Backup offers
$10,000 Closing Credit¹
#612943, Tammy Stiles, Listing Office: Berkshire Hathaway Knight & Gardner
$1,550,000 List price
1409 Truman Ave Key West, FL 33040
$10,000
Closing credit¹
3 beds
4 full, 1 partial
1,932 sqft
0.07 acres
$802 / sqft
Multi-Family
Property details
About 1409 Truman Ave
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!
Highlights
Home typeDuplex
StatusActive
Size1,932 sqft
Lot size0.07 Acres
Year built1943
ParkingOff Street
MLS #613108
Summary
- MLS Number: 613108
- MLS Name: KeyWest
- Office Name: Truman & Co. (KW)
- Office Phone: (305) 292-2244
- Listing Agent: Michael Sorah
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: 2/23/2025, 3:15:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,550,000
1409 Truman Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 28, 2019 | Home Sold | $699,900 |
| Nov 03, 2003 | Home Sold | $540,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $566,874 | $5,285 |
| 2022 | $550,364 | $5,093 |
| 2021 | $534,334 | $5,093 |
| 2020 | $526,957 | $7,550 |
| 2018 | $741,972 | $7,505 |
| 2017 | $555,377 | $5,540 |
History based on county public records data.
Nearby schools
6
Poinciana Elementary School
Public District PK-5
1.5 mi
•1407 Kennedy Dr
2
Gerald Adams Elementary School
Public District PK-5
3.2 mi
•5855 College Rd
9
Big Pine Academy
Public Charter PK-5
28.0 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 $58,048. The majority of Key West, FL residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
11%
<35k
64%
35k-100k
17%
100k-200k
8%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
70%
Single, No Kids
5%
Single, with Kids
21%
Married, No Kids
4%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
4%
<11 yrs old
2%
12-17 yrs old
18%
18-34 yrs old
60%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Yoga/pilates
Symphony or Opera
Hiking/backpacking
Where do the neighbors shop?
H&M
Chico's
Nordstrom Rack
Where do the neighbors go to eat?
Dominos Pizza
Boston Market
Chipotle
What do the neighbors drive?
Audi
Volvo
Mazda
What do the neighbors listen to?
Alternative
Talk/Personality
Rock
All data provided by Home Junction and Claritas
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This home is located at 1409 Truman Ave in Key West, FL and zip code 33040. This 1,932 square foot home, which was built in 1943, sits on a 0.07 acre lot. Features: 3 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 6, 2025 and is currently priced at $1,550,000.
Between December and January 2025, Key West, FL real estate market has seen increase in the number of listings by 50%. In January 2025, listings were on the market for 262 days. During the same period, the median list price in this real estate market was $1,170,000.
From Rocket Homes Real Estate and based on county public records data.