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1224 Flagler Avenue

Key West, FL 33040
  • $1,399,000
  • STATUS: Active
  • ON SITE: 7 Days
  • MLS #: 617518
UPDATED: 77 min ago
$1,399,000
  • 5
    BEDS
  • 0.14
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,146
    SQFT
  • $652
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1958
County:

School Ratings & Info

Description

Step onto the grounds of 1224 Flagler Avenue and discover a versatile property brimming with possibility. This legal duplex with an additional private mother in-law suite offers flexible living arrangements and exceptional rental income potential. It's an ideal opportunity for investors, multi-generational households or anyone seeking both comfort and return. Unit B, on the right, is a stylishly updated 2 bed/1bath home featuring new flooring, a renovated kitchen with stainless steel appliances, and its own washer and dryer. Offered fully furnished and turnkey, it opens to a charming shared backyard perfect for outdoor dining, lounging, or enjoying the Key West breeze. Tucked into the back corner is the separate 1 bed/1bath mother-in-law suite, complete with its own entrance. Whether used for guests, extended family, or additional rental income, this private space adds valuable versatility. On the left, Unit A offers a comfortable 2 bed/2 bath layout with tile floors throughout, a functional kitchen with island seating, glass doors leading to a private fenced backyard, and its own washer and dryer. With a light refresh, it can easily transform into a delightful long-term residence or sought-after rental. Fully fenced along the back and side yard, the property feels tucked away yet remains moments from beaches, shops, schools, and all the charm of Old Town. Blending flexibility, strong income potential, and space to customize, 1224 Flagler Avenue is a rare Key West find perfectly suited to meet your needs while generating multiple revenue streams. **For those seeking even more opportunity, this property may be purchased together with the large home directly behind it at 1217 Johnson Street at a discounted combined price.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Coastal Collection Real Estate Inc. are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.buythekeys.com/homes/170990894
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1224 Flagler Avenue Key West, FL 33040

  • Price: $1,399,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 77 min ago
  • MLS #: 617518
5
Beds
4
Baths
0
½ Baths
0.14
Acres
2,146
SQFT
$652
$/SQFT
1958
Built
Neighborhood:
Midtown West
County:
Monroe
Area:
03 - Key West
Property Description
Step onto the grounds of 1224 Flagler Avenue and discover a versatile property brimming with possibility. This legal duplex with an additional private mother in-law suite offers flexible living arrangements and exceptional rental income potential. It's an ideal opportunity for investors, multi-generational households or anyone seeking both comfort and return. Unit B, on the right, is a stylishly updated 2 bed/1bath home featuring new flooring, a renovated kitchen with stainless steel appliances, and its own washer and dryer. Offered fully furnished and turnkey, it opens to a charming shared backyard perfect for outdoor dining, lounging, or enjoying the Key West breeze. Tucked into the back corner is the separate 1 bed/1bath mother-in-law suite, complete with its own entrance. Whether used for guests, extended family, or additional rental income, this private space adds valuable versatility. On the left, Unit A offers a comfortable 2 bed/2 bath layout with tile floors throughout, a functional kitchen with island seating, glass doors leading to a private fenced backyard, and its own washer and dryer. With a light refresh, it can easily transform into a delightful long-term residence or sought-after rental. Fully fenced along the back and side yard, the property feels tucked away yet remains moments from beaches, shops, schools, and all the charm of Old Town. Blending flexibility, strong income potential, and space to customize, 1224 Flagler Avenue is a rare Key West find perfectly suited to meet your needs while generating multiple revenue streams. **For those seeking even more opportunity, this property may be purchased together with the large home directly behind it at 1217 Johnson Street at a discounted combined price.
Exterior Features

Above Flood Unknown Building Style Ground Level Construction CBS Dockage None Exterior Features FencingShed Land Size Less Than 1/4 Acre Pool YN No Porch Balcony Deck Roof Metal Roof Side Median Style Duplex Vehicle Storage Off Street Parking Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances WasherOvenRangeRefrigeratorDryer Appliances Other 2 sets washer/dryer Cooling Heating Central Air Floor Tile Interior Features Drapes/Blinds InclBuilt-in Cabinets Specialty Rooms Laundry Room Windows Doors Sliding Glass Doors

Property Features

Assoc Fee 0.00 Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City KEY WEST Control Depth 0 Deed Restrictions Unknown Fee Includes None Flood Zone AE Key West Neighborhood Midtown West Listing Board Key West Association Mile Marker 2.00 Min Rental Days 28.00 Pets Pets Allowed Potential Short Sale No Potential Short Sale Financial Status No Public Sewer Hookup Yes Rentals Allowed With Restrictions Sq Ft Source Property Data Card Tax Exemptions None Tax Year 2024 Taxes 10618.00 Terms CashConventional Utilities FKAAWater Separate MeterElect Separate MeterBuyer to VerifyMunicipal Sewer Zoning SF - Single Family

Listing courtesy of Terri Spottswood of Truman & Co. (KW): (305) 292-2244.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Coastal Collection Real Estate Inc. are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Coastal Collection Real Estate Inc.
422 Fleming St Suite 7
Key West FL, 33040