704 Caroline Street, Key West, FL 33040 (MLS# 611509)

704 Caroline Street, Key West, FL 33040

$1,750,000

First floor unit #1 living room and entrance to bedroom

First floor unit #1 bedroom with lock-out storage to unit #3

Separate private entrance to first floor unit #3

First floor unit #3 living room & dining area

First floor unit #3 living room & kitchen

First floor unit #3 living room & kitchen, & entrance to bathroom

First floor unit #3 living room with entrance to bedroom

First floor unit #3 bedroom with lock-out storage to unit #1

First floor unit #3 bedroom with built-ins

First floor foyer. Beautiful wood door with leaded glass is the private entrance to upstairs unit #2

Second floor unit #2 living room with built-ins

Second floor unit #2 living room with beautiful woodwork

Second floor unit #2 living room with staircase to third floor

Second floor unit #2 bathroom. Incredible woodwork & stained glass.

Second floor unit #2 landing & door to front porch

Second floor unit #2 master bedroom & built-ins

Third floor unit #2 loft/office & entrance to widow's walk

Third floor unit #2 loft/office & entrance to guest bedroom

Third floor unit #2 storage & entrance to guest bedroom

First floor front porch facing Caroline St.

Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 2,080 Lot Size (sq. ft.): 1,925 Status: Closed

Current Price: $1,750,000 List Date: 9/19/2024 Last Modified: 8/05/2025

Overview

Description

Triplex investment property! Prime location only 1 block from the historic Key West seaport and 2 blocks from Duval St. The downstairs offers 2 units which include a 1/1 with kitchenette and a 1/1 with full kitchen. Enjoy the front porch facing Caroline St. or spend a lazy afternoon lounging by the dip pool in the backyard. Ascend the gorgeous wooden staircase to the upstairs unit which includes the 2nd and 3rd floors and has many features reminiscent of an old ship accented by beautifully detailed wood trim. This 2/3 unit includes hardwood floors, stained glass details, a loft/office, a front porch for relaxing, a small back porch overlooking the pool, and a unique widow's walk where you can enjoy a bit of privacy in the treetops. The kitchen includes a built-in water filtration system, the master bedroom is a generous size, and you'll find storage galore throughout the home with built-ins, nooks, and crannies. This historic home has high ceilings throughout, and the windows (e ... (Read more)

Listing Details MLS# 611509

Location, Tax & Legal

Street #: 704
Street Name: Caroline
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Old Town - Unrecord (1.0)
Area: 01 - Key West

Contract Information

Listing Board: Key West Association
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No

General Property Description

Realtor.COM Type: Multi-family
Style: Multi-Units
Waterfront: No
Pool: Yes
Year Built: 1928
Total Units: 3
Lot SqFt: 1925
Lot Sqft Source: Property Data Card
Acres: 0.04
Living Apx SqFt: 2080
SqFt Source: Property Data Card
Total Bedrooms: 4
Full Baths: 5
Total Baths: 5
Rentals Allowed: With Restrictions
Min Rental Days: 28

Status Change Info

Under Contract Date: 2025-07-29
Leased Date: 2025-08-05

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No

License Info

# of City License: Yes

More Information

Building Style

Above Flood: Yes
# Stories: 3 Stories

Financial Status

Auction: No
Bank Owned: No
Potential Short Sale: No
Standard Sale: Yes

Property Features

Fee Includes: None Tax Exemptions: Homestead License Info: Non Trans Rntl Lic Waterfront: None Waterview: No Waterview Dockage: None Building Style: Conch Furnished: Negotiable Cooling: Ceiling Fans(s); Central Air; Ductless Heating: Heat Pump Utilities: Cable Available; FKAA; Municipal Sewer Interior Features: Built-in Cabinets; Cathedral Ceilings; Drapes/Blinds Incl; Entrance Foyer; Granite Counter Top; Sky Light(s) Pre-Wired: Cable; Surround Sound Specialty Rooms: Loft Appliances: Dishwasher; Disposal; Dryer; Freezer; Microwave; More Appliances; Oven; Range; Refrigerator; Washer; Water Purification Pool Info: In Ground; Decked Construction: Frame Shutters: Panel Floor: Tile; Wood; Other Roof: Metal Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; FHA; VA Title: Negotiable

Documents

Homeowners Insurance ›

Citizens Wind Insurance ›

Sellers' Disclosure ›

Improvements & Upgrades ›

Sellers' Flood Disclosure ›

Listing Office: eXp Realty LLC

Last Updated: August - 05 - 2025

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.