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Furnished Duplex with Off-Street Parking
New
For Sale
$1,395,000

709 Olivia Street, Key West, FL 33040

Residential, Key West, FL

Property Size1,092 SF
Lot Size0.05 Acres
Price / SF$1,277
Days on Market1

Property Features for 709 Olivia Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning HHDR - Historic High Dens
Bedrooms 2
Bathrooms 3
Full bathrooms 2
Half bathrooms 2
Rooms Bathroom 1, Bedroom 1, Bathroom 3, Bathroom 2, Bedroom 2, Bathroom 4
Parking features Off Street
Patio and Porch features Deck, Porch
Interior features Built-in Cabinets, Sky Light(s)
Exterior features Fencing
Fencing Fenced
Appliances Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Wine Cooler, Stainless Steel Appliance(s)
Subdivision Old Town - Unlisted (1.0)
View Water
Directions Olivia St/corner of Galveston Lane
Standard status Active
APN 00019010000000
Size 1,092 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Kw Pt Lot 17 Of Tr 5 G10-230 Or559-773 Or758-730 Or861-1042 Or2451-1922/23 Or2800-349 Or3106-0817 Or3158-1877
Tax Annual Amount 11788
Legal Description Kw Pt Lot 17 Of Tr 5 G10-230 Or559-773 Or758-730 Or861-1042 Or2451-1922/23 Or2800-349 Or3106-0817 Or3158-1877

Utilities

Cooling system Ductless

Amenities

laundry
private outdoor area
front porch

Building Details

Year built 1933
Number of units 2
Flooring type Tile, Wood
Building materials Frame
Roof type Metal
Architectural style Other
Listing Agency: Bascom Grooms Real Estate (KW)
Listed By: Bascom L Grooms · License #647099
Added: Aug 31 Last Checked: Aug 31 at 5:06PM
MLS# 621159

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.

Investment Insights

Based on property information with market context.

Located at 709 Olivia Street in Key West, this 1,092-square-foot duplex contains two one-bedroom units, each with one and one-half bathrooms. Built in 1933, the frame property sits on a 0.05-acre fenced corner lot and is offered furnished. Interior details include updated kitchens and bathrooms, hardwood and tile flooring, vaulted ceilings, skylights, built-in cabinets, and ductless cooling. Each unit has its own outdoor area and laundry, while the property also includes a front porch, deck, off-street parking, metal roofing, and appliances including dishwashers, refrigerators, ranges, ovens, wine coolers, washers, and dryers.

The property is in Old Town, within blocks of Duval Street, and is designated HHDR - Historic High Dens zoning and X Flood Zone. Its two-unit layout supports separate residential accommodations within a single property, with fencing and distinct exterior areas adding privacy between the units.

Key Highlights

  • Two legal units, each with 1 bedroom and 1.5 bathrooms
  • 1,092 square feet on a 0.05‑acre fenced corner lot
  • Built in 1933 with frame construction and a metal roof

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Dental Office Auto Parts Store Pet Grooming Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,666
Businesses Nearby

Demographics for 33040, FL

35,958
Population
19,001
Households
1.9
Avg Household Size
44
Median Age
38%
College-Educated
92%
High-School Grad
17.7 sq mi
ZIP Area
2,032
Density / Sq Mi
$79,038
Median Household Income
$42,458
Median Earnings
$2,079
Median Rent
$766,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Legal two-unit property with private outdoor areas, laundry, updated kitchens and baths, and ductless air conditioning.
Where is this duplex located?
The property is located at 709 Olivia Street Key West, FL.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Two legal units, each with 1 bedroom and 1.5 bathrooms; 1,092 square feet on a 0.05‑acre fenced corner lot; Built in 1933 with frame construction and a metal roof
More about this property
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