Price Change History: -8.77% ($149,000) 2 Price Changes : Last Change 8 Days Ago
1409 Truman Avenue , FL - KEY WEST
3 Beds, 4 Baths (full), Duplex
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 youre 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!
Listing Summary for 1409 Truman Avenue
Price:
$1,550,000
Bedrooms:
3
Bathrooms:
4
Half Baths:
1
Square Footage:
1,932
Lot Sq. Ft.:
n/a
Year Built:
1943
Property Type:
Multi-family
Sub-Type:
Duplex
MLS® #:
613108
Status:
Active
Address:
1409 Truman Avenue
City:
Key West
State:
FL
Zip:
33040
County:
Monroe
Key:
Key West
Side of Island:
Median
Community:
Benj Alburys Subdivisiond
Mile Marker:
2.00
Tax Year:
2023
Date Listed:
01-13-2025
Additional Information
Is Waterfront:
No
Waterfront Type:
None
View
No Waterview
Has Pool:
No
Pool Info:
n/a
Short Sale:
No
Foreclosure:
No
Pets:
Pets Allowed
Docakge Type:
None
Dockage Length:
n/a
Dockage Seawall:
n/a
Dockage Construction:
n/a
Security:
On Premises System
Building Construction:
Frame
Similar Listings For Sale to 1409 Truman Avenue
Benj Alburys Subdivisiond Key West Homes
The information being provided by the Florida Keys MLS is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. The MLS data provided for the property above (613108) is provided courtesy of (Truman & Co. (KW)). Data last updated on 02-24-2025.
