1716 Washington Street, Unit 1 & 2

Key West, FL 33040

$1,499,000
Price
3
Beds
2
Baths
1
1/2 Bath
1,785 Sq. Ft.
$840 / Sq. Ft.
1,785
Sq. Ft.
$840
per Sq. Ft.

Description

Price Reduction! Spectacular Duplex with Pool and Rental Income Potential in Key West Discover the epitome of island living with this lovely 3-bedroom, 2 1/2-bathroom duplex nestled in the sought-after community of Key West. Boasting not only a stunning pool but also a lucrative rental opportunity, this property offers the perfect blend of luxury, comfort, and income potential. Key Features:Dual Living Spaces: This unique duplex is divided into two distinct units--a spacious 2-bedroom, 1.5-bathroom...Price Reduction! Spectacular Duplex with Pool and Rental Income Potential in Key West Discover the epitome of island living with this lovely 3-bedroom, 2 1/2-bathroom duplex nestled in the sought-after community of Key West. Boasting not only a stunning pool but also a lucrative rental opportunity, this property offers the perfect blend of luxury, comfort, and income potential. Key Features:Dual Living Spaces: This unique duplex is divided into two distinct units--a spacious 2-bedroom, 1.5-bathroom owner's unit and a separate 1-bedroom, 1-bathroom rental unit. Whether you're seeking a primary residence with rental income or a smart investment opportunity, this setup provides flexibility and financial benefits. Owner's Unit: Step into the elegantly appointed owner's unit, featuring two bedrooms, a well-appointed kitchen, comfortable living spaces, and a private patio overlooking the lush backyard oasis. Rental Unit: The charming rental unit offers one bedroom, a full bathroom, a cozy living area, and a kitchenette, providing a comfortable space for guests or tenants to enjoy their own private retreat. Outdoor Haven: Escape to the backyard paradise, where a sparkling pool beckons on warm Key West days. The backyard offers ample space for outdoor entertaining, this oasis is perfect for relaxation and recreation. The open backyard pool area also over a blank canvas for a creative design minded person to add lush landscaping and room for a small guest/pool house. Prime Location: Situated on a generous 4,862 square foot lot, this duplex enjoys a prime location in Key West, offering easy access to beaches, dining, shopping, and a wealth of recreational activities.
  1. Listed by Shad Knapp • Beach Club Brokers (KW)
  2. Listed by Paul Hayes • Beach Club Brokers (KW)

Property Details for 1716 Washington Street, Unit 1 & 2

Waterfront
None
Waterfront
No
Zoning
SF - Single Family
Subdivision
Monroe Investement Co Sub (2.0)
Pets
Pets Allowed

Location

Listing Courtesy of Beach Club Brokers (KW)
Add your commute
LISTING UPDATED: 05/05/2024 08:13 AM

Property Details for 1716 Washington Street, Unit 1 & 2

StatusActive
MLS #609263
Days on Market46
Taxes$7,664 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / Duplex
Year Built1943
Lot Size0.11 AC / 4,862 SF
CountyMonroe County

Location

Listing Courtesy of Beach Club Brokers (KW)
Add your commute

Building Information for 1716 Washington Street, Unit 1 & 2

Stories-Residences2Year Built1943Building Size-Lot Size0.11 AC / 4,862 SF

Payment Calculator

$8,819 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,181

Property Taxes

$639

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1716 Washington Street, Unit 1 & 2

Summary
Location and General Information
  • Waterview: No Waterview
  • Area: 03 - Key West
  • Absolute Longitude: 81.782004
  • Control Depth: 0
  • Listing Board: Key West Association
  • Side: Median
  • KW Neighborhood: Midtown West
  • Mile Marker: 2.0
  • Marathon Neighborhood: N/A
  • Key/Island: Key West
Owner
  • Owner Name: Sharon L Doyle
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: No
  • Association Info: 1st Right of Refusal: No
  • Fee Includes: None
  • Tax Year: 2023
  • Tax Exemptions: None
Property
Lot Information
  • Acres: 0.11
  • Parcel #: 00043010-000000
  • Land Size: Less Than 1/4 Acre
Property and Assessments
  • Legal: SQR 6 TR 20 LT 12 KW MONROE INVESTMENT CO SUB PB1-41 OR223-224/25 OR615-337 OR658-228 OR801-664 OR1334-1722R/S OR1963-5
  • MLS Approved: Y
  • Limited Representation: No
  • SqFt Source: Tax Records
  • Flood Zone: AE
  • Rentals Allowed: With Restrictions
  • Deed Restrictions: Yes
  • Picture Count: 33
  • Document Count: 0
  • Building Style: Above Flood: Unknown
Utilities
  • Utilities: Elect Separate Meter, Propane, Municipal Sewer, FKAA
  • Pub Sewer HkUp: Yes
  • Pool: Yes
  • Pool Info: In Ground
Interior and Exterior Features
Interior Features
  • Appliances: Dishwasher, Washer, Refrigerator, Oven, Microwave, Dryer
Exterior Features
  • Construction: Frame
  • Dockage: None

Property History for 1716 Washington Street, Unit 1 & 2

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1716 Washington Street, Unit 1 & 2

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 8
Charter - 9 to 12
Charter - PK to 8
Public - 6 to 12
Rating
School
Distance
Horace O'bryant School
PublicPK to 8

Somerset Island Prep
Charter9 to 12

May Sands Montessori School
CharterPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1716 Washington Street, Unit 1 & 2 is a multi-family home for sale in Key West, FL 33040. This property was listed for sale on March 21, 2024 by Beach Club Brokers (KW), it's currently listed at $1,499,000. This listing's school district is Monroe. Nearby schools include Horace O'bryant School, Somerset Island Prep and May Sands Montessori School. 1716 Washington Street, Unit 1 & 2 is a 3-bed, 2.5-bath, 1,785 sqft multi-family home built in 1943.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Beach Club Brokers (KW)

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.