Search MLS
$2,990,000
Key West, FL 33040
MLS# 607893
6 beds | 6 baths | 3146 sqft
1 / 54
Property Description
Step into the reimagined 1116 Truman Avenue. Located in the historic neighborhood of Old Town, this newly renovated compound with 2 structures, offers a range of opportunities to suit your lifestyle. The property is well-sited in the X-Flood zone and consists of 3 units in 2 separate buildings for a total of 6 bedrooms and 5.5 bathrooms. The front house, renovated from the ground up, features an upstairs 2 bedrooms and 1 bathroom, 775sf, unit with soaring vaulted ceilings, an open floor plan, kitchen, and its own private 2nd floor porch. The downstairs unit features 2 bedrooms and 2 bathrooms, 1,091sf, an open floor plan for entertaining, kitchen, and direct access to the heated swimming pool. The third unit is the rear building, consisting of new construction, has 2 bedrooms and 2.5 bathrooms, 1,280sf, with vaulted ceilings and en suite bathrooms in both bedrooms, a full kitchen with island, and a covered porch with views of the pool. With both buildings updated to today's standard surrounded with tropical vegetation around the perimeter for privacy, the property is a harmonious blend of style, comfort, and investment potential. A short bike ride from world famous Duval Street and walking or biking distance to the island's best restaurants, shopping, and galleries. Schedule your private showing today! **Seller financing available. **Currently set up as 3 separate units. The front historic building, during renovations, was framed in advance to convert the two unit into a single-family 4BD/3BA with a 2BD/2.5BA guest house in the back.
Details
Maps
Contract Information
Current Price: $2,990,000
Listing Date: 2023-12-18
Listing Board: Key West Association
List Price: $2,990,000
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No
Location, Tax & Legal
Street #: 1116
Street Name: Truman
Street Suffix: Avenue
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Gwynn Sub (1.0)
Mile Marker: 1
Area: 02 - Key West
KW Neighborhood: Old Town-S of Truman
Marathon Neighborhood: N/A
Side: Median
Flood Zone: X-500
Alternate Key #: 1033154
Parcel #: 00032400-000000
Zoning: HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med
Deed Restrictions: No
Legal: KW GWYNN SUB 0-195 PT LOTS 3-4 SQR 1 TR 13 G11-402 OR739-403 OR817-1294 OR1646-435 OR2655-235 OR2706-1881 OR2782-221 OR
Taxes: 14129.19
Tax Year: 2023
Pub Sewer HkUp: Yes
General Property Description
Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: No
Pool: Yes
Year Built: 1928
Lot SqFt: 3788
Living Apx SqFt: 3146
SqFt Source: Survey
Total Bedrooms: 6
Full Baths: 5
Half Baths: 1
Total Baths: 6
Rentals Allowed: With Restrictions
Remarks & Misc
Remarks – Consumer: Step into the reimagined 1116 Truman Avenue. Located in the historic neighborhood of Old Town, this newly renovated compound with 2 structures, offers a range of opportunities to suit your lifestyle. The property is well-sited in the X-Flood zone and consists of 3 units in 2 separate buildings for a total of 6 bedrooms and 5.5 bathrooms. The front house, renovated from the ground up, features an upstairs 2 bedrooms and 1 bathroom, 775sf, unit with soaring vaulted ceilings, an open floor plan, kitchen, and its own private 2nd floor porch. The downstairs unit features 2 bedrooms and 2 bathrooms, 1,091sf, an open floor plan for entertaining, kitchen, and direct access to the heated swimming pool. The third unit is the rear building, consisting of new construction, has 2 bedrooms and 2.5 bathrooms, 1,280sf, with vaulted ceilings and en suite bathrooms in both bedrooms, a full kitchen with island, and a covered porch with views of the pool. With both buildings updated to today's standard surrounded with tropical vegetation around the perimeter for privacy, the property is a harmonious blend of style, comfort, and investment potential. A short bike ride from world famous Duval Street and walking or biking distance to the island's best restaurants, shopping, and galleries. Schedule your private showing today!
**Seller financing available.
**Currently set up as 3 separate units. The front historic building, during renovations, was framed in advance to convert the two unit into a single-family 4BD/3BA with a 2BD/2.5BA guest house in the back.
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
# of County License: 3
Building Style
Above Flood: Yes
Stories: 2 Stories
Pool Info
Heated: Yes
Financial Status
Auction: No
Bank Owned: No
Potential Short Sale: No
Standard Sale: Yes
Property Features
Fee Includes: None
Tax Exemptions: None
License Info: Non Trans Rntl Lic
Waterfront: None
Waterview: No Waterview
Dockage: None
Property Condition: New Construction; Updated/Remodeled
Building Style: Conch
Furnished: Negotiable
Cooling: Ceiling Fans(s); Central Air
Heating: Electric; Separate Meters
Porch/Balcony: Deck; Open Porch/Balcony; Patio
Utilities: Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Washer
Exterior Features: Fencing; Privacy Wall/Fence; Rain Gutters
Pool Info: In Ground; Salt Water; Decked
Construction: Frame; Hardi Board Siding
Windows/Doors: Impact Rstnce Doors; Impact Rstnce Window
Floor: Combo
Roof: Metal Roof
Pets: Pets Allowed
Neighborhood Feature: Beach; Bike Paths; Tennis Courts
Security: Other
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional; FHA; Seller Finance Psble; VA
Title: Negotiable
Listing Office: Truman & Co. (KW)
Last Updated: April - 22 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.