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

Step into this full duplex in the heart of Marathon tucked between beautiful native trees. Given you shade and privacy year round. This cbs concrete full duplex can be the perfect home for a first time home buyer, live on one side rent the other or investor looking to add this to their portfolio. White terrazzo floors throughout, stainless steel appliances, Fully remodeled with granite countertops. New HVAC.Equipped with impact windows. Washer and dryer covinienced on both side. Ample parking for guest or toys. Do not miss this opportunitty to own your piece of paradise.

This remodeled oasis offers boating bliss on a 200 ft canal, granting access to the Atlantic and Gulf. Boasting top-notch amenities including stainless steel appliances, impact windows and doors and 50 ft dock, its a haven for relaxation and adventure. Ideal for vacation rentals property has all rental licenses and membership to Cabana Club. Priced to sell, seize this opportunity for waterfront luxury living!

LARGE, OPEN, EXPANSIVE SPACE with 3 bedrooms and 3 baths. Numerous modern up grades and appliances. Impact windows in Primary bedroom and bath, all other openings covered by rated panels Back yard includes a patio with table and chairs for dinner parties, great for family and guests to enjoy. Also included are a grill and a freezer. There is a large space in the back yard for a good sized pool and 37.5 feet of seawalled dockage with davits for your boat. This home is an active vacation rental and usually can be seen on Saturdays when rentals change out.

Classic Conch Cottage Legal Duplex Needing Complete Renovation.Excellent Opportunity to Create Your Own Dream Property in the Heart of Key West. The Cottage Sits Well on the Lot with Room for a Private Pool. Very Good Existing Interior Square Footage to Work With. The Property Abuts The Louisa Street Park, a Very Green Space. Lots of Mature and Specimen Palms Towering in the Rear of the Property with Blue Skies Beyond. MLK Community Pool & Community Center are Adjacent.

4 Permanent Residential Dwelling Units are ROGO exempt on this property. Letter of Development Rights Determination (LDRD) letter in hand. Currently 3 units on the property, 2 of which are rented and 4 separate electrical units. The electrical pole needs to be updated to receive electricity for the vacant unit pictured. Nice houses around you and no neighbors across the street! Contact Monroe County Planning Department to determine use or to answer any specific questions on this property. This property has lots of potential!

Multi-family 2 buildings nestled in one of the most sought-after locations in historic Key West just a block from world famous Duval Street, this charming Old Town property offers the perfect blend of historic character and future potential. Just a short stroll from world-renowned dining, vibrant nightlife, and picturesque parks, this two-unit property is a true island gem. Rich with the classic charm of Old Key West, this property is a blank canvas waiting for your personal touch. Whether youre looking for a primary residence with a detached guest wing, or a versatile income-producing property, this home offers endless possibilities. The first of two units features two spacious bedrooms, a bonus den that can easily function as an additional bedroom or office, a full bathroom, and separate living and kitchen areas. A private courtyard separates the first unit from the detached second unit, which includes a kitchenette, living area, two additional bedrooms and 1.5 bathrooms, ideal for guests or rental income. A covered carport provides shaded parking for one vehicle, with additional off-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. With endless dining, entertainment, and cultural attractions nearby, this property is the perfect blend of convenience and charm. Dont miss this rare opportunity to own a piece of Old Town Key West; properties like this dont last long!

Spacious 4bed/3bath half duplex just down the road from Sombrero Beach! Fully updated kitchen with granite counters, stainless appliances and stocked for all your cooking needs. On first level is the kitchen, one bedroom and one bathroom, living room, dining area, laundry, and balcony/porch. Upstairs is the primary bedroom with ensuite bathroom, 2 guest bedrooms, and full bath in the hall. Relax and enjoy the view from the balcony or in the heat optional pool. Explore the canals on paddle boards. Dock a boat right behind the property and clean your catch right at the dock. The outdoor pool area has a BBQ grill, bait freezer, outdoor table/chairs, and lounge chairs. Its a short bike ride or walk to the beach. Great location!

Builder/Contractors Dream ! Rare 4 unit new development opportunity, 7,000 square ft lot available in Midtown Key West.

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.

At the best location in the heart of old town you will find this great duplex on Julia street in between Duval street and Whitehead street, 86 FOOTSTEPS TO DUVAL STREET. The back is a two bedroom two bathroom with a nice back yard. And in the front is a recently renovated one bedroom with two bathrooms with high ceilings and a great loft. It has an outdoor shower. A new A/C was installed 01/24. When you are sitting on your front porch its hard to believe that you are in between the two busiest streets as Julia street is a really quiet and cute street! Dont miss out on this great opportunity!

Own a peace of paradise in the middle of the Florida Keys close to Sombrero Beach area. Home is right on a walking and lit bike path that leads right to Sombrero Beach. Enjoy lazy days in the hot tub and hammock while watching the sunset or jump into your boat right out of the dock just steps away from the home.This home has all impact windows and doors, jacuzzi, gazebo, bbq area, as well as a hammock. Fully renovated kitchens, bathrooms, fully furnished, as well as fully equipped kitchens. 50ft concrete dock with a deep water canal that takes approximately 15-20 minutes to reach open water.Great investment opportunity, both units are currently vacation licensed and ready to enjoy as well as rent out to vacationers looking to get away. This property has everything you need and more. This is a unique investment opportunity that rarely go up for sale, not many of them around.

Historic diamond in the rough. Bring your vision and offers! Great location in old town across from Bayview Park. Legal duplex but can easily be used as a single-family residence. 2/1 downstairs and 1/1 upstairs. Separate water and electric meters. Nice size yard with room for a pool. Off street parking and in the X flood zone too.

