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

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.

Nothing compares to this full, non-waterfront duplex ideal for employee housing, first time home buyers, or investors looking to expand their real estate portfolio. Immense opportunity abounds here, no matter the situation. Live in one half while renting the other, house multiple employees for local workforce housing, or purchase each half individually as a first home. 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 porches. This duplex features an expansive total lot size of 9,000 square feet, and just over 1,500 square feet of interior living with four bedrooms, and two bathrooms. Each half offers two-bedrooms, one-bathroom and mirrors the other in floorpan. 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 if desired. Assumable flood insurance available. A rare opportunity is now offered at this non-waterfront full duplex in Marathon! Each half is also offered for sale (front 1299 MLS 610713, back 1297 MLS 610714). Please do not walk the property.

Coastal Living Redefined: Your Port of Call Oasis--Where Sunrises Paint the Sky and Salty Breezes Beckon.Hidden Gem, Unparalleled Lifestyle, and Income Generation: Imagine owning a meticulously updated townhome--a coastal haven tucked within the prestigious Port of Call community that allows for short term vacation rentals. Two bedrooms, two full bathrooms, and one half bathroom--spacious elegance awaits. Breathtaking Balconies: Picture yourself sipping morning coffee on one of three balconies. The sun rises, casting golden hues over the ocean. Salty sea breezes tousle your hair. Its not just a view; its an invitation to savor life. The heated community pool beckons--a liquid oasis just steps from your front door as well as the crystal clear waters of the Atlantic ocean. Dive in, float, let worries dissolve. Including a deeded boat slip--your gateway to ocean adventures. Set sail, chase horizons, and let the waves carry you. Prime Islamorada location: Convenience meets coastal charm. Shopping, restaurants, Founders Park--all within reach. Your address whispers, Welcome home. More Than a Home: Its a lifestyle--an embrace of sunsets, laughter, and memories. This isnt just a townhome; its your chapter in the Port of Call story. Schedule a private tour. Walk the grounds, feel the sea breeze, and decide: Is this where your heart drops anchor?

This centrally located duplex presents an enticing investment opportunity with its convenient amenities and income potential. Offering privacy with a fenced yard on a 5,000 Sq. Ft. lot, the property boasts two 2-bedroom, 1-bathroom units with modern updates throughout, including individual laundry facilities. Whether you choose to live in one unit while renting out the other or lease both sides for maximum income, this duplex provides flexibility and a promising return on investment in a prime location close to various amenities.

Your dream island home awaits in the highly sought-after Sombrero neighborhood, just a short walk from the beautiful Sombrero Beach and a quick boat ride to both the Atlantic Ocean and Gulf of Mexico. This beautifully updated half duplex is ideal for full-time living, a second home, or a vacation rental. Imagine enjoying serene canal views from your pool or the second-floor balcony. This elevated residence features a contemporary kitchen adorned with quartz countertops, a pantry, and shaker-style cabinets, all designed for effortless entertaining thanks to its open floor plan. The primary bedroom offers stunning canal views, an updated bathroom, and a spacious walk-in closet with access to a walkable, climate controlled attic for additional storage. Downstairs, youll find an enclosed room that provides ample storage, while the screened enclosure creates a perfect spot for gatherings. The generous yard includes a shed and plenty of space for kayaks, paddleboards, and other outdoor toys, making it an outdoor enthusiasts paradise. With parking available for multiple vehicles, theres also room for an RV or boat trailer. This home has been upgraded with a durable metal roof and hurricane impact windows and doors, ensuring safety and longevity. The expansive lot offers significant privacy, making this an exceptional opportunity to own a stunning home in paradise. Dont let this chance slip away!

Priced to sell!!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!

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.

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!

This unique property is a rare triplex in the heart of historic Old Town Key West. The charming front unit has a wide porch nestled behind tropical foliage on a quiet street. An outside staircase on the left leads up to a cozy studio on the second floor, with a treetop view of a mango tree. A walkway on the right leads to the secluded rear cottage, with three doors opening to a wrap-around deck facing a beautiful, tree shaded garden, with room for a pool. The garden unit offers a peaceful retreat, perfect for relaxation and outdoor gatherings. This property is in an elegant, tranquil neighborhood, a fifteen-minute walk (or five-minute bike ride) from the lively, restaurants, galleries, shops and vibrant attractions centered around Duval street, and Mallory Squares world-famous Sunset Celebration. This exceptional triplex is ideal for a large family or an investor seeking multiple units. The property has been rented as is for many years with month-long or longer leases. For the buyer, there is a great opportunity to multiply the value (and potential revenues) of the property with judicious renovations. Property located in the X flood zone.

