Residential

1824 Fogarty Avenue, KEY WEST

$1,995,000

Bedroom 6 bedrooms
Full Bathroom 6 full baths
Half Baths 1 half baths

  • MLS #: 611437
  • Address: 1824 Fogarty Avenue, KEY WEST, FL 33040
  • SQFT: 2398
  • Restrictions: No

Agent Comments Agent Comments
Discover a unique investment opportunity in the heart of Key West with this exceptional 4-unit multifamily property. The owner's unit is a 3/3.5, and the three cottages are all 1/1. Centrally located and close to all the action. This tropical enclave spans nearly 9,500 square feet and includes four legal units, a pool and tiki bar. There's plenty of space to expand any of the cottages, or use as off-street parking. The property currently generates over $75,000 annually in rental income without including the main unit which the owner resides in. Enjoy the tropical lifestyle with ample outdoor space, all while living in one of the units and renting out the others. Ideally located close to local attractions, vibrant nightlife, and stunning beaches, this property offers both a lucrative investment and a unique living arrangement. Don't miss out--contact us today to explore this rare gem!

Amenities Amenities
  • Washer
  • Microwave
  • Oven
  • Range
  • Refrigerator
  • Dryer

Interior Features Interior Features
  • Cool System: Wall/Window Unit(s)
  • Heat System: Space Heater

Exterior Features Exterior Features
  • Parking: Off Street Parking
  • Pool: Yes
  • Exterior: Bar, Water Display, Storage, Shed, Privacy Wall/Fence, Fencing, Chickee Hut

Additional Features Additional Features
  • County: Monroe
  • Property Type: Key West Investment Co Sub (1.0)
  • Waterfront Features: None
  • Water/Sewer: Municipal Sewer, Cable Available
  • Year Built: 1950