Just Listed: 513 Olivia Street Key West, Fl. Two story legal duplex in Old Town and just 1/2 block off of Duval Street.
Just a few steps from Duval sits this great conch house with a secluded pool and gardens. This historic duplex is an ideal income or owner-occupied property. The exposed Dade Pine walls accent a beautiful upstairs owner's unit with one bedroom and one bath. The downstairs unit has two bedrooms and one bath and opens to the rear gardens and pool. There are upstairs and downstairs porches that lend themselves to people watching or relaxing with a good book and your favorite beverage. This property is a possible transient rental license receiver location. CLICK HERE for more info and pics of this property.
The area is densely populated with other transient rental units. And its proximity to Duval lends itself to use as a transient rental operation. I would suggest any potential investor checkout the websites of several companies that rent units in the area to see what kind of income a new owner could expect to achieve after a couple of years in the business. THIS 2 BEDROOM ON OLIVIA rents for $6080 to $7500 per month during season. THIS ONE BEDROOM @ DUVAL SQUARE rents for $3320 to $4100 during season.
CLICK HERE to do your own search of the Key West MLS website where you can checkout all residential and commercial listings. Then call Gary Thomas at 305.766.2642 to schedule a showing.
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