1824 Fogarty Avenue, Key West, FL 33040

$1,995,000
6
BD
7
BA
2,398
SqFt
List Price
$1,995,000
MLS#
611437
Style
Multi-Units
Status
ACTIVE
Island
Key West
County
Monroe
City
Key West
Area
02 - Key West
Subdivision
Key West Investment Co Sub (1.0)
Neighborhood
Midtown West
Bedrooms
6
Bathrooms
7
Half Baths
1
Living Area
2,398
Year Built
1950
Days on Market
32

Property Description

Discover a unique investment opportunity in the heart of Key West with this exceptional 4-unit multifamily property. The owner's unit is a 3/3.5, and the three cottages are all 1/1. Centrally located and close to all the action. This tropical enclave spans nearly 9,500 square feet and includes four legal units, a pool and tiki bar. There's plenty of space to expand any of the cottages, or use as off-street parking. The property currently generates over $75,000 annually in rental income without including the main unit which the owner resides in. Enjoy the tropical lifestyle with ample outdoor space, all while living in one of the units and renting out the others. Ideally located close to local attractions, vibrant nightlife, and stunning beaches, this property offers both a lucrative investment and a unique living arrangement. Don't miss out--contact us today to explore this rare gem!

Additional Information

Taxes
$10,478
Construction
Frame
Furnished
Unfurnished
Appliances
Washer, Microwave, Oven, Range, Refrigerator, Dryer
Heating and Air
Wall/Window Unit(s)
Pets
Pets Allowed
Exterior Features
Bar, Water Display, Storage, Shed, Privacy Wall/Fence, Fencing, Chickee Hut
Parking Description
Off Street Parking
Pool
Yes
Pool Info
In Ground
Waterview Description
No Waterview
Waterfront Description
None
Side
Median
Zoning
SF - Single Family
Flood Zone
AE
Mile Marker
1
Min Rental Days
28

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy Of Dreamwater Key Properties, Contact: (561) 271-8016