$1,350,000

Tropical Living Meets Investment Opportunity in the Heart of Key West! Welcome to 2503 Fogarty Avenue, a charming income producing multi unit property tucked behind a classic white picket fence. Offering a total of 5 bedrooms and 3 bathrooms across two separate residences, this versatile property combines modern comforts, tropical outdoor living and exceptional investment potential. The front residence features 2 bedrooms and 1 bathroom, beginning with a covered front porch perfect for morning coffee or relaxing. Inside high ceilings create a bright airy atmosphere while the updated kitchen features granite countertops, white cabinetry and a gas range. Additional conveniences include an in unit washer and dryer, along with separate water and electric meters. Privately situated at the rear of the property, the spacious 2 bedroom, 1 bathroom residence is a true tropical retreat. Step outside into your own lush backyard oasis where mature mango and banana trees surround a large in ground concrete swimming pool. A generous lanai provides the perfect setting for alfresco dining, entertaining guests, or simply enjoying the Key West lifestyle. This residence also features a full kitchen, washer and dryer, and impact-resistant windows and doors. Adding even more versatility is a newly renovated bonus unit along the side of the home, complete with a private teak outdoor patio, an inviting space offering additional flexibility and privacy. Whether you're looking to expand your investment portfolio, enjoy multigenerational living or occupy one residence while generating rental income from the others, 2503 Fogarty Avenue offers an outstanding opportunity to own an exceptional Key West property!