1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
1500 Patricia Street
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$1,549,000

1500 Patricia Street

4 Beds 3 Baths 2,240 Sq.Ft. 5,548 Sq.Ft.

Description

Live in Paradise AND have rental income with this LEGAL DUPLEX in Midtown West! Cover your taxes & insurance & generate a profit! 2200 sf of living space on a large corner lot two blocks to ocean. BOTH units hold non-transient monthly licenses, offering many options for use AND income. Live in one unit/ rent the other, rent both, or use as a single family with space for family & friends. Fantastic option for the buyer who values a large lot and home with great flexibility for use and an opportunity for SIGNIFICANT income.Spacious, 1 bedroom apartment upstairs with private entrance & covered porch to enjoy the ocean breeze. Open floor plan, oversized en-suite bedroom with spacious closet, double sink vanity, shower and soaking tub. Separate utilities and laundry. Fully remodeled in 2021. Active, lucrative monthly vaca rental. First floor unit is essentially a single family home with 1518 sf of living space. 3 bedrooms, 2 full baths and light-filled front to back open living. Upon entering, enjoy a freshly furnished living room. Centrally located kitchen and dining flow seamlessly into the rear family room, which opens to a covered porch and large yard. Significant updates throughout 2023/24. Both baths gutted to studs, have new pvc piping and are fresh and modern. Refaced kitchen with quartz counters and new stainless steel appliances. Brand new Mitsubishi mini split system. Original Terrazzo tile was refurbished and sealed, offering a stunning tribute to mid-century Florida design.Exterior of home has also been updated with fresh stucco and paint. Brand new metal roof, built to reflect current codes, ensures the strength of this concrete home and LOW insurances. PLENTY of room for a pool and easy access for construction. Superb location! Artisan Market, tennis and bocce courts, dog park, Higgs Beach, White St Pier and West Martello gardens are all within a 5 min walk. Enjoy a peaceful, quiet neighborhood with Old Town action just 1/2 mile away.

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Location

1500 Patricia Street, Key West, FL 33040

Status

Sold
Bascom Grooms IV

Bascom Grooms IV

TITLE

Founder | CEO

LICENSE

BK647099

Property Amenities

Interior
Appliances Dishwasher, Range, Washer, Stainless Steel Appliance(s), Refrigerator, Ice Machine, Oven, More Appliances, Microwave, Freezer, Dryer
Flooring Terrazzo, Vinyl
Total Bedrooms: 4
Full Bathrooms: 3
Other Interior Features Pantry, Storage, Quartz Countertops, Cable, Panel, Laundry Room, Aluminum Windows
Area & Lot
Total area 2,240 Sq.Ft.
Lot Area 5,548 Sq.Ft.
Living area 2,240 Sq.Ft.
MLS® ID 609591
Year Built 1958
School District No
Water Frontage None
View Description No Waterview
Type Multi-Family
Status Sold
Exterior
Stories 2
Air conditioning Ductless
Heat type Ductless
Disability Features None
Security Features No Security
Other Exterior Features Fencing, Privacy Wall/Fence, Fruit Tree(s)
Parking Off Street Parking
Roof Metal Roof
Utilities Cable Available, Water Separate Meter, Municipal Sewer, FKAA, Elect Separate Meter
Finance
Sales Price $1,549,000
Real Estate Tax $9,965 yearly

New Town Key West & Midtown East

Work With Us

Whether you are thinking of buying, selling, or investing in Florida Keys real estate, you can count on the experts at Bascom Grooms Real Estate. Contact us today to discuss all your real estate needs!