$4,580,000

$617K PRICE DROP

1005 Flagler Ave Key West, FL 33040

Casa Marina Neighborhood

Estimated payment $25,138/month

Total Views 26,554

10 Beds

9 Baths

7,193 Sq Ft

$637 Price per Sq Ft

About This Home

INVESTORS, DEVELOPERS, CONDO CONVERSION--1005 FLAGLER AVE AND 1009 FLAGLER AVE--Two fourplexes in the highly desirable Casa Marina neighborhood on 18,371 sq ft of land, with 7,193 sq ft of Floor Living Area, for a total of 10 bedrooms and 9 baths. 1005 Flagler is 4 units, 3 of which are 1/1, ground floor unit #1 is a 3/2 with a courtyard. There's an on site coin laundry, as well as a garage and storage.1009 Flagler is 4 units, each a 1/1.Property Data Cards are found in Documents for each property.

Listing Agent

Jeffrey Dunaway

Key West Realty, LLC (KW) License #639590 Listed on: 01/01/2025

Co-Listing Agent

Timothy Henshaw

Key West Realty, LLC (KW) License #524203

Map

Property Details

Home Type

Multi-Family

Year Built

1948

Lot Details

Listing Details

Property Type: Residential
Style: Multi-Units
Additional Assessor Parcel Number 1: 1009 Flagler Ave.
First Right of Refusal: No
Mandatory HOA: No
Fee Includes: None
Key Island: Key West
K W Neighborhood: Casa Marina
Limited Representation: No
Marathon Neighborhood: N/A
Mile Marker: 1.00
M L S Identifier: 20060123165453488875000000
Neighborhood Feature: Tennis Courts, Beach
Pets W Restrictions: YES
Property Group I D: 19990816212109142258000000
Side: Median
State Province: FL
Taxes: 14259.39
Vehicle Storage: Garage
Year Built: 1948
Alternate Key Number: 1039667
Building Style: Other Bldg Style
Cooling Heating: Wall/Window Unit(s), Ceiling Fans(s)
Lot Sq Ft: 18371.00
Porch Balcony: Open Porch/Balcony
License Info: Non Trans Rntl Lic
Tax Exemptions: None
Building Style Above Flood: No
Building Style Stories: 2 Stories
Estimated Living Sq Ft: 7193.00
Sewer Hook Up: Yes
Statistical Purposes Only: No
Special Features: None
Property Sub Type: MultiFamily
Stories: 2

Interior Features

Interior Amenities: Entrance Foyer, Smoke Alarms
Total Bathrooms: 9.00
Full Bathrooms: 9
Appliances: Refrigerator, Range
Floor: Tile, Combo, Wood
Total Bedrooms: 10
Sq Ft Remarks: Sq footage of FLA includes both 1005 and 1009 Flagler Ave.

Exterior Features

Dockage: None
Waterfront: None
Waterfront: No
Construction: CBS
Exterior Features: Storage
Roof: Metal Roof
Waterview: No Waterview
Pool: No

Utilities

Utilities: FKAA, Municipal Sewer

Lot Info

Deed Restrictions: No
Flood Zone: AE
Parcel Number: 00038920-000000
Land Size: 1/4 - 1/2 Acre
Acres: 0.27

Rental Info

Rentals Allowed: With Restrictions

Tax Info

Tax Year: 2023

Multi Family

Total Units: 8.00

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Tax History

Year	Tax Paid	Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.	Land	Improvement
2025	$15,977	$2,033,225	$1,331,277	$701,948
2024	$14,259	$2,104,784	$1,401,344	$703,440
2023	$14,259	$1,712,978	$1,022,067	$690,911
2022	$12,440	$1,388,251	$785,971	$602,280
2021	$11,551	$1,123,738	$606,234	$517,504
2020	$11,476	$1,120,896	$589,478	$531,418
2019	$11,299	$1,091,998	$609,280	$482,718
2018	$11,968	$1,146,174	$656,499	$489,675
2017	$11,861	$1,114,187	$0	$0
2016	$12,139	$1,147,938	$0	$0
2015	$11,821	$1,137,947	$0	$0
2014	$10,907	$893,940	$0	$0

Source: Public Records

Property History

Date	Event	Price	List to Sale	Price per Sq Ft
11/25/2025 11/25/25	Price Changed	$4,580,000	-11.9%	$637 / Sq Ft
07/02/2025 07/02/25	For Sale	$5,197,000	0.0%	$723 / Sq Ft
06/30/2025 06/30/25	Off Market	$5,197,000	--	--
01/01/2025 01/01/25	For Sale	$5,197,000	--	$723 / Sq Ft

Source: Key West Association of REALTORS®

MLS Number: 612903

APN: 00038920000000056825

Florida Monroe County Key West 33040 Casa Marina

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