Florida Keys Multi-Family Homes for Sale in the Florida Keys

Nothing compares to this non-waterfront half duplex ideal for first time home buyers, or a local business owner looking to house employees. This listing is for the BACK half of the duplex only. Immense opportunity abounds here, no matter the situation. Stilted wood frame construction with stucco exterior, accordion shutters and 2019 5V crimp metal roof. Located just second in from the end of the street, enjoy privacy due to location and Ocean views from the open-air porch. This half duplex offers two-bedrooms, one-bathroom, just under 800 square inside on a 3,551 sf lot. Inside, find the open concept living area that leads right to the kitchen with peninsula and bar counter seating. Both bedrooms are spacious and offer plenty of natural light. Gracious carport parking on first level for multiple vehicles and storage, or enclose this area for further protection from the elements. Freshly graveled yard allows for parking for all trailers and toys, or install a fence for separation from the front half if desired. Assumable flood insurance available. Full duplex offered for sale (MLS 610715) and front half (1299 73rd Street) also offered for sale (MLS 610713). Please do not walk the property, tenant occupied.

A piece of paradise awaits! This cozy home is located in the highly sought-after Key Colony Beach, nestled in the heart of the Florida Keys. Featuring two bedrooms, one bathroom, tile floors, granite countertops, and impact windows and doors, this property is the perfect retreat. With a lush backyard ideal for relaxation or entertaining, it offers access to the exclusive Cabana Club and all the amenities the island has to offer. Additionally, it has a solid rental history, making it a great investment opportunity.

This charming two bedroom, two bath waterfront half duplex is the perfect combination of relaxation, convenience, and investment potential. Fully furnished, the home is move-in ready or ideal for vacation rental guests. The open-concept living and dining area offer views of the water, while the well-equipped kitchen features modern appliances and a breakfast bar for casual dining. Each bedroom is spacious, with the primary suite boasting its own private bath with walk in shower. The second bedroom also has easy access to the second full bath, making this layout perfect for families or guests. Step outside to backyard featuring new artificial turf where you can enjoy the serene waterfront setting, or take advantage of your 30-foot dock, providing direct access to the water for boating, fishing, and water sports. As an active vacation rental, this property has a proven track record of generating rental income, making it a fantastic investment opportunity. Plus, the Cabana Club membership can be transferred to the new owner, offering access to exclusive amenities including a pool, private beach, and clubhouse, further enhancing the appeal for guests and providing year-round enjoyment for you. This waterfront retreat offers the best of both worlds--an exceptional vacation getaway and an income producing rental property.

Attention Investors! Or savvy homeowners can live on one side and rent the other out. This is a concrete duplex with a metal roof in 2018. Fully Fenced back yards. Parking for 4 cars. Walking distance to Harry Harris Park with a beach, boat ramp, and playground. This Tavernier location provides convenient access to the Key Largo and Islamorada workforce housing. This property will pay for itself and will appreciate in market value.

Welcome to this updated & turn-key 2 bedroom, 1.5 bathroom end unit, with unobstructed Ocean views, at Plantation By The Sea. Offering a spacious and well-designed floor plan, this condo effortlessly blends the kitchen, dining, and living areas, creating a perfect flow for entertaining or relaxing. This unit has two porches, one off the living room and another off the main bedroom. You can savor the ocean breeze and enjoy the oceanfront pool, which is directly downstairs from this unit.

Own your very own piece of Paradise! Stilted half duplex on boating canal in Key Colony Beach with dockage. Easy access to the Atlantic Ocean. Two bedrooms, two baths, 600 sq ft enclosed downstairs storage. Upstairs porch with westerly view overlooks the water. New metal roof (2018), HVAC unit, water heater, washer, dryer, and fridge, Lifetime dock (2015). Short walk to Sparkys and The Island Fish Co.Currently a rental with Cabana Club membership.

Seller will consider all offers! Dont miss this opportunity with a variety of potential uses. Currently this duplex has two units that are rented which includes two transferrable building rights. Opt. 1: Use as-is. Opt. 2: Transition to a single family and sell off the 2nd building right for approx. value $200k net. Opt 3: Apply to the city for two affordable building rights and deed restrict the duplex for affordable housing then move off both transferrable building rights (approx. value $400k net). Opt. 4: Could be a combination of the above. So many options here to discuss so lets see what works best for you!

