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2322-2324 Seidenberg Avenue, Key West, FL 33040
$2,100,000
Property Type:
Residential
Bedrooms:
8
Baths:
4
Square Footage:
750
Lot Size (sq. ft.):
10,000
Status:
Active
Current Price:
$2,100,000
List Date:
5/22/2024
Last Modified:
3/30/2026
Description
Development Opportunity. (4) townhouse unit complex situated on a heavily landscaped 10,000 sq ft parcel. Comprised of (2) side by side duplexes legally subdivided as ( 4 ) individual, 750 sq ft licensed units, with (4) separate legal descriptions, parcel numbers, insurance policies, & utilities meters. At one time, there were four individual loans on each of the units as well.
**** The only common area is the roof over each duplex, the shared wall between the units and walkways between, and on either side of each of the (2) duplexes. **** Each unit has its own laundry room addition directly off the kitchens with separate exterior screen doors - - (4) pairs of new washers & dryers. Current below market rents for each 2 bedroom, 1 bathroom unit runs between $2,225 to $2,900 with the lower rents soon to be increased.
***** Always operated as a successful rental property, the units were never sold off, which is definitely the Highest and Best use of the complex. Added value would be to install a lap pool/ patio area in the 100' wide back yard as a common use amenity. 2nd option - would be to provide a private pool area for each of the rear (2) units, giving each one half of the large rear yard, greatly increasing their sale value. Mature landscaping that has been well maintained surrounds the property and separates the units. Other valuable amenities are the over sized covered front porches with high open beamed ceilings offering additional square footage - and - valuable on site parking for 10 cars. The property has been continually well maintained - painted, new air conditioners, blinds & curtain rods on all windows. All roof screws were replaced & new ones added to code standards. ***** Under ''Documents Tab'', see the survey with legal descriptions for each unit, floor & site plan & aerial photo. (4) Windstorm, Flood, Fire & Liability policies in place. Call for additional information. Realtor owned.
More Information MLS# 610098
Contract Information
Current Price: $2,100,000
Listing Date: 2024-05-22
Listing Board: Key West Association
List Price: $2,100,000
Location Tax Legal
Street #: 2322-2324
Street Name: Seidenberg
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: Residential - Condo/Townhouse
Style: Townhouse
Waterfront: No
Pool: No
Year Built: 1963
Total Units: 4
Lot Size: 100 x 100
Lot SqFt: 10000
Lot Sqft Source: Property Data Card
Acres: 0.05
Living Apx SqFt: 750
SqFt Source: Property Data Card
Total Bedrooms: 8
Full Baths: 4
Total Baths: 4
Rentals Allowed: Yes
Min Rental Days: 30
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: No
Condo Doc's: No
1st Right of Refusal: No
Association Fee $: 1
Building Style
Above Flood: Unknown
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: None
Waterview: No Waterview
Dockage: None
Property Condition: Updated/Remodeled
Building Style: Townhouse
Vehicle Storage: Off Street Parking
Furnished: Unfurnished
Heating: Hot Water; Separate Meters
Utilities: Community Swr Plant; Elect Separate Meter; FKAA; Water Separate Meter
Interior Features: Smoke Alarms
Specialty Rooms: Laundry Room
Appliances: Dryer; Range; Refrigerator; Washer
Accessibility Feat: Parking
Construction: CBS; Concrete
Shutters: Panel
Floor: Terrazzo
Roof: Metal Roof
Pets: No Pets Allowed
Land Size: Less Than 1/4 Acre
Terms: Conventional
Documents
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: March - 30 - 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.

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