This triplex is situated in a prime area of Old Town

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, m re 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!

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on 737 Olivia St
in Key West, FL
Presented by Tammy Stiles at
Berkshire Hathaway HomeServices Knight & Gardner Realty.


Property MLS #610069 from KeyWest

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 4

+ Bathrooms

Total Bathrooms: 3.00
Full Bathrooms: 3

+ Appliances

Washer
Stainless Steel Appliance(s)
Disposal
Microwave
Oven
Range
Refrigerator
Dryer

+ Interior Features

Interior Amenities: Laundry Room, Utility Room
Furnished Description: Furnished, Partially
Flooring: Tile, Laminate, Wood

+ Heating and Cooling

Wall/Window Unit(s)

+ Exterior and Lot Features

Fencing
Storage
Shed
Outdoor Shower
Detached Guest Qtrs
Porch Description: Open Porch/Balcony, Deck

+ Land Info

Lot Size Acres: 0.0918274
Lot Size Square Feet: 4000

+ Garage and Parking

Parking Total: 1

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0
Pets Allowed: Pets Allowed

+ Multi-Unit Info

Number of Units: 3

+ Rental Info

Lease Term: 28.00

+ Other Property Info

Annual Tax Amount: 7025.32
Source Listing Status: Active
County: Monroe
Directions: Duval Street to Olivia Street. Home is on the left hand side.
Tax Year: 2023
Source Property Type: Multi-family
Area: 02 - Key West
Source Neighborhood: Old Town - Unlisted (1.0)
Parcel Number: 00019570-000000
Subdivision: Old Town - Unlisted (1.0)
Zoning: HMDR - Historic Medium De
Property Subtype: Multi-Units
Source System Name: C2C
+ Reveal Property Sale History

Listed 2024-05-20
$1,850,000
KeyWest

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Sold 2004-04-16
$800,000
KeyWest

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Listed 2004-02-16
$815,000
KeyWest

+ Building and Construction

Total Square Feet Living: 1860
Year Built: 1979
Construction Materials: Concrete, Combo Construction
Living Area Source: Tax Records
Property Age: 45
Roof: Metal Roof
House Style: Ground Level

+ Accessibility Features

Parking

+ Utilities

FKAA

+ Display Complete School Details

Horace O'bryant School is a public elementary and middle school located approximately 0.6 miles away.
Map directions

Key West High School is a public middle and high school located approximately 1.2 miles away.
Map directions

The Basilica School is a private elementary and middle school located approximately 0.1 miles away.
Map directions