1409 Truman Avenue
Key West, FL 33040
- 3 beds
- 3.5 baths
- 1,932 sqft
- 3,213 sqft lot
- $750 per sqft
- 1943 build
- – on site
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!
Last checked:
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Last updated May 1, 2025
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MLS# 613108 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1943
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Construction:Frame
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Style:Duplex
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Building Style:Eyebrow
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Exterior Features:Fencing, Storage, Shed, Privacy Wall/Fence, Fruit Tree(s)
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Windows/Doors:French Doors, Wood Windows
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Roof:Metal Roof, Other Roof, Combo Roof
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Shutters:Panel
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Porch/Balcony:Open Porch/Balcony, Patio
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Accessibility Features:None
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Security:On Premises System
Interior
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Specialty Rooms:Laundry Room, Other
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Furnished:Unfurnished
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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
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Floor:Tile, Wood
Financial & Terms
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Terms:Cash, Conventional
Location
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Directions:US 1 / Truman Ave. East or West. Home will be located between Florida St. and or Pearl St. Home located Northside of Truman Ave. Across from Bayview Park. Free parking across the street from home.
The Property
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Parcel #:00024320-000000
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Property Condition:Updated/Remodeled
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Total Lots:2.00
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Lot SqFt:3213.00
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Acres:0.07
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Land Size:Less Than 1/4 Acre
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Waterfront:None
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Zoning:SF - Single Family
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Waterfront:No
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Waterview:No Waterview
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Flood Zone:0.2 PCT ANNUAL CHANC
Listing Agent
- Contact info:
- Agent phone:
- (305) 771-1514
- Office phone:
- (305) 292-2244
Taxes
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Tax Year:2023
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Taxes:5285.92
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Tax Exemptions:Homestead
Beds
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Total Bedrooms:3
Baths
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Total Baths:4.00
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Full Baths:3
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Half Baths:1
The Listing
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UnBranded Virtual Tour:http://tours.keyspropertyvisuals.com/vtnb/347614
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Bank Owned:No
Heating & Cooling
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Heating:Central
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Cooling:Central Air, Ceiling Fans(s)
Utilities
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Utilities:FKAA, Propane, Cable Available, Elect Separate Meter, Water Separate Meter, Municipal Sewer
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Pre-Wired:Cat 5
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Pub Sewer HkUp:Yes
Appliances
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Appliances:Washer, Stainless Steel Appliance(s), Wine Cooler, Gas Appliances, Disposal, Oven, Range, Refrigerator, Dishwasher, Dryer
The Community
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Subdivision:Benj Alburys Subd (2.0)
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Dockage:None
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Pets:Pets Allowed
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Fee Includes:None
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Association Info: Mandatory Home Owners Asc:No
Parking
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Vehicle Storage:Off Street Parking
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/24/25
Mar 24, 2025
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Price Changed | FLKMLS | $1,450,000 | -3.3% |
|
2/24/25
Feb 24, 2025
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Price Changed | FLKMLS | $1,500,000 | -3.2% |
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2/8/25
Feb 8, 2025
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Price Changed | FLKMLS | $1,550,000 | -3.1% |
