Active
1824 Fogarty Avenue
Key West FL, 33040
$1,995,000
$831.94 per sqft
Active
6 Beds
7 Baths
2,398 sqft
Multi-family
Built in 1950
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!
611437
MLSⓇ ID
September 12, 2024
Listed
October 14, 2024
Updated
Map
1824 Fogarty Avenue
Key West FL, 33040
Interior Features
Bedrooms
6
Total Bathrooms
7
Full Bathrooms
6
Half Bathrooms
1
Appliances
Washer, Microwave, Oven, Range, Refrigerator, Dryer
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Space Heater
Exterior/Building Features
Lot Size
0.22 Acres
Exterior Features
Bar, Water Display, Storage, Shed, Privacy Wall/Fence, Fencing, Chickee Hut
School Information
School District
Yes
Other Property Details
Area Name
02 - Key West
Taxes
$10,478
Tax Frequency
Annually
Days on Market
1
Association Amenities
None
Garage
No
Parking
Off Street Parking
View
Yes
View Description
No Waterview
County
Monroe
Pool
Yes
Pool Features
In Ground
Zoning
SF - Single Family
Listed by Brett Tyler Smith with Dreamwater Key Properties
Listing Contact:
The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 10/14/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 10/14/2024 at 11:54 PM UTC