1416 Patricia Street, Key West, FL 33040

$880,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,646 Lot Size (sq. ft.): 6,000 Status: Closed
Current Price: $880,000 List Date: 2/23/2023 Last Modified: 7/17/2026

Description

INVESTMENT OPPORTUNITY for the savvy buyer. This legal duplex needs just a little TLC to be a perfect long-term rental. Or spend a bit more to create your perfect Key West Shangri-La! First time on the market is this perfectly situated Midtown West opportunity! Recognized by the city of Key West as a legal duplex, 1416 Patricia Street is configured as a 2 bedroom, 2 bathroom main house aka 'Front unit' AND a 1 bedroom, 1 bath 'Rear unit.' The Rear unit has an active BTR with the City of Key West. 2 electric meters, 1 water meter, and room for a pool. Easy walking, biking, or scooter riding to Smathers AND Higgs beach areas. Ready for your upgrades & enjoyment.

More Information MLS# 604302

Contract Information

Current Price: $880,000 Listing Date: 2023-02-23 Listing Board: Key West Association Sold Price: $880,000 As is Rght to Inspct: Yes

Location Tax Legal

Street #: 1416 Street Name: Patricia Street Suffix: Street Key/Island: Key West State/Province: FL Zip Code: 33040 County: Monroe Subdivision: Macros Subd (2.0) Area: 03 - Key West

General Property Description

Realtor.COM Type: Residential - Single Family Style: Duplex Waterfront: No Pool: No Year Built: 1953 Lot SqFt: 6000 Acres: 0.14 Living Apx SqFt: 1646 SqFt Source: Tax Records Total Bedrooms: 3 Full Baths: 3 Total Baths: 3 Rentals Allowed: With Restrictions Min Rental Days: 28

Status Change Info

Under Contract Date: 2023-03-07 Sold Date: 2023-03-17 Sold Price: $880,000 Sold Comments: Buyer paid title; great job Madeleine! Status: Closed

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

License Info

# of City License: 1

Building Style

Above Flood: No Stories: 1 Story

Appliances

Other: As Is; NO Guarantee

Financial Status

Standard Sale: Yes

Property Features

Fee Includes: None Tax Exemptions: None License Info: Non Trans Rntl Lic Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Fixer Upper Building Style: Ground Level Vehicle Storage: Carport; Covered Parking; Off Street Parking Furnished: Unfurnished Cooling: Ceiling Fans(s); Ductless; Wall/Window Unit(s) Utilities: Buyer to Verify; Elect Separate Meter; FKAA Construction: CBS; Frame Shutters: Accordion; Panel Roof: Combo Roof; Tile Roof; Other Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash; Conventional Title: Negotiable
Listing Office: Key West Sales, LLC
Last Updated: July - 17 - 2026
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