1011 Truman Ave Key West, FL 33040
Old Town NeighborhoodEstimated payment $8,873/month
About This Home
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.
Listing Agent
Berkshire Hathaway HomeServices Knight & Gardner Realty License #BK612006 Listed on: 10/07/2025
Map
Property Details
Home Type
Multi-Family
Year Built
1953
Lot Details
0
Listing Details
- Property Type: Residential
- Style: Multi-Units
- First Right of Refusal: No
- Mandatory HOA: No
- Fee Includes: None
- Key Island: Key West
- K W Neighborhood: Old Town-N of Truman
- Limited Representation: No
- Marathon Neighborhood: N/A
- Mile Marker: 1.00
- Min Rental Days: 30.00
- M L S Identifier: 20060123165453488875000000
- Pets: Pets Allowed
- Property Group I D: 19990816212109142258000000
- Side: Median
- State Province: FL
- Taxes: 3992.98
- Vehicle Storage: Carport, Covered Parking, Off Street Parking
- Year Built: 1953
- Alternate Key Number: 9011773
- Cooling Heating: Central Air, Ceiling Fans(s), Wall/Window Unit(s)
- Lot Sq Ft: 2642.00
- Porch Balcony: Open Porch/Balcony
- Shutters: Other
- Tax Exemptions: None
- Building Style Above Flood: Unknown
- Building Style Stories: 2 Stories
- Estimated Living Sq Ft: 1959.00
- Pre Wired: Cable
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: None
- Property Sub Type: MultiFamily
- Stories: 2
Interior Features
- Total Bathrooms: 3.00
- Full Bathrooms: 2
- Appliances: Dryer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher
- Floor: Tile, Vinyl
- Half Bathrooms: 1
- Windows/Doors: French Doors, Aluminum Windows
- Total Bedrooms: 2
Exterior Features
- Dockage: None
- Waterfront: None
- Waterfront: No
- Construction: CBS
- Exterior Features: Fencing, Privacy Wall/Fence
- Roof: Metal Roof
- Waterview: No Waterview
- Pool: No
Utilities
- Utilities: FKAA, Municipal Sewer
Lot Info
- Deed Restrictions: No
- Flood Zone: 0.2 PCT ANNUAL CHANC
- Parcel Number: 00021000-000100
- Lot Size: 45 x 48
- Land Size: Less Than 1/4 Acre
- Acres: 0.06
Rental Info
- Rentals Allowed: With Restrictions
- Furnished: Negotiable
Tax Info
- Tax Year: 2024
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,993 | $560,458 | -- | -- |
| 2024 | $3,951 | $453,310 | -- | -- |
| 2023 | $3,951 | $443,954 | $0 | $0 |
| 2022 | $3,861 | $440,894 | $0 | $0 |
| 2021 | $3,977 | $433,256 | $0 | $0 |
| 2020 | $3,936 | $430,098 | $0 | $0 |
| 2019 | $3,915 | $425,017 | $0 | $0 |
| 2018 | $3,823 | $417,055 | $0 | $0 |
| 2017 | $3,636 | $381,077 | $0 | $0 |
| 2016 | $3,823 | $382,151 | $0 | $0 |
| 2015 | -- | $372,349 | $0 | $0 |
| 2014 | $3,967 | $373,413 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/02/2025 12/02/25 | Price Changed | $1,625,000 | -11.0% | $830 / Sq Ft |
| 10/07/2025 10/07/25 | For Sale | $1,825,000 | -- | $932 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Trustee Deed | $600,000 | Attorney | |
| Warranty Deed | $1,350,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $416,000 | Future Advance Clause Open End Mortgage |
Source: Key West Association of REALTORS®
MLS Number: 616774
APN: 00021000-000100
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