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$4,549,000 -$150,000 (-3.19%) Price Reduced

  • For Sale
  • Active
  • Commercial Residential Facility
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Rare Multi-Family Investment Opportunity in Old Town Key West. This unique property is comprised of nine units, including eight updated one-bedroom, one-bathroom units and one two-bedroom, one-bathroom unit. 3 buildings situated on a 8,042 SqFt lot. It offers an exceptional opportunity for employers seeking staff housing, investors interested in a 1031 Exchange, or those considering a condo conversion. Please note that advanced notice is required to arrange showings, and not all units may be available for viewing as they are currently rented.

Full Property Details for 818 Elizabeth St

General

  • Price: $4,549,000
  • Taxes: $22,622 (2024)
  • Status: Active
  • Type: Commercial Residential Facility
  • Source: 927
  • MLS ID: 616601
  • Updated: 9/30/2026
  • Added to Site: 377 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 10
  • Full Bathrooms: 10

Bedrooms

  • Total Bedrooms: 10

Parking

  • Parking Features: Off Street

Location

  • Area: 02 - Key West
  • County: Monroe
  • Subdivision: Old Town - Unlisted (1.0)

Community

  • Assoc. Fees Include: Other

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Wall/Window Unit(s)

Structural Information

  • # Buildings: 3
  • Construction: ICFs (Insulated Concrete Forms)
  • Roof: Metal
  • Stories/Levels: 2
  • Square Feet: 5,317
  • Year Built: 1928

Unit Information

  • Units in Building: 10

Lot Features

  • Property View: No Waterview
  • Lot Size (Acres): 0.18
  • Lot Size (Sq. Ft.): 8,042
  • Lot Dimensions: 50.8 x 154
  • Zoning: HDR - High Density Residential

Water Features

  • Water View: Yes

Financial Considerations

  • Tax Amount: $22,622.75
  • Tax Year: 2024

Disclosures and Reports

  • Legal Description: KW PT LOT 14 OF TR 5 G70-74/75 OR2499-572 OR2503-1936 OR2582-1047/52 OR3205-1772
  • Flood Zone: X
  • APN: 00018340-000000

Listed by Berkshire Hathaway HomeServices Knight & Gardner Realty, Team Gardner/Langley (305) 902-2447

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Listing agent

— 818 Elizabeth St —

  • Team Gardner/Langley

    Berkshire Hathaway HomeServices Knight & Gardner Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 818 Elizabeth St

School District:Monroe County School District, Middle Torch Key, FL
NameGradesDistance
Horace O'bryant School
1105 Leon Street, Key West, FL 33040
6-80.8 mi
Key West High School
2100 Flagler Avenue, Key West, FL 33040
9-121.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 818 Elizabeth St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/30/2026
Price Reduced
$4,549,000
-3.19%
MLS
7/23/2026
Price Reduced
$4,699,000
-1.98%
MLS
9/24/2025
Listed
$4,794,000
36.97%
MLS
12/19/2022
Sold
$3,500,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 818 Elizabeth St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$23,776
5%
$2,273,069
2%
2024
$22,623
—
$2,223,813
1%
2023
$22,666
51%
$2,208,366
73%
2021
$14,999
-9%
$1,273,210
-25%
2022
$16,459
10%
$1,697,167
35%
2021
$14,999
2%
$1,255,070
2%
2019
$14,644
-4%
$1,234,179
-2%
2018
$15,271
3%
$1,258,148
-5%
2017
$14,808
7%
$1,329,612
23%
2016
$13,903
2%
$1,078,351
14%
2015
$13,652
8%
$945,266
10%
2014
$12,696
4%
$859,333
10%
2013
$12,209
—
$781,212
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 818 Elizabeth St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Berkshire Hathaway HomeServices Knight & Gardner Realty, Team Gardner/Langley (305) 902-2447

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818 Elizabeth Street, Key West, FL 33040 (MLS# 616601) is a Commercial Residential Facility property. 818 Elizabeth Street is currently listed for $4,549,000 and was received on September 24, 2025. Want to learn more about 818 Elizabeth Street? Do you have questions about finding other Commercial Residential Facility real estate for sale in Key West? You can browse all Key West real estate or contact a Coldwell Banker agent to request more information.

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