Active

737 Olivia Street

Key West FL, 33040

$1,650,000


$887.10 per sqft

Active

3 Beds

3 Baths

1,860 sqft

Multi-family

Built in 1979

Price Reduced, Owner's motivated! This triplex is situated in a prime area of Old Town, just three blocks away from Duval Street. It presents an attractive investment opportunity with its three separate units, offering potential for rental income, extended family stays, or versatile usage. Constructed from concrete blocks in 1979, this property's main unit is currently occupied by the owners, who benefit from consistent rental earnings from the other two units, frequented by repeat monthly guests. Unit A comprises two bedrooms and one bath, spanning 768 sq. ft., while Units B and C are one-bedroom, one-bath units with 528 and 564 sq. ft. each. Each unit features its own laundry facilities and a private outdoor patio area perfect for relaxation. Additional conveniences include on-site parking and storage. The property's strategic location, mere minutes from Duval Street, restaurants, bars, beaches, historical landmarks and waterfront attractions, enhances its appeal as a multi-unit investment. Take the opportunity to explore this property today and envision its myriad possibilities!

612943

MLS ID

January 3, 2025

Listed

January 3, 2025

Updated

Map

737 Olivia Street
Key West FL, 33040

Interior Features

Bedrooms

3


Total Bathrooms

3


Full Bathrooms

3


Interior Features

Laundry Room, Utility Room


Appliances

Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator, Dryer


Floor Description

Tile, Laminate, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

No

Exterior/Building Features

Lot Size

0.09 Acres


Exterior Features

Fencing, Storage, Shed, Outdoor Shower, Detached Guest Qtrs


Roof

Metal Roof

School Information

School District

No

Other Property Details

Area Name

02 - Key West


Taxes

$7,025


Tax Frequency

Annually


Association Amenities

None


Garage

No


Parking Total

1


View

Yes


View Description

No Waterview


County

Monroe


Pool

No


Zoning

HMDR - Historic Medium Density Residential

Listed by Tammy Stiles with Berkshire Hathaway Knight & Gardner
Listing Contact:  

The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 1/3/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2025 Florida Keys Board of REALTORS® all rights reserved.

Data last updated on 1/3/2025 at 7:27 PM UTC

 

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