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Sold for $1,525,000 on 07/08/25
  • $1,525,000

    737 Olivia St, Key West, FL 33040

    3beds
    1,860sqft
    Multi Family
    Built in 1979
    -- sqft lot
    $1,525,600 Zestimate®
    $820/sqft
    $7,104 Estimated rent

    What's special

    Price Reduced, Owner's motivated! This triplex is situated in a prime area of Old Town, just three blocks away from Duval Street. It presents an attractive investment opportunity with its three separate units, offering potential for rental income, extended family stays, or versatile usage. Constructed from concrete blocks in 1979, this property's main unit is currently occupied by the owners, who benefit from consistent rental earnings from the other two units, frequented by repeat monthly guests. Unit A comprises two bedrooms and one bath, spanning 768 sq. ft., while Units B and C are one-bedroom, one-bath units with 528 and 564 sq. ft. each. Each unit features its own laundry facilities and a private outdoor patio area perfect for relaxation. Additional conveniences include on-site parking and storage. The property's strategic location, mere minutes from Duval Street, restaurants, bars, beaches, historical landmarks and waterfront attractions, enhances its appeal as a multi-unit investment. Take the opportunity to explore this property today and envision its myriad possibilities!

    Zillow last checked: 7 hours ago

    Listing updated: July 13, 2025 at 10:17am

    Listed by:

    Tammy Stiles 614-402-5906,

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    Bought with:

    Tammy Stiles, 3312592

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    Source: FLKMLS,MLS#: 612943MLS LogoOriginating MLS: Key West Association

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator, Dryer
    • Laundry: Laundry Room
    Features
    • Utility Room
    • Flooring: Tile, Laminate, Wood
    Interior area
    • Total interior livable area: 1,860 sqft

    Property

    Parking
    • Total spaces: 1
    Accessibility
    • Accessibility features: Parking
    Features
    • Levels: Ground Level
    • Patio & porch: Open Porch/Balcony, Deck
    • Exterior features: Storage, Outdoor Shower
    • Fencing: Fenced
    • Water view: None
    • Waterfront features: None, Dockage: None
    Lot
    • Size: 3,920 sqft
    • Features: Less Than 1/4 Acre
    Details
    • Additional structures: Shed(s), Detached Guest Qtrs
    • Parcel number: 00019570000000
    • Zoning: HMDR
    • Zoning description: Historic Medium Density Residential
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Concrete, Combo Construction
    • Roof: Metal
    Condition
    • Year built: 1979

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: FKAA

    Community & neighborhood

    Location
    • Region: Key West
    • Subdivision: Old Town - Unlisted (1.0)

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: None

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Services availability