Turn-Key, Fully Renovated Duplex in Prime Mid-Town Key West .This exceptional property offers flexibility for use as a vacation home, primary residence, or investment opportunity with a high ROI. Conveniently situated along the dedicated cross-town bike trail, this duplex is a proven income generator, with detailed financial records available. Currently, 2513A (front unit) has been rented units long-term at $4,200 per month, set to expire in October 2025. The back unit lease recently expired but it has historically rented long-term at $4,200. Currently has a 60-day kick-out clause lease in place with a -monthly rent of $3,950. The duplex is also eligible for use as an Airbnb, as both units hold Key West's required 28-day rental licenses. The property features two mirrored units, each comprising two bedrooms and one bath (4 bedrooms and two baths in total). Renovated extensively in 2020/2021, upgrades include hurricane impact windows, new AC units, a newer roof with solar-powered attic fans, and updated plumbing with PVC replacing all cast iron drain lines, installed in 2021. This meticulously updated duplex offers both modern comfort and strategic investment potential.
Mls | 612212 |
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Listing Type | For Sale |
Style | Attachd |
Subtype | Resale |
Status | Contingent/Show |
Year | 1954 |
Days On Site | 25 |
Listing Provided By | Keller Williams Key West Compass Realty | The Watkins Group |
Beds | 4 |
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Baths | 2 Total |
Sq Feet | 1,224 |
Zoning | SF - Single Family |
Acreage | 0.11 |
Water Front | None |
Property View | No Waterview |
State | FL |
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County | Monroe |
City | KEY WEST |
Zip Code | 33040 |
Area | 03 Key West |
Community Name | New Town Unlisted (2.0) |
Listing VS Median (in New Town Unlisted (2.0)) | |
Price: $995,000 low | high Med: $1,133,000 SqFt: 1,224 low | high Med: 1,472 $ / SqFt: $813 low | high Med: $772 On Site: 25 low | high Med: 99.500000 |