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2616 Patterson Avenue

Key West, FL 33040
  • $1,400,000
  • STATUS: Closed
  • ON SITE: 185 Days
  • MLS #: 616054
Sold - 09/26/2025
$1,400,000
SOLD - 09/26/2025
  • 8
    BEDS
  • 0.11
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,880
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Description

LEGAL QUADPLEX SPECIAL! Located in the heart of the island, this TURNKEY four unit concrete FORTRESS features two 2/1 units up and two similar units down and has NEVER FLOODED. Recently completed upgrades include a complete outside facelift and new impact doors and windows, in addition to all new wiring from the street to the meters.From a solid metal roof to tile floors throughout - this building is top to bottom FLAWLESS. Did I mention there is plenty of on site parking?Ample room to add a pool and hot tub!!A savvy investor will purchase as a stable cash cow, a primary resident can occupy one unit through a 3.5% down FHA loan and collect solid rental income, or a creative builder could convert it to two duplexes and sell the highly sought after ROGO units. Whichever position you are in - DO NOT DELAY - this will not last. Seller is motivated and ready to make a deal. Recent appraisal in HAND.

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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/166628470
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2616 Patterson Avenue Key West, FL 33040

  • Price: $1,599,000
  • Status: Closed
  • On Site: 185 Days
  • Updated: 43 min ago
  • MLS #: 616054
8
Beds
4
Baths
0
½ Baths
0.11
Acres
2,880
SQFT
$0
$/SQFT
1963
Built
Neighborhood:
Midtown West
County:
Monroe
Area:
03 - Key West
Property Description
LEGAL QUADPLEX SPECIAL! Located in the heart of the island, this TURNKEY four unit concrete FORTRESS features two 2/1 units up and two similar units down and has NEVER FLOODED. Recently completed upgrades include a complete outside facelift and new impact doors and windows, in addition to all new wiring from the street to the meters.From a solid metal roof to tile floors throughout - this building is top to bottom FLAWLESS. Did I mention there is plenty of on site parking?Ample room to add a pool and hot tub!!A savvy investor will purchase as a stable cash cow, a primary resident can occupy one unit through a 3.5% down FHA loan and collect solid rental income, or a creative builder could convert it to two duplexes and sell the highly sought after ROGO units. Whichever position you are in - DO NOT DELAY - this will not last. Seller is motivated and ready to make a deal. Recent appraisal in HAND.
Exterior Features

Above Flood Unknown Building Style Split Level Construction Concrete Dockage None Land Size Less Than 1/4 Acre Pool YN No Roof Metal Roof Side Median Style Multi-Units Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances Range

Property Features

Assoc Fee 0.00 Assoc Hoa YN No Assoc Right Of Refusal No City KEY WEST Control Depth 3 Deed Restrictions Unknown Fee Includes None Flood Zone AE Key West Neighborhood Midtown West Listing Board Marathon/Lower Keys Mile Marker 3.00 Off Shore Island No Pets With Restrictions YES Public Sewer Hookup Yes Rentals Allowed With Restrictions Sq Ft Source Tax Records Tax Exemptions Homestead Tax Year 2024 Taxes 9957.25 Terms CashFHA Utilities FKAABuyer to Verify Zoning SF - Single Family

Listing courtesy of Mike Kane of Internet Realty of the Florida Keys: (305) 745-9088.


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