1209 Truman Avenue 1, Key West, FL 33040

$875,000
Property Type: Commercial Sale Baths: 1 Square Footage: 1,156 Status: Closed
Current Price: $875,000 List Date: 7/14/2025 Last Modified: 9/26/2025

Description

Prime Commercial Opportunity in the Heart of Old Town Key West. Unlock the potential of owning your own commercial space in one of Key West's most vibrant and high-visibility locations. Ideally positioned directly across from the historic Harvey Government Center and along bustling Truman Avenue, this concrete-constructed commercial condominium offers unmatched exposure and endless possibilities. Large storefront windows flood the space with natural light while showcasing your business to the steady stream of locals and visitors alike. With four off-street parking spaces, convenience is built in for clients and staff — a rare find in Old Town. Whether you're envisioning a professional office, boutique gym, yoga or wellness studio, gallery, or medical practice, this flexible layout can adapt to your needs. Interior walls are non-load-bearing and can be reconfigured or removed to suit your vision. The location is unmatched within the White street gallery district with restaurants, coffee shops, grocery stores, boutique hotels, and other small businesses close by. Why lease when you can own? Secure your future by investing in your own commercial space instead of navigating rising rents and unpredictable renewals. Plus, an updated 1-bedroom residential unit is available for purchase at the rear of the property — perfect for live/work convenience or additional income potential. This is your chance to establish your brand in a premier Old Town location. Don't miss out on this versatile and valuable investment opportunity. Can be purchased together with a beautiful residential space MLS #615799.

More Information MLS# 615795

Contract Information

Listing Board: Key West Association Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: No Current Price: $875,000 Listing Date: 2025-07-14 Sold Price: $875,000

Location, Tax & Legal

KW Neighborhood: Old Town-N of Truman Unit #: 1 City: KEY WEST Off Shore Island: No Mile Marker: 1 Marathon Neighborhood: N/A Side: Median Flood Zone: 0.2 PCT ANNUAL CHANC Alternate Key #: 8731051 Parcel #: 00024430-000101 Zoning: HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med Legal: UNIT 1 TRUMAN AVENUE CONDOMINIUM OR1248-1586/87 OR1619-1701/02R/S OR2509-1888 Taxes: 4133.52 Tax Year: 2024 Street #: 1209 Street Name: Truman Street Suffix: Avenue Key/Island: Key West State/Province: FL Zip Code: 33040 Subdivision: Truman Ave Condo (1.0) County: Monroe Area: 01 - Key West

General Property Description

Realtor.COM Type: Commercial Waterfront: No Control Depth: 0 Lot Size: N/A Lot SqFt: 0 Total Units: 1 # Parking Spaces: 4 Off Street Parking: 4 # Stories: 1 SqFt Source: Tax Records Total # Buildings: 1 Building SqFt: 1156 Style: Commercial Living Apx SqFt: 1156 Year Built: 1960 Half Baths: 1 Total Baths: 1

Remarks & Misc

Remarks – Consumer: Prime Commercial Opportunity in the Heart of Old Town Key West. Unlock the potential of owning your own commercial space in one of Key West's most vibrant and high-visibility locations. Ideally positioned directly across from the historic Harvey Government Center and along bustling Truman Avenue, this concrete-constructed commercial condominium offers unmatched exposure and endless possibilities. Large storefront windows flood the space with natural light while showcasing your business to the steady stream of locals and visitors alike. With four off-street parking spaces, convenience is built in for clients and staff — a rare find in Old Town. Whether you're envisioning a professional office, boutique gym, yoga or wellness studio, gallery, or medical practice, this flexible layout can adapt to your needs. Interior walls are non-load-bearing and can be reconfigured or removed to suit your vision. The location is unmatched within the White street gallery district with restaurants, coffee shops, grocery stores, boutique hotels, and other small businesses close by. Why lease when you can own? Secure your future by investing in your own commercial space instead of navigating rising rents and unpredictable renewals. Plus, an updated 1-bedroom residential unit is available for purchase at the rear of the property — perfect for live/work convenience or additional income potential. This is your chance to establish your brand in a premier Old Town location. Don't miss out on this versatile and valuable investment opportunity. Can be purchased together with a beautiful residential space MLS #615799. Directions: Going down south on Truman Ave. on your left side just before the White Street/ Truman Ave. traffic light.

Status Change Info

Sold Comments: Thank you Wendy! Sold Date: 2025-09-26 Sold Price: $875,000 Status: Closed

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: No Association Fee $: 911 Assoc/Mnt Fee Per: Monthly

Type

Light Manufacturing: 1 Office Buildings: 1 Other Comrcl Style: 1 Professional Service: 1 Retail: 1 Other Services: 1

Fee Includes

Building Insurance: 1

Dockage

None: 1

Accounts & Meters

# Sewer Accounts: 1 # Water Meters: 1 # Electric Meters: 2

Appliances

No Appliances: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1

Heating

Central: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Other: 1

Interior Features

Drapes/Blinds Incl: 1

Windows/Doors

Glass Doors: 1

Vehicle Storage

Car(s): 4+ Off Street Parking: 1

Construction

CBS: 1

Land Size

Less Than 1/4 Acre: 1

Utilities

FKAA: 1

Miscellaneous

High Traffc Location: 1

Roof

Combo Roof: 1 Other Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Tenant Paid

Cable: 1 Electric: 1 Garbage: 1 Sewer: 1 Tnt Pays Other Utils: 1 Water: 1

Property Features

Type: Light Manufacturing; Office Buildings; Other Comrcl Style; Professional Service; Retail; Other Services Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Off Street Parking Cooling: Ceiling Fans(s); Central Air Heating: Central Utilities: FKAA Interior Features: Drapes/Blinds Incl Appliances: No Appliances Miscellaneous: High Traffc Location Construction: CBS Floor: Other Roof: Combo Roof; Other Roof Land Size: Less Than 1/4 Acre Fee Includes: Building Insurance Tenant Paid: Cable; Electric; Garbage; Sewer; Tnt Pays Other Utils; Water
Listing Office: Ocean Sotheby's International Realty
Last Updated: September - 26 - 2025
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