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2007 Flagler Ave, Key West, FL 33040

$875,000
: 6
BD
: 5
BA
: 2,102
SqFt

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Sold Price: $875,000
List Price: $1,249,999
Closing Date: Mar 27, 2026
MLS#: 616010
Status: CLOSED
Island: Key West
County: Monroe
City: Key West
Area: Key West
Subdivision: Key West Realty Cos Sub (3.0)
Neighborhood: Midtown East
Bedrooms: 6
Bathrooms: 5
Living Area: 2,102
Acres: 0.11
Year Built: 1938
Days on Market: 238

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Property 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.

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Additional Information

Taxes: $7,180
Interior Features: Quartz/Quartzite Counters
Furnished: Unfurnished
Appliances: Washer, Dryer, Refrigerator, Range, Microwave
Exterior Features: Fence, Shed
Roof: Metal
Zoning: CL - Limited Commercial
Terms: Assumable, Cash, Conventional, FHA