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2515 Staples Avenue AVENUE

KEY WEST, FL 33040

$1,286,000 $5,421/Mo

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Overview

Bed

Bath

1,752

Sqft

Description

Fully renovated duplex offering immediate income and long-term upside in the heart of Mid-Town Key West. This property delivers the flexibility that today's buyer-investors want, offering a primary residence with income, a vacation retreat, or a pure investment opportunity. Live in one unit while generating strong rental income from the other or maximize returns with two income streams. Short-term rentals restricted to 28 days. Unit A features a spacious 3-bedroom, 2-bath layout with a private patio and projected rental income of approximately $5,000/month while Unit B offers a 2-bedroom, 1-bath layout with a private, decked backyard and is currently leased to reliable, long-term tenants at $4,000/month.Extensively updated in 2020-2021 for modernization and reduced maintenance, including h urricane-impact windows, new AC systems, a newer roof and a full replacement of cast iron plumbing with PVC from the home to the street. The HVAC system has been enhanced with clean ductwork and UV light technology for improved air quality.Unit A is fully enclosed with high-quality vinyl fencing, creating privacy and a clean, finished look while Unit B enjoys a fenced backyard complete with decked area. Positioned along Key West's dedicated cross-town bike trail, this centrally located property offers easy access to beaches, dining, and Old Town. Unit B does carry the required 28-day rental licenses. A rare opportunity to secure a move-in-ready, income-producing property in one of Key West's most desirable and accessible locations. Purchase Unit A, 3 bedroom/2 bath (MLS 619603) or Unit B, 2 bedroom/1 bath (MLS 619604) separately (condo docs to be formed/filed).

Property Details

Property Type : Residential - Single Family

Price : $1,286,000

AD Id : 77663476

MLS Id : 619602

Beds : 5

Living Area Size : 1,752

Year Built : 1955

County : Monroe

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 5

Bathroom Information

Total Baths: 3 Full Baths: 3
Interior Features

Appliances: Washer,Oven,Range,Refrigerator,Dishwasher,Dryer
Roofing Information

Metal Roof

Flooring Information

Tile

Heating & Cooling

Water Front: No None No Waterview

Window Information

Window Treatments: Impact Rstnce Window,Impact Rstnce Doors

Building Information

Year Built: 1955 Total Units: 0.00 Floor Location: 5000 Construction: CBS Roof: Metal Roof
Exterior Features

Fencing

Lot Information

Lot Dimensions: 50 X 100 Lot SqFt: 5,000 KW KW REALTY CO'S FIRST SUB PB1-43 LOT 5 SQR 11 TR 21 G75-296-297 OR196-442-443 OR368-607-608 OR757-27-28 OR906-1191 OR1
Property Information

SQ ft (Living Area): 1,752 View: No Waterview Subdivision: New Town - Unlisted (2.0) Stories: 1 Story

Listing Price Information

List Price: $1,286,000
Listing Information

Cash,VA,Conventional

Tax Information

Taxes: $9,309 Tax Year: 2025 Parcel Number: 00046250-000000 Tax Exemptions: None

Multi-Unit Information

Pets Allowed: Pets Allowed
Homeowners Association Information

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee: $0.00

Utility Information

FKAA

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