$875,000

2007 Flagler Avenue, Key West FL, 33040

Price per sqft$416.27

Built in1938

Property size2,102 sqft

Property typeMulti-family

Overview

Sold

Closed

Listed Aug 1, 2025

Updated 2 weeks ago

Discover a smart investment opportunity and a relaxed lifestyle right in Key West's Midtown. This actively leased duplex is ideally located, just steps from Key West High School and close to beaches, restaurants and postcard-worthy sunsets. With two spacious units, the property generates a robust monthly income of $9000, totaling approximately $108,000 annually. Whether you're an investor looking for strong returns or a buyer dreaming of island living with built-in income, this property delivers exceptional flexibility. Live in one unit and lease the other, or rent out both for maximum cash flow. The interiors are updated, offering generous bedrooms and a flexible layout. Zoned for multi-family use and located on a 5000 sq ft lot, this 2-story duplex is an excellent opportunity for savvy buyers looking for both ROI and tropical tranquility in paradise.

Additional information

MLS^® ID: 616010

Interior Features

Bedrooms: 6
Bathrooms: 5
Cooling: Yes
Basement: No

Exterior Features

Lot Size: 0.11 Acres

Other Property Details

Taxes: $7,180
Tax Frequency: Annually
View: Yes
Pets Allowed: Yes

Listed by Stephanie Lynn Wise with Keller Williams Key West Compass Realty
Listing Contact: 305-563-0073

The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 9/1/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 9/1/2026 at 1:43 AM UTC