1500 Patricia St, Key West, FL 33040

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.