1824 Fogarty Avenue , KEY WEST, FL 33040
KEY WEST, FL 33040
Description
Discover a unique investment opportunity in the heart of Key West with this exceptional 4-unit multifamily property. The owner's unit is a 3/3.5, and the three cottages are all 1/1. Centrally located and close to all the action. This tropical enclave spans nearly 9,500 square feet and includes four legal units, a pool and tiki bar. There's plenty of space to expand any of the cottages, or use as off-street parking. The property currently generates over $75,000 annually in rental income without including the main unit which the owner resides in. Enjoy the tropical lifestyle with ample outdoor space, all while living in one of the units and renting out the others. Ideally located close to local attractions, vibrant nightlife, and stunning beaches, this property offers both a lucrative investment and a unique living arrangement. Don't miss outcontact us today to explore this rare gem!
Details
| MLS# | 611437 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 28 |
| Listing Provided By | Dreamwater Key Properties | Brett Tyler Smith |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 7 Total |
| SQ Feet | 2,398 |
| Pool | Yes |
| Units | 4 |
| Zoning | SF - Single Family |
| Acreage | 0.22 |
| Water Front | None |
| Property View | No Waterview |
Market Activity 33040
The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Key Colony Beach Realty, Inc. are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.
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Learn More About This Property
| State | FL |
|---|---|
| County | Monroe |
| City | KEY WEST |
| Zip Code | 33040 |
| Area | 02 Key West |
| Community Name | Key West Investment Co Sub (1.0) |
| Listing VS Median (in Key West Investment Co Sub (1.0)) | |
Price: $1,995,000 low | high Med: $1,897,500 SqFt: 2,398 low | high Med: 2,137 $ / SqFt: $832 low | high Med: $896 On Site: 28 low | high Med: 15.500000 | |