1224 Flagler Ave, Key West, FL 33040

$1,295,000
5
BD
4
BA
2,146
SqFt

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Sold Price
$1,295,000
List Price
$1,349,000
Closing Date
Mar 13, 2026
MLS#
617518
Status
CLOSED
Island
Key West
County
Monroe
City
Key West
Area
Key West
Subdivision
East Martello Towers (2.0)
Neighborhood
Midtown West
Bedrooms
5
Bathrooms
4
Living Area
2,146
Acres
0.14
Year Built
1958
Days on Market
102

Property Description

Step onto the grounds of 1224 Flagler Avenue and discover a versatile property brimming with possibility. This legal duplex with an additional private mother in-law suite offers flexible living arrangements and exceptional rental income potential. It's an ideal opportunity for investors, multi-generational households or anyone seeking both comfort and return. Unit B, on the right, is a stylishly updated 2 bed/1bath home featuring new flooring, a renovated kitchen with stainless steel appliances, and its own washer and dryer. Offered fully furnished and turnkey, it opens to a charming shared backyard perfect for outdoor dining, lounging, or enjoying the Key West breeze. Tucked into the back corner is the separate 1 bed/1bath mother-in-law suite, complete with its own entrance. Whether used for guests, extended family, or additional rental income, this private space adds valuable versatility. On the left, Unit A offers a comfortable 2 bed/2 bath layout with tile floors throughout, a functional kitchen with island seating, glass doors leading to a private fenced backyard, and its own washer and dryer. With a light refresh, it can easily transform into a delightful long-term residence or sought-after rental. Fully fenced along the back and side yard, the property feels tucked away yet remains moments from beaches, shops, schools, and all the charm of Old Town. Blending flexibility, strong income potential, and space to customize, 1224 Flagler Avenue is a rare Key West find perfectly suited to meet your needs while generating multiple revenue streams.

Additional Information

Taxes
$10,618
Interior Features
Custom Cabinets
Appliances
Washer, Dryer, Refrigerator, Range, Oven
Exterior Features
Fence, Shed
Roof
Metal
Zoning
SF - Single Family
Terms
Cash, Conventional

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Calculator source: Real Geeks

Listing Courtesy Of Truman & Co. (KW), Contact: 305-292-2244

Selling Office: .