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$3,795,000
Key West, FL 33040
MLS# 621561
3 beds | 5 baths | 2024 sqft
1 / 36
Property Description
Rare Old Town mixed-use opportunity at 1011 Whitehead Street, just steps from Duval Street, the Key West Lighthouse and the Hemingway Home. This historic property features three beautifully updated, furnished one-bedroom residences, each with its own kitchen and transient rental license, allowing the units to be rented individually or together. Private patios and balconies add classic Key West charm, while a street-level commercial storefront provides an additional income-producing component. With three valuable transient licenses, flexible use and an iconic walkable location, this is a unique opportunity to own a distinctive piece of Key West.
Details
Maps
Contract Information
Listing Board: Key West Association
As is Rght to Inspct: Yes
Current Price: $3,795,000
Listing Date: 2026-10-09
List Price: $3,795,000
Location, Tax & Legal
KW Neighborhood: Old Town-S of Truman
City: KEY WEST
Mile Marker: 0.5
Marathon Neighborhood: N/A
Side: Median
Flood Zone: 0.2 PCT ANNUAL CHANC
Alternate Key #: 8682425
Parcel #: 00027330-000200
Zoning: HMDR - Historic Medium Density Residential
Deed Restrictions: Unknown
Legal: KW PT SUB 8 PT LOT 3 SQR 3 TR 11 OR950-337 OR1012-1916R/S OR1094-2147 OR1460-262/63R/S OR1637-811/12 OR2089-1776AFF OR21
Taxes: 8504.34
Tax Year: 2025
Pub Sewer HkUp: Yes
Street #: 1011
Street Name: Whitehead
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Old Town - Unlisted (1.0)
Area: 02 - Key West
General Property Description
Realtor.COM Type: Multi-family
Waterfront: No
Control Depth: 0
Lot Size: X
Lot SqFt: 1125
Pool: No
Lot Sqft Source: Tax Records
Total Units: 4
Acres: 0.03
SqFt Source: Tax Records
Rentals Allowed: Yes
Min Rental Days: 1
Style: Multi-Units
Year Built: 1918
Living Apx SqFt: 2024
Total Bedrooms: 3
Full Baths: 3
Half Baths: 2
Total Baths: 5
Remarks & Misc
Remarks – Consumer: Rare Old Town mixed-use opportunity at 1011 Whitehead Street, just steps from Duval Street, the Key West Lighthouse and the Hemingway Home.
This historic property features three beautifully updated, furnished one-bedroom residences, each with its own kitchen and transient rental license, allowing the units to be rented individually or together. Private patios and balconies add classic Key West charm, while a street-level commercial storefront provides an additional income-producing component.
With three valuable transient licenses, flexible use and an iconic walkable location, this is a unique opportunity to own a distinctive piece of Key West.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
License Info
Transient Rntl Licns: Yes
Fee Includes
None: 1
Dockage
None: 1
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Microwave: 1
Oven: 1
Range: 1
Refrigerator: 1
Pets
Pets Allowed: 1
Cooling
Ductless: 1
Waterfront
None: 1
Waterview
No Waterview: 1
Interior Features
Built-in Cabinets: 1
Drapes/Blinds Incl: 1
Granite Counter Top: 1
Storage: 1
Window Treatments: 1
Building Style
Above Flood: Unknown
Stories: 3 Stories
Construction
Frame: 1
Land Size
Less Than 1/4 Acre: 1
Furnished
Furnished: 1
Utilities
Elect Separate Meter: 1
FKAA: 1
Municipal Sewer: 1
Porch/Balcony
Deck: 1
Open Porch/Balcony: 1
Status Change Info
Status: Active
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: None
Waterview: No Waterview
Dockage: None
Furnished: Furnished
Cooling: Ductless
Utilities: Elect Separate Meter; FKAA; Municipal Sewer
Interior Features: Built-in Cabinets; Drapes/Blinds Incl; Granite Counter Top; Storage; Window Treatments
Appliances: Dishwasher; Microwave; Oven; Range; Refrigerator
Construction: Frame
Pets: Pets Allowed
Land Size: Less Than 1/4 Acre
Listing Office: Realty ONE Group Destination
Last Updated: October - 11 - 2026
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