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2515 Staples Avenue, Key West, FL 33040

$1,286,000
Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 1,752 Lot Size (sq. ft.): 5,000 Status: Active
Current Price: $1,286,000 List Date: 4/22/2026 Last Modified: 5/05/2026

Overview

Description

Fully renovated duplex offering immediate income and long-term upside in the heart of Mid-Town Key West. This property delivers the flexibility that today's buyer-investors want, offering a primary residence with income, a vacation retreat, or a pure investment opportunity. Live in one unit while generating strong rental income from the other or maximize returns with two income streams. Short-term rentals restricted to 28 days. Unit A features a spacious 3-bedroom, 2-bath layout with a private patio and projected rental income of approximately $5,000/month while Unit B offers a 2-bedroom, 1-bath layout with a private, decked backyard and is currently leased to reliable, long-term tenants at $4,000/month. Extensively updated in 2020-2021 for modernization and reduced maintenance, including hurricane-impact windows, new AC systems, a newer roof and a full replacement of cast iron plumbing with PVC from the home to the street. The HVAC system has been enhanced with clean ductwork and U ...

Listing Details MLS# 619602

Location, Tax & Legal

Street #
2515
Street Name
Staples
Street Suffix
Avenue
Key/Island
Key West
State/Province
FL
Zip Code
33040
County
Monroe
Subdivision
New Town - Unlisted (2.0)
Area
03 - Key West
KW Neighborhood
New Town
City
KEY WEST
Mile Marker
2
Marathon Neighborhood
N/A
Side
Median
Flood Zone
AE
Alternate Key #
1046833
Parcel #
00046250-000000
Zoning
SF - Single Family
Deed Restrictions
Unknown
Legal
KW KW REALTY CO'S FIRST SUB PB1-43 LOT 5 SQR 11 TR 21 G75-296-297 OR196-442-443 OR368-607-608 OR757-27-28 OR906-1191 OR1
Taxes
9309.02
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
Duplex
Waterfront
No
Pool
No
Year Built
1955
Lot SqFt
5000
Acres
0.12
Living Apx SqFt
1752
SqFt Source
Tax Records
Total Bedrooms
5
Full Baths
3
Total Baths
3
Rentals Allowed
With Restrictions
Min Rental Days
28
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
Unknown
Stories
1 Story

More Information

Financial Status

Standard Sale
Yes

Remarks & Misc

Remarks – Consumer
Fully renovated duplex offering immediate income and long-term upside in the heart of Mid-Town Key West. This property delivers the flexibility that today's buyer-investors want, offering a primary residence with income, a vacation retreat, or a pure investment opportunity. Live in one unit while generating strong rental income from the other or maximize returns with two income streams. Short-term rentals restricted to 28 days. Unit A features a spacious 3-bedroom, 2-bath layout with a private patio and projected rental income of approximately $5,000/month while Unit B offers a 2-bedroom, 1-bath layout with a private, decked backyard and is currently leased to reliable, long-term tenants at $4,000/month. Extensively updated in 2020-2021 for modernization and reduced maintenance, including hurricane-impact windows, new AC systems, a newer roof and a full replacement of cast iron plumbing with PVC from the home to the street. The HVAC system has been enhanced with clean ductwork and UV light technology for improved air quality. Unit A is fully enclosed with high-quality vinyl fencing, creating privacy and a clean, finished look while Unit B enjoys a fenced backyard complete with decked area. Positioned along Key West's dedicated cross-town bike trail, this centrally located property offers easy access to beaches, dining, and Old Town. Unit B does carry the required 28-day rental licenses. A rare opportunity to secure a move-in-ready, income-producing property in one of Key West's most desirable and accessible locations. Purchase Unit A, 3 bedroom/2 bath for $879,000 (MLS 619603) or Unit B, 2 bedroom/1 bath for $539,000 (MLS 619604) separately (condo docs to be formed/filed).
Directions
Easy to access from Roosevelt or Flagler using 7th Street. You would turn left from Roosevelt or right from Flagler. 2515 Staples.

Fee Includes

None
Yes

Dockage

None
Yes

Tax Exemptions

None
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Oven
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Pets

Pets Allowed
Yes

Waterfront

None
Yes

Waterview

No Waterview
Yes

Floor

Tile
Yes

Property Condition

Updated/Remodeled
Yes

Windows/Doors

Impact Rstnce Doors
Yes
Impact Rstnce Window
Yes

Construction

CBS
Yes

Land Size

Less Than 1/4 Acre
Yes

Terms

Cash
Yes
Conventional
Yes
VA
Yes

Utilities

FKAA
Yes

Exterior Features

Fencing
Yes

Roof

Metal Roof
Yes

Accessibility Feat

None
Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Updated/Remodeled Utilities: FKAA Appliances: Dishwasher; Dryer; Oven; Range; Refrigerator; Washer Exterior Features: Fencing Accessibility Feat: None Construction: CBS Floor: Tile Roof: Metal Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; VA

Room Information

Room Name Level Remarks
Kitchen Main Kitchen/Dining Combo
Living Room Main
Bedroom 1 Main
Bedroom 2 Main
Full Bathroom
Bedroom 3 Main
Full Bathroom
Kitchen Kitchen/Dining Combo
Living Room
Bedroom 1
Bedroom 2 Bedroom 5
Full Bathroom
Listing Office: Loffreno Real Estate
Last Updated: May - 05 - 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.