Bought with Tammy Stiles • Berkshire Hathaway HomeServices Knight & Gardner Realty
$1,525,000
$1,650,000
7.6%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
3 Baths
1,860 SqFt
SOLD DATE : 07/08/2025
Key Details
Sold Price $1,525,000
Property Type Multi-Family
Sub Type Multi-family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,860 sqft
Price per Sqft $819
Subdivision Old Town - Unlisted (1.0)
MLS Listing ID 612943
Sold Date 07/08/25
Style Multi-Units
Bedrooms 3
Full Baths 3
Year Built 1979
Annual Tax Amount $7,025
Tax Year 2023
Property Sub-Type Multi-family
Property Description
Price 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!
Location
State FL
County Monroe
Area 02 - Key West
Zoning HMDR - Historic Medium Density Residential
Interior
Heating Wall/Window Unit(s)
Cooling Wall/Window Unit(s)
Flooring Tile, Laminate, Wood
Exterior
Exterior Feature Fencing, Storage, Shed, Outdoor Shower, Detached Guest Qtrs
Garage Spaces 1.0
Utilities Available FKAA
Waterfront Description None
Roof Type Metal Roof
Private Pool No
Building
Lot Size Range 0.09
Read Less Info
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