1018 Truman Ave, Key West, FL, 33040

Description

Prime mixed-use investment opportunity in the heart of Old Town Key West on highly visible Truman Avenue. This historic two-story building features commercial space on the ground level and residential units above, creating diversified income in one of the island’s most desirable rental corridors. The property blends classic Key West character with functional updates and strong street presence along a well-traveled route connecting Old Town to midtown. Walking distance to Duval Street, beaches, restaurants, galleries, and neighborhood services, the location supports consistent tenant demand for both residential and commercial spaces. A rare offering in a supply-constrained market, this property presents long-term value, income stability, and future upside in a premier island setting.

Situated in the heart of Old Town Key West, 1018 Truman Avenue offers unbeatable proximity to the vibrant core of one of Florida’s most coveted island communities. This prime mixed-use property is just a short stroll from world-famous Duval Street with its eclectic array of restaurants, galleries, nightlife and boutique shops, and is near historic landmarks, cultural attractions, and local services. The location benefits from strong pedestrian traffic and excellent exposure on a well-traveled Old Town thoroughfare, while still providing convenient access to residential neighborhoods, schools, and coastal amenities. The property sits within a dynamic walkable district where commercial vitality meets classic island charm.