#610578, Damian Vantriglia, Listing Office: Berkshire Hathaway Knight & Gardner
1028-1030 Truman Ave Key West, FL 33040
Property details
About 1028-1030 Truman Ave
Prime Mixed-Use Investment Opportunity in Key West!Built in 2021 to current building codes, this exceptional four-unit commercial and residential compound is a rare find in the heart of Key West. A perfect 1031 Exchange candidate, this versatile property includes two licensed townhouse residences and two licensed commercial units, offering excellent income potential and flexibility.The commercial building, positioned street-side, is a two-story frame structure with high visibility on Truman Avenue. The ground floor offers approximately 1,112 square feet of open commercial space, while the second floor spans approximately 800 square feet and features a 30-foot-wide balcony overlooking Truman Avenue. An ADA-compliant elevator provides easy access to the second floor. Both levels include fully ADA-compliant restrooms, nine-foot-high ceilings, recessed lighting, ceiling fans, central air conditioning, washer and dryer hookups, and are pre-wired and plumbed for refrigerators and sinks. At the rear of the property, the residential portion consists of a two-story, common-wall duplex, with each unit offering approximately 1,015 square feet of living space. Designed for comfort and style, each unit features two bedrooms and two and a half bathrooms, vaulted ceilings in the upstairs bedrooms, spacious island kitchens, tile flooring, and private shaded rear decks. The property is thoughtfully designed with a beautifully landscaped common courtyard that separates the commercial and residential buildings, enhancing privacy and curb appeal. This turnkey mixed-use property presents a rare opportunity to own a high-quality, income-producing asset in one of Key West's most desirable locations. Don't miss out on this exceptional investment! *Note: 3D Tour is only of the 2 residential units.*
Highlights
Summary
- MLS Number: 613823
- MLS Name: KeyWest
- Office Name: Truman & Co. (KW)
- Office Phone: (305) 395-2360
- Listing Agent: Team Spottswood/Vazquez
The data relating to real estate for sale on this web site comes in part from the IDX Program of Key West Association of REALTORS®, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Key West Association of REALTORS®, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/20/2025, 3:15:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,795,000
1028-1030 Truman Ave
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Price information
Property sales
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Tax history
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Nearby schools
6
Poinciana Elementary School
Public District PK-5
2.5 mi
•1407 Kennedy Dr
2
Gerald Adams Elementary School
Public District PK-5
4.2 mi
•5855 College Rd
9
Big Pine Academy
Public Charter PK-5
29.0 mi
•30220 Overseas Hwy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,714. The majority of Key West, FL residents have income less than $<35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
Similar homes for sale
This home is located at 1028-1030 Truman Ave in Key West, FL and zip code 33040. This 4,013 square foot home, which was built in 2021, sits on a 0.11 acre lot. Features: 4 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since February 21, 2025 and is currently priced at $2,795,000.
Key West, FL housing market in March 2025 saw over 5 listings sold above listed price, more than 6 sold at listed price and over 41 sold below. The number of homes for sale in Key West, FL increased by 9.3% between February and March 2025. While the average time on the market in March 2025 was 96 days, the median list price was $1,050,000.