2515 Staples Avenue, Key West, FL 33040
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
2515 Staples Avenue,Key West, FL 33040
$1,250,000
- 5 Beds
- 3 Baths
- 1,752 sq. ft.
- Multi-family
- Active
Listed by: ea ruth, michelle blades
Office: loffreno real estate
MLS#:619602
Source:FL_FKBOR
Price summary
- Price:$1,250,000
- Price per sq. ft.:$713.47
About this home
Fully renovated duplex offering immediate income and long-term upside in the heart of Mid-Town Key West. This property delivers the flexibility that today's buyer-investors want, offering a primary residence with income, a vacation retreat, or a pure investment opportunity. Live in one unit while generating strong rental income from the other or maximize returns with two income streams. Short-term rentals restricted to 28 days.
Unit A features a spacious 3-bedroom, 2-bath layout with a private patio and projected rental income of approximately $5,000/month while Unit B offers a 2-bedroom, 1-bath layout with a private, decked backyard and is currently leased to reliable, long-term tenants at $4,000/month.
Extensively updated in 2020-2021 for modernization and reduced maintenance, including hurricane-impact windows, new AC systems, a newer roof and a full replacement of cast iron plumbing with PVC from the home to the street. The HVAC system has been enhanced with clean ductwork and UV light technology for improved air quality.
Unit A is fully enclosed with high-quality vinyl fencing, creating privacy and a clean, finished look while Unit B enjoys a fenced backyard complete with decked area.
Positioned along Key West's dedicated cross-town bike trail, this centrally located property offers easy access to beaches, dining, and Old Town. Unit B does carry the required 28-day rental licenses. A rare opportunity to secure a move-in-ready, income-producing property in one of Key West's most desirable and accessible locations. Purchase Unit A, 3 bedroom/2 bath (MLS 619603) or Unit B, 2 bedroom/1 bath (MLS 619604) separately (condo docs to be formed/filed)....
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Home facts
- Year built:1955
- Listing ID #:619602
- Added:62 day(s) ago
- Updated:June 29, 2026 at 02:59 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Rooms Total:12
- Living area:1,752 sq. ft.
Structure and exterior
- Year built:1955
- Building area:1,752 sq. ft.
- Lot area:0.11 Acres
- Exterior Features:Fencing
Finances and disclosures
- Price:$1,250,000
- Price per sq. ft.:$713.47
- Tax amount:$9,309
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