$2,000,000
 $10,736 est/mo Sourced by Back At You

704 Caroline Street,KEY WEST, FL 33040

KEY WEST, FL 33040

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Description

Triplex investment property! Prime location only 1 block from the historic Key West seaport and 2 blocks from Duval St. The downstairs offers 2 units which include a 1/1 with kitchenette and a 1/1 with full kitchen. Enjoy the front porch facing Caroline St. or spend a lazy afternoon lounging by the dip pool in the backyard. Ascend the gorgeous wooden staircase to the upstairs unit which includes the 2nd and 3rd floors and has many features reminiscent of an old ship accented by beautifully detailed wood trim. This 2/3 unit includes hardwood floors, stained glass details, a loft/office, a front porch for relaxing, a small back porch overlooking the pool, and a unique widow's walk where you can enjoy a bit of privacy in the treetops. The kitchen includes a built-in water filtration system, the master bedroom is a generous size, and you'll find storage galore throughout the home with built-ins, nooks, and crannies. This historic home has high ceilings throughout, and the windows (except skylights) are hurricane rated. The owners currently live in the upstairs unit and use the first-floor units as monthly vacation rentals. Any of the units could be used as long-term rentals, or the property could potentially be converted into an up/down duplex or returned to its original configuration as a single-family home. Enjoy the close proximity to all the amenities this great location offers in Old Town. This historic gem is awaiting your vision.

Details

MLS #611509
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1928
Days On Site275
Listing Provided ByeXp Realty LLC | LaReta J Morrison

Features

Bed(s)4
Bath(s) 5 Total
SQ Feet2,080
PoolYes
Units3
ZoningHMDR - Historic Medium Density R
Acreage0.04
Water FrontNone
Property ViewNo Waterview

Taxes

Property17074

Market Activity 33040

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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

StateFL
CountyMonroe
CityKEY WEST
Zip Code33040
Area01 Key West
Community NameOld Town Unrecord (1.0)
Listing VS Median (in Old Town Unrecord (1.0))
Price:
$2,000,000
low | high
Med:
$1,900,000
55% of Average
SqFt:
2,080
low | high
Med:
1,366
84.326923076923% of Average
$ / SqFt:
$962
low | high
Med:
$1,395
4.966935760907% of Average
On site:
275
low | high
Med:
83.500000
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.5M - $2.5M
SqFt: 1,500 - 2,500
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Listing Updated: May 29, 2025 at 10:39:29 AM PDT