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Listing Board: Key West Association

As is Rght to Inspct: Yes

Current Price: $1,286,000

Listing Date: 2026-04-22

List Price: $1,286,000

KW Neighborhood: New Town

City: KEY WEST

Mile Marker: 2

Marathon Neighborhood: N/A

Side: Median

Flood Zone: AE

Alternate Key #: 1046833

Parcel #: 00046250-000000

Zoning: SF - Single Family

Deed Restrictions: Unknown

Legal: KW KW REALTY CO'S FIRST SUB PB1-43 LOT 5 SQR 11 TR 21 G75-296-297 OR196-442-443 OR368-607-608 OR757-27-28 OR906-1191 OR1

Taxes: 9309.02

Tax Year: 2025

Pub Sewer HkUp: Yes

Street #: 2515

Street Name: Staples

Street Suffix: Avenue

Key/Island: Key West

State/Province: FL

Zip Code: 33040

County: Monroe

Subdivision: New Town - Unlisted (2.0)

Area: 03 - Key West

Realtor.COM Type: Residential - Single Family

Waterfront: No

Control Depth: 0

Lot Size: 50 X 100

Lot SqFt: 5000

Pool: No

Total Units: 0

Acres: 0.12

SqFt Source: Tax Records

Rentals Allowed: With Restrictions

Min Rental Days: 28

Style: Duplex

Year Built: 1955

Living Apx SqFt: 1752

Total Bedrooms: 5

Full Baths: 3

Total Baths: 3

Remarks – Consumer: 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 for $879,000 (MLS 619603) or Unit B, 2 bedroom/1 bath for $539,000 (MLS 619604) separately (condo docs to be formed/filed).

Directions: Easy to access from Roosevelt or Flagler using 7th Street. You would turn left from Roosevelt or right from Flagler. 2515 Staples.

Mandatory Home Owners Asc: No

1st Right of Refusal: No

Association Fee $: 0

None: 1

None: 1

None: 1

Dishwasher: 1

Dryer: 1

Oven: 1

Range: 1

Refrigerator: 1

Washer: 1

Pets Allowed: 1

None: 1

No Waterview: 1

Tile: 1

Updated/Remodeled: 1

Above Flood: Unknown

Stories: 1 Story

Impact Rstnce Doors: 1

Impact Rstnce Window: 1

CBS: 1

Less Than 1/4 Acre: 1

Cash: 1

Conventional: 1

VA: 1

FKAA: 1

Fencing: 1

Metal Roof: 1

Standard Sale: Yes

None: 1

Status: Active