Active
1409 Truman Avenue
Key West FL, 33040
$1,699,000
$879.40 per sqft
Active
3 Beds
5 Baths
1,932 sqft
Multi-family
Built in 1943
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 duplex, allowing for multi-family living or rental income potential. 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 duplex configuration. 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 $4k 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!
613108
MLSⓇ ID
January 13, 2025
Listed
January 13, 2025
Updated
Map
1409 Truman Avenue
Key West FL, 33040
Interior Features
Total Stories
2
Bedrooms
3
Total Bathrooms
5
Full Bathrooms
4
Half Bathrooms
1
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, Cat 5, Panel, Laundry Room, Other, French Doors, Wood Windows
Appliances
Washer, Stainless Steel Appliance(s), Wine Cooler, Gas Appliances, Disposal, Oven, Range, Refrigerator, Dishwasher, Dryer
Floor Description
Tile, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Ceiling Fans(s)
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.07 Acres
Exterior Features
Fencing, Storage, Shed, Privacy Wall/Fence, Fruit Tree(s)
Roof
Metal Roof, Other Roof, Combo Roof
School Information
School District
No
Other Property Details
Area Name
01 - Key West
Taxes
$5,286
Tax Frequency
Annually
Association Amenities
None
Garage
No
Parking
Off Street Parking
View
Yes
View Description
No Waterview
County
Monroe
Pool
No
Zoning
SF - Single Family
Listed by Michael Sorah with Truman & Co. (KW)
Listing Contact:
The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 1/13/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
©2025 Florida Keys Board of REALTORS® all rights reserved.
Data last updated on 1/13/2025 at 1:47 PM UTC