Description
Turn-Key, Fully Renovated Duplex in Prime Mid-Town Key West .This exceptional property offers flexibility for use as a vacation home, primary residence, or investment opportunity with a high ROI. Conveniently situated along the dedicated cross-town bike trail, this duplex is a proven income generator, with detailed financial records available. Currently, 2513A (front unit) has been rented units long-term at $4,200 per month, set to expire in October 2025. The back unit lease recently expired but it has historically rented long-term at $4,200. Currently has a 60-day kick-out clause lease in place with a -monthly rent of $3,950. The duplex is also eligible for use as an Airbnb, as both units hold Key West's required 28-day rental licenses. The property features two mirrored units, each comprising two bedrooms and one bath (4 bedrooms and two baths in total). Renovated extensively in 2020/2021, upgrades include hurricane impact windows, new AC units, a newer roof with solar-powered attic fans, and updated plumbing with PVC replacing all cast iron drain lines, installed in 2021. This meticulously updated duplex offers both modern comfort and strategic investment potential.
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4BEDS
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0.11ACRES
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2BATHS
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01/2 BATHS
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1,224SQFT
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$813$/SQFT
School Ratings & Info
Description
Turn-Key, Fully Renovated Duplex in Prime Mid-Town Key West .This exceptional property offers flexibility for use as a vacation home, primary residence, or investment opportunity with a high ROI. Conveniently situated along the dedicated cross-town bike trail, this duplex is a proven income generator, with detailed financial records available. Currently, 2513A (front unit) has been rented units long-term at $4,200 per month, set to expire in October 2025. The back unit lease recently expired but it has historically rented long-term at $4,200. Currently has a 60-day kick-out clause lease in place with a -monthly rent of $3,950. The duplex is also eligible for use as an Airbnb, as both units hold Key West's required 28-day rental licenses. The property features two mirrored units, each comprising two bedrooms and one bath (4 bedrooms and two baths in total). Renovated extensively in 2020/2021, upgrades include hurricane impact windows, new AC units, a newer roof with solar-powered attic fans, and updated plumbing with PVC replacing all cast iron drain lines, installed in 2021. This meticulously updated duplex offers both modern comfort and strategic investment potential.
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