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1504 Flagler Avenue, Key West, FL 33040

$1,899,999
Property Type: Residential Bedrooms: 7 Baths: 5 Square Footage: 2,501 Lot Size (sq. ft.): 4,620 Status: Active
Current Price: $1,899,999 List Date: 5/15/2026 Last Modified: 6/16/2026

Overview

Description

Endless possiblities! Three units to rent for the investor or live in one and produce income from the other units. Downstairs you have a 3/1.5 with an open floor plan and covered porch with a patio. Upstairs you have two units with a 2/1 floor plan and a fire wall between units. All units have W/D hook ups and central air. Both units upstairs have balconies and seperate staircases for entry. Low maintence yardcare. Covered and dedicated parking with street parking as well. Great location close to downtown and the beaches. Owner is a general contractor and has lived in the home since 1972 and added the second story in 1994.

Listing Details MLS# 619911

Location, Tax & Legal

Street #
1504
Street Name
Flagler
Street Suffix
Avenue
Key/Island
Key West
State/Province
FL
Zip Code
33040
County
Monroe
Subdivision
Flagler Center PH 2 (3.0)
Area
04 - Key West
KW Neighborhood
Midtown West
City
KEY WEST
Off Shore Island
No
Mile Marker
3
Marathon Neighborhood
N/A
Senior Community YN
No
Side
Ocean
Flood Zone
ae
Alternate Key #
1062413
Handicap Access
No
Parcel #
00062010000000
Zoning
SF - Single Family
Deed Restrictions
No
Legal
Kw Pt Tr 29 County Road G47-201/02 G48-226/27 Or75-181/82 Or510-330 Or526-912 Or1687-612/13R/S Or2787-73D/C
Taxes
7978.82
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
Multi-family
Style
Multi-Units
Waterfront
No
Pool
No
Year Built
1963
Total Units
3
Lot SqFt
4620
Lot Sqft Source
Tax Records
Acres
0.1
Living Apx SqFt
2501
SqFt Source
Property Data Card
Total Bedrooms
7
Full Baths
4
Half Baths
Yes
Total Baths
5
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

License Info

# of City License
3
Transient Rntl Licns
No
Non Trans Rntl Lic
Yes

More Information

Building Style

Above Flood
No

Financial Status

Standard Sale
Yes

Remarks & Misc

Remarks – Consumer
Endless possiblities! Three units to rent for the investor or live in one and produce income from the other units. Downstairs you have a 3/1.5 with an open floor plan and covered porch with a patio. Upstairs you have two units with a 2/1 floor plan and a fire wall between units. All units have W/D hook ups and central air. Both units upstairs have balconies and seperate staircases for entry. Low maintence yardcare. Covered and dedicated parking with street parking as well. Great location close to downtown and the beaches. Owner is a general contractor and has lived in the home since 1972 and added the second story in 1994.

Fee Includes

None
Yes

Dockage

None
Yes

Tax Exemptions

Homestead
Yes

Appliances

Dishwasher
Yes
Microwave
Yes
Oven
Yes
Range
Yes
Refrigerator
Yes

Pets

Pets Allowed
Yes

Cooling

Central Air
Yes

Waterfront

None
Yes

Waterview

No Waterview
Yes

Property Condition

Updated/Remodeled
Yes

Vehicle Storage

Carport
Yes
Off Street Parking
Yes

Construction

CBS
Yes
Frame
Yes

Land Size

Less Than 1/4 Acre
Yes

Furnished

Negotiable
Yes

Terms

Cash
Yes
Conventional
Yes
FHA
Yes
No Seller Finance
Yes
VA
Yes

Utilities

FKAA
Yes

Porch/Balcony

Open Porch/Balcony
Yes

Property Features

Fee Includes: None Tax Exemptions: Homestead License Info: Non Trans Rntl Lic Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Updated/Remodeled Vehicle Storage: Carport; Off Street Parking Furnished: Negotiable Cooling: Central Air Utilities: FKAA Appliances: Dishwasher; Microwave; Oven; Range; Refrigerator Construction: CBS; Frame Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; FHA; No Seller Finance; VA
Listing Office: Meadows Realty Group
Last Updated: June - 16 - 2026
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.