1821 Harris Avenue,KEY WEST, FL 33040
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.
Details
| MLS # | 619617 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1948 |
| Days On Site | 120 |
| Listing Provided By | eXp Realty LLC KW Branch | Monika Rydzak |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 7 Total |
| SQ Feet | 3,687 |
| Zoning | MDR-1 - Medium Desnity Residenti |
| Acreage | 0.11 |
| Water Front | None |
| Property View | No Waterview |
Taxes
| Property | 10461 |
|---|
Area Information
| State | FL |
|---|---|
| County | Monroe |
| City | KEY WEST |
| Zip Code | 33040 |
| Area | 03 Key West |
| Community Name | Key West Realty Cos Sub (3.0) |
| Listing VS Median (in Key West Realty Cos Sub (3.0)) | |
Price: $1,500,000 low | high Med: $1,047,000 sqft: 3,687 low | high Med: 1,707 $ / sqft: $407 low | high Med: $613 On site: 120 low | high Med: 124 | |
Market Activity 33040
Request a showing
Request a showing
The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Coldwell Banker Schmitt are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.
Contact
Learn More About This Property
| State | FL |
|---|---|
| County | Monroe |
| City | KEY WEST |
| Zip Code | 33040 |
| Area | 03 Key West |
| Community Name | Key West Realty Cos Sub (3.0) |
| Listing VS Median (in Key West Realty Cos Sub (3.0)) | |
Price: $1,500,000 low | high Med: $1,047,000 sqft: 3,687 low | high Med: 1,707 $ / sqft: $407 low | high Med: $613 On site: 120 low | high Med: 124 | |
 | $4,495,0001614 Washington StreetKey West, FL 33040 |
 | $2,199,0001609 United StreetKey West, FL 33040 |
 | $1,700,0001224 2nd StreetKey West, FL 33040 |
 | $1,300,0002016 Roosevelt DriveKey West, FL 33040 |