USAFLKey WestThe Meadows (1.0)1501 Truman Ave
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$3,750,000

For Sale

4 days ago

1501 Truman Ave, Key West, FL

House

MLS® 621522

4 Bed

4 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $21,731
Days Active 2
Lot Size 0.1 Acres
Approx. Age 1928
MLS® Number 621522

Property Address: 1501 Truman Ave, Key West, FL, 33040-7252

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional Key West Investment Opportunity with 3 Transient Licenses. The property consists of four private one bedrooms, one bath units, each featuring its own kitchen, living area, bedroom, and full bathroom. Most importantly, three of the four units benefit from transient rental licenses allowing nightly rentals, an increasingly rare and valuable asset in the Key West market. The fourth unit is currently rented monthly. Guests enjoy a shared private courtyard with a swimming pool, creating an inviting tropical setting and a desirable amenity for vacation renters. The property also offers three parking spaces, an added convenience in Key West. Renovated in 2018, the units blend classic Key West character with modern updates. Features include Dade County pine, engineered wood flooring, granite countertops, updated kitchen cabinetry and appliances, along with updated plumbing and electrical systems. Each unit is designed to operate independently, making the property well suited for continued use as an income producing investment.
MLS® Number621522
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1928
Basement
Driveway
Garage Spaces
Heat
A/CWall/Window Unit(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 6, 2026List Date
$3,750,000List Price
  • Commute

Commute

Starting Address
Destination Address
1501 Truman Ave, Key West, FL

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