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1821 Harris Avenue
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PRICED AT ONLY: $1,650,000

Address: 1821 Harris Avenue, KEY WEST, FL 33040

Description

Right in the heart of Key West, this income producing triplex is the kind of property investors are always asking for strong numbers, solid layout, and a location that never goes out of style. The property features three spacious units, each offering 3 bedrooms and 2 bathrooms, making them highly desirable for long term tenants. The front unit stands out with its single level design larger than the others and perfect for tenants who prefer the ease of one story living. The two rear units are thoughtfully designed as two story layouts, with living, kitchen, and entertaining space on the main level, and all bedrooms and bathrooms tucked upstairs for privacy. From an investment standpoint, the numbers speak for themselves. The units are currently rented at $6,500, $4,500, and $3,400 per month, bringing in a total annual income of $172,800 on long term leases steady, reliable cash flow in one of the most in demand rental markets in the country.And then there's the location. You're just minutes from the coastline and a quick ride to downtown Key West, where all the restaurants, nightlife, and charm come together. Tenants love it here which is exactly what you want as an owner. Whether you're looking to expand your portfolio or secure a high performing asset in the Florida Keys, this triplex checks all the boxes.

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More Like This
  • MLS#: 619617 ( Multi-Family )
  • Street Address: 1821 Harris Avenue
  • Viewed: 2
  • Price: $1,650,000
  • Price sqft: $448
  • Waterfront: No
  • Waterfront Type: None
  • Year Built: 1948
  • Bldg sqft: 3687
  • Bedrooms: 9
  • Total Baths: 7
  • Full Baths: 7
  • Days On Market: 21

Description

Right in the heart of Key West, this income producing triplex is the kind of property investors are always asking for strong numbers, solid layout, and a location that never goes out of style. The property features three spacious units, each offering 3 bedrooms and 2 bathrooms, making them highly desirable for long term tenants. The front unit stands out with its single level design larger than the others and perfect for tenants who prefer the ease of one story living. The two rear units are thoughtfully designed as two story layouts, with living, kitchen, and entertaining space on the main level, and all bedrooms and bathrooms tucked upstairs for privacy. From an investment standpoint, the numbers speak for themselves. The units are currently rented at $6,500, $4,500, and $3,400 per month, bringing in a total annual income of $172,800 on long term leases steady, reliable cash flow in one of the most in demand rental markets in the country.And then there's the location. You're just minutes from the coastline and a quick ride to downtown Key West, where all the restaurants, nightlife, and charm come together. Tenants love it here which is exactly what you want as an owner. Whether you're looking to expand your portfolio or secure a high performing asset in the Florida Keys, this triplex checks all the boxes.
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Features
Building and Construction
  • Absolute Longitude: 81.782248
  • Construction: CBS
  • Floor: Tile, Laminate, Other
  • Roof: Metal Roof
  • Sqft Source: Property Data Card
Property Information
  • Property Group Id: 19990816212109142258000000
Garage and Parking
  • Vehicle Storage: Off Street Parking
Eco-Communities
  • Water View: No Waterview
Utilities
  • Cooling: Central Air, Ceiling Fans(s), Wall/Window Unit(s)
  • Kw Neighborhood: Midtown West
  • Pets: Pets Allowed
  • Pub Sewer Hkup: Yes
  • Utilities: FKAA, Cable Available, Elect Separate Meter, Water Separate Meter, Buyer to Verify, Municipal Sewer
Finance and Tax Information
  • Association Info Association Fee: 0.00
  • Fee Includes: None
  • Tax Year: 2025
Rental Information
  • Rentals Allowed: With Restrictions
Other Features
  • Alternate Key Num: 1050059
  • Appliances: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Association Info 1st Right Of Refusal: No
  • Association Info Mandatory Home Owners Asc: No
  • Deed Restrictions: Unknown
  • Dockage: None
  • Furnished: Unfurnished
  • Legal Description: Kw Kw Realty Cos First Sub Pb1-43 Lot 2 Sqr 35 Tr 21 G7-369 Or174-528/9 Or699-443/44 Or713-396 Or1355-525/26 Or1355-524
  • Mile Marker: 3.00
  • Parcel Num: 00049460000000
  • Side: Median
  • Style: Multi-Units
  • Zoning: MDR-1 - Medium Desnity Residential
Nearby Subdivisions
Benj Alburys Subd (2.0)   Key West Realty Cos Sub (3.0)   New Town - Unrecord (3.0)   Old Town - Unlisted (1.0)   Old Town - Unrecord (1.0)   Sunshine Sub Plat 3 (3.0)  
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