$899,000
SOLD AUG 15, 2025
4 Beds
3 Baths
1,826 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$492 Per Sq Ft

5 Days on Market

About This Home

As of August 2025

Incredible Investment Opportunity in Key West! Welcome to a fantastic chance to own a legal duplex in the heart of Key West -- the most affordably priced duplex in the area! Situated on a generous 5,000 sq ft lot, this property is perfect for savvy investors, those looking for rental income, or anyone seeking flexible multi-generational living.The main home boasts a spacious 3-bedroom, 2-bathroom layout featuring a beautifully remodeled second bedroom. You'll love the bright and airy living room, brand new quartz countertops, new water heater, and a modern mini-split AC system. Fresh interior and exterior paint add a crisp, clean feel throughout. Additional highlights include a carport, storage space, outdoor shower, and a convenient laundry room -- everything you need for comfortable island living!The separate 1-bedroom, 1-bath cottage is a true gem, ideal for generating rental income, hosting extended family, or creating a private guest retreat. This setup offers incredible flexibility and potential for strong returns.Outside, discover a spacious yard that's bursting with possibilities! Imagine designing your dream patio or outdoor kitchen -- perfect for entertaining under the Florida sunshine. There's also ample parking for multiple vehicles, a boat, or a trailer, catering to a lifestyle full of adventure and convenience.Nestled in the vibrant Newtown neighborhood, you're just moments from Duval Street, stunning beaches, delicious dining spots, and all the best Key West attractions.Don't miss this rare opportunity to own a versatile duplex with amazing potential in a prime Key West location! Showings by appointment only -- please allow at least 24 hours' notice.Let's make your Key West investment dreams come true!

Last Agent to Sell the Property

Bobby Baker

Brightwild Real Estate License #BK3468156 Listed on: 07/11/2025

Co-Listed By

Kiya Tabb

Brightwild Real Estate License #3514402

Last Buyer's Agent

Dawn Gonet

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3488031

Berkshire Hathaway HomeServices Knight & Gardner Realty

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,565

Year Built

1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Handicap Access: Yes
  • Key Island: Key West
  • K W Neighborhood: Midtown East
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 6814.34
  • Vehicle Storage: Carport, Off Street Parking, Guest Parking, Open Parking
  • Year Built: 1954
  • Alternate Key Number: 1049603
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 5000.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1826.00
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Built-in Cabinets, Storage, Granite Counter Top
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Utility Room, Workshop
  • Windows/Doors: Single Hung Windows, Impact Rstnce Window
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Storage, Privacy Wall/Fence, Outdoor Shower
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Cable Available, Elect Separate Meter, Water Separate Meter, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00049010-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2025
Closed on
Aug 15, 2025
Sold by
Winsor Daniel S
Bought by
Coskun Kemal Furkan
Seller's Agent
Bobby Baker
Brightwild Real Estate
Buyer's Agent
Dawn Gonet
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$899,000
Sold Price
$899,000
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.62%
Original Mortgage
$719,200
Outstanding Balance
$719,200
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$199,068

Purchase Details

Closed on
Oct 9, 2018
Sold by
Ney Wendi A
Bought by
Winsor Daniel S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,666
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 1996
Sold by
Castro Edwin L and Castro Patsy
Bought by
Moss D M and Ney Wendi A

Purchase Details

Closed on
Mar 1, 1989
Bought by
Moss D Mark

Purchase Details

Closed on
Jan 1, 1978
Bought by
Moss D Mark
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $899,000 None Listed On Document
Warranty Deed $899,000 None Listed On Document
Warranty Deed $550,000 None Listed On Document
Warranty Deed $185,000 --
Warranty Deed $170,000 --
Deed $35,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $719,200 New Conventional
Closed $719,200 New Conventional
Previous Owner $491,108 VA
Previous Owner $486,771 No Value Available
Previous Owner $486,771 VA
Previous Owner $490,666 New Conventional
Previous Owner $188,000 Commercial
Previous Owner $150,000 Credit Line Revolving
Previous Owner $215,100 Commercial
Previous Owner $215,100 Commercial
Previous Owner $204,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Sold $899,000 0.0% $492 / Sq Ft
07/11/2025 07/11/25 For Sale $899,000 -- $492 / Sq Ft
Source: Key West Association of REALTORS®

Tax History Compared to Growth

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 $6,565 $757,498 $460,000 $297,498
2023 $6,565 $727,530 $455,000 $272,530
2022 $5,969 $666,241 $390,000 $276,241
2021 $5,523 $533,029 $297,500 $235,529
2020 $5,343 $536,749 $295,000 $241,749
2019 $4,858 $456,169 $223,750 $232,419
2018 $3,455 $333,091 $0 $0
2017 $3,410 $323,211 $0 $0
2016 $3,394 $314,131 $0 $0
2015 $3,347 $304,069 $0 $0
2014 $3,241 $272,655 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 615771

Key West Association of REALTORS®

APN: 00049010-000000