1011 Truman Avenue, Key West, FL 33040

$1,450,000

Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 1,959 Lot Size (sq. ft.): 2,642 Status: Contingent/Show

Current Price: $1,450,000 List Date: 10/07/2025 Last Modified: 2/26/2026

Description

1011 Truman Avenue is a stylish mixed-use property located in the heart of Old Town, Key West. The building includes three legal units with one covered off street parking space and sits in the desirable X-Flood Zone. The ground floor features a 795 sq. ft. professional office space with an industrial feel and a half bath, along with a 416 sq. ft. one-bedroom unit that includes a full bathroom and hookups for a kitchenette—perfect for converting into an efficiency. Upstairs, you'll find a stunning 720 sq. ft. one-bedroom, one-bath loft with an open layout that includes a living and dining area, a partitioned bedroom, a beautiful master bath, a kitchen, and a private covered patio.

More Information MLS# 616774

Contract Information

Listing Board: Key West Association Current Price: $1,450,000 Listing Date: 2025-10-07 List Price: $1,450,000

Location, Tax & Legal

KW Neighborhood: Old Town-N of Truman City: KEY WEST Mile Marker: 1 Marathon Neighborhood: N/A Side: Median Flood Zone: 0.2 PCT ANNUAL CHANC Alternate Key #: 9011773 Parcel #: 00021000-000100 Zoning: HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med Deed Restrictions: No Legal: KW PT LOT 12 SQR 3 TR 6 OR45-294/95 OR314-470/71 OR466-131 OR875-790 OR943-1246 OR1010-1293 OR1345-981/2F/J OR1442-352 O Taxes: 3992.98 Tax Year: 2024 Pub Sewer HkUp: Yes Street #: 1011 Street Name: Truman Street Suffix: Avenue Key/Island: Key West State/Province: FL Zip Code: 33040 County: Monroe Subdivision: Old Town - Unrecord (1.0) Area: 01 - Key West

General Property Description

Realtor.COM Type: Multi-family Waterfront: No Control Depth: 0 Lot Size: 45 x 48 Lot SqFt: 2642 Pool: No Total Units: 0 Acres: 0.06 SqFt Source: Property Data Card Rentals Allowed: With Restrictions Min Rental Days: 30 Style: Multi-Units Year Built: 1953 Living Apx SqFt: 1959 Total Bedrooms: 2 Full Baths: 2 Half Baths: 1 Total Baths: 3

Remarks & Misc

Remarks – Consumer: 1011 Truman Avenue is a stylish mixed-use property located in the heart of Old Town, Key West. The building includes three legal units with one covered off street parking space and sits in the desirable X-Flood Zone. The ground floor features a 795 sq. ft. professional office space with an industrial feel and a half bath, along with a 416 sq. ft. one-bedroom unit that includes a full bathroom and hookups for a kitchenette—perfect for converting into an efficiency. Upstairs, you'll find a stunning 720 sq. ft. one-bedroom, one-bath loft with an open layout that includes a living and dining area, a partitioned bedroom, a beautiful master bath, a kitchen, and a private covered patio.

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee $: 0

Fee Includes

None: 1

Dockage

None: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Oven: 1 Range: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1 Wall/Window Unit(s): 1

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Tile: 1 Vinyl: 1

Building Style

Above Flood: Unknown Stories: 2 Stories

Windows/Doors

Aluminum Windows: 1 French Doors: 1

Vehicle Storage

Carport: 1 Covered Parking: 1 Off Street Parking: 1

Construction

CBS: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Negotiable: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Open Porch/Balcony: 1

Exterior Features

Fencing: 1 Privacy Wall/Fence: 1

Pre-Wired

Cable: 1

Roof

Metal Roof: 1

Shutters

Other: 1

Status Change Info

Contingent: Contingent/Show Status: Contingent/Show

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Carport; Covered Parking; Off Street Parking Furnished: Negotiable Cooling: Ceiling Fans(s); Central Air; Wall/Window Unit(s) Utilities: FKAA; Municipal Sewer Pre-Wired: Cable Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s) Exterior Features: Fencing; Privacy Wall/Fence Construction: CBS Shutters: Other Floor: Tile; Vinyl Roof: Metal Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre

Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Updated: February - 26 - 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.

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