$915,000
$949,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
1,224 SqFt
SOLD DATE : 06/20/2025
Key Details
Sold Price $915,000
Property Type Multi-Family
Sub Type Multi-family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,224 sqft
Price per Sqft $747
Subdivision New Town - Unlisted (2.0)
MLS Listing ID 614536
Sold Date 06/20/25
Style Duplex
Bedrooms 4
Full Baths 2
Construction Status CBS
HOA Y/N No
Rental Info Yes
Year Built 1954
Annual Tax Amount $6,286
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Multi-family
Property Description
TWO MORE DAYS ON THE MARKET UNTIL IT IS TAKEN OFF COMPLETELY! Get this high income producing, 100k per year with low expenses, fully renovated duplex in Midtown Key West. This property offers flexibility for use as a vacation home, primary residence, or investment opportunity with a HIGH ROI. This duplex is a proven income generator, with detailed financial records available. The property features two mirrored units, each comprising two bedrooms and one bath (4 bedrooms and two baths in total). Renovated extensively in 2019-2021, upgrades include hurricane impact windows, new AC units, a newer roof with solar-powered attic fans, and updated plumbing with PVC replacing all cast iron drain lines, installed in 2021. This meticulously updated duplex offers both modern comfort and strategic investment potential The duplex is also eligible for use as an Airbnb, as both units hold Key West's required 28-day rental licenses with historic inquiries of at most $11K/month for peak months. Appraisal approved!
Location
State FL
County Monroe
Community Midtown East
Area 03 - Key West
Zoning SF - Single Family
Interior
Heating Ceiling Fans(s)
Cooling Ceiling Fans(s)
Furnishings Furnished
Appliance Washer, Microwave, Oven, Refrigerator, Dryer
Exterior
Parking Features Open Parking, Off Street Parking
Utilities Available FKAA
Waterfront Description None
View No Waterview
Private Pool No
Building
Sewer Yes
Construction Status CBS
Others
SqFt Source Seller
Pets Allowed Pets Allowed
Read Less Info
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Bought with RE/MAX Keys Connection (KW)