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For sale
  • $1,300,000

    2007 Flagler Ave, Key West, FL 33040

    6beds
    2,102sqft
    : 
    Duplex, Multi Family
    Built in 1938
    -- sqft lot
    $1,231,000 Zestimate®
    $618/sqft
    $-- HOA

    What's special

    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.
    2 days
    on Zillow
    |
    293
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    10
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    Zillow last checked: 7 hours ago

    Listing updated: August 01, 2025 at 05:34am

    Listed by:

    Stephanie Lynn Wise 305-563-0073,

    Keller Williams Key West Compass Realty,

    Sandra Lee Swan 305-563-0053,

    Keller Williams Key West Compass Realty

    Source: FLKMLS,MLS#: 616010MLS LogoOriginating MLS: Key West Association
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 2007 Flagler Ave.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 5
    Cooling
    • Central Air, Ductless, Ceiling Fans(s)
    Appliances
    • Included: Washer, Microwave, Range, Refrigerator, Dryer
    Features
    • Quartz Countertops
    • Flooring: Tile, Laminate
    • Doors: French Doors, Glass Doors
    • Windows: Panel
    Interior area
    • Total interior livable area: 2,102 sqft

    Property

    Parking
    • Parking features: Off Street
    Features
    • Patio & porch: Open Porch/Balcony, Patio
    • Fencing: Fenced
    • Water view: None
    • Waterfront features: None, Dockage: None
    Lot
    • Size: 4,791.6 Square Feet
    • Features: Less Than 1/4 Acre
    Details
    • Additional structures: Shed(s)
    • Parcel number: 00045260000000
    • Zoning: CL
    • Zoning description: Limited Commercial

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    • Attached to another structure: Yes
    Materials
    • Frame
    • Roof: Metal
    Condition
    • Year built: 1938

    Utilities & green energy

    • Sewer: Municipal Sewer, Public Sewer
    • Utilities for property: FKAA, Buyer to Verify

    Community & HOA

    Community
    • Subdivision: Key West Realty Cos Sub (3.0)
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Key West

    Financial & listing details

    • Price per square foot: $618/sqft
    • Tax assessed value: $796,935
    • Annual tax amount: $7,180
    • Date on market: 8/1/2025
    • Listing terms: Assumable,FHA,VA Loan,Conventional,Cash
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