Paradise awaits! Welcome to your 3 bedroom 2 bath dream home in Key Colony Beach. Large lot just shy of 8,300 Sq Ft. This stunning half duplex is perfectly situated on an OVERSIZED corner lot just shy of 8,300 sq feet, offering both space and convenience. Located within walking distance to the Sunset Park, Cabana Club, restaurants, post office, golf, tennis and pickle ball courts. Security is always a must. We have our very own police department. This property promises an unbeatable Keys Lifestyle. As you pull up to the property, youll immediately notice the ample parking space for multiple vehicles, making it ideal for family and guests. Additionally, the 1- car garage provides excellent storage space and protection for your vehicle. Step inside, and youll be greeted by the beauty of vaulted ceilings that lend an airy and spacious feel to the entire home. The open concept design seamlessly connects the large kitchen, dining room, and living room, creating an inviting and harmonious living space. Nice private fenced in patio to relax, have your morning coffee, evening cocktails or great for a BBQ. This incredible property is offered turnkey and move-in ready, or as an investment vacation rental. Boat Owners - You have an opportunity to acquire a dry storage rack at The Boat House. The rack accommodates a 10 Beam and 32 Length boat. For an additional cost please inquire for more details. Dont miss out on this opportunity to own a slice of paradise in Key Colony Beach. Make this stunning half duplex your forever home or a perfect vacation getaway. Call today for a showing. Motivated sellers.

Triplex in the heart of Marathon. Configured as 3/1, 1/1, and studio apartment. Great income property fully occupied. On 10,000 sf lot with large storage in back. Great quiet neighborhood close to the ocean.

Charming Waterfront Property in Key Colony Beach a 2-bedroom, 2-bath half duplex that perfectly combines comfort, style, and a prime location. This beautiful waterfront property offers an ideal tropical retreat or a lucrative investment opportunity. As you step inside, youll be greeted by a spacious interior featuring a sunroom that fills the space with natural light, creating a warm and inviting atmosphere. The modern kitchen boasts granite countertops and stainless steel appliances while having a view of your backyard. The open floor plan seamlessly connects the living and dining areas, making it perfect for entertaining guests or relaxing after a day on the water. The home features low-maintenance vinyl flooring throughout, ensuring both durability and a sleek aesthetic. Outside, youll find 30 feet of dockage equipped with a boat lift, providing direct access to the water and just a quick 5-minute boat ride to the open ocean. Whether youre a fishing enthusiast or enjoy cruising the turquoise waters, this property is a boaters dream. Additional amenities include a covered carport, within walking distance to the Cabana Club (membership required), playgrounds, restaurants, Par 3 golf course and can fuel your boat and get bait at the Key Colony Beach Marina. Driving distance to Marathon Airport, grocery stores and other local amenities. The propertys prior history as a successful vacation rental adds potential for it to become an income-producing investment. Dont miss out on this rare opportunity to own a slice of paradise in Key Colony Beach. Schedule your private tour today and experience waterfront living at its finest!

Income producing property, screened porches, concrete construction, nice sq. footage, fantastic boating, 75 foot concrete seawall, Interior has been updated, tile throughout.Public boat ramp around the corner, minutes to the grocery store and the bus stop for the kids is at the end of the street. This is a family neighborhood with lots of great people. Duplex 2/2 up and 2/2 down

Multi family, LEGAL duplex for sale in residential, Islamorada neighborhood. The first unit is a cozy 1 bedroom, 1 bath with a loft for storage, high ceilings and a private fenced yard.The second unit is a 2 bedroom, 1 bath. Unit 2 has cathedral tongue-in groove wood ceilings and stone wall details. It contains contemporary LED lighting and skylights to let natural light flow in. It has its own private fenced yard and a designated laundry room.Both units have been updated and received a new metal roof in 2019.Each unit has its own electric meter, making separate rentals a breeze. Unit 1 has had a stable, reliable tenant for 20 years. Unit 2 is currently vacant.This is a lucrative, stable long-term investment with multiple configurations: 1.Rent both units for maximum income.2.Owner can occupy one side while renting out the other. 3.Reconfigure the property as a single-family home.Super location! Close to shopping, schools, hospital, restaurants and boating.

Half Duplex in the beautiful community of Key Colony Beach. Remodeled with top quality finishes. Entry doors are Anderson impact, windows are Dbl. Pane PGT, sliding glass doors are Low-E Anderson. All stainless appliances, granite counters, 7 insulation in ceiling throughout, tile flooring, Key Colony Beach offers convenience to its own post office, restaurants, marina, shopping, par 3 golf course, pickleball and tennis courts, basketball, bocce ball, horseshoes. Marathon Airport is only 10 minutes away, Key West International Airport is a 1-hour drive.

Rarely available, large duplex with 3/1 units on both floors. Separate electric meters help improve your ROI. Tenants split the water bill. Great rental revenues this duplex stays rented all the time. New metal roof and electric service upgraded in 2014. separate laundry room for each unit. Barely a scratch from Irma. Gulf views from upper unit. Upper rents for $3000 and lower for $3200. Owner is a Florida real estate licensee

Great duplex on upper Eagle Avenue. Currently, long-term renter in back cottage. Main house is a complete renovation project. This property can also be purchased with the vacant lot next door (3705 Eagle). See MLS #608559. Seller is an active agent.

