Search
$2,250,000
Key West, FL 33040
MLS# 620102
10 beds | 6 baths | 3876 sqft
1 / 53
Property Description
Prime Multi Unit property in Old Town. Six legal apartments with 6 off street parking spaces is rarely available. There is a total of 10 bedrooms and 6 baths, divided into Three 1bd/1ba units, Two 2 bd/1ba units and one 3bd/1ba unit. Two story CBS & Frame building has total of 3,876 sf. Building sits on good size 3,598 sf. lot that runs from Pohalski St. to Havana Lane giving each tenant easy access to their apartment and off street parking spot. Each apartment has it's own separate Electric and Water meter. Lot sits in a BFE flood zone, former X flood zone, and is high and dry. Gross rents total $14,500 per month with limited expenses. Property has been in the family for generations and ready to pass on to a new owner. Perfect for a long term investor, 1031 Exchange Replacement Property or Employee Housing!
Details
Maps
Contract Information
Listing Board: Key West Association
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No
Current Price: $2,250,000
Listing Date: 2026-05-31
List Price: $2,250,000
Location, Tax & Legal
KW Neighborhood: Old Town-N of Truman
City: KEY WEST
Mile Marker: 1
Marathon Neighborhood: N/A
Side: Median
Flood Zone: 0.2 PCT ANNUAL CHANC
Alternate Key #: 1021857
Parcel #: 00021110000000
Zoning: HHDR - Historic High Density Residential
Deed Restrictions: Unknown
Legal: Kw Pb 1-46 All Lots 15-16 And Pt Lots 21 And 22 Of Tr 6 A4-463 D3-3 Or679-248/49 Or2334-289 Or2507-416 Or2923-2212/13
Taxes: 15509.34
Tax Year: 2025
Pub Sewer HkUp: Yes
Street #: 912
Street Name: Pohalski
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Old Town - Unrecord (1.0)
Area: 01 - Key West
General Property Description
Realtor.COM Type: Multi-family
Waterfront: No
Control Depth: 0
Lot Size: X
Lot SqFt: 3598
Pool: No
Total Units: 6
Acres: 0.08
SqFt Source: Tax Records
Rentals Allowed: With Restrictions
Style: Multi-Units
Year Built: 1988
Living Apx SqFt: 3876
Total Bedrooms: 10
Full Baths: 6
Total Baths: 6
Remarks & Misc
Remarks – Consumer: Prime Multi Unit property in Old Town. Six legal apartments with 6 off street parking spaces is rarely available.
There is a total of 10 bedrooms and 6 baths, divided into Three 1bd/1ba units, Two 2 bd/1ba units and one 3bd/1ba unit. Two story CBS & Frame building has total of 3,876 sf. Building sits on good size 3,598 sf. lot that runs from Pohalski St. to Havana Lane giving each tenant easy access to their apartment and off street parking spot. Each apartment has it's own separate Electric and Water meter. Lot sits in a BFE flood zone, former X flood zone, and is high and dry. Gross rents total $14,500 per month with limited expenses. Property has been in the family for generations and ready to pass on to a new owner. Perfect for a long term investor, 1031 Exchange Replacement Property or Employee Housing!
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
License Info
# of City License: 6
# of County License: 6
Fee Includes
None: 1
Dockage
None: 1
Tax Exemptions
None: 1
Appliances
Refrigerator: 1
Cooling
Wall/Window Unit(s): 1
Waterfront
None: 1
Waterview
No Waterview: 1
Floor
Other: 1
Interior Features
Other: 1
Building Style
Above Flood: Unknown
Windows/Doors
Other Windows/Doors: 1
Vehicle Storage
Off Street Parking: 1
Construction
CBS: 1
Frame: 1
Land Size
Less Than 1/4 Acre: 1
Utilities
Municipal Sewer: 1
Title
Negotiable: 1
Roof
Other Roof: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Status: Active
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: None
Waterview: No Waterview
Dockage: None
Vehicle Storage: Off Street Parking
Cooling: Wall/Window Unit(s)
Utilities: Municipal Sewer
Interior Features: Other
Appliances: Refrigerator
Construction: CBS; Frame
Floor: Other
Roof: Other Roof
Land Size: Less Than 1/4 Acre
Title: Negotiable
Listing Office: RE/MAX Keys Connection (KW)
Last Updated: May - 31 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral 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.