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    Key West, FL 33040

    For Sale
    $2,300,000

    Apartment 3 or more - Key West, FL

    Days on Market:
    370
    Last Refresh:
    Dec 6 at 11:06 am

    Property Features for

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MDR-1 - Medium Desnity Residential
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    Bathrooms
    4
    APN
    00046600-000000
    Appliances
    Dryer, Range

    Building Details

    Year built
    1963
    Floors in Building
    1
    Number of units
    4
    Architectural style
    Other

    Berkshire Hathaway Keys Real Estate | Knight & Gardner Realty (305) 294-5155 [email protected]

    Listing agent Raymond J Capas (305) 294-5155 License #171355

    Listing date Dec 2, 2024

    MLS# 610922 Listing URL

    Copyright © 2025 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 property features a complex of four townhouse units situated on a landscaped 10,000 sq ft parcel. The complex comprises two side-by-side duplexes, legally subdivided into four individual units. Each licensed unit has 750 sq ft under air, with separate legal descriptions, parcel numbers, insurance policies, and utility meters. Each unit includes its own laundry room addition directly off the kitchen, equipped with new washers and dryers. The property has been operated as a successful rental property. The only common area is the roof over each duplex, the shared wall between the units and walkways between, and on either side of each of the (2) duplexes. Mature, well-maintained landscaping surrounds the property, separating the units. Additional amenities include oversized covered front porches with high, open-beamed ceilings, and on-site parking for 10 cars. The property has been continually well-maintained, with painting, new air conditioners and water heaters replaced when needed, and blinds and curtain rods on all windows. All roof screws were replaced and new ones added to code standards. The property is zoned MDR-1 - Medium Density Residential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    Key West
    County
    Monroe
    State
    Florida
    Longitude
    -81.6849
    Latitude
    24.5796

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    FAQs

    What type of property is this?
    Quadplex - Four-unit townhouse complex on a 10,000 sq ft lot.
    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 $2,300,000.
    What are key features of this property?
    This property features: - Development opportunity: 4 townhouse units on a 10,000 sq ft lot, legally subdivided.; - Strong rental income potential with upcoming rent increases.; - Value-add opportunities: Potential to increase property value by adding a common lap pool/patio area or private pools for rear units.
    (305) 294-5155
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    Key West, FL 33040
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

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    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Key West, FL 33040
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