2515 Staples AVE, Key West, FL 33040
2515 Staples AVE, Key West, FL 33040
2515 Staples AVE, Key West, FL 33040
2515 Staples AVE, Key West, FL 33040
2515 Staples AVE, Key West, FL 33040
2515 Staples AVE, Key West, FL 33040
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Listed by Ea Ruth Loffreno Real Estate
$ 1,286,000
Est. payment | /mo

5 Beds

3 Baths

1,752 SqFt


Save
$ 1,286,000
Est. payment | /mo
Save

5 Beds

3 Baths

1,752 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,752 sqft

Price per Sqft $734

Subdivision New Town - Unlisted (2.0)

MLS Listing ID 619602

Style Above Flood

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1955

Annual Tax Amount $9,309

Tax Year 2025

Lot Size 5,000 Sqft

Acres 0.12

Lot Dimensions 50 X 100

Property Sub-Type Duplex

Land Area 1752

Property 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 hurricane-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 for $879,000 (MLS 619603) or Unit B, 2 bedroom/1 bath for $539,000 (MLS 619604) separately (condo docs to be formed/filed).

Location

State FL

County Monroe

Area 03 - Key West

Zoning SF - Single Family

Direction Easy to access from Roosevelt or Flagler using 7th Street. You would turn left from Roosevelt or right from Flagler. 2515 Staples.

Interior

Flooring Tile

Window Features Impact Rstnce Doors,Impact Rstnce Window

Appliance Dryer, Washer, Dishwasher, Oven, Range, Refrigerator

Exterior

Exterior Feature Fencing

Utilities Available FKAA

Waterfront Description None

Roof Type Metal Roof

Garage No

Building

Architectural Style Above Flood

New Construction No

Others

HOA Fee Include None

Tax ID 00046250-000000

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Pets Allowed Yes

Nearby Locations

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2515 Staples AVE