1224 2nd Street, Key West, FL 33040
MULTI_FAMILY - Other - Key West, FL
- Added:
- May 1, 2026
- Days on Market:
- 48
- Last Refresh:
- Jun 17 at 6:06 pm
Property Features for 1224 2nd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MDR-1 - Medium Desnity Re
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bedroom 2, Bathroom 3, Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 3
- Appliances
- Oven
- Standard status
- Active
- APN
- 00051450-000000
- Size
- 3,000 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- BK 1 LOT 5 SUNSHINE SUB PLAT NO 3 PB2-169 OR51-144 OR438-196 OR561-579 OR592-336 OR845-437 OR1188-247 OR1686-928 OR3167-
- Tax Annual Amount
- 10120
Building Details
- Year built
- 1950
- Building materials
- Combo Construction
- Roof type
- Metal
- Architectural style
- Other
Listing agent Jenna Stauffer License #3394848 (260) 433-2319
Listing office Ocean Sotheby's International Realty 1075 Duval Street, 15C, Key West, FL (305) 294-1117
Listing date May 1, 2026
Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High income potential: Projected to generate over $200,000 annually.
- Value‑add opportunity with major improvements completed: New roof, windows, and updated concrete already in place.
- Condo conversion potential: Offers an additional exit strategy and income upside.
- Reduced risk: Heavy lifting already completed, allowing for immediate upside.
- Strong rental income potential: Projected rental income of $6,000/month for lower units and $7,000/month for upper units.
- Includes oven appliance.
Overview
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Key West
- County
- Monroe
- State
- Florida
- Longitude
- -81.781611
- Latitude
- 24.558677