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  1. Commercial Properties
  2. FL
  3. Florida Keys
  4. Key West

818 Elizabeth St

For Sale

818 Elizabeth St, Key West, FL 33040

Situated in the heart of Old Town Key West, 818 Elizabeth Street enjoys a prime residential and investment location just north of Truman Avenue. The property is surrounded by historic architecture, lush tropical landscaping, and the charm that defines one of Key West’s most desirable neighborhoods. Residents benefit from walkable access to world-famous Duval Street, nearby dining, shopping, and cultural attractions, while still enjoying the quiet, residential character of Elizabeth Street. Its position in Flood Zone X further enhances long-term stability and value.Rare Multi-Family Investment Opportunity in Old Town Key West. This unique property is comprised of nine units across three buildings situated on an 8,042 Sq. Ft. lot, including eight updated one-bedroom, one-bathroom apartments and one two-bedroom, one-bathroom residence. The property offers an exceptional opportunity for employers seeking staff housing, investors completing a 1031 Exchange, or those considering a condominium conversion. For added flexibility, the property may also be purchased separately. The front house is available for $899,000, while the two rear apartment buildings containing the eight apartment units are available for $3,650,000.

Building Details

  • For Sale $4,549,000
  • Property Type Multi-Family
  • Property Size 5,317 SF
  • Units 9
  • Lot Size 0.18 Acre
  • Additional Rent Price on request
  • Building Class C
  • Year Built 1928
  • Date Updated Oct 7, 2026
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Contacts

broker
Team Gardner-Langley

Keys Real Estate | Knight & Gardner Realty

Location

  • City Key West, FL
  • Neighborhood Old Town Key West
  • Zip Code 33040
  • Map
  • Street
  • Walk score 96/100 Walker's Paradise
  • Transit score 28/100 Some Transit
  • Bike score 92/100 Biker's Paradise
Powered by Walk Score ®

Points of Interest

Chevron

0.43 miles

Citgo

0.43 miles

Circle K

0.96 miles

Shell

1.00 miles

Owen's Oco-Pep

1.16 miles

Electrify America

2.20 miles

Mobil

2.27 miles

Old Town Garage

0.51 miles

201 Front Street Garage

0.64 miles

Key West Tropical Forest & Botanical Garden

3.36 miles

Oceans Edge Resort & Marina Parking

4.46 miles

Tropical Rent-A-Car

0.42 miles

Hydro Thunder

0.61 miles

Enterprise

1.60 miles

Key West Jeep Adventures

2.60 miles

Avis

2.79 miles

Dollar Rent-A-Car

2.79 miles

Uppy's Clean Machine

2.83 miles

Seven Fish

0.03 miles

Sugar Apple Organic Restaurant

0.09 miles

Dueces Grill

0.10 miles

Better Than Sex

0.13 miles

Duffy’s

0.13 miles

Papa John's

0.16 miles

Subway

0.16 miles

Key West Cuban Coffee

0.16 miles

Le Petit Paris

0.16 miles

Nine One Five

0.18 miles

Olivia Street Grocery

0.13 miles

Faustos

0.30 miles

Fausto's Food Palace

0.50 miles

Bealls Outlet

1.54 miles

Gordon Food Service

1.56 miles

Ross

1.77 miles

Winn-Dixie

1.84 miles

Publix

1.93 miles

Atlantic Grocery

2.13 miles

TJ Maxx

2.34 miles

Key West Police Department

0.73 miles

Key West Central Fire Station

0.75 miles

Sunset Key Fire Station

1.14 miles

Walgreens

1.80 miles

dePoo Medical Building

2.05 miles

Key West Fire Station 3

2.11 miles

Key West Police Substation

2.58 miles

Monroe County Sheriff's Office Aviation Division

3.31 miles

Monroe County Sheriff's Office Headquarters

3.37 miles

Lower Keys Medical Center

3.96 miles

Listing Summary

  • Property Financials

    818 Elizabeth St is currently listed for sale at $4,549,000 for a price per square foot of $855.56.

  • Property Details

    818 Elizabeth St totals 5,317 square feet of Multi-Family space on a lot spanning 0.18 acres. The property was initially built in 1928.

    Based on its location, amenities, and finishes, the property is listed as class C.

  • Area Characteristics

    818 Elizabeth St is located in the Old Town Key West neighborhood.

    In terms of ease of commuting, the area has a walk score of 96, indicating that it is perfect for walking.

Contact Team Gardner-Langley
broker
Team Gardner-Langley

Keys Real Estate | Knight & Gardner Realty

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