Six Legal Rental Units offering a total of 10 bedrooms and 6 bathrooms
Strong Income-Producing Property with current gross rents of $14,500 per month ($174,000 annually)
Separate Utility Meters for each apartment, helping keep owner expenses low
Six Off-Street Parking Spaces — a highly desirable and scarce feature in Key West
Diverse unit mix:
Three 1BR/1BA units
Two 2BR/1BA units
One 3BR/1BA unit
3,876 SF Building on a 3,598 SF lot
Lot spans from Pohalski Street to Havana Lane, providing convenient tenant access and parking
Located in a high-and-dry area within a BFE flood zone (formerly X zone)
Limited operating expenses enhance cash flow potential
Long-term family ownership with established rental history
Excellent opportunity for:
Buy-and-hold investors
1031 Exchange buyers
Workforce/employee housing operators
Multi-family portfolio expansion
Rare opportunity to acquire a fully leased six-unit multifamily property in Key West
Investor Appeal: Stable income, separate utilities, off-street parking, and a desirable Key West location make this a compelling multifamily investment with both cash-flow and long-term appreciation potential.