1401 5Th Street, Key West, FL 33040

New Listing
$1,379,000
Property Type: Residential Bedrooms: 6 Baths: 3 Square Footage: 2,434 Lot Size (sq. ft.): 7,500 Status: Active
Current Price: $1,379,000 List Date: 12/15/2025 Last Modified: 12/15/2025

Description

Rare Opportunity: Three Charming Homes on Adjacent Lots - Unlimited Potential! Discover the perfect investment opportunity with these three vintage 2-bedroom, 1-bathroom homes, nestled on separate adjoining lots and being sold together as a single package. Situated in a desirable location, this unique offering provides incredible flexibility for visionary buyers. Each home offers cozy layouts that are ripe for restoration or redevelopment. The true value lies in the combined potential of these properties—create a sprawling family estate, build a modern multi-home compound, or explore other construction options to maximize value. With their combined potential and prime location, these homes are a once-in-a-lifetime opportunity for developers, investors, or those looking to build their dream family retreat. Don't miss out, bring your imagination and start planning the possibilities today! Contact me to schedule a showing and envision the future of this incredible property package!

More Information MLS# 617703

Contract Information

Listing Board: Key West Association As is Rght to Inspct: Yes Current Price: $1,379,000 Listing Date: 2025-12-15 List Price: $1,379,000

Location, Tax & Legal

KW Neighborhood: Midtown East City: KEY WEST Mile Marker: 3 Marathon Neighborhood: N/A Side: Median Flood Zone: AE Alternate Key #: 9082031 Add'l Parcel #1: 00046650-000000 Parcel #: 00046650-000100 Add'l Parcel #2: 00046650-000200 Zoning: SF - Single Family Deed Restrictions: Unknown Taxes: 3027 Tax Year: 2025 Pub Sewer HkUp: Yes Street #: 1401 Street Name: 5Th Street Suffix: Street Key/Island: Key West State/Province: FL Zip Code: 33040 County: Monroe Subdivision: Key West Realty Cos Sub (3.0) Area: 03 - Key West

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: No Control Depth: 0 Lot Size: 7500sf total of 3 lots Lot SqFt: 7500 Pool: No Lot Sqft Source: Property Data Card Total Units: 3 SqFt Source: Tax Records Rentals Allowed: With Restrictions Min Rental Days: 30 Style: Single Family Year Built: 1948 Living Apx SqFt: 2434 Total Bedrooms: 6 Full Baths: 3 Total Baths: 3

Remarks & Misc

Remarks – Consumer: Rare Opportunity: Three Charming Homes on Adjacent Lots - Unlimited Potential! Discover the perfect investment opportunity with these three vintage 2-bedroom, 1-bathroom homes, nestled on separate adjoining lots and being sold together as a single package. Situated in a desirable location, this unique offering provides incredible flexibility for visionary buyers. Each home offers cozy layouts that are ripe for restoration or redevelopment. The true value lies in the combined potential of these properties—create a sprawling family estate, build a modern multi-home compound, or explore other construction options to maximize value. With their combined potential and prime location, these homes are a once-in-a-lifetime opportunity for developers, investors, or those looking to build their dream family retreat. Don't miss out, bring your imagination and start planning the possibilities today! Contact me to schedule a showing and envision the future of this incredible property package!

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee $: 0

Fee Includes

None: 1

Dockage

None: 1

Tax Exemptions

None: 1

Appliances

Range: 1 Refrigerator: 1

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Wall/Window Unit(s): 1

Waterfront

None: 1

Waterview

No Waterview: 1

Property Condition

Fixer Upper: 1

Building Style

Above Flood: Unknown Ground Level: 1

Vehicle Storage

Off Street Parking: 1

Construction

Frame: 1

Land Size

More than 1 Lot: 1

Furnished

Unfurnished: 1

Terms

Cash: 1 Conventional: 1

Utilities

Cable Available: 1 Elect Separate Meter: 1 FKAA: 1 Municipal Sewer: 1 Water Separate Meter: 1

Porch/Balcony

Open Porch/Balcony: 1

Exterior Features

Fencing: 1 Shed: 1

Status Change Info

Status: Active

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Fixer Upper Building Style: Ground Level Vehicle Storage: Off Street Parking Furnished: Unfurnished Cooling: Ceiling Fans(s); Wall/Window Unit(s) Utilities: Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Appliances: Range; Refrigerator Exterior Features: Fencing; Shed Construction: Frame Pets: Pets Allowed Land Size: More than 1 Lot Terms: Cash; Conventional
Listing Office: Realty ONE Group Destination
Last Updated: December - 15 - 2025
Broker Attribution: rogdestination@gmail.com

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.