$1,899,000

Estimated payment $11,462/month

Total Views 15,668
7 Beds
6 Baths
2,790 Sq Ft
$681 Price per Sq Ft

About This Home

Rare opportunity to acquire SEVEN units in the X-Flood Zone in Old Town Key West. That's correct, seven market rate units! That's less than $272K per unit! Renovations in progress. Recent changes to IRS tax code (such as accelerated depreciation) can benefit RE Investors - ask your tax expert. Prime location, just 1/2 block from cemetery and 1/2 block off Truman Ave. Currently configured as 6 units (but City recognizes 7). Presently being used as: one 2-bedroom unit, three 1-bedroom units and 2 studio units. All with separate exterior entrances. Convenient location is close to many Old Town hot spots including world famous Duval St.. Perfect for employee housing or income producing multi-unit property. Advanced notice required before showings and don't expect to see all six of the units at once. Please do NOT disturb tenants. This is a duplicate entry.

Listing Agent

Walt Lee

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3159689 Listed on: 07/24/2025

Berkshire Hathaway HomeServices Knight & Gardner Realty

Map

Home Details

Home Type

Single Family

Year Built

1976

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1976
  • Building Style Above Flood: Yes
  • Property Sub Type: Multi-Units
  • Lot Size: 93 X 29 irregular
  • Co List Office Mls Id: kwa.10017
  • Subdivision Name: Old Town - Unlisted (1.0)
  • Special Features: None

Interior Features

  • Full Bathrooms: 6
  • Total Bedrooms: 7

Exterior Features

  • Waterfront: No
  • Construction Type: CBS
  • Waterfront: None

Utilities

  • Cooling: Wall/Window Unit(s)
  • Utilities: Buyer to Verify

Condo/Co-op/Association

  • Pets Allowed: Yes

Lot Info

  • Parcel Number: 00020870-000000
  • Lot Size Sq Ft: 3002.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 14214.65

Multi Family

  • Number Of Units Total: 7
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $14,215 $1,339,119 $959,814 $379,305
2024 $14,205 $1,319,079 $940,692 $378,387
2023 $14,205 $1,308,180 $939,956 $368,224
2022 $11,217 $1,052,348 $626,637 $425,711
2021 $10,475 $854,289 $462,623 $391,666
2020 $10,123 $833,724 $450,855 $382,869
2019 $9,135 $771,609 $437,617 $333,992
2018 $7,806 $826,770 $492,778 $333,992
2017 $7,576 $831,658 $0 $0
2016 $7,077 $686,861 $0 $0
2015 $6,610 $593,150 $0 $0
2014 $6,088 $476,204 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2025 07/23/25 For Sale $1,899,000 -- $681 / Sq Ft
Source: Key West Association of REALTORS®

Source: Key West Association of REALTORS®

MLS Number: 615913

Key West Association of REALTORS®

APN: 00020870000000056825

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