• 1500 Patricia Street STREET KEY WEST, FL 33040

  • $1,589,000
  • 4
    Bed(s)
  • 3
    Baths
  • 2,240
    Sq Ft

Live in Paradise AND have rental income with this LEGAL DUPLEX in Midtown West! Cover your taxes & insurance & generate a profit! 2200 sf of living space on a large corner lot two blocks to ocean. BOTH units hold non-transient monthly licenses, offering many options for use AND income. Live in one unit/ rent the other, rent both, or use as a single family with space for family & friends. Fantastic option for the buyer who values a large lot and home with great flexibility for use and an opportunity for SIGNIFICANT income.Spacious, 1 bedroom apartment upstairs with private entrance & covered porch to enjoy the ocean breeze. Open floor plan, oversized en-suite bedroom with spacious closet, double sink vanity, shower and soaking tub. Separate utilities and laundry. Fully remodeled in 2021. Active, lucrative monthly vaca rental. First floor unit is essentially a single family home with 1518 sf of living space. 3 bedrooms, 2 full baths and light-filled front to back open living. Upon entering, enjoy a freshly furnished living room. Centrally located kitchen and dining flow seamlessly into the rear family room, which opens to a covered porch and large yard. Significant updates throughout 2023/24. Both baths gutted to studs, have new pvc piping and are fresh and modern. Refaced kitchen with quartz counters and new stainless steel appliances. Brand new Mitsubishi mini split system. Original Terrazzo tile was refurbished and sealed, offering a stunning tribute to mid-century Florida design.Exterior of home has also been updated with fresh stucco and paint. Brand new metal roof, built to reflect current codes, ensures the strength of this concrete home and LOW insurances. PLENTY of room for a pool and easy access for construction. Superb location! Artisan Market, tennis and bocce courts, dog park, Higgs Beach, White St Pier and West Martello gardens are all within a 5 min walk. Enjoy a peaceful, quiet neighborhood with Old Town action just 1/2 mile away.

Property Type :

Multi-family

County :

Monroe

Style :

Multi-family

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Property Details

 

Bedroom Information

Total Bedrooms : 4

Laundry Room

Bathroom Information

Total Baths: 3

Full Baths: 3

Interior Features

Pantry,Storage,Quartz Countertops

Appliances : Dishwasher,Range,Washer,Stainless Steel Appliance(s),Refrigerator,Ice Machine,Oven,More Appliances,Microwave,Freezer,Dryer

Roofing Information

Metal Roof

Flooring Information

Terrazzo,Vinyl

Heating & Cooling

Cooling: Ductless

Heating: Ductless

Water Front: No

None

No Waterview

Window Information

Window Treatments: Aluminum Windows

Building Information

Year Built: 1958

Total Units: 2.00

Floor Location: 5548

Construction: Combo Construction

Security System: No Security

Roof: Metal Roof

Exterior Features

Fencing,Privacy Wall/Fence,Fruit Tree(s)

Lot Information

Lot SqFt: 5,548

BK 5 LT 1 KW KAMIEN PLAT NO 2 PB3-46 A SUBDIVISION OF PT TRACT 29 OR6-103 OR39-143/44 OR430-568/569 OR675-744 OR743-295/

Property Information

SQ ft (Living Area): 2,240

View: No Waterview

Subdivision: Kamien Plat #2 (2.0)

Stories: 2 Stories

Listing Price Information

List Price: $1,589,000

Listing Information

Cash,VA,No Seller Finance,FHA,Conventional

Tax Information

Taxes: $9,965

Tax Year: 2023

Parcel Number: 00061450-000000

Tax Exemptions : Homestead

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

Cable Available,Water Separate Meter,Municipal Sewer,FKAA,Elect Separate Meter

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
6810 Front Street #SNL1.., Key West, FL,33040 $1,600,000 2 5 1,200 104108 Sqft
6810 Front Street #SHB42, Key West, FL,33040 $350,000 -- -- 104,108 104108 Sqft
6810 Front Street #SNL 8, Key West, FL,33040 $350,000 -- -- 104,108 104108 Sqft
6810 Front Street #SHB7, Key West, FL,33040 $350,000 -- -- 104,108 104108 Sqft
7200 5th Street, Key West, FL,33040 $9,500,000 -- -- 2,371,316 2371316 Sqft
1500 Albury Street, Key West, FL,33040 $2,600,000 4 3.5 2,240 3500 Sqft
828 Elizabeth Street, Key West, FL,33040 $5,350,000 5 6 2,248 --
1500 Albury Street, Key West, FL,33040 $2,600,000 4 4 2,240 --
1800 Atlantic Boulevard.., Key West, FL,33040 $950,000 2 2 1,311 --
707 Washington Street, Key West, FL,33040 $3,675,000 5 5 3,257 --

ByOwner last updated this listing 04/30/2024 @ 02:21

MLS: 609591
LISTED BY: Dawn Gonet , Berkshire Hathaway Knight & Gardner
SOURCE: Florida Keys MLS, Inc.
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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