For sale

Price cut: $100K (8/26)

$1,699,999

1504 Flagler Ave, Key West, FL 33040

7beds

2,501sqft

$9,722/mo

Get pre-qualified

Multi Family

Built in 1963

-- sqft lot

$1,604,800 Zestimate^®

$680/sqft

$-- HOA

What's special

Open floor planCovered and dedicated parkingCentral air

Endless possiblities! Two units to rent for the investor or live in one and produce income from the other unit. Downstairs you have a 3/1.5 with an open floor plan and covered porch with a patio. Upstairs you have a 2/1 floor plan and a mother in law lock out. All units have W/D hook ups and central air. Low maintence yardcare. Covered and dedicated parking with street parking as well. Great location close to downtown and the beaches. Owner is a general contractor and has lived in the home since 1972 and added the second story in 1994.

103 days

308

18

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 5
Full bathrooms: 4
1/2 bathrooms: 1

Cooling

Central Air

Appliances

Included: Dishwasher, Refrigerator, Range, Oven, Microwave

Interior area

Total structure area: 2,501
Total interior livable area: 2,501 sqft

Property

Features

Patio & porch: Open Porch/Balcony

Lot

Size: 4,356 Square Feet
Dimensions: 52 X 88

Details

Parcel number: 00062010000000
Zoning: SF - Single Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

CBS, Frame

Condition

Updated/Remodeled
New construction: No
Year built: 1963

Community & HOA

Community

Subdivision: Flagler Center PH 2 (3.0)

HOA

Has HOA: No
Services included: None

Location

Region: Key West

Financial & listing details

Price per square foot: $680/sqft
Tax assessed value: $974,717
Annual tax amount: $7,978
Date on market: 5/15/2026
Listing terms: No Seller Finance,Cash,Conventional,FHA

Estimated market value

$1,604,800

$1.52M - $1.69M

$5,124/mo

Price history

Date	Event	Price
8/26/2026	Price change	$1,699,999-5.6%$680/sqft
Source: FLKMLS #619911 Report a problem
7/21/2026	Price change	$1,799,999-5.3%$720/sqft
Source: FLKMLS #619911 Report a problem
6/16/2026	Price change	$1,899,999-5%$760/sqft
Source: Key West AOR #619911 Report a problem
5/15/2026	Listed for sale	$1,999,999-20%$800/sqft
Source: Key West AOR #619911 Report a problem
6/26/2023	Listing removed	--
Source: Key West AOR #604128 Report a problem
2/8/2023	Listed for sale	$2,500,000$1,000/sqft
Source: Key West AOR #604128 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,979 +6%	$792,378 +6.7%
2024	$7,525 +4.5%	$742,424 +6.7%
2023	$7,200 +9.3%	$696,066 +6.5%
2022	$6,588 +4.5%	$653,307 +6.4%
2021	$6,303 +7%	$613,838 +7.6%
2020	$5,889	$570,303 +0.6%
2019	$5,889 0%	$566,762 +2.7%
2018	$5,889	$551,851 +0.1%
2017	--	$551,420 +1.5%
2016	--	$543,080 +9.7%
2015	--	$495,154