Key West Multifamily Buyer
Sell Your Commercial Property In Key West, FL
Own a commercial apartment building of five or more units in Key West? We purchase multifamily properties around Old Town, Bahama Village, and the rest of Monroe County, and we review every deal against a clear buy box.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Areas We Target: Old Town · Bahama Village · New Town · Stock Island — Monroe County, FL
Local Demand
Our View On Key West
Renters come to Key West for year-round tourism and cruise ship visitors and Naval Air Station Key West, and hospitality and restaurant employment adds another layer of steady demand.
Supply is extremely tight because the island has strict limits on new building permits, and much of the older housing is wood-frame conch cottages and small multiplexes. Expect steep windstorm and flood insurance, local restrictions on short-term rentals, and higher construction costs for any repairs.
We look for multifamily properties of 5+ units in areas such as Old Town, Bahama Village, and New Town — from well-kept stabilized buildings to properties that need renovation, better management, or lease-up.
Year-round tourism and cruise ship visitors
Naval Air Station Key West
Hospitality and restaurant employment
Our Buy Box
What We Buy In Key West
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
- State law has long preempted local rent control, and Florida has no state income tax.
- A current rent roll and trailing twelve-month statement help us move fastest on a Key West property, but we can start from an address and unit count.
- Monroe County handles assessment for Key West properties, so we check the current assessed value and how a sale may change it.
Seller Guides
Key West Seller Situations
Key West Seller FAQ
Is Key West a market you actively buy in?
It is. We review Key West apartment buildings of five or more units, with particular attention to Old Town, Bahama Village, New Town, and Stock Island.
Why is Key West a good place to own rentals?
The renter base in Key West draws on year-round tourism and cruise ship visitors, Naval Air Station Key West, and hospitality and restaurant employment, which gives well-run apartment buildings a steady pool of tenants.
Will you buy a Key West property that needs work or has high vacancy?
Yes. We regularly evaluate value-add, mismanaged, and distressed multifamily properties and underwrite them as they are today — no repairs or lease-up required before selling.
Do you work with Key West brokers and agents?
We do. Agents can bring us listed or pocket-listing deals in Key West, and we keep every conversation confidential.
Submit A Deal
Tell Us About Your Property In Key West
Share the basics below and we will follow up directly. Agents and brokers representing Key West sellers are welcome.
