Rare potential meets prime location! Unlock the potential on one of Eagle Avenue's most coveted blocks. Situated on the highly desirable upper end of the street, this legal duplex presents a rare opportunity in one of Key West's most established residential neighborhoods. Whether you're an investor, builder, or future homeowner, the property offers exceptional upside with multiple paths to value. The main house is primed for a full renovation, providing a blank canvas to customize, reimagine, or redevelop to maximize returns. A build-back letter from the City of Key West is already in place, preserving the valuable right to rebuild and streamlining the redevelopment process. For investors seeking scale, this offering may be combined with the adjacent vacant, buildable lot at 3705 Eagle Avenue, creating a compelling opportunity for expansion, future development, or a larger residential project. Conveniently located near schools, shopping, beaches, and just minutes from Old Town, this is a well-positioned opportunity to invest, renovate, or rebuild in a premier Key West location.