$1,550,000

$129K PRICE DROP

1401 5th St Key West, FL 33040

Mid Town Neighborhood

Estimated payment $8,861/month

Total Views 9,881

6 Beds

3 Baths

2,434 Sq Ft

$637 Price per Sq Ft

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

Stacy Stahl

Realty ONE Group Destination Brokerage Email: rogdestination@gmail.com License #3050896

Map

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,208

Year Built

1948

Lot Details

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: 3208.34
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 720sf1405 5th is 1074sf2302 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: 2023

Multi Family

Total Units: 3.00

Average Value

Not Available

List Price

Sold Price

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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
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

Source: Public Records

Property History

Date	Event	Price	Change	Sq Ft Price
04/13/2025 04/13/25	Price Changed	$1,550,000	-7.7%	$637 / Sq Ft
12/09/2024 12/09/24	For Sale	$1,679,000	--	$690 / Sq Ft

Source: Key West Association of REALTORS®

Deed History

Date	Type	Sale Price	Title Company
	Quit Claim Deed	--	Attorney
	Quit Claim Deed	--	Attorney

Source: Public Records

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Source: Key West Association of REALTORS®

MLS Number: 612665

APN: 00046650-000100

Florida Monroe County Key West 33040 Mid Town

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