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1824 Fogarty Avenue
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PRICED AT ONLY: $1,995,000

Address: 1824 Fogarty Avenue, KEY WEST, FL 33040

Description

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!
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  • MLS#: 611437 ( Multi-Family )
  • Street Address: 1824 Fogarty Avenue
  • Viewed: 6
  • Price: $1,995,000
  • Price sqft: $832
  • Waterfront: No
  • Waterfront Type: None
  • Year Built: 1950
  • Bldg sqft: 2398
  • Bedrooms: 6
  • Total Baths: 7
  • Full Baths: 6
  • 1/2 Baths: 1
  • Days On Market: 331
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Features
Building and Construction
  • Construction: Frame
  • Exterior Features: Bar, Water Display, Storage, Shed, Privacy Wall/Fence, Fencing, Chickee Hut
  • Porchbalcony: Open Porch/Balcony, Deck
  • Sqft Source: Property Data Card
  • Total Number Of Units: 4.00
Property Information
  • Property Group Id: 19990816212109142258000000
Garage and Parking
  • Vehicle Storage: Off Street Parking
Eco-Communities
  • Off Shore Island: Yes
  • Pool Info: In Ground
  • Water View: No Waterview
Utilities
  • Cooling: Wall/Window Unit(s)
  • Heating: Space Heater
  • Kw Neighborhood: Midtown West
  • Pets: Pets Allowed
  • Pub Sewer Hkup: Yes
  • Utilities: Municipal Sewer, Cable Available
Finance and Tax Information
  • Association Info Association Fee: 0.00
  • Fee Includes: None
  • Tax Year: 2023
Rental Information
  • Min Rental Days: 28.00
  • Rentals Allowed: With Restrictions
Other Features
  • Accessibility Feat: Parking
  • Alternate Key Num: 1050156
  • Appliances: Washer, Microwave, Oven, Range, Refrigerator, Dryer
  • Association Info 1st Right Of Refusal: No
  • Association Info Mandatory Home Owners Asc: No
  • Deed Restrictions: No
  • Dockage: None
  • Flood Zone: AE
  • Furnished: Unfurnished
  • Limitd Reprsntation: No
  • Mile Marker: 1.00
  • Side: Median
  • Style: Multi-Units
  • Zoning: SF - Single Family
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin