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2007 Flagler Avenue, Key West, FL 33040
$1,249,999
Property Type:
Residential
Bedrooms:
6
Baths:
5
Square Footage:
2,102
Lot Size (sq. ft.):
5,000
Status:
Contingent/Show
Current Price:
$1,249,999
List Date:
8/01/2025
Last Modified:
2/14/2026
Description
Discover a smart investment opportunity and a relaxed lifestyle right in Key West's Midtown. This actively leased duplex is ideally located, just steps from Key West High School and close to beaches, restaurants and postcard-worthy sunsets. With two spacious units, the property generates a robust monthly income of $9000, totaling approximately $108,000 annually.
Whether you're an investor looking for strong returns or a buyer dreaming of island living with built-in income, this property delivers exceptional flexibility. Live in one unit and lease the other, or rent out both for maximum cash flow. The interiors are updated, offering generous bedrooms and a flexible layout. Zoned for multi-family use and located on a 5000 sq ft lot, this 2-story duplex is an excellent opportunity for savvy buyers looking for both ROI and tropical tranquility in paradise.
More Information MLS# 616010
Contract Information
Current Price: $1,249,999
Listing Date: 2025-08-01
Listing Board: Key West Association
List Price: $1,249,999
As is Rght to Inspct: Yes
Bank Owned: No
Location Tax Legal
Street #: 2007
Street Name: Flagler
Street Suffix: Avenue
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Key West Realty Cos Sub (3.0)
Area: 03 - Key West
General Property Description
Realtor.COM Type: Multi-family
Style: Duplex
Waterfront: No
Pool: No
Year Built: 1938
Lot SqFt: 5000
Lot Sqft Source: Tax Records
Acres: 0.11
Living Apx SqFt: 2102
SqFt Source: Tax Records
Total Bedrooms: 6
Full Baths: 5
Total Baths: 5
Rentals Allowed: With Restrictions
Min Rental Days: 30
Status Change Info
Contingent: Contingent/Show
Status: Contingent/Show
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
# of City License: 2
Building Style
Above Flood: Unknown
Financial Status
Bank Owned: No
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: None
Waterview: No Waterview
Dockage: None
Vehicle Storage: Off Street Parking
Furnished: Unfurnished
Cooling: Ceiling Fans(s); Central Air; Ductless
Utilities: Buyer to Verify; FKAA; Municipal Sewer
Interior Features: Quartz Countertops
Appliances: Dryer; Microwave; Range; Refrigerator; Washer
Exterior Features: Fencing; Shed
Construction: Frame
Shutters: Panel
Floor: Laminate; Tile
Roof: Metal Roof
Pets: Pets Allowed
Land Size: Less Than 1/4 Acre
Terms: Assumable; Assumable; Cash; Conventional; FHA; VA
Title: Negotiable
Listing Office: Keller Williams Key West Compass Realty
Last Updated: February - 14 - 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.
