818 Elizabeth Street, Key West, FL 33040

$3,750,000
Property Type: Commercial Sale Bedrooms: 8 Baths: 8 Square Footage: 3,797 Lot Size (sq. ft.): 8,042 Status: Active
Current Price: $3,750,000 List Date: 2/02/2026 Last Modified: 7/23/2026

Overview

Description

Rare Multi-Family Investment Opportunity in Old Town Key West. This unique property is comprised of eight updated one-bedroom, one-bathroom units. 2 buildings situated on a 5,575 SqFt lot. It offers an exceptional opportunity for employers seeking staff housing, investors interested in a 1031 Exchange, or those considering a condo conversion. Please note that advanced notice is required to arrange showings, and not all units may be available for viewing as they are currently rented.

Listing Details MLS# 618438

Location, Tax & Legal

Street #
818
Street Name
Elizabeth
Street Suffix
Street
Key/Island
Key West
State/Province
FL
Zip Code
33040
Subdivision
Old Town - Unlisted (1.0)
County
Monroe
Area
02 - Key West

Contract Information

Listing Board
Key West Association
Limited Representation
No
Potential Short Sale
No
Bank Owned
No

General Property Description

Realtor.COM Type
Multi-Family
Style
Residential Income
Lot SqFt
8042
Waterfront
No
Building SqFt
3797
Living Apx SqFt
3797
Year Built
1928
Total Bedrooms
8
Full Baths
8
Total Baths
8

License Info

# of City License
8

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No

More Information

Financial Status

Bank Owned
No
Potential Short Sale
No

Property Features

License Info: Non Trans Rntl Lic Type: Apartment 3 or more Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Off Street Parking Cooling: Wall/Window Unit(s) Utilities: FKAA; Municipal Sewer; Separate Meters Appliances: Range; Refrigerator Miscellaneous: Sprinkler System; Other Miscellaneous Construction: ICFs (Insulated Concrete Forms) Floor: Tile Roof: Metal Roof Land Size: Less Than 1/4 Acre Fee Includes: Other
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: July - 23 - 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.