Description
Discover a rare investment opportunity in the heart of Key West! This 4-unit tropical compound spans nearly 9,500 sq. ft. and includes a spacious 3BD/3.5BA main home plus three charming 1BD/1BA cottages. Enjoy resort-style living with a pool, tiki bar, and lush outdoor space. Generating $75K+ in annual income (excluding the main home), this property offers flexibility for employee housing, long-term rentals, or a 'Key West Melrose Place'-style retreat. Centrally located near beaches, dining, and Old Town--live and earn in paradise!
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6BEDS
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0.22ACRES
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7BATHS
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01/2 BATHS
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1,306SQFT
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$1,072$/SQFT
School Ratings & Info
Description
Discover a rare investment opportunity in the heart of Key West! This 4-unit tropical compound spans nearly 9,500 sq. ft. and includes a spacious 3BD/3.5BA main home plus three charming 1BD/1BA cottages. Enjoy resort-style living with a pool, tiki bar, and lush outdoor space. Generating $75K+ in annual income (excluding the main home), this property offers flexibility for employee housing, long-term rentals, or a 'Key West Melrose Place'-style retreat. Centrally located near beaches, dining, and Old Town--live and earn in paradise!
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.