
Total Bedrooms: 2
Full Baths: 4
Half Baths: 2
Total Baths: 6
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Property Info
# Efficiencies: 1
# Range/Ovens: 2
# Washers: 1
# Dryers: 1
1 Bed/Bath: 1
Vehicle Storage
Car(s): 3
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Status: Active
Property Features
License Info: Non Trans Rntl Lic
Type: Other Services
Waterfront: None
Waterview: No Waterview
Dockage: None
Vehicle Storage: Off Street Parking
Cooling: Central Air
Utilities: FKAA; Municipal Sewer
Interior Features: Laundry Room; Smoke Alarms; Window Treatments
Appliances: Dryer; Range; Refrigerator; Washer
Construction: Combo Construction
Electric: Circuit Breakers
Shutters: Panel
Floor: Combo; Tile; Wood
Roof: Metal Roof
Land Size: Less Than 1/4 Acre
Fee Includes: None
Listing Office: Preferred Properties (KW)
Last Updated: October - 15 - 2026
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