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1401 5Th Street, Key West, FL 33040

$1,379,000
Property Type: Residential Bedrooms: 6 Baths: 3 Square Footage: 2,434 Lot Size (sq. ft.): 7,500 Status: Active
Current Price: $1,379,000 List Date: 12/15/2025 Last Modified: 12/15/2025

Overview

Description

Rare Opportunity: Three Charming Homes on Adjacent Lots - Unlimited Potential! Discover the perfect investment opportunity with these three vintage 2-bedroom, 1-bathroom homes, nestled on separate adjoining lots and being sold together as a single package. Situated in a desirable location, this unique offering provides incredible flexibility for visionary buyers. Each home offers cozy layouts that are ripe for restoration or redevelopment. The true value lies in the combined potential of these properties—create a sprawling family estate, build a modern multi-home compound, or explore other construction options to maximize value. With their combined potential and prime location, these homes are a once-in-a-lifetime opportunity for developers, investors, or those looking to build their dream family retreat. Don't miss out, bring your imagination and start planning the possibilities today! Contact me to schedule a showing and envision the future of this incredible property pac ...

Listing Details MLS# 617703

Location, Tax & Legal

Street #
1401
Street Name
5Th
Street Suffix
Street
Key/Island
Key West
State/Province
FL
Zip Code
33040
County
Monroe
Subdivision
Key West Realty Cos Sub (3.0)
Area
03 - Key West
KW Neighborhood
Midtown East
City
KEY WEST
Mile Marker
3
Marathon Neighborhood
N/A
Side
Median
Flood Zone
AE
Alternate Key #
9082031
Add'l Parcel #1
00046650-000000
Parcel #
00046650-000100
Add'l Parcel #2
00046650-000200
Zoning
SF - Single Family
Deed Restrictions
Unknown
Taxes
3027
Tax Year
2025
Pub Sewer HkUp
Yes

Contract Information

Listing Board
Key West Association
As is Rght to Inspct
Yes

General Property Description

Realtor.COM Type
Residential - Single Family
Style
Single Family
Waterfront
No
Pool
No
Year Built
1948
Total Units
3
Lot SqFt
7500
Lot Sqft Source
Property Data Card
Living Apx SqFt
2434
SqFt Source
Tax Records
Total Bedrooms
6
Full Baths
3
Total Baths
3
Rentals Allowed
With Restrictions
Min Rental Days
30
Control Depth
0

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No
Association Fee $
0

Building Style

Above Flood
Unknown
Ground Level
Yes

More Information

Remarks & Misc

Remarks – Consumer
Rare Opportunity: Three Charming Homes on Adjacent Lots - Unlimited Potential! Discover the perfect investment opportunity with these three vintage 2-bedroom, 1-bathroom homes, nestled on separate adjoining lots and being sold together as a single package. Situated in a desirable location, this unique offering provides incredible flexibility for visionary buyers. Each home offers cozy layouts that are ripe for restoration or redevelopment. The true value lies in the combined potential of these properties—create a sprawling family estate, build a modern multi-home compound, or explore other construction options to maximize value. With their combined potential and prime location, these homes are a once-in-a-lifetime opportunity for developers, investors, or those looking to build their dream family retreat. Don't miss out, bring your imagination and start planning the possibilities today! Contact me to schedule a showing and envision the future of this incredible property package!

Fee Includes

None
Yes

Dockage

None
Yes

Tax Exemptions

None
Yes

Appliances

Range
Yes
Refrigerator
Yes

Pets

Pets Allowed
Yes

Cooling

Ceiling Fans(s)
Yes
Wall/Window Unit(s)
Yes

Waterfront

None
Yes

Waterview

No Waterview
Yes

Property Condition

Fixer Upper
Yes

Vehicle Storage

Off Street Parking
Yes

Construction

Frame
Yes

Land Size

More than 1 Lot
Yes

Furnished

Unfurnished
Yes

Terms

Cash
Yes
Conventional
Yes

Utilities

Cable Available
Yes
Elect Separate Meter
Yes
FKAA
Yes
Municipal Sewer
Yes
Water Separate Meter
Yes

Porch/Balcony

Open Porch/Balcony
Yes

Exterior Features

Fencing
Yes
Shed
Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Fixer Upper Building Style: Ground Level Vehicle Storage: Off Street Parking Furnished: Unfurnished Cooling: Ceiling Fans(s); Wall/Window Unit(s) Utilities: Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Appliances: Range; Refrigerator Exterior Features: Fencing; Shed Construction: Frame Pets: Pets Allowed Land Size: More than 1 Lot Terms: Cash; Conventional
Listing Office: Realty ONE Group Destination
Last Updated: December - 15 - 2025
Broker Attribution: rogdestination@gmail.com

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.