1626 Sirugo Ave, Key West, FL 33040

Property Description

Discover an unrivaled Key West opportunity. If a third floor were added to this home, this property would offer ocean views that are truly one-of-a-kind for this island. This generously sized 7,775-square-foot lot provides a rare canvas for your architectural vision, delivering potential for a third floor or additional wings to capture even more panoramic ocean vistas while preserving the existing home's privacy and outdoor space. This 5 Bed 3 bath property stands apart with its dramatic ocean breezes and tropical ambiance, inviting a lifestyle of year-round outdoor living and sophisticated entertaining. A private driveway accommodates up to four cars. The oversized lot could accommodate an RV, large boat, or future expansions without compromising the current residence. The crown jewel of outdoor living is one of Key West's largest pools, complemented by an overflow spa and a tropical tiki hut that sets the stage for watching Sunday games, sunset gatherings, or simple tropical solace. Adjacent to the main residence sits a legally attached apartment, a versatile guest suite or in-law unit that also holds strong potential as a revenue stream, providing immediate income diversification as you plan further enhancements. Inside, the home presents a substantial footprint ripe for reimagining, with room to optimize layouts to maximize living space and ocean views. The attached apartment enhances the property's appeal by offering flexible guest accommodations or a dedicated income source while you pursue expansions. The property's footprint and scope are especially attractive to developers or buyers with a vision, enabling a second master suite, a separate guest house, or a thoughtfully integrated addition that complements the lush tropical landscaping and pool complex. The outdoor oasis is framed by tropical landscaping that creates lush privacy and a resort-like ambiance.