This charming duplex has much to offer. A great location, two very nice one bedroom, one bath units, each with their own entry and outdoor space and its in move in condition. The first floor features a primary bedroom with Dade Pine walls and a large closet. The kitchen/living/dining area opens to the private exterior deck. Upstairs the 1/1 has high ceilings and natural light. It has a porch in the front and back and gated entry at the staircase. Shared parking can accommodate a small car. There is mature landscaping in the front adding to the privacy for the property. Each unit has their own washer/dryer. 1312 Catherine is located near White Street, conveniently located to many of Key Wests points of interest. The property is freshly painted and well maintained.

Turn-Key, Fully Renovated Duplex in Prime Mid-Town Key West .This exceptional property offers flexibility for use as a vacation home, primary residence, or investment opportunity with a high ROI. Conveniently situated along the dedicated cross-town bike trail, this duplex is a proven income generator, with detailed financial records available. The property features two mirrored units, each comprising two bedrooms and one bath (4 bedrooms and two baths in total). Renovated extensively in 2020/2021, upgrades include hurricane impact windows, new AC units, a newer roof with solar-powered attic fans, and updated plumbing with PVC replacing all cast iron drain lines, installed in 2021. This meticulously updated duplex offers both modern comfort and strategic investment potential. Currently, 2513A (front unit) has been rented units long-term at $4,200 per month, set to expire in October 2025. The back unit lease recently expired but it has historically rented long-term at $4,200. Currently has a 60-day kick-out clause lease in place with a -monthly rent of $3,850. The duplex is also eligible for use as an Airbnb, as both units hold Key Wests required 28-day rental licenses with historic inquiries of at most $11K/month for peak months.

Income producing opportunity close to Duval Street, Truman Waterfront Park, Hemingway Home and the Southernmost Point! If you are looking for a single family home or multi-family that is like no other, youve found it in this charming and eclectic, restored, Conch home The restoration brought out the best blend of history, island flavor, comfort and useful design. Move right in. Everything is up to current code with new impact-rated windows and doors, new metal roof, and re-built foundations. The 2 bedroom, 2 bath main house with extra rooms has new, wood flooring, closets in every bedroom, lofts for extra sleeping or storage and a large, eat-in kitchen with lots of cabinetry. The main house has a welcoming and covered front porch plus 2 more porches off either end of the kitchen. The detached 1 bedroom, 1 bath cottage in the rear of the property is also beautifully renovated and furnished and has 2 porches. It is a legal rental allowing minimum 28-day rental periods. The third building is an historic structure that was once a beloved neighborhood variety store. It has also been restored and includes a half bath and studio/creative space with a beautiful cedar ceiling. Theres an outdoor shower attached to this building.Drive right in to your off-street parking spot that will double as a patio for a party. Youll find rain barrels at the downspouts of the new gutter system. Theres a mature mango tree, an egg fruit tree, a papaya plant, a hog plum tree and several banana palms. An herb garden is located outside of the kitchen next to the barbecue patio. The landscaping evokes a beach feeling with rock and seashells, a hammock and of course tropical plants making it ideal for beautiful, garden gatherings.

Located in Key Wests Casa Marina District on a quiet one-way street and just 2 blocks from the beach, 1304 Elizabeth Street presents a unique opportunity for those looking to take on a full-scale renovation project. This property is ready for a complete transformation and is perfect for developers, investors, or anyone eager to restore a historic Key West gem.Nestled in the desirable X flood zone and one of the most sought-after neighborhoods, the current layout includes two buildings with three separate units, all awaiting your vision to bring them back to life. The versatile HRO zoning offers flexibility for various investment goals, whether it is a full-time residence or a vacation retreat. Additionally, the neighboring property is also available for purchase, offering the option of an even larger compound. Schedule a viewing today and explore the possibilities to bring new life to this historic property and reimagine its potential..

This charming Old Town property offers the perfect blend of historic character and future potential just steps from world-famous Duval Street. Rich with the classic charm of Old Key West, this property is a blank canvas waiting for your personal touch. The permitted main home features two spacious bedrooms, a bonus den that can easily function as an additional bedroom or office, a full bathroom, and living and kitchen areas. A private courtyard leads to a non-conforming 2nd building which includes a kitchenette, living area, two additional bedrooms and 2 bathrooms which possibly could be converted to legal living quarters which would have to be applied for through the City of Key West and which additional fees would have to be paid. A covered carport provides shaded parking for one vehicle, with additional street parking available. Located just a short walk from iconic Duval Street, the Ernest Hemingway House, the historic Key West Lighthouse, Truman Waterfront Park, and the tranquil shores of Fort Zachary Taylor State Park, this Old Town retreat offers an unparalleled Key West lifestyle nestled in a prime location. Just a short stroll to world-renowned dining, vibrant nightlife, picturesque parks and the historic seaport with endless dining, entertainment, and cultural attractions nearby, this property is the perfect blend of convenience and charm.