2405 Flagler Avenue, Key West, FL 33040 (MLS# 593781)

2405 Flagler Avenue, Key West, FL 33040

$755,000

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,479 Lot Size (sq. ft.): 6,047 Status: Closed

Current Price: $755,000 List Date: 12/16/2020 Last Modified: 12/17/2025

Description

Great investment opportunity! Beautifully updated duplex in Mid-town. Close to Key West High school, grocery stores and minutes from Key West best restaurants and Duval Street. Each unit is 2 BD/1 BA and boasts large bed rooms, updated kitchens, and private back yards. Rent the entire property and collect rental income or live in one unit and rent out the other to offset the mortgage. The property was recently updated including new roof, electric, all spalling work, and painted. Property is estimated to bring a 5.5% ROI. Vacant and very easy to show. Short notice ok.

More Information MLS# 593781

Contract Information

Listing Board: Key West Association As is Rght to Inspct: Yes Bank Owned: No Current Price: $755,000 Listing Date: 2020-12-16 Sold Price: $755,000

Location, Tax & Legal

KW Neighborhood: Midtown West City: KEY WEST Mile Marker: 3 Marathon Neighborhood: N/A Side: Median Flood Zone: AE Alternate Key #: 1046272 Parcel #: 00045690-000000 Zoning: MDR-1 - Medium Desnity Residential Deed Restrictions: Unknown Legal: KW KW REALTY CO'S FIRST SUB PB1-43 PT LT 1 AND ALL LT 2 AND PT LT 3 SQR 7 TR 21 G53-283/88 OR807-1923/25 OR970-1902 OR97 Taxes: 4089 Tax Year: 2019 Pub Sewer HkUp: Yes Street #: 2405 Street Name: Flagler Street Suffix: Avenue 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: Multi-family Waterfront: No Control Depth: 0 Lot SqFt: 6047 Pool: No Total Units: 2 Acres: 0.14 SqFt Source: Property Data Card Rentals Allowed: With Restrictions Style: Duplex Year Built: 1950 Living Apx SqFt: 1479 Total Bedrooms: 4 Full Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: Great investment opportunity! Beautifully updated duplex in Mid-town. Close to Key West High school, grocery stores and minutes from Key West best restaurants and Duval Street. Each unit is 2 BD/1 BA and boasts large bed rooms, updated kitchens, and private back yards. Rent the entire property and collect rental income or live in one unit and rent out the other to offset the mortgage. The property was recently updated including new roof, electric, all spalling work, and painted. Property is estimated to bring a 5.5% ROI. Vacant and very easy to show. Short notice ok.

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

Dryer: 1 Microwave: 1 Range: 1 Refrigerator: 1 Washer: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Tile: 1

Interior Features

Built-in Cabinets: 1

Building Style

Above Flood: Unknown Ground Level: 1

Vehicle Storage

Off Street Parking: 1

Construction

CBS: 1

Land Size

More than 1 Lot: 1

Furnished

Unfurnished: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Open Porch/Balcony: 1

Title

Negotiable: 1

Pre-Wired

Cable: 1

Roof

Metal Roof: 1

Financial Status

Bank Owned: No

Status Change Info

Sold Date: 2021-02-05 Sold Price: $755,000 Status: Closed

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Building Style: Ground Level Vehicle Storage: Off Street Parking Furnished: Unfurnished Cooling: Ceiling Fans(s); Central Air Utilities: FKAA; Municipal Sewer Interior Features: Built-in Cabinets Pre-Wired: Cable Appliances: Dryer; Microwave; Range; Refrigerator; Washer Construction: CBS Floor: Tile Roof: Metal Roof Land Size: More than 1 Lot Title: Negotiable

Listing Office: Keys Atlantic Realty

Last Updated: December - 17 - 2025

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.