$1,995,000
 $10,710 est/mo Sourced by Back At You

1824 Fogarty Avenue , KEY WEST, FL 33040

KEY WEST, FL 33040

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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 outcontact us today to explore this rare gem!

Details

MLS#611437
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1950
Days On Site55
Listing Provided ByDreamwater Key Properties | Brett Tyler Smith

Features

Bed(s)6
Bath(s) 7 Total
SQ Feet2,398
PoolYes
Units4
ZoningSF - Single Family
Acreage0.22
Water FrontNone
Property ViewNo Waterview

Market Activity 33040

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys Board of Realtors.

The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Key Colony Beach Realty, Inc. are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.

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Learn More About This Property

StateFL
CountyMonroe
CityKEY WEST
Zip Code33040
Area02 Key West
Community NameKey West Investment Co Sub (1.0)
Listing VS Median (in Key West Investment Co Sub (1.0))
Price:
$1,995,000
low | high
Med:
$1,972,500
51.127819548872% of Average
SqFt:
2,398
low | high
Med:
2,021
65.721434528774% of Average
$ / SqFt:
$832
low | high
Med:
$1,009
28.713206373598% of Average
On Site:
55
low | high
Med:
31.000000
100% of Average
Sourced by Back At You
Listing Updated: September 12, 2024 at 12:17:46 PM PDT
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