1401 5th St Key West, FL 33040
Mid Town NeighborhoodEstimated payment $7,454/month
About This Home
Rare Opportunity: Three Charming Homes on Adjacent Lots - Unlimited Potential!Discover the perfect investment opportunity with these three vintage 2-bedroom, 1-bathroom homes, nestled on separate adjoining lots and being sold together as a single package. Situated in a desirable location, this unique offering provides incredible flexibility for visionary buyers.Each home offers cozy layouts that are ripe for restoration or redevelopment. The true value lies in the combined potential of these properties--create a sprawling family estate, build a modern multi-home compound, or explore other construction options to maximize value.With their combined potential and prime location, these homes are a once-in-a-lifetime opportunity for developers, investors, or those looking to build their dream family retreat. Don't miss out, bring your imagination and start planning the possibilities today!Contact me to schedule a showing and envision the future of this incredible property package!
Listing Agent
Realty ONE Group Destination Brokerage Email: rogdestination@gmail.com License #3050896 Listed on: 12/15/2025
Map
Home Details
Home Type
Single Family
Year Built
1948
Lot Details
0
Listing Details
- Property Type: Residential
- Style: Single Family
- Additional Assessor Parcel Number 1: 00046650-000000
- Additional Assessor Parcel Number 2: 00046650-000200
- As Is Right To Inspect: Yes
- First Right of Refusal: No
- Mandatory HOA: No
- Fee Includes: None
- Key Island: Key West
- K W Neighborhood: Midtown East
- Limited Representation: No
- Marathon Neighborhood: N/A
- Mile Marker: 3.00
- Min Rental Days: 30.00
- M L S Identifier: 20060123165453488875000000
- Pets: Pets Allowed
- Property Group I D: 19990816212109142258000000
- Side: Median
- State Province: FL
- Taxes: 3027.00
- Vehicle Storage: Off Street Parking
- Year Built: 1948
- Alternate Key Number: 9082031
- Building Style: Ground Level
- Cooling Heating: Wall/Window Unit(s), Ceiling Fans(s)
- Lot Sq Ft: 7500.00
- Porch Balcony: Open Porch/Balcony
- Tax Exemptions: None
- Building Style Above Flood: Unknown
- Estimated Living Sq Ft: 2434.00
- Property Condition: Fixer Upper
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Attribution Contact: rogdestination@gmail.com
- Special Features: None
- Property Sub Type: Detached
Interior Features
- Total Bathrooms: 3.00
- Full Bathrooms: 3
- Appliances: Refrigerator, Range
- Total Bedrooms: 6
- Sq Ft Remarks: 1401 5th is 720sf 1405 5th is 1074sf 2302 Seidenberg is 640sf
Exterior Features
- Dockage: None
- Waterfront: None
- Waterfront: No
- Construction: Frame
- Exterior Features: Fencing, Shed
- Waterview: No Waterview
- Pool: No
Utilities
- Utilities: FKAA, Cable Available, Elect Separate Meter, Water Separate Meter, Municipal Sewer
Lot Info
- Deed Restrictions: Unknown
- Flood Zone: AE
- Parcel Number: 00046650-000100
- Lot Size: 7500sf total of 3 lots
- Land Size: More than 1 Lot
Rental Info
- Rentals Allowed: With Restrictions
- Furnished: Unfurnished
Tax Info
- Tax Year: 2025
Multi Family
- Total Units: 3.00
Home Values in the Area
Average Home Value in this Area
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 | $3,350 | $310,752 | $211,484 | $99,268 |
| 2024 | $3,208 | $348,686 | $252,909 | $95,777 |
| 2023 | $3,208 | $330,306 | $243,043 | $87,263 |
| 2022 | $2,897 | $296,906 | $208,323 | $88,583 |
| 2021 | $2,223 | $205,062 | $129,725 | $75,337 |
| 2020 | $2,203 | $203,972 | $128,635 | $75,337 |
| 2019 | $2,207 | $202,898 | $126,455 | $76,443 |
| 2018 | $2,091 | $186,562 | $109,013 | $77,549 |
| 2017 | $2,052 | $178,931 | $0 | $0 |
| 2016 | $2,074 | $171,537 | $0 | $0 |
| 2015 | -- | $164,177 | $0 | $0 |
| 2014 | -- | $174,054 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/15/2025 12/15/25 | For Sale | $1,379,000 | -- | $567 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Attorney | |
| Quit Claim Deed | -- | Attorney |
Source: Key West Association of REALTORS®
MLS Number: 617703
APN: 00046650-000100
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