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 Jul 28, 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 across three buildings situated on an 8,042 Sq. Ft. lot, including eight updated one-bedroom, one-bathroom apartments and one two-bedroom, one-bathroom residence. The property offers an exceptional opportunity for employers seeking staff housing, investors completing a 1031 Exchange, or those considering a condominium conversion. For added flexibility, the property may also be purchased separately. The front house is available for $949,000, while the two rear apartment buildings containing the eight apartment units are available for $3,750,000.

Contacts

Location

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

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