737 Olivia Street, Key West, FL 33040

$1,850,000
4
BD
3
BA
1,860
SqFt
List Price
$1,850,000
MLS#
610069
Style
Multi-Units
Status
ACTIVE
Island
Key West
County
Monroe
City
Key West
Area
02 - Key West
Subdivision
Old Town - Unlisted (1.0)
Neighborhood
Old Town-N of Truman
Bedrooms
4
Bathrooms
3
Living Area
1,860
Acres
0.09
Year Built
1979
Days on Market
24

Property Description

This triplex is situated in a prime area of Old Town, just three blocks away from Duval Street. It presents an attractive investment opportunity with its three separate units, offering potential for rental income, extended family stays, or versatile usage. Constructed from concrete blocks in 1979, this property's main unit is currently occupied by the owners, who benefit from consistent rental earnings from the other two units, frequented by repeat monthly guests. Unit A comprises two bedrooms and one bath, spanning 768 sq. ft., while Units B and C are one-bedroom, one-bath units with 528 and 564 sq. ft. each. Each unit features its own laundry facilities and a private outdoor patio area perfect for relaxation. Additional conveniences include on-site parking and storage. The property's strategic location, mere minutes from Duval Street, restaurants, bars, beaches, historical landmarks and waterfront attractions, enhances its appeal as a multi-unit investment. Take the opportunity to explore this property today and envision its myriad possibilities! Professional pictures coming soon!

Additional Information

Taxes
$7,025
Construction
Combo Construction, Concrete
Flooring
Laminate, Wood, Tile
Furnished
Furnished, Partially
Appliances
Disposal, Washer, Stainless Steel Appliance(s), Oven, Refrigerator, Range, Microwave, Dryer
Heating and Air
Wall/Window Unit(s)
Pets
Pets Allowed
Exterior Features
Detached Guest Qtrs, Storage, Shed, Outdoor Shower, Fencing
Roof
Metal Roof
Garage Capacity
1
Waterview Description
No Waterview
Waterfront Description
None
Side
Median
Zoning
HMDR - Historic Medium Density Residential
Flood Zone
AE,0.2 PCT ANNUAL CH
Mile Marker
1
Min Rental Days
28
Terms
Cash, Conventional

Mortgage Calculator

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Calculator source: Real Geeks

Listing Courtesy Of Berkshire Hathaway Knight & Gardner, Contact: (305) 294-5155