LEGAL DUPLEXLocated in one of Key Wests most popular family neighborhoods.Discover the epitome of luxury living in this pristine property, featuring a two-bedroom, two-bath main home and a legal one-bedroom, one-bath accessory unit perfect for extra rental income. The main house is separated from the second house by a fence for added privacy. Every corner of this home showcases high-end finishes and meticulous attention to detail. The kitchen contains granite countertops, and top of the line appliances. The master en suite boasts glass doors that open to a stunning yard, complete with an outdoor shower and plenty of space for your dream pool. The beautifully landscaped yard offers a serene setting for both relaxation and entertaining.This home offers off-street parking, a spacious garage, and plenty of storage space, making it perfect for storing all your tools, toys, and more. Each unit enjoys its own electric meter, gas (guest unit), laundry facilities, and privacy. This home is packed with upgrades, including Grohe fixtures, solar panels, an on-demand water heater, a five-zone irrigation system, updated plumbing, and central air conditioning. Its truly move-in ready and located in a great area thats easy to see!

Price Reduced, Owners 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 propertys 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 propertys 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!

Welcome to 1409 4th Street - an exceptional 4-bedroom, 3-bathroom compound that is a LEGAL DUPLEX. The main home spans 2004 square feet with 2 bedrooms and 2 bathrooms, offering expansive living areas and a spacious kitchen with potential to add a third bedroom. Adjacent is a separate 2-bedroom, 1-bathroom home that would make for an ideal guest house or income producing rental.The homes sit on a large 10,000 sq. foot corner lot in the desirable and very convenient midtown area. Outdoor entertaining opportunities are limitless in the large, low maintenance yard that features a pool area just steps from the kitchen. Tucked away there is a tranquil garden with an avocado tree that provides a perfect hidden retreat.Dont miss out on owning one of Key Wests most versatile properties!

Large duplex in the beautiful Sombrero area. Large rooms and covered parking. Deep water dockage with easy access to Gulf or ocean. 1mile to Sombrero Beach. Washer, dryer with 105A only.

Rare opportunity to purchase 3705 Eagle (lot) and 3711 Eagle (duplex). 12,000 total lot sq footage with plans in place and build-back letter from the city of Key West. Also available to purchase separately. 3711 Eagle is a legal duplex. See MLS #608555 for duplex listing, alone. See MLS #608556 for vacant lot, alone. Seller is an active agent.

Prime Old Town Multi-Use PropertyThis unique property on Truman Ave features five legal long-term rental apartments, ideal for steady income or employee housing. Unit 101, a CBS building, may be converted for commercial use (buyer to verify), provided the residential units remain onsite, offering valuable flexibility in Key Wests transient receivership zone.With eight bedrooms, five bathrooms, and a current monthly rental income of $11,650, this property combines income-producing apartments with potential commercial space in a prime Key West location and X flood zone. An excellent investment opportunity in the heart of Old Town.

This charming three-unit property at 808 Fleming Street represents an exceptional investment in one of Key Wests most desirable neighborhoods. Located in the historic Old Town district, this versatile building offers multiple revenue streams and tremendous potential for savvy investors.This property is ideal for investors or multi-family living. With separate electric and water meters for each unit, management is effortless and efficient.Property Features:Downstairs Unit: A spacious 984 sq. ft. living area, perfect for an owners residence or premium rental unit. Its open layout offers flexibility and comfort.Upstairs Units: Two additional units occupy 1,019 sq. ft. of living space, providing privacy, comfort, and excellent rental potential.Outdoor Living:Island living comes alive with this propertys inviting front porch and expansive front balcony, perfect for enjoying the tropical breezes. The private backyard includes a 22 x 18 wooden deck and an additional 22 x 23-yard area, offering endless possibilities for entertaining, relaxation, or further enhancements. An unused 11 x 6 cistern adds a touch of Key West history and utility to this unique property.Prime Location:Centrally located, this property provides easy access to Key Wests vibrant dining, shopping, and world-famous nightlife. Tenants and residents will enjoy the best of island life, with the perfect balance of convenience and tranquility in a sought-after neighborhood.Endless Potential:This multi-unit property offers endless possibilities--generate strong rental income, create a multi-generational living arrangement, or craft your dream Key West retreat. With its combination of private utilities, multiple spaces, and outdoor amenities, this property is ready to fulfill your vision.Call today

A unique investment gem optimally positioned in the heart of the Florida Keys. This four-unit apartment building presents a fantastic opportunity for investors or business owners seeking employee housing solutions. Each of the four apartments in this building offers a comfortable living space with two bedrooms and one bathroom. Long-term tenants are currently in place. The separate metering of electricity for each unit is a thoughtful touch, allowing tenants to manage and pay for their own usage, which is a benefit for both the landlord and the tenants alike. Parking is often at a premium in the Keys, but not at this property. There is ample on-site parking available, ensuring that residents and their guests have convenient and secure places to park their vehicles. This is a significant advantage in the region and adds to the attractiveness of the property for prospective tenants. Additionally, the presence of a laundry room out back offers an added layer of convenience for residents. This shared facility means that tenants do not need to leave the comfort of their complex for laundry services, adding to the appeal of the apartments. For local business owners, this property represents a strategic investment in the future of their enterprise. With the challenge of securing affordable housing being a key factor in employee retention, owning this apartment building could be a decisive move to ensure the stability and longevity of your workforce. New owner can apply for affordable housing units and if awarded by the city would be able sell the 4 market rates off which are currently going for approx. 200k each. Inquire for details. By providing your employees with a comfortable and convenient place to live, you can foster loyalty and reduce the turnover that often plagues businesses in high-demand living areas. In summary this investment offers a rare blend of steady income potential and strategic benefits for business owners.