Unleash your vision and step into endless possibilities with this two-story duplex, a blank canvas located in the prestigious Meadows neighborhood of Key West. Packed with potential, this diamond in the rough is perfect for investors, developers, or dreamers looking to craft their masterpiece in one of Key Wests most desirable areas. The property is a blank slate for your imagination to design and transform. Envision two luxurious 2-bedroom, 2-bathroom residences, each tailored to your exact specifications. Whether your goal is a chic modern retreat, a classic Key West-style hideaway, or a profitable income property, the layout offers endless flexibility to bring your ideas to life. Nestled on a tranquil street in the highly sought-after Meadows, this property offers a peaceful escape while keeping you mere moments from Key Wests iconic attractions, vibrant nightlife, and renowned dining. Stroll down tree-lined streets, enjoy nearby waterfront views, and embrace the neighborhoods charming character--all while being close to the energy of Duval Street and the historic district. With renovation already started, this is your opportunity to take the reins and shape two high-end residences or craft the ultimate single-family sanctuary. Whether youre dreaming of a personal paradise, planning for vacation or long-term rentals, or developing a profitable multi-unit property, the potential for return on investment here is unparalleled. With its unbeatable location, untapped potential, and blank canvas, this property is ready to shine under your vision. Dont let this rare opportunity slip away.

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.

Tucked away in the heart of historic Old Town Key West near Solares Hill, this enchanting property is a rare treasure that perfectly captures the charm and allure of Island Living. The front unit, a delightful two-bedroom, one-bath haven, features an inviting porch that exudes timeless Key West charm and affords the perfect perch to unwind amidst the vibrant tropical surroundings. Beyond, a beautifully updated, sunny studio in the rear offers a private, stylish retreat--ideal for guests or as a flexible space for your needs. Newly installed custom Murphy Bed, Full kitchen, Walk-in shower, Laundry and Built-in Storage. The sun-drenched rear deck is the ultimate spot to savor morning coffee or sunset cocktails, offering a picture-perfect setting for relaxation and entertaining guests.Framed by lush, swaying palms and vibrant foliage, this property is a serene, private oasis with the added convenience of a coveted off-street parking space for a compact car. X Flood Zone.Located in one of Key Wests most desirable neighborhoods, this home is steps away from the lively culture, iconic architecture, and world-renowned Duval Street music, dining and art scene. Stroll, and bike to all of your Key West favorites. With the unique ability to offset expenses by renting part of the property while still enjoying your own piece of paradise, this is an irresistible opportunity to create your dream island escape. Whether its a home away from home or a smart investment, this property is an exceptional find you wont want to let slip away! Location, location, location!

This charming four-bedroom, three-bathroom duplex is a rare find, nestled on a generous 7,500 sq. ft. lot that provides plenty of room for relaxation, gardening, or entertaining. Surrounded by lush foliage, the property offers a serene sense of privacy and seclusion, making it a perfect retreat. Centrally located, youll enjoy easy access to shopping, dining, and the beach, with Old Town Key West just a short walk or bike ride away. This prime location truly offers the best of both worlds--convenience and tranquility.Currently, this property is a fantastic income-producing opportunity, generating a total of $8,500 per month in long-term rental income. The potential is limitless: live in one side and rent out the other for additional income, or rent out both sides to maximize your return on investment. Dont miss out on this incredible opportunity! Call today to schedule a showing and explore the possibilities this duplex has to offer!

Two (2) elevated single-family homes on adjacent lots, each with its own real estate parcel, situated just 10 minutes from Key West. One property is fully rented, with tenants occupying both upstairs and downstairs units, generating immediate income. The other home is move-in ready or ideal for additional rental opportunities. Enjoy a community boat ramp with direct access to the Gulf of Mexico and Atlantic Ocean. Features include a tranquil Zen garden with a waterfall, outdoor kitchen/bar, multiple storage sheds & a workshop, a car cleaning station, horseshoe pits, space for a pool, and lush tropical landscaping that enhances privacy---making this a must-see investment.

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!

Your Slice of Paradise Awaits in Downtown IslamoradaDiscover the perfect blend of modern coastal living and convenience with this beautifully remodeled ground-level duplex in the heart of Islamorada. Located just a moment from the famous Cheeca Lodge and the vibrant Arts District, youll be surrounded by charming shops, restaurants, and galleries.Property Highlights: Two Separate Units PLUS a Guest Space: Each of the two dwellings is thoughtfully designed with a bright, airy ambiance to complement the island lifestyle. Use one unit for yourself and rent out the other, and/or welcome family and friends to visit! Durable Construction: Built with concrete and topped with a sturdy metal roof, this home is designed to withstand the elements. Impact windows and doors provide added protection and energy efficiency. Private Outdoor Oasis: The fully fenced yard features an electric gate, artificial turf for low maintenance, and lush landscaping with vibrant tropical foliage, perfect for relaxing or entertaining.Why Youll Love It:Whether youre looking for a permanent home or a vacation retreat, this property delivers the ideal Florida Keys lifestyle. The Village of Islamorada recognizes two dwelling units, adding significant value to the property.Dont miss your chance to own this coastal gem in an unbeatable location!

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.

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!

Rare 2 unit property in Old Town! Enjoy Key West living on one of our most picturesque Old Town lanes. Located in the heart of the historic district and near the seaport, everything you want in Key West is right out your door. Built in the early 1900s, over the years the home was converted into a legal 2-unit property with separate water & electric accounts. The configuration is upstairs (large 1 BR & 1 BA with a sleeping loft) and downstairs (2 BR & 1.5 BA) units, with an exterior staircase. Both units have a front & rear porch, balcony, or deck. For your parking convenience, an off-street spot is in front of the property. Lease information available upon request. Competitively priced for $1,490,000.

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!