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2004 Patterson Avenue, Key West, FL 33040

$1,000,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 1,239 Lot Size (sq. ft.): 5,106 Status: Active
Current Price: $1,000,000 List Date: 1/28/2026 Last Modified: 3/31/2026

Overview

Description

Well-maintained duplex offering flexible living and strong income potential in a desirable Key West location. The property features a charming 3-bedroom, 2-bath main home plus a separate 1-bedroom, 1-bath studio cottage—ideal for extended family, guests, or rental income. Both units are thoughtfully laid out with comfortable living spaces and plenty of natural light. Currently fully leased and income-producing, this is an excellent opportunity for investors or owner-occupants looking to offset expenses while enjoying island living.

Listing Details MLS# 618352

Location, Tax & Legal

Street #
2004
Street Name
Patterson
Street Suffix
Avenue
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
New Town
City
KEY WEST
Mile Marker
3
Marathon Neighborhood
N/A
Side
Median
Flood Zone
AE
Alternate Key #
1050440
Parcel #
00049830-000000
Zoning
SF - Single Family
Deed Restrictions
No
Legal
KW KW REALTY COS FIRST SUB PB1-43 NE 50 FT OF NW 101 FT OF N1/2 OF SQR 38 TR-21 C5-337/38 OR131-275/76 OR413-255/256 OR5
Taxes
6938.49
Tax Year
2025
Pub Sewer HkUp
Yes

Contract Information

Listing Board
Key West Association

General Property Description

Realtor.COM Type
Multi-family
Style
Duplex
Waterfront
No
Pool
No
Year Built
1958
Lot SqFt
5106
Acres
0.12
Living Apx SqFt
1239
SqFt Source
Tax Records
Total Bedrooms
4
Full Baths
3
Total Baths
3
Rentals Allowed
With Restrictions
Control Depth
0
Total Units
0

Association Info

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

Building Style

Above Flood
No
Other Bldg Style
Yes

More Information

Remarks & Misc

Remarks – Consumer
Well-maintained duplex offering flexible living and strong income potential in a desirable Key West location. The property features a charming 3-bedroom, 2-bath main home plus a separate 1-bedroom, 1-bath studio cottage—ideal for extended family, guests, or rental income. Both units are thoughtfully laid out with comfortable living spaces and plenty of natural light. Currently fully leased and income-producing, this is an excellent opportunity for investors or owner-occupants looking to offset expenses while enjoying island living.

Fee Includes

Other
Yes

Dockage

None
Yes

Tax Exemptions

None
Yes

Pets

Pets Allowed
Yes

Waterfront

None
Yes

Waterview

No Waterview
Yes

Construction

Combo Construction
Yes

Land Size

Less Than 1/4 Acre
Yes

Utilities

FKAA
Yes

Property Features

Fee Includes: Other Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Building Style: Other Bldg Style Utilities: FKAA Construction: Combo Construction Pets: Pets Allowed Land Size: Less Than 1/4 Acre
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: March - 31 - 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.