$2,150,000
$135K PRICE DROP

Estimated payment $13,086/month

Total Views 35,372
4 Beds
2 Baths
2,016 Sq Ft
$1,066 Price per Sq Ft

About This Home

Invest in Key West with this legal Duplex! Step into a piece of Key West history with this fully renovated, light-filled historic home in the heart of Old Town. Blending old-world charm with modern updates, this property offers easy living and generates income. Whether you're looking for a smart investment, a vacation getaway, or a new primary residence, this property is ready for you. Live in one unit and rent the other, or enjoy the entire home for yourself! There is an interior staircase to enter the upstairs unit.Each spacious level features 2 bedrooms, 1 bathroom, a full kitchen with stainless steel appliances, laundry, and an open-concept living/kitchen/dining area. The lower unit opens to a deck and pool--perfect for relaxing and entertaining. The upper unit boasts abundant natural light and a large wraparound porch, ideal for enjoying the tropical surroundings. Both units come fully furnished, and the upstairs unit has a long-term tenant in place, ensuring immediate rental income.Located in a prime spot close to the Old Seaport, top restaurants, and bars, but in a quieter neighborhood, this home is your ticket to island living in paradise!

Listing Agent

Ellen Gvili

Ocean Sotheby's International Realty License #3043680

Ocean Sotheby's International Realty

Co-Listing Agent

Marc Ulanowski

Equestrian Sotheby's International Realty License #3251327

Map

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,991

Year Built

1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 29.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Median
  • State Province: FL
  • Taxes: 14546.94
  • Title: Negotiable
  • Year Built: 1928
  • Alternate Key Number: 1007617
  • Cooling Heating: Ceiling Fans(s), Ductless
  • Lot Sq Ft: 2724.00
  • Pool Info: In Ground, Concrete
  • Porch Balcony: Open Porch/Balcony, Deck
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2016.00
  • Pre Wired: Cable, Surround Sound
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Smoke Alarms
  • Floor Number: 2.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Oven, Range, Refrigerator, Dryer
  • Floor: Tile, Combo, Wood
  • Windows/Doors: Double Hung Windows, Wood Windows, French Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Secured Building, On Premises System
  • Utilities: FKAA, Water Separate Meter, Elect Separate Meter
  • Heating: Ductless

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00007340-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.06

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

Multi Family

  • Total Units: 2.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $13,991 $1,650,209 $858,550 $791,659
2023 $13,991 $1,561,596 $789,109 $772,487
2022 $12,269 $1,378,368 $597,618 $780,750
2021 $9,536 $991,277 $453,124 $538,153
2020 $9,224 $959,522 $415,247 $544,275
2019 $8,717 $893,930 $405,427 $488,503
2018 $10,508 $1,075,130 $506,432 $568,698
2017 $10,757 $1,083,212 $0 $0
2016 $10,657 $1,012,946 $0 $0
2015 $3,507 $308,447 $0 $0
2014 $3,657 $305,999 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 Price Changed $2,150,000 -5.9% $1,066 / Sq Ft
02/02/2025 02/02/25 Price Changed $2,285,000 -4.8% $1,133 / Sq Ft
09/13/2024 09/13/24 For Sale $2,399,000 +59.9% $1,190 / Sq Ft
07/09/2021 07/09/21 Sold $1,500,500 +1.0% $744 / Sq Ft
04/18/2021 04/18/21 Price Changed $1,485,000 -6.6% $737 / Sq Ft
01/18/2021 01/18/21 For Sale $1,590,000 +38.3% $789 / Sq Ft
08/02/2019 08/02/19 Sold $1,150,000 -16.6% $570 / Sq Ft
06/02/2019 06/02/19 Pending -- -- --
01/03/2019 01/03/19 For Sale $1,379,000 +37.9% $684 / Sq Ft
07/24/2015 07/24/15 Sold $1,000,000 -8.7% $496 / Sq Ft
07/03/2015 07/03/15 Pending -- -- --
06/09/2015 06/09/15 For Sale $1,095,000 -- $543 / Sq Ft
Source: Key West Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $1,500,500 Florida Title Professional
Warranty Deed $1,150,000 Attorney
Warranty Deed $1,000,000 Attorney
Warranty Deed $142,000 --
Warranty Deed $94,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $862,500 Commercial
Source: Public Records

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Source: Key West Association of REALTORS®

MLS Number: 614069

Key West Association of REALTORS®

APN: 00007340-000000