For sale

Price cut: $100K (6/16)

$1,899,999

1504 Flagler Ave, Key West, FL 33040

7beds

2,501sqft

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Multi Family

Built in 1963

-- sqft lot

$1,781,600 Zestimate^®

$760/sqft

$-- HOA

What's special

Street parkingOpen floor planCovered and dedicated parkingCentral airFire wall between units

Endless possiblities! Three units to rent for the investor or live in one and produce income from the other units. Downstairs you have a 3/1.5 with an open floor plan and covered porch with a patio. Upstairs you have two units with a 2/1 floor plan and a fire wall between units. All units have W/D hook ups and central air. Both units upstairs have balconies and seperate staircases for entry. 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.

57 days

188

10

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Facts & features

Interior

Bedrooms & bathrooms

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

Cooling

Central Air

Appliances

Included: Dishwasher, Microwave, Oven, Range, Refrigerator

Interior area

Total interior livable area: 2,501 sqft

Property

Parking

Parking features: Carport, Off Street
Has carport: Yes

Accessibility

Accessibility features: No

Features

Patio & porch: Open Porch/Balcony
Water view: None
Waterfront features: None, Dockage: None

Lot

Size: 4,356 Square Feet
Dimensions: 52 x 88
Features: Less Than 1/4 Acre

Details

Parcel number: 00062010000000
Zoning: SF
Zoning description: Single Family
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

CBS, Frame

Condition

Updated/Remodeled
New construction: No
Year built: 1963

Utilities & green energy

Sewer: Public Sewer
Utilities for property: FKAA

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: $760/sqft
Tax assessed value: $974,717
Annual tax amount: $7,978
Date on market: 5/15/2026
Listing terms: No Seller Finance,FHA,VA Loan,Conventional,Cash

Estimated market value

$1,781,600

$1.69M - $1.87M

$4,460/mo

Price history

Date	Event	Price
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

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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