7 Beds
4 Baths
2,699 SqFt
7 Beds
4 Baths
2,699 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,699 sqft
Price per Sqft $481
Subdivision New Town - Unrecord (3.0)
MLS Listing ID 618151
Style Above Flood
Bedrooms 7
Full Baths 4
HOA Y/N No
Year Built 1968
Annual Tax Amount $8,312
Tax Year 2025
Lot Size 5,056 Sqft
Acres 0.12
Lot Dimensions 55 X 92
Property Sub-Type Multi-Units
Land Area 2699
Property Description
1614 Dennis St is a rare income-producing triplex offering strong cash flow and flexible use in the heart of Key West. Generating over $130,000 annually in rental income, this well-configured property features three separate units, each with its own washer and dryer, making it highly desirable for long-term tenants and employee housing.
The layout includes two spacious 2-bedroom / 1-bath units and an upstairs 3-bedroom / 2-bath residence, providing multiple rental strategies and value-add potential. A standout feature is parking for up to SEVEN vehicles--a true luxury in Key West and a major draw for tenants. Large Shed on property with two dedicated spaces that could be converted into a workspace.
Ideal for investors seeking steady returns or employers looking for quality workforce housing, this triplex combines strong income, practical design, and exceptional parking in one compelling opportunity.
Please note some photos were digitally staged and or altered to protect tenant privacy.
Location
State FL
County Monroe
Area 03 - Key West
Zoning SF - Single Family
Interior
Interior Features Cathedral Ceilings, Smoke Alarms
Cooling Central Air, Ceiling Fans(s)
Flooring Vinyl, Tile, Combo
Furnishings Unfurnished
Appliance Dryer, Washer, Dishwasher, Range, Refrigerator
Exterior
Exterior Feature Shed
Parking Features Guest, Off Street, Carport
Utilities Available FKAA, Buyer To Verify
Waterfront Description None
Roof Type Combo Roof, Metal Roof
Porch Open Porch/Balcony, Deck
Garage No
Building
Architectural Style Above Flood
New Construction No
Others
HOA Fee Include None
Tax ID 00062930-000000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Pets Allowed Yes