Description
Turn-Key, Fully Renovated Duplex in Prime Mid-Town Key West LocationThis exceptional property offers flexibility for use as a vacation home, primary residence, or investment opportunity. Conveniently situated along the dedicated cross-town bike trail in Mid-Town Key West, this duplex is a proven income generator, with detailed financial records available. Currently, both units are leased long-term at $4,200 per month each, with leases set to expire in October 2024. The seller is willing to collaborate with the buyer on tenant relocation if the buyer intends to occupy the property.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 2 bedrooms and 1 bath (4 bedrooms and 2 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.
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4BEDS
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0.11ACRES
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2BATHS
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01/2 BATHS
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1,224SQFT
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$940$/SQFT
School Ratings & Info
Description
Turn-Key, Fully Renovated Duplex in Prime Mid-Town Key West LocationThis exceptional property offers flexibility for use as a vacation home, primary residence, or investment opportunity. Conveniently situated along the dedicated cross-town bike trail in Mid-Town Key West, this duplex is a proven income generator, with detailed financial records available. Currently, both units are leased long-term at $4,200 per month each, with leases set to expire in October 2024. The seller is willing to collaborate with the buyer on tenant relocation if the buyer intends to occupy the property.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 2 bedrooms and 1 bath (4 bedrooms and 2 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.
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