$1,609,000

1209 Truman Ave Unit 1 & 2 Key West, FL 33040

The Meadows Neighborhood

Estimated payment $9,216/month

Total Views 201
3 Beds
3 Baths
1,992 Sq Ft
$808 Price per Sq Ft

About This Home

Live & Work in the Heart of Old Town Key West!An exceptional opportunity to own both a commercial space and a residential condo in one of Key West's most vibrant and high-visibility locations. Located directly on bustling Truman Avenue across from the historic Harvey Government Center, this concrete-constructed commercial condo features large storefront windows, flexible interior space, and four off-street parking spots--ideal for a professional office, spa, wellness studio, boutique retail, medical office or gallery.At the rear of the property, a beautifully updated 1-bedroom residential unit offers the perfect live/work solution or income-generating rental. Nestled in the sought-after White Street Gallery District, you're steps from restaurants, cafes, grocery stores, yoga studios, Bayview Park, and a short bike ride to the beach and recreation like tennis, bocce & pickle ball courts.Own your space, secure your future, and simplify your lifestyle--all in the heart of Old Town Key West.

Listing Agent

Ellen Gvili

Ocean Sotheby's International Realty License #3043680 Listed on: 07/14/2025

Ocean Sotheby's International Realty

Co-Listing Agent

Marc Ulanowski

Equestrian Sotheby's International Realty License #3251327

Map

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,955

Year Built

1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • Additional Assessor Parcel Number 1: 8731051
  • Additional Assessor Parcel Number 2: 8731060
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 1815.00
  • Mandatory HOA: Yes
  • Fee Includes: Building Insurance
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Median
  • State Province: FL
  • Taxes: 4133.52
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1960
  • Alternate Key Number: 8731051
  • Building Style: Other Bldg Style
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Association Maintenance Fee Per: Monthly
  • Shutters: Accordion, Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1992.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Drapes/Blinds Incl
  • Floor Number: 1.00
  • Total Bathrooms: 3.00
  • Full Bathrooms: 1
  • Appliances: Washer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Combo
  • Half Bathrooms: 2
  • Windows/Doors: Glass Doors, Aluminum Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Combo Construction
  • Roof: Other Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00024430-000101
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

Multi Family

  • Total Units: 2.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $3,955 $484,342 -- $484,342
2023 $3,955 $484,342 $0 $484,342
2022 $3,567 $439,027 $0 $439,027
2021 $3,502 $415,080 $0 $415,080
2020 $3,327 $415,080 $0 $415,080
2019 $3,154 $405,080 $0 $405,080
2018 $3,057 $405,080 $0 $0
2017 $2,658 $315,046 $0 $0
2016 $2,316 $217,477 $0 $0
2015 $2,366 $217,477 $0 $0
2014 $2,453 $217,477 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 For Sale $1,609,000 -- $808 / Sq Ft
Source: Key West Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $146,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $20,000 Future Advance Clause Open End Mortgage
Source: Public Records

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Source: Key West Association of REALTORS®

MLS Number: 615799

Key West Association of REALTORS®

APN: 00024430-000101