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$2,378,000

909 Thomas St Key West, FL 33040

8 beds
4 full
3,532 sqft
$673 / sqft
Multi-Family

Property details

About 909 Thomas St

Situated in the heart of Old Town Key West, this exceptional multi-family property offers four well-maintained 2-bedroom, 1-bathroom apartments--perfectly positioned for strong, consistent rental income. Just a short stroll to Duval Street, renowned restaurants, the Truman Waterfront, and local attractions, this property is ideally located for long-term or monthly rentals.Each unit features a private entrance, full kitchen, and a bright, functional layout, making it a turnkey opportunity for investors. The property also includes a 3,898 sq ft vacant lot directly behind the main building, offering rare development or expansion potential. The lot benefits from a dedicated access strip that connects directly to the frontage road, providing valuable street access and enhancing its usability for future projects.Whether you're looking to expand your portfolio, develop additional units, or simply hold a high-demand rental asset with room to grow, this is a rare find in one of Key West's most desirable neighborhoods.

Highlights

Home typeMulti Family
StatusActive
Size3,532 sqft
Year built1968
MLS #615878

Summary

  • Full Bathrooms: 4
  • Appliances: Dishwasher, Dryer, Refrigerator, Oven, Range
  • Total Bedroom Count: 8
  • Architectural Style: Multi-Units
  • List Price: $2,378,000
  • Price/SqFt: $673
  • Annual Tax Amount: $11,268
  • Tax Year: 2023
  • Year Built: 1968
  • Living Area: 3,532 SqFt
  • MLS Number: 615878
  • MLS Name: Marathon
  • Office Name: Buy The Keys
  • Office Phone: (305) 916-9020

IDXInformation is deemed to be reliable, but is not guaranteed. © 2025 MLS. Based on information from the Marathon and Lower Keys Association of REALTORS®. The information on this sheet has been made available by the MLS and may not be the listing of the provider. All properties are subject to prior sale, change or withdrawal. The information being provided is 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. IDX data is deemed reliable but is not guaranteed accurate by the MLS.
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, 7:45:35 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
Nov 24, 1998
Home Sold
$313,700

Tax history

YearAssessmentProperty Tax
2023$1,350,903$11,268
2022$971,004$9,494
2021$830,036$9,494

History based on county public records data.

Nearby schools

6

Poinciana Elementary School

Public District PK-5

2.4 mi

1407 Kennedy Dr

2

Gerald Adams Elementary School

Public District PK-5

4.1 mi

5855 College Rd

9

Big Pine Academy

Public Charter PK-5

28.9 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 $41,786. Most Key West, FL residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

42%
<35k
45%
35k-100k
13%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

71%
Single, No Kids
10%
Single, with Kids
12%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
5%
12-17 yrs old
28%
18-34 yrs old
45%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Pro BoxingPro Boxing
  • Continuing Education CoursesContinuing Education Courses

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • PopeyesPopeyes
  • QdobaQdoba

What do the neighbors drive?

  • CadillacCadillac
  • DodgeDodge
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • JazzJazz
  • Urban ContemporaryUrban Contemporary
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 909 Thomas St

The listing price of 909 Thomas St property is $2,378,000.

The property 909 Thomas St is a multi located in Key West, Florida, 33040.

Active Listing: 909 Thomas St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 909 Thomas St are: Poinciana Elementary School (GreatSchools Rating 6/10), Gerald Adams Elementary School (GreatSchools Rating 2/10), Big Pine Academy (GreatSchools Rating 9/10), May Sands Montessori School (GreatSchools Rating 5/10), Horace O'Bryant School (GreatSchools Rating 3/10), Sigsbee Charter School (GreatSchools Rating 7/10), Monroe Virtual Instruction Program (GreatSchools Rating 2/10), Somerset Island Preparatory (GreatSchools Rating 6/10), Key West High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $11,268 (source: MLS/based on county public records data).

The last sale was on November 24, 1998 for $313,700 (source: MLS/tax record).

The property 909 Thomas St is 3,532 SqFt (source: MLS/tax record).

The year of construction for 909 Thomas St is 1968.

This home is located at 909 Thomas St in Key West, FL and zip code 33040. This 3,532 square foot home was built in 1968. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 21, 2025 and is currently priced at $2,378,000.

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. In June 2025 in Key West, FL there were 2% more homes for sale than in May. In June 2025 median list price was $1,100,000 and the average listing age was 91 days.

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

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