Karol Marsden
Langley Knight Gardner Islamorada
(786) 751-4270
30 Total Sales
2 in Old Town
$1,550,000 Price Range
Situated in the heart of Old Town Key West, this exceptional multi-family property offers four well-maintained 2-bedroom, 2-bathroom apartments--perfectly positioned for strong, consistent rental income. Just a short stroll to Duval Street, renowned restaurants, the Truman Waterfront, and local attractions, this property is ideally located for long-term or monthly rentals.Each unit features a private entrance, full kitchen, and a bright, functional layout, making it a turnkey opportunity for investors. The property also includes a 3,898 sq ft vacant lot directly behind the main building, offering rare development or expansion potential. The lot benefits from a dedicated access strip that connects directly to the frontage road, providing valuable street access and enhancing its usability for future projects.Whether you're looking to expand your portfolio, develop additional units, or simply hold a high-demand rental asset with room to grow, this is a rare find in one of Key West's most desirable neighborhoods.
Co-Listed By
Parker Simpson
Buy The Keys License #3343423
Karol Marsden
Langley Knight Gardner Islamorada
(786) 751-4270
30 Total Sales
2 in Old Town
$1,550,000 Price Range
Dawn Thornburgh
Beach Club Brokers (KW)
(786) 751-6723
20 Total Sales
5 in Old Town
$1.7M - $3.4M Price Range
Dan Serban
Key West Luxury Real Estate Inc (KW)
(786) 589-8683
62 Total Sales
11 in Old Town
$4K - $3.4M Price Range
Jennifer Newman
Truman & Co. (KW)
(786) 751-3305
66 Total Sales
33 in Old Town
$620K - $6.5M Price Range
Miriam Novotny
Compass Florida, LLC
(786) 933-8090
48 Total Sales
6 in Old Town
$380K - $1.6M Price Range
Terrance Sullivan
Ocean Sotheby's International Realty
(888) 612-4007
65 Total Sales
13 in Old Town
$710K - $6.4M Price Range
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/27/2026 02/27/26 | Sold | $2,000,000 | -15.9% | $566 / Sq Ft |
| 06/21/2025 06/21/25 | For Sale | $2,378,000 | -- | $673 / Sq Ft |
Seller's Agent in 2026
Richard Haskins
Buy The Keys
(305) 916-9020
5 in this area
19 Total Sales
PS
Seller Co-Listing Agent in 2026
Parker Simpson
Buy The Keys
Source: Marathon and Lower Keys Association of REALTORS®
MLS Number: 615878
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