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1614 Dennis Street, Key West, FL 33040
$1,499,000
Property Type:
Residential
Bedrooms:
7
Baths:
4
Square Footage:
2,699
Lot Size (sq. ft.):
5,056
Status:
Active
Current Price:
$1,499,000
List Date:
1/16/2026
Last Modified:
1/20/2026
Description
1614 Dennis St is a rare income-producing triplex offering strong cash flow and flexible use in the heart of Key West. Generating over $125,000 annually in rental income, this well-configured property features three separate units, each with its own washer and dryer, making it highly desirable for long-term tenants and employee housing.
The layout includes two spacious 2-bedroom / 1-bath units and an upstairs 3-bedroom / 2-bath residence, providing multiple rental strategies and value-add potential. A standout feature is parking for up to 7 vehicles—a true luxury in Key West and a major draw for tenants. Large Shed on property with two dedicated spaces that could be converted into a workspace.
Ideal for investors seeking steady returns or employers looking for quality workforce housing, this triplex combines strong income, practical design, and exceptional parking in one compelling opportunity.
Please note some photos were digitally staged and or altered to protect tenant privacy.
More Information MLS# 618151
Contract Information
Current Price: $1,499,000
Listing Date: 2026-01-16
Listing Board: Key West Association
List Price: $1,499,000
Location Tax Legal
Street #: 1614
Street Name: Dennis
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: New Town - Unrecord (3.0)
Area: 03 - Key West
General Property Description
Realtor.COM Type: Multi-family
Style: Multi-Units
Waterfront: No
Pool: No
Year Built: 1968
Lot Size: 55 X 92
Lot SqFt: 5056
Acres: 0.12
Living Apx SqFt: 2699
SqFt Source: Tax Records
Total Bedrooms: 7
Full Baths: 4
Total Baths: 4
Rentals Allowed: Yes
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Building Style
Above Flood: Unknown
Stories: 2 Stories
Vehicle Storage
Car(s): 4+
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: None
Waterview: No Waterview
Dockage: None
Property Condition: Fixer Upper
Vehicle Storage: Off Street Parking
Furnished: Unfurnished
Cooling: Ceiling Fans(s); Central Air
Utilities: Buyer to Verify; FKAA
Interior Features: Cathedral Ceilings; Smoke Alarms
Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer
Exterior Features: Shed
Construction: CBS; Combo Construction; Frame
Floor: Combo; Tile; Vinyl
Roof: Combo Roof; Metal Roof
Pets: Pets Allowed
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional
Title: Negotiable
Listing Office: Ocean Sotheby's International Realty
Last Updated: January - 20 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.
