Key West, FL 33040 Key West, FL 33040
- Added:
- Mar 30, 2026
- Days on Market:
- 23
- Last Refresh:
- Apr 21 at 12:06 pm
Property Features
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- MDR-1 - Medium Desnity Residential
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Appliances
- Dryer, Range
- Standard status
- Active
- APN
- 00046600-000000
- Size
- 750 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 14760
Building Details
- Year built
- 1963
- Floors in Building
- 1
- Number of units
- 4
- Architectural style
- Other
Listing agent Raymond J Capas License #171355 (305) 294-5155
Listing office Berkshire Hathaway HomeServices Knight & Gardner Realty 336 Duval St., Key West, FL (305) 294-5155
Listing date Mar 30, 2026
MLS# 610922
Listing URL
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.
Overview
Key West Townhouse Unit Complex
This is a development opportunity featuring a four-unit townhouse complex situated on a heavily landscaped 10,000 sq ft parcel. The complex comprises two side-by-side duplexes, legally subdivided into four individual licensed units. Each unit is 750 sq ft under air, with separate legal descriptions, parcel numbers, insurance policies, and utility meters. Each unit has its own laundry room addition directly off the kitchens with separate exterior screen doors, including four pairs of new washers and dryers. The property has been continually well maintained with paint, new air conditioners, blinds, and curtain rods on all windows. All roof screws were replaced and new ones added to code standards. Other valuable amenities are the oversized covered front porches with high open beamed ceilings offering additional square footage and valuable on-site parking for 10 cars. Mature, well-maintained landscaping surrounds the property and separates the units. The only common area is the roof over each duplex, the shared wall between the units, walkways between, and on either side of each of the two duplexes. Current below-market rents for each two-bedroom, one-bathroom unit range from $2,225 to $2,900, with lower rents soon to be increased. The property has always operated as a successful rental property. Added value could be realized by installing a lap pool/patio area in the 100' wide backyard as a common use amenity, or by providing a private pool area for each of the rear two units, greatly increasing their sale value. The property is located in Key West, FL 33040 and is zoned MDR-1 - Medium Density Residential.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Map
- City
- Key West
- County
- Monroe
- State
- Florida
- Longitude
- -81.6849
- Latitude
- 24.5796
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four-unit townhouse complex on a 10,000 sq ft parcel.
Where is this quadplex located?
The property is located at Key West, FL.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Development opportunity: 4 townhouse units on a 10,000 sq ft parcel.; Four legally subdivided units with separate legal descriptions, parcel numbers, insurance policies, and utility meters.; Each unit has its own laundry room with new washer & dryer.
