1. Florida
2. Key West
3. 1409 Truman Avenue

1409 Truman Avenue, Key West, FL 33040

• 3 beds |
• 4 baths |
• 1,932 sqft

Property Description

This home offers a unique opportunity for flexible living or investment! Currently configured as a single-family residence, it has been approved by the City of Key West to be reverted back to a Multi-family, allowing for up to 4 units. Easily convert the home back to two studios with bath, 1 bedroom 1 bath and a 2 bedroom 1 bath. Welcome to 1409 Truman Avenue, a stunning Key West Eyebrow home that combines historical charm with modern amenities. The spacious layout and design make it easy to transition back to a mult-family configuration of a duplex, triplex or 4 units.. Each potential unit could offer comfortable living spaces, with the square footage allowing for a range of layouts to suit tenants' needs.Based on comparable rentals in the area and the square footage of this property, each unit could command an estimated monthly rent of $3k to 6k monthly, each unit (seasonal variables) providing a lucrative investment opportunity. With the strong rental demand in Key West, this property is perfectly positioned to maximize its potential.Whether you're looking to generate income, create a multi-generational living space, or invest in the vibrant Key West market, this property is a rare find. Contact us for more details and to schedule a showing!

Listing Status:

Active

Listing Office:

Truman & Co. (KW) : (305) 292-2244

Listing Agent:

Michael Sorah : (305) 771-1514

MLS ID:

613108

Interior

• General: Drapes/Blinds InclBuilt-in CabinetsWhirlpool Bath TubWalk-in Closet(s)StorageSmoke AlarmsSecurity SystemDade County PineSplit Bedroom
• Flooring: TileWood
• A/C: Central AirCeiling Fans(s)
• Disability Feature: None

Exterior

Construction

Location

Lot

Utilities

This listing courtesy of Michael Sorah, Truman & Co. (KW)