Multi-Family Home For Sale
$1,800,000
1304 Elizabeth Street
Key West, Florida, United States
6bd 4ba 2,050 sqft
Listed By: Homes & Land Magazine
Listed On: 04/05/2024
Listing ID: GL11097876 View More Details
Description
Located in Key West's Casa Marina historic district on a tranquil one-way street and just 2 blocks from the beach, 1304 Elizabeth Street presents an exceptional investment opportunity.Nestled in the highly coveted X flood zone, and shaded by a majestic mango tree, this property offers two buildings and three separate units. The downstairs unit includes 2 bedrooms/2 baths, while the upstairs unit features 3 bedrooms/1 bath, and the cottage completes the ensemble with 1 bedroom/1 bath. Steeped in history, this property has been cherished by the same family since the early 1800's, and the home was once the private residence of a renowned Key West beauty pageant queen.Whether utilized as a primary residence with additional guest accommodations, long-term rental units, or exclusive vacation retreats, the versatile HRO zoning status makes this property poised to fulfill a variety of investment objectives. For an even larger compound, you might also consider purchasing the neighboring property that is currently for sale.Immerse yourself in the vibrant island atmosphere with beautiful beaches, amazing restaurants, live music, theaters, and boutique shopping all within walking distance.Schedule a viewing today and soon you can embark on making your Key West investment dreams come true..
