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For sale
  • Price cut: $150K (6/2)
    $1,500,000

    1821 Harris Ave, Key West, FL 33040

    9beds
    3,687sqft
    : 
    $8,670/mo
    Get pre-qualified
    Multi Family
    Built in 1948
    -- sqft lot
    $1,414,600 Zestimate®
    $407/sqft
    $-- HOA

    What's special

    Right in the heart of Key West, this income-producing triplex is the kind of property investors are always asking for--strong numbers, solid layout, and a location that never goes out of style. The property features three spacious units, each offering 3 bedrooms and 2 bathrooms, making them highly desirable for long-term tenants. The front unit stands out with its single-level design--larger than the others and perfect for tenants who prefer the ease of one-story living. The two rear units are thoughtfully designed as two-story layouts, with living, kitchen, and entertaining space on the main level, and all bedrooms and bathrooms tucked upstairs for privacy. From an investment standpoint, the numbers speak for themselves. The units are currently rented at $6,500, $4,500, and $3,400 per month, bringing in a total annual income of $172,800 on long-term leases--steady, reliable cash flow in one of the most in-demand rental markets in the country. And then there's the location. You're just minutes from the coastline and a quick ride to downtown Key West, where all the restaurants, nightlife, and charm come together. Tenants love it here--which is exactly what you want as an owner. Whether you're looking to expand your portfolio or secure a high-performing asset in the Florida Keys, this triplex checks all the boxes.
    119 days
    |
    267
    |
    18
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Monika Rydzak 305-395-0250,

    eXp Realty LLC KW Branch,

    Dayanna E Castro 305-434-6661,

    eXp Realty LLC KW Branch

    Source: FLKMLS,MLS#: 619617MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 7
      • Full bathrooms: 7
      Bedroom 1
      • Level: Main
      Cooling
      • Central Air, Wall/Window Unit(s), Ceiling Fans(s)
      Appliances
      • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave
      Features
      • Flooring: Tile, Other, Laminate
      Interior area
      • Total structure area: 3,687
      • Total interior livable area: 3,687 sqft

      Property

      Features
      • Levels: Ground Level
      Lot
      • Size: 4,791 Square Feet
      • Dimensions: 48 X 100
      Details
      • Parcel number: 00049460000000
      • Zoning: MDR-1 - Medium Desnity Residential

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • CBS
      Condition
      • Year built: 1948

      Utilities & green energy

      • Utilities for property: Water Separate Meter, Elect Separate Meter, Cable Available

      Community & HOA

      Community
      • Subdivision: Key West Realty Cos Sub (3.0)
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Key West

      Financial & listing details

      • Price per square foot: $407/sqft
      • Tax assessed value: $1,066,071
      • Annual tax amount: $10,461
      • Date on market: 4/24/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        $1,414,600

        $1.34M - $1.49M

        $2,994/mo

        Price history

        DateEventPrice
        6/2/2026Price change$1,500,000-9.1%$407/sqft
        Source: FLKMLS #619617 Report a problem
        4/24/2026Listed for sale$1,650,000-9.6%$448/sqft
        Source: eXp Realty #619617 Report a problem
        2/1/2026Listing removed$1,824,900$495/sqft
        Source: Key West AOR #617145 Report a problem
        11/2/2025Listed for sale$1,824,900-0.3%$495/sqft
        Source: FLKMLS #617145 Report a problem
        11/1/2025Listing removed$1,829,900$496/sqft
        Source: Key West AOR #616373 Report a problem
        10/13/2025Price change$1,829,900-0.8%$496/sqft
        Source: Key West AOR #616373 Report a problem
        9/3/2025Listed for sale$1,844,900$500/sqft
        Source: FLKMLS #616373 Report a problem
        9/1/2025Listing removed$1,844,900$500/sqft
        Source: Key West AOR #615692 Report a problem
        7/7/2025Listed for sale$1,844,900-5.1%$500/sqft
        Source: Key West AOR #615692 Report a problem
        6/27/2025Listing removed$1,944,900$528/sqft
        Source: Key West AOR #614598 Report a problem
        6/5/2025Price change$1,944,900-2.5%$528/sqft
        Source: Key West AOR #614598 Report a problem
        4/28/2025Price change$1,995,000-5%$541/sqft
        Source: FLKMLS #614598 Report a problem
        4/11/2025Listed for sale$2,100,000+94.4%$570/sqft
        Source: FLKMLS #614598 Report a problem
        9/23/2020Sold$1,080,000-6%$293/sqft
        Source: FLKMLS #591513 Report a problem
        7/2/2020Listed for sale$1,149,000+141.9%$312/sqft
        Source: Key West Luxury Real Estate Inc (KW) #591513 Report a problem
        1/28/2010Sold$475,000+15.3%$129/sqft
        Source: FLKMLS #111634 Report a problem
        10/27/1998Sold$412,000$112/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,462 +4.8%$1,066,071 +2.7%
        2024$9,983 +3.2%$1,037,864 +6.9%
        2023$9,673 +8.8%$970,878 +10%
        2022$8,894 +7%$882,616 +10%
        2021$8,310 +35%$802,378 +34.2%
        2020$6,157 $598,079 +4.2%
        2019$6,157 -2.5%$573,807 -4.3%
        2018$6,313 -4.8%$599,463 +6.5%
        2017$6,632 +18%$563,105 +4.6%
        2016$5,621 +5.3%$538,186 +10.4%
        2015$5,340 $487,408
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Midtown

        Getting around

        75 / 100
        Very Walkable
        23