With only two owners in its history, this well maintained two story property presents a rare investment opportunity in Key West. Configured as a legal duplex with two separately metered 1 bedroom, 1 bath units, it offers exceptional flexibility ideal for investors seeking strong rental potential, business owners looking for employee housing, or owner occupants wanting to offset costs by renting one unit while living in the other.Set on a 5,000 sq ft lot, the property is surrounded by lush, mature tropical landscaping with a wide variety of plants and palms, creating a private, shaded, treehouse like setting filled with natural light. Two large screened porches and additional open air spaces provide ideal indoor outdoor living, while an outdoor shower enhances the island lifestyle.The home has been thoughtfully updated and well cared for, featuring Mitsubishi mini split A/C systems in both units, a new hot water heater, new ceiling fans, impact windows upstairs, new gutters, updated appliances, and soft close cabinetry. Interior finishes include a mix of pine, vinyl, and concrete flooring, along with stainless, Formica, and butcher block countertops. Both units offer full bathrooms with tubs.Additional highlights include two off street parking spaces, low maintenance grounds, and multiple windows throughout for abundant natural light and airflow. Located in desirable Midtown East, just minutes from everything Key West has to offer, this is a versatile, income producing property with strong upside potential.
With only two owners in its history, this well maintained two story property presents a rare investment opportunity in Key West. Configured as a legal duplex with two separately metered 1 bedroom, 1 bath units, it offers exceptional flexibility ideal for investors seeking strong rental potential, business owners looking for employee housing, or owner occupants wanting to offset costs by renting one unit while living in the other.Set on a 5,000 sq ft lot, the property is surrounded by lush, mature tropical landscaping with a wide variety of plants and palms, creating a private, shaded, treehouse like setting filled with natural light. Two large screened porches and additional open air spaces provide ideal indoor outdoor living, while an outdoor shower enhances the island lifestyle.The home has been thoughtfully updated and well cared for, featuring Mitsubishi mini split A/C systems in both units, a new hot water heater, new ceiling fans, impact windows upstairs, new gutters, updated appliances, and soft close cabinetry. Interior finishes include a mix of pine, vinyl, and concrete flooring, along with stainless, Formica, and butcher block countertops. Both units offer full bathrooms with tubs.Additional highlights include two off street parking spaces, low maintenance grounds, and multiple windows throughout for abundant natural light and airflow. Located in desirable Midtown East, just minutes from everything Key West has to offer, this is a versatile, income producing property with strong upside potential.
Features
Building and Construction
Absolute Longitude: 81.780593
Construction: Frame
Exterior Features: Fencing, Shed, Privacy Wall/Fence, Rain Gutters, Fruit Tree(s)
Floor: Vinyl, Concrete, Wood
Porchbalcony: Open Porch/Balcony, Deck, Screened Patio, Patio
Roof: Metal Roof
Sqft Source: Tax Records
Property Information
Property Condition: Updated/Remodeled
Property Group Id: 19990816212109142258000000
Garage and Parking
Vehicle Storage: Off Street Parking
Eco-Communities
Water View: No Waterview
Utilities
Cooling: Wall/Window Unit(s), Ceiling Fans(s)
Handicap Access: No
Heating: None
Kw Neighborhood: Midtown East
Pets: Pets Allowed
Pub Sewer Hkup: Yes
Utilities: FKAA, Cable Available, Elect Separate Meter
Windowsdoors: Sash/Screen Window, Impact Rstnce Window, French Doors, Jalousie Windows
***BRAND NEW ROOF JUST INSTALLED ***1614 Dennis St is a rare income producing triplex offering strong cash flow and flexible use in the heart of Key West. Generating over $130,000 annually in rental i
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