
737 Olivia St Key West, FL 33040
Old Town NeighborhoodAbout This Home
As of July 2025Price Reduced, Owner's motivated! This triplex is situated in a prime area of Old Town, just three blocks away from Duval Street. It presents an attractive investment opportunity with its three separate units, offering potential for rental income, extended family stays, or versatile usage. Constructed from concrete blocks in 1979, this property's main unit is currently occupied by the owners, who benefit from consistent rental earnings from the other two units, frequented by repeat monthly guests. Unit A comprises two bedrooms and one bath, spanning 768 sq. ft., while Units B and C are one-bedroom, one-bath units with 528 and 564 sq. ft. each. Each unit features its own laundry facilities and a private outdoor patio area perfect for relaxation. Additional conveniences include on-site parking and storage. The property's strategic location, mere minutes from Duval Street, restaurants, bars, beaches, historical landmarks and waterfront attractions, enhances its appeal as a multi-unit investment. Take the opportunity to explore this property today and envision its myriad possibilities!
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Knight & Gardner Realty License #3312592 Listed on: 01/03/2025

Last Buyer's Agent
Berkshire Hathaway HomeServices Knight & Gardner Realty License #3312592 Listed on: 01/03/2025

Property Details
Home Type
Multi-Family
Est. Annual Taxes
$7,025
Year Built
1979
Lot Details
0
Listing Details
- Property Type: Residential
- Style: Multi-Units
- First Right of Refusal: No
- Mandatory HOA: No
- Fee Includes: None
- 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: 28.00
- M L S Identifier: 20060123165453488875000000
- Pets: Pets Allowed
- Property Group I D: 19990816212109142258000000
- Sale Terms: Cash
- Side: Median
- State Province: FL
- Taxes: 7025.32
- Vehicle Storage Cars: 1
- Year Built: 1979
- Alternate Key Number: 1020257
- Building Style: Ground Level
- Cooling Heating: Wall/Window Unit(s)
- Lot Sq Ft: 4000.00
- Porch Balcony: Open Porch/Balcony, Deck
- License Info: Non Trans Rntl Lic
- Tax Exemptions: Homestead
- Building Style Above Flood: Unknown
- Estimated Living Sq Ft: 1860.00
- Financial Status Standard Sale: Yes
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: None
- Property Sub Type: MultiFamily
Interior Features
- Total Bathrooms: 3.00
- Full Bathrooms: 3
- Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator, Dryer
- Floor: Tile, Laminate, Wood
- Specialty Rooms: Laundry Room, Utility Room
- Total Bedrooms: 3
- Accessibility Features: Parking
Exterior Features
- Dockage: None
- Waterfront: None
- Waterfront: No
- Construction: Concrete, Combo Construction
- Exterior Features: Fencing, Storage, Shed, Outdoor Shower, Detached Guest Qtrs
- Roof: Metal Roof
- Waterview: No Waterview
- Pool: No
Utilities
- Utilities: FKAA
Lot Info
- Deed Restrictions: Unknown
- Flood Zone: AE,0.2 PCT ANNUAL CH
- Parcel Number: 00019570-000000
- Land Size: Less Than 1/4 Acre
- Acres: 0.09
Rental Info
- Rentals Allowed: With Restrictions
- Furnished: Furnished, Negotiable, Partially
Tax Info
- Tax Year: 2023
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Similar Homes in Key West, FL
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $1,525,000 | None Listed On Document | |
Warranty Deed | $1,525,000 | None Listed On Document | |
Warranty Deed | $800,000 | -- | |
Warranty Deed | $340,000 | -- | |
Personal Reps Deed | $280,000 | -- | |
Warranty Deed | $75,000 | -- | |
Deed | $70,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $147,000 | Commercial | |
Previous Owner | $55,000 | Commercial |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/08/2025 07/08/25 | Sold | $1,525,000 | -7.6% | $820 / Sq Ft |
01/03/2025 01/03/25 | For Sale | $1,650,000 | -- | $887 / Sq Ft |
Tax History Compared to Growth
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 | $7,025 | $899,247 | -- | -- |
2023 | $7,025 | $893,057 | $0 | $0 |
2022 | $5,922 | $646,315 | $0 | $0 |
2021 | $5,492 | $521,245 | $0 | $0 |
2020 | $3,338 | $277,818 | $0 | $0 |
2019 | $3,248 | $266,641 | $0 | $0 |
2018 | $3,341 | $274,907 | $0 | $0 |
2017 | $3,289 | $271,882 | $0 | $0 |
2016 | $3,209 | $245,555 | $0 | $0 |
2015 | $3,311 | $259,169 | $0 | $0 |
2014 | $3,147 | $223,415 | $0 | $0 |
Agents Affiliated with this Home
-
T
Seller's Agent in 2025
Tammy Stiles
Berkshire Hathaway HomeServices Knight & Gardner Realty
Map
Source: Key West Association of REALTORS®
MLS Number: 612943

APN: 00019570-000000
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