Investment Opportunity - Income-Producing Triplex!
Don't miss this excellent income-producing triplex located in a convenient, high-demand area close to schools, shopping, dining, parks, and just minutes from downtown Key West. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the others, this property offers outstanding potential.
A rare feature of this property is the ample off-street parking, with room for up to 7 vehicles--a highly desirable amenity for both tenants and owners. The flexible layout provides multiple rental opportunities and consistent income potential in a strong rental market. Unit A = 2/1 Unit B = 2/1 Unit C (upstairs) = 3/2
With its desirable location, generous parking, and proven income-producing capabilities, 1614 Dennis Street is an exceptional opportunity for investors or owner-occupants alike. Schedule your private showing today!
Under contract
$1,299,000
1614 Dennis St, Key West, FL 33040
7beds
2,699sqft
Multi Family
Built in 1968
-- sqft lot
$-- Zestimate®
$481/sqft
$-- HOA
What's special
- 33 days |
- 219 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Matthew J Sheehan 305-849-9233,
Ocean Sotheby's International Realty
Source: FLKMLS,MLS#: 620718
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Cooling
- Central Air, Ceiling Fans(s)
Appliances
- Included: Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave
Features
- Flooring: Tile, Vinyl, Combination
Interior area
- Total structure area: 2,699
- Total interior livable area: 2,699 sqft
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Patio & porch: Open Porch/Balcony
Lot
- Size: 4,791 Square Feet
- Dimensions: 55 X 92
Details
- Parcel number: 00062930000000
- Zoning: SF - Single Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- CBS, Frame, Combo Construction
Condition
- Year built: 1968
Community & HOA
Community
- Subdivision: New Town - Unrecord (3.0)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Key West
Financial & listing details
- Price per square foot: $481/sqft
- Tax assessed value: $804,776
- Annual tax amount: $8,312
- Date on market: 7/22/2026
- Listing terms: No Seller Finance,Cash,Conventional,FHA
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/3/2026 | Contingent | $1,299,000$481/sqft |
Source: | ||
| 7/22/2026 | Listed for sale | $1,299,000$481/sqft |
Source: | ||
| 7/1/2026 | Listing removed | $1,299,000$481/sqft |
Source: | ||
| 4/14/2026 | Price change | $1,299,000-10.4%$481/sqft |
Source: | ||
| 3/16/2026 | Price change | $1,449,000-3.3%$537/sqft |
Source: | ||
| 1/16/2026 | Listed for sale | $1,499,000+256.9%$555/sqft |
Source: | ||
| 9/25/2025 | Listing removed | $3,300$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/26/2025 | Listed for rent | $3,300$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/23/2011 | Sold | $420,000$156/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,312 +7.6% | $804,776 +6.4% |
| 2024 | $7,723 +5.1% | $756,408 +10% |
| 2023 | $7,350 +9.3% | $687,644 +10% |
| 2022 | $6,726 +7.5% | $625,131 +10% |
| 2021 | $6,260 +1% | $568,301 +1.2% |
| 2020 | $6,201 | $561,492 +10% |
| 2019 | $6,201 +7.8% | $510,447 -11.2% |
| 2018 | $5,755 -9.6% | $575,138 +2.3% |
| 2017 | $6,367 +4.1% | $562,463 +3.4% |
| 2016 | $6,117 +1.3% | $544,223 +16.9% |
| 2015 | $6,038 | $465,539 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 33040
Nearby schools
GreatSchools rating
- 3/10Horace O'bryant SchoolGrades: PK-8Distance: 0.5 mi
- 4/10Key West High SchoolGrades: 9-12Distance: 0.1 mi
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