
909 & 913 Thomas St Key West, FL 33040
Old Town NeighborhoodEstimated payment $14,098/month
About This Home
Situated in the heart of Old Town Key West, this exceptional multi-family property offers four well-maintained 2-bedroom, 1-bathroom apartments--perfectly positioned for strong, consistent rental income. Just a short stroll to Duval Street, renowned restaurants, the Truman Waterfront, and local attractions, this property is ideally located for long-term or monthly rentals.Each unit features a private entrance, full kitchen, and a bright, functional layout, making it a turnkey opportunity for investors. The property also includes a 3,898 sq ft vacant lot directly behind the main building, offering rare development or expansion potential. The lot benefits from a dedicated access strip that connects directly to the frontage road, providing valuable street access and enhancing its usability for future projects.Whether you're looking to expand your portfolio, develop additional units, or simply hold a high-demand rental asset with room to grow, this is a rare find in one of Key West's most desirable neighborhoods.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,277
Year Built
- Built in 1968
Home Design
- 3,532 Sq Ft Home
- Pre-Cast Concrete Construction
Kitchen
- Oven
- Range
- Dishwasher
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Utilities
- Separate Meters
- Public Hookup Available For Sewer
Additional Features
- Dryer
- 865.1 Acre Lot
Community Details
Overview
- No Home Owners Association
- Old Town Unlisted Subdivision
- Rental Restrictions
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/21/2025 06/21/25 | For Sale | $2,378,000 | -- | $673 / Sq Ft |
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Source: Marathon and Lower Keys Association of REALTORS®
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