818 Elizabeth St

818 Elizabeth St, Key West, FL 33040

Property Information

  • For Sale $4,794,000
  • Property Type Multi-Family
  • Property Size 5,317 SF
  • Units 10
  • Lot Size 0.19 Acre
  • Building Class C
  • Year Built 1944
  • Date Updated May 14, 2026

Description

Situated in the heart of Old Town Key West, 818 Elizabeth Street enjoys a prime residential and investment location just north of Truman Avenue. The property is surrounded by historic architecture, lush tropical landscaping, and the charm that defines one of Key West’s most desirable neighborhoods. Residents benefit from walkable access to world-famous Duval Street, nearby dining, shopping, and cultural attractions, while still enjoying the quiet, residential character of Elizabeth Street. Its position in Flood Zone X further enhances long-term stability and value.Rare Multi-Family Investment Opportunity in Old Town Key West. This unique property is comprised of nine units, including eight updated one-bedroom, one-bathroom units and one two-bedroom, one-bathroom unit across three buildings situated on an 8,042 SqFt lot. The property offers an exceptional opportunity for employers seeking staff housing, investors interested in a 1031 Exchange, or those considering a condo conversion. The front house and rear eight-unit compound may also be purchased separately. Please note that advanced notice is required to arrange showings, and not all units may be available for viewing as they are currently rented long term.

Contacts

Team Gardner-Langley

Keys Real Estate | Knight & Gardner Realty

Location

Located at 818 Elizabeth St, Key West, FL 33040, this property is part of the Old Town Key West neighborhood.

Contact Listing Broker
Team Gardner-Langley

Keys Real Estate | Knight & Gardner Realty

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