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$1,800,000   Price Analysis
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1304 Elizabeth St
Key West, FL 33040
6 bed 4 bath 2,050 SqFt ($878/SqFt)
3,044SqFt lot. Built 1939
Listed 2024-04-03, Taxes $5,124
Ⓧ USDA Ineligible
due to price & location

near Key West

Located in Key West's Casa Marina historic district on a tranquil one-way street and 2 blocks from the beach

1304 Elizabeth Street presents an exceptional investment opportunity.Nestled in the highly coveted X flood zone nd shaded by a majestic mango tree, this property offers two buildings and three separate units. The downstairs unit includes 2 bedrooms/2 baths, while the upstairs unit features 3 bedrooms/1 bath and the cottage completes the ensemble with 1 bedroom/1 bath. Steeped in history, this property has been cherished by the same family since the early 1800's and the home was once the private residence of a renowned Key West beauty pageant queen.Whether utilized as a primary residence with additional guest accommodations, long-term rental units or exclusive vacation retreats, the versatile HRO zoning status makes this property poised to fulfill a variety of investment objectives.

For an even larger compound, you might also consider purchasing the neighboring property that is currently for sale.Immerse yourself in the vibrant island atmosphere with charming beaches, impressive restaurants, live music, theaters and boutique shopping all within walking distance.Schedule a viewing today and soon you can embark on making your Key West investment dreams come true.


Presented by Lori Langton at
Berkshire Hathaway HomeServices Knight & Gardner Realty.
Listing Agent Photo

Property MLS #609428 from KeyWest

Bedrooms: 6

Total Bathrooms: 4.00
Full Bathrooms: 4

Built-in Cabinets
Furnished Description: Unfurnished
Flooring: Concrete, Vinyl, Tile

Dryer
Range
Washer
Refrigerator
Oven

Ceiling Fans(s)
Wall/Window Unit(s)

Fencing
Privacy Wall/Fence
Porch Description: Open Porch/Balcony, Patio

Lot Size Acres: 0.0698806
Lot Size Square Feet: 3044

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

Number of Units: 3

Lease Term: 28.00

Community Features: Beach

Annual Tax Amount: 5669.32
Source Listing Status: Active
County: Monroe
Directions: From United Street, turn on Elizabeth Street. Property is on the right side.
Tax Year: 2023
Source Property Type: Multi-family
Area: 02 - Key West
Source Neighborhood: D T Sweenys Dia (1.0)
Parcel Number: 00036440-000000
Subdivision: D T Sweenys Dia (1.0)
Zoning: HRO - Historic Residentia
Property Subtype: Multi-Units
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$487,119
$5,124
2021$unknown + $unknown
$446,818
$4,789
2020$unknown + $unknown
$420,986
$4,543
2019$unknown + $unknown
$418,353
$4,547
2018$unknown + $unknown
$434,712
$4,747
2017$unknown + $unknown
$423,444
$4,713
2016$unknown + $unknown
$417,134
$4,582
2015$unknown + $unknown
$379,201
$4,582
2014$unknown + $unknown
$354,023
$4,266
2013$unknown + $unknown
$355,803
$4,366
2012$unknown + $unknown
$334,565
$3,121
2011$unknown + $unknown
$360,414
$3,415
2010$unknown + $unknown
$339,181
$3,324
2009$unknown + $unknown
$520,519
$4,866
2008$unknown + $unknown
$493,447
$4,016
2007$unknown + $unknown
$641,379
$4,931

Listed 2024-04-03
$1,800,000
KeyWest
Listing removed 2020-05-15
$1,500,000
FloridaKeys
Listing removed 2020-05-15
$1,500,000
FloridaKeys
Listing removed 2020-05-15
$1,500,000
Marathon
Listing removed 2020-05-15
$1,500,000
Marathon
Listing removed 2015-11-24
$1,500,000
FloridaKeys
Listing removed 2012-01-05
$1,500,000
Marathon
Listing removed 2007-11-02
$1,500,000
Marathon
Listing removed 2007-11-02
$1,500,000
FloridaKeys
Listed 2005-11-01
$1,500,000
Marathon
Listed 2005-11-01
$1,500,000
FloridaKeys
Listed 2005-11-01
$1,500,000
FloridaKeys
Listed 2005-11-01
$1,500,000
Marathon

Total Square Feet Living: 2050
Year Built: 1939
Construction Materials: CBS, Frame
Living Area Source: Property Data Card
Property Age: 85
Property Condition: Fixer Upper
Roof: Metal Roof, Other Roof
Levels or Stories: 2 Stories
House Style: Conch

Elect Separate Meter
Water Separate Meter
Well
Municipal Sewer
FKAA

Horace O'bryant School is a public elementary and middle school located approximately 0.7 miles away.
directions icon Map directions

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

The Basilica School is a private elementary and middle school located approximately 0.2 miles away.
directions icon Map directions

Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.