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$2,390,000
Key West, FL 33040
MLS# 608562
9 beds | 5 baths | 2975 sqft
1 / 30
Open House (05/02/2024 - 4:00 pm - 6:00 pm)
Property Description
Fully renovated highly profitable long-term rental! This is a rare turn-key property in Key West, two duplexes on a 10,000 SQFT lot. Rent all four units or use them as a personal or vacation home. The current owners rent three units and live in the 4th unit. All units (4) carry Key West short-term monthly (28 days) permits. Financials are available; the rent roll and expenses. More about the property layout: Long-term leases for the DUPLEX 2513 Unit A is a 2 Bedroom/1Bath - $4,200 Unit B is a 2 Bedroom/1Bath - $4,200 Long-term pricing: DUPLEX 2515 Unit A is a 3 bedroom/2 bath ~$6,500 (projected/offerings) Unit B is a 2 Bedroom/1Bath - $4,100 (they pay utilities and internet) The 2 bedroom, 1 bath units in 2513 have been offered up to ~$11,500 for monthly rentals on Airbnb (available upon request) this past year. The property was fully renovated in 2020/2021 with hurricane-impact windows, a new roof, new AC units, new porcelain flooring, all-new plumbing, and new bathrooms and kitchens with high-end appliances. For more information on the work completed, please feel free to reach out to the listing agent. These duplexes can be sold separately. *Shown by appointment only, with 24-48 hour notice*
Details
Maps
Documents
Contract Information
Current Price: $2,390,000
Listing Date: 2024-02-04
Listing Board: Key West Association
List Price: $2,390,000
Location, Tax & Legal
Street #: 2513-15
Street Name: Staples
Street Suffix: Avenue
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: New Town - Unlisted (2.0)
Mile Marker: 2
Area: 03 - Key West
KW Neighborhood: Midtown East
Marathon Neighborhood: N/A
Side: Median
Flood Zone: AE
Alternate Key #: 1046825
Parcel #: 00046240-000000
Zoning: SF - Single Family
Deed Restrictions: Unknown
Legal: KW KW REALTY CO'S FIRST SUB PB1-43 LOT 4 SQR 11 TR 21 OR9-470-471 OR368-607-608 OR757-27-28 OR1129-902 OR1175-842Q/C OR
Taxes: 6008.04
Tax Year: 2023
Pub Sewer HkUp: Yes
General Property Description
Realtor.COM Type: Multi-family
Style: Multi-Units
Waterfront: No
Pool: No
Year Built: 1954
Lot SqFt: 10000
Lot Sqft Source: Unknown
Acres: 0.11
Living Apx SqFt: 2975
SqFt Source: Appraisal
Total Bedrooms: 9
Full Baths: 5
Total Baths: 5
Rentals Allowed: Yes
Min Rental Days: 28
Remarks & Misc
Remarks – Consumer: Fully renovated highly profitable long-term rental! This is a rare turn-key property in Key West, two duplexes on a 10,000 SQFT lot. Rent all four units or use them as a personal or vacation home. The current owners rent three units and live in the 4th unit. All units (4) carry Key West short-term monthly (28 days) permits. Financials are available; the rent roll and expenses.
More about the property layout:
Long-term leases for the DUPLEX 2513
Unit A is a 2 Bedroom/1Bath - $4,200
Unit B is a 2 Bedroom/1Bath - $4,200
Long-term pricing: DUPLEX 2515
Unit A is a 3 bedroom/2 bath ~$6,500 (projected/offerings)
Unit B is a 2 Bedroom/1Bath - $4,100 (they pay utilities and internet)
The 2 bedroom, 1 bath units in 2513 have been offered up to ~$11,500 for monthly rentals on Airbnb (available upon request) this past year.
The property was fully renovated in 2020/2021 with hurricane-impact windows, a new roof, new AC units, new porcelain flooring, all-new plumbing, and new bathrooms and kitchens with high-end appliances. For more information on the work completed, please feel free to reach out to the listing agent. These duplexes can be sold separately.
*Shown by appointment only, with 24-48 hour notice*
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Building Style
Above Flood: Unknown
Property Features
Fee Includes: None
Tax Exemptions: None
License Info: Non Trans Rntl Lic
Waterfront: None
Waterview: No Waterview
Dockage: None
Utilities: FKAA
Appliances: No Appliances
Construction: CBS
Pets: Pets Allowed
Land Size: Less Than 1/4 Acre
Room Information
| Room Name | Level |
| Full Bathroom | Main |
2513 Land Survey 
Listing Office: Keller Williams Key West Compass Realty
Last Updated: April - 24 - 2024
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