$6,194,000

Estimated payment $38,775/month

Total Views 582
10 Beds
10 Baths
5,796 Sq Ft
$1,069 Price per Sq Ft

About This Home

A rare multi-property investment opportunity in the heart of Key West. Offered together at a discounted price, 1217 Johnson Street and 1224 Flagler Avenue sit back-to-back and provide exceptional flexibility, rental income, and the potential to create a private compound or multi-generational retreat.1217 Johnson Street is a newly built 5BD/6BA luxury home elevated above floodwaters and constructed with Category 5 hurricane protection, impact windows/doors, Hardie siding, and a generator. Located just steps from Higgs Beach, this 3,600+ sq ft residence blends modern design and island charm. A dramatic two-story foyer opens to the saltwater pool and waterfall, with glass doors that merge indoor and outdoor living. Enjoy a gazebo, lush landscaping, and a poolside cabana with bath. The chef's kitchen features quartz counters, shaker cabinets, a waterfall island, and Viking appliances. Upstairs are two primary suites with Juliet balconies, plus additional bedrooms and a flexible bonus room. Gated parking for two vehicles completes this private oasis.1224 Flagler Avenue is a legal duplex with a separate 1BD/1BA private suite, offering multiple revenue streams. Unit B is a turnkey 2BD/1BA with updated flooring, renovated kitchen, stainless appliances, laundry, and shared backyard. The detached suite provides its own entrance for guests or added income. Unit A is a 2BD/2BA with tile floors, island kitchen, laundry, and a private fenced yard, easily enhanced with a light refresh.Together, these properties deliver versatility, income potential, and a unique chance to own two desirable Key West homes in a premium location.

Listing Agent

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 3055873407 License #161619 Listed on: 12/01/2025

Co-Listing Agent

The Spottswood Team

Truman & Co. (KW) Brokerage Phone: 3055873407

Map

Property Details

Home Type

Multi-Family

Year Built

2022

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • Additional Assessor Parcel Number 1: 00059670-000000
  • Additional Assessor Parcel Number 2: 00059670-000100
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 2.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Median
  • State Province: FL
  • Taxes: 42701.00
  • Vehicle Storage: Off Street Parking
  • Year Built: 2022
  • Alternate Key Number: 1060151
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 9260.00
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Deck
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 5796.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Attribution Contact: 3055873407
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Quartz Countertops, Built-in Cabinets, Whirlpool Bath Tub, Walk-in Closet(s)
  • Total Bathrooms: 10.00
  • Full Bathrooms: 10
  • Appliances: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Wood
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 10
  • Sq Ft Remarks: Buyer to verify square footage

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Hardi Board Siding, Frame
  • Exterior Features: Gazebo, Water Display, Shed, Privacy Wall/Fence, Outdoor Shower, Lighting
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Whole House Generatr, Elect Separate Meter, Water Separate Meter, Buyer to Verify, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00059680-000000
  • Land Size: More than 1 Lot

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2024

Multi Family

  • Total Units: 4.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2025 12/01/25 For Sale $6,194,000 -- $1,069 / Sq Ft
Source: Key West Association of REALTORS®

Source: Key West Association of REALTORS®

MLS Number: 617519

Key West Association of REALTORS®