# 513 Truman Avenue, Key West, FL 33040 > **TL;DR:** 2bd/5ba commercial, $1,850,000 ($710/sqft), built 1913, 2,604 sqft. > View, A/C. Est. $9,895/mo. Listed 31 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,850,000 | | Price/sqft | $710 | | Bedrooms | 2 | | Bathrooms | 4 full, 2 half | | Square Feet | 2,604 | | Year Built | 1913 | | Lot Size | 3,920 sqft (0.09 acres) | | Stories | 2 | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 31 | ## Why This Home Stands Out - **Views** - Water ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $9,355 | | Estimated Insurance | $540 | | **Total** | **$9,895** | ## Key Amenities - View - A/C ## Property Highlights - Built in 1913 - 0.09 acre lot - 2 stories ## Description ### Agent Description This Commercial Residential mixed use building offers an excellent investment or owner operator opportunity. A prime location 513 Truman has excellent visibility with heavy foot and vehicular traffic. Downstairs is a large commercial space currently vacant. It could easily accommodate numerous commercial tenants. Upstairs are two apartments including a one bedroom one bath and a large studio. Both residential units have modern finishes including full kitchen, granite counters, stainless appliances, ample closet space and a shared laundry room. Each unit features a private balcony. The original building was renovated and a large two story addition was built in 2010 which included the two apartments and an addition to the commercial space. There is parking for 2/3 cars tandem style on the side of the building. This versatile property is a rare find, located in a transient receiver zone. ## Location - **Address:** 513 Truman Avenue, Key West, FL 33040 - **County:** Monroe - **Neighborhood:** Old Town - Unrecord (1.0) - **Coordinates:** 24.551565, -81.798908 - **Google Maps:** https://www.google.com/maps?q=24.551565,-81.798908 ## Listing Agent - **Name:** Key West Sisters - **Brokerage:** Preferred Properties Coastal Realty, Inc. - **Broker Phone:** (305) 294-3040 ## Photos ![513 Truman Avenue - Photo 1](http://lh.rdcpix.com/5aa83d9b4c0454e639ad48144f831fd2l-f1760386467r.jpg) ![513 Truman Avenue - Photo 2](http://lh.rdcpix.com/5aa83d9b4c0454e639ad48144f831fd2l-f1014112643r.jpg) ![513 Truman Avenue - Photo 3](http://lh.rdcpix.com/5aa83d9b4c0454e639ad48144f831fd2l-f1183384896r.jpg) ![513 Truman Avenue - Photo 4](http://lh.rdcpix.com/5aa83d9b4c0454e639ad48144f831fd2l-f298346453r.jpg) ![513 Truman Avenue - Photo 5](http://lh.rdcpix.com/5aa83d9b4c0454e639ad48144f831fd2l-f1745118235r.jpg) ![513 Truman Avenue - Photo 6](http://lh.rdcpix.com/5aa83d9b4c0454e639ad48144f831fd2l-f1579382931r.jpg) ![513 Truman Avenue - Photo 7](http://lh.rdcpix.com/5aa83d9b4c0454e639ad48144f831fd2l-f1323026541r.jpg) ![513 Truman Avenue - Photo 8](http://lh.rdcpix.com/5aa83d9b4c0454e639ad48144f831fd2l-f4154128816r.jpg) ![513 Truman Avenue - Photo 9](http://lh.rdcpix.com/5aa83d9b4c0454e639ad48144f831fd2l-f3584990148r.jpg) ![513 Truman Avenue - Photo 10](http://lh.rdcpix.com/5aa83d9b4c0454e639ad48144f831fd2l-f2713051653r.jpg) ![513 Truman Avenue - Photo 11](http://lh.rdcpix.com/5aa83d9b4c0454e639ad48144f831fd2l-f645324672r.jpg) ![513 Truman Avenue - Photo 12](http://lh.rdcpix.com/5aa83d9b4c0454e639ad48144f831fd2l-f4281443700r.jpg) ![513 Truman Avenue - Photo 13](http://lh.rdcpix.com/5aa83d9b4c0454e639ad48144f831fd2l-f3463271395r.jpg) ![513 Truman Avenue - Photo 14](http://lh.rdcpix.com/5aa83d9b4c0454e639ad48144f831fd2l-f2704753857r.jpg) ![513 Truman Avenue - Photo 15](http://lh.rdcpix.com/5aa83d9b4c0454e639ad48144f831fd2l-f2925826050r.jpg) ![513 Truman Avenue - Photo 16](http://lh.rdcpix.com/5aa83d9b4c0454e639ad48144f831fd2l-f3545086006r.jpg) ![513 Truman Avenue - Photo 17](http://lh.rdcpix.com/5aa83d9b4c0454e639ad48144f831fd2l-f2687829003r.jpg) ![513 Truman Avenue - Photo 18](http://lh.rdcpix.com/5aa83d9b4c0454e639ad48144f831fd2l-f3247781837r.jpg) ![513 Truman Avenue - Photo 19](http://lh.rdcpix.com/5aa83d9b4c0454e639ad48144f831fd2l-f1253601903r.jpg) --- **MLS#:** 621449 | **Updated:** 2026-10-28 **Source:** listhub *Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/513-truman-avenue-key-west-fl-33040-e372b1c7df32484fae238d0c7ac2be50) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/513-truman-avenue-key-west-fl-33040-e372b1c7df32484fae238d0c7ac2be50#listing", "url": "https://www.propertysimple.ai/listing/513-truman-avenue-key-west-fl-33040-e372b1c7df32484fae238d0c7ac2be50", "name": "513 Truman Avenue, Key West, FL 33040", "description": "This Commercial Residential mixed use building offers an excellent investment or owner operator opportunity. A prime location 513 Truman has excellent visibility with heavy foot and vehicular traffic. Downstairs is a large commercial space currently vacant. 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