$1,800,000
Key West, FL 33040
MLS# 612348
Status: Closed
4 beds | 3 baths | 2003 sqft

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Property Description
This charming three-unit property at 808 Fleming Street represents an exceptional investment in one of Key West's most desirable neighborhoods. Located in the historic Old Town district, this versatile building offers multiple revenue streams and tremendous potential for savvy investors. This property is ideal for investors or multi-family living. With separate electric and water meters for each unit, management is effortless and efficient. Property Features: Downstairs Unit: A spacious 984 sq. ft. living area, perfect for an owner's residence or premium rental unit. Its open layout offers flexibility and comfort. Upstairs Units: Two additional units occupy 1,019 sq. ft. of living space, providing privacy, comfort, and excellent rental potential. Outdoor Living: Island living comes alive with this property's inviting front porch and expansive front balcony, perfect for enjoying the tropical breezes. The private backyard includes a 22' x 18' wooden deck and an additional 22' x 23'-yard area, offering endless possibilities for entertaining, relaxation, or further enhancements. An unused 11' x 6' cistern adds a touch of Key West history and utility to this unique property. Prime Location: Centrally located, this property provides easy access to Key West's vibrant dining, shopping, and world-famous nightlife. Tenants and residents will enjoy the best of island life, with the perfect balance of convenience and tranquility in a sought-after neighborhood. Endless Potential: This multi-unit property offers endless possibilities—generate strong rental income, create a multi-generational living arrangement, or craft your dream Key West retreat. With its combination of private utilities, multiple spaces, and outdoor amenities, this property is ready to fulfill your vision. Call today
Details
Maps
Contract Information
Current Price: $1,800,000
Listing Date: 2024-11-21
Listing Board: Key West Association
Leased Price Monthly: $1,800,000
As is Rght to Inspct: Yes
Location, Tax & Legal
Street #: 808
Street Name: Fleming
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Old Town - Unlisted (1.0)
Area: 02 - Key West
General Property Description
Realtor.COM Type: Multi-family
Style: Multi-Units
Waterfront: No
Pool: No
Year Built: 1928
Total Units: 3
Lot Size: 22.5 x 101.6
Lot SqFt: 2543
Lot Sqft Source: Property Data Card
Acres: 0.06
Living Apx SqFt: 2003
SqFt Source: Property Data Card
Total Bedrooms: 4
Full Baths: 3
Total Baths: 3
Rentals Allowed: With Restrictions
Min Rental Days: 28
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
# of City License: 1
# of County License: 1
Building Style
Above Flood: Yes
# Stories: 2 Stories
Status Change Info
Under Contract Date: 2024-11-30
Leased Date: 2025-02-14
Leased Price Monthly: $1,800,000
Status: Closed
Property Features
Fee Includes: None
Tax Exemptions: None
License Info: Non Trans Rntl Lic
Waterfront: None
Waterview: No Waterview
Dockage: None
Building Style: Conch
Furnished: Unfurnished
Cooling: Ceiling Fans(s); Wall/Window Unit(s)
Utilities: Cistern; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Interior Features: Entrance Foyer
Appliances: Range; Refrigerator
Exterior Features: Fencing; Fruit Tree(s); Rain Gutters
Construction: Frame
Floor: Combo; Tile; Wood
Roof: Metal Roof
Pets: Pets Allowed
Security: No Security
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional
Title: Negotiable
Listing Office: Keller Williams Key West Compass Realty
Last Updated: February - 14 - 2025
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.