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$2,750,000

5331 5th Ave Key West, FL 33040

1 bed
1 full
1,200 sqft
0.2 acres
$2,292 / sqft
Multi-Family

Property details

About 5331 5th Ave

Discover an exceptional investment opportunity with this sale, featuring a total of 4 parcels encompassing 30,000 square feet of prime real estate. This property includes two commercial units, totalling1,108 square feet of versatile space perfect for your business ventures. In addition, there are six (6) residential units, boasting a combined total of 6 bedrooms and 6 bathrooms across 4,597 square feet, making it ideal for rental income or multi-family living. Plus, take advantage of a vacant lot that provides endless possibilities for development or expansion. Don't miss your chance to own this diverse and valuable property!

Highlights

Home typeMulti Family
StatusActive
Size1,200 sqft
Lot size0.17 Acres
Year built1938
MLS #614930

Summary

  • Full Bathrooms: 1
  • Total Bedroom Count: 1
  • Architectural Style: Multi-Units
  • List Price: $2,750,000
  • Price/SqFt: $2,291
  • Year Built: 1938
  • Living Area: 1,200 SqFt
  • Lot Size: 0.17 Acres
  • MLS Number: 614930
  • MLS Name: KeyWest
  • Office Name: ICAMCO Realty LLC, dba Cosgrove Realty
  • Office Phone: (305) 396-3045
  • Listing Agent: Peter E Batty

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: 7/25/2025, 6:45:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jul 25, 2022
Home Sold
$2,500,000

Tax history

We're sorry, we currently don't have tax history data for this listing.

History based on county public records data.

Nearby schools

2

Gerald Adams Elementary School

Public District PK-5

0.9 mi

5855 College Rd

6

Poinciana Elementary School

Public District PK-5

1.5 mi

1407 Kennedy Dr

9

Big Pine Academy

Public Charter PK-5

25.0 mi

30220 Overseas Hwy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $39,063. Residents of Key West, FL typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

40%
<35k
53%
35k-100k
5%
100k-200k
2%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

55%
Single, No Kids
19%
Single, with Kids
13%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
6%
12-17 yrs old
26%
18-34 yrs old
41%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • SoccerSoccer
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • BurlingtonBurlington
  • Forever 21Forever 21
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Dominos PizzaDominos Pizza
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • DodgeDodge
  • MazdaMazda
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5331 5th Ave

The listing price of 5331 5th Ave property is $2,750,000.

The property 5331 5th Ave is a multi located in Key West, Florida, 33040.

Active Listing: 5331 5th Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5331 5th Ave are: Gerald Adams Elementary School (GreatSchools Rating 2/10), Poinciana Elementary School (GreatSchools Rating 6/10), Big Pine Academy (GreatSchools Rating 9/10), Sigsbee Charter School (GreatSchools Rating 7/10), Horace O'Bryant School (GreatSchools Rating 3/10), May Sands Montessori School (GreatSchools Rating 5/10), Key West High School (GreatSchools Rating 5/10), Somerset Island Preparatory (GreatSchools Rating 6/10), Monroe Virtual Instruction Program (GreatSchools Rating 2/10).

The last sale was on July 25, 2022 for $2,500,000 (source: MLS/tax record).

The property 5331 5th Ave is 1,200 SqFt (source: MLS/tax record).

The year of construction for 5331 5th Ave is 1938.

This home is located at 5331 5th Ave in Key West, FL and zip code 33040. This 1,200 square foot home, which was built in 1938, sits on a 0.17 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 7, 2025 and is currently priced at $2,750,000.

While more than 2 listings in Key West, FL in June 2025 were sold above asking price, there were more than 8 listings sold at asking price, and more than 35 were sold below. The inventory of homes for sale in Key West, FL between May and June 2025 increased by 2%. While the average time on the market in June 2025 was 91 days, the median list price was $1,100,000.

From Rocket Homes Real Estate and based on county public records data.

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