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$1,250,000
Key West, FL 33040
MLS# 608926
5 beds | 3 baths | 1751 sqft
1 / 21
Open House (05/02/2024 - 4:00 pm - 6:00 pm)
Property Description
TURN-KEY DUPLEX! INVESTMENT OPPORTUNITY! Use it as a primary home, vacation home, or as a pure investment! The compound is for sale, buy 1 duplex or buy the compound, listed under MLS # 608562. Centrally located in Mid Town Key West along its dedicated cross-town bike trail. Income producing with the books to back it up. Current owners live in one unit and rent out the other which still creates a strong cash flow. It can be used as an AirBnB as all units carry Key West's required 28-day rental licenses. Currently used as a long-term rental. Unit A is a 3 bedroom/2 bath - projected around $6,500 Unit B is a 2 Bedroom/1Bath - rented to multi-year, insurance paying, tenants at $4,100/mo Units were completely renovated in 2020/2021 with some of the following: Hurricane impact windows, New AC Units, new roof with solar-powered attic fans, and All cast iron drain lines inside and out were removed and replaced with new PVC 2021 out to the street.
Details
Maps
Documents
Contract Information
Current Price: $1,250,000
Listing Date: 2024-02-27
Listing Board: Key West Association
List Price: $1,250,000
Location, Tax & Legal
Street #: 2515
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 #: 1046833
Parcel #: 00046250-000000
Zoning: SF - Single Family
Deed Restrictions: Unknown
Legal: KW KW REALTY CO'S FIRST SUB PB1-43 LOT 5 SQR 11 TR 21 G75-296-297 OR196-442-443 OR368-607-608 OR757-27-28 OR906-1191 OR
Taxes: 6913.71
Tax Year: 2023
Pub Sewer HkUp: Yes
General Property Description
Realtor.COM Type: Multi-family
Style: Duplex
Waterfront: No
Pool: No
Year Built: 1955
Lot SqFt: 5000
Acres: 0.11
Living Apx SqFt: 1751
SqFt Source: Appraisal
Total Bedrooms: 5
Full Baths: 3
Total Baths: 3
Rentals Allowed: Yes
Min Rental Days: 28
Remarks & Misc
Remarks – Consumer: TURN-KEY DUPLEX! INVESTMENT OPPORTUNITY! Use it as a primary home, vacation home, or as a pure investment! The compound is for sale, buy 1 duplex or buy the compound, listed under MLS # 608562. Centrally located in Mid Town Key West along its dedicated cross-town bike trail. Income producing with the books to back it up. Current owners live in one unit and rent out the other which still creates a strong cash flow. It can be used as an AirBnB as all units carry Key West's required 28-day rental licenses. Currently used as a long-term rental.
Unit A is a 3 bedroom/2 bath - projected around $6,500
Unit B is a 2 Bedroom/1Bath - rented to multi-year, insurance paying, tenants at $4,100/mo
Units were completely renovated in 2020/2021 with some of the following: Hurricane impact windows, New AC Units, new roof with solar-powered attic fans, and All cast iron drain lines inside and out were removed and replaced with new PVC 2021 out to the street.
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
Waterfront: None
Waterview: No Waterview
Dockage: None
Utilities: FKAA
Appliances: No Appliances
Construction: CBS
Pets: Pets Allowed
Land Size: Less Than 1/4 Acre
2515 Land Survey 
Listing Office: Keller Williams Key West Compass Realty
Last Updated: April - 24 - 2024
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