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2007 Flagler Avenue

Key West, FL 33040
  • $875,000
  • STATUS: Closed
  • ON SITE: 401 Days
  • MLS #: 616010
Sold - 03/27/2026
$875,000
SOLD - 03/27/2026
  • 6
    BEDS
  • 0.11
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 2,102
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1938
County:

School Ratings & Info

Description

Discover a smart investment opportunity and a relaxed lifestyle right in Key West's Midtown. This actively leased duplex is ideally located, just steps from Key West High School and close to beaches, restaurants and postcard-worthy sunsets. With two spacious units, the property generates a robust monthly income of $9000, totaling approximately $108,000 annually. Whether you're an investor looking for strong returns or a buyer dreaming of island living with built-in income, this property delivers exceptional flexibility. Live in one unit and lease the other, or rent out both for maximum cash flow. The interiors are updated, offering generous bedrooms and a flexible layout. Zoned for multi-family use and located on a 5000 sq ft lot, this 2-story duplex is an excellent opportunity for savvy buyers looking for both ROI and tropical tranquility in paradise.

Monthly Payment Calculator



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Saltwater Real Estate Florida Keys Inc are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.saltwaterkeys.com/homes/166498394
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2007 Flagler Avenue Key West, FL 33040

  • Price: $1,249,999
  • Status: Closed
  • On Site: 401 Days
  • MLS #: 616010
6
Beds
5
Baths
0
½ Baths
0.11
Acres
2,102
SQFT
$0
$/SQFT
1938
Built
Neighborhood:
Midtown East
County:
Monroe
Area:
03 - Key West
Property Description
Discover a smart investment opportunity and a relaxed lifestyle right in Key West's Midtown. This actively leased duplex is ideally located, just steps from Key West High School and close to beaches, restaurants and postcard-worthy sunsets. With two spacious units, the property generates a robust monthly income of $9000, totaling approximately $108,000 annually. Whether you're an investor looking for strong returns or a buyer dreaming of island living with built-in income, this property delivers exceptional flexibility. Live in one unit and lease the other, or rent out both for maximum cash flow. The interiors are updated, offering generous bedrooms and a flexible layout. Zoned for multi-family use and located on a 5000 sq ft lot, this 2-story duplex is an excellent opportunity for savvy buyers looking for both ROI and tropical tranquility in paradise.
Exterior Features

Architectural Style [] Attached Garage YN No Construction Materials Frame Dockage None Exterior Features FencingShed Parking Features [] Patio And Porch Features Open Porch/BalconyPatio Pool Features [] Pool Private YN No Roof Metal Roof Shutters Panel Vehicle Storage Off Street Parking View [] Waterview No Waterview Window Features [] Windows Doors French DoorsGlass Doors

Interior Features

Accessibility Features [] Appliances WasherDryerRefrigeratorRangeMicrowave Cooling Central AirCeiling Fans(s)Ductless Cooling YN Yes Flooring TileLaminate Furnished Unfurnished Interior Quartz Countertops Interior Features Quartz Countertops Laundry Features [] Levels [] Rooms Total 0

Property Features

Above Flood Unknown Association Fee 0 Association Fee Includes None Association YN No Association1st Right Of Refusal No Bank Owned No Building Features [] Community Features [] Control Depth 0 Deed Restricts Unknown Electric [] Flood Zone AE Frontage Type [] Green Energy Generation [] Green Water Conservation [] KWNeighborhood Midtown East Land Size Less Than 1/4 Acre Listing Terms AssumableCashConventionalFHA Marathon Nbhd N/A Mile Marker 3 Min Rental Days 30 Other Equipment [] Other Structures [] Pets Allowed Yes Property Condition [] Property Sub Type Duplex Public Sewer Hookup Yes Rental Allowed With Restrictions Security Features [] Special Licenses [] Tax Annual Amount 7180.26 Tax Legal Description KW KW REALTY COS FIRST SUB PB1-43 LOT 2 SQR 3 TR 21 OR137-215/16 OR673-460 OR943-528 OR1625-1046/47 OR2622-1930/31 OR285 Tax Year 2024 Title Negotiable Utilities [] Utilities Info FKAAMunicipal SewerBuyer to Verify Water Source [] Waterfrnt No Waterfront None Waterfront Features [] Waterfront YN No Zoning CL - Limited Commercial

Listing courtesy of Stephanie Wise of Keller Williams Key West Compass Realty: 305-292-0020.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Saltwater Real Estate Florida Keys Inc are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Saltwater Real Estate Florida Keys Inc
1075 Duval Street Ste 15C
Key West FL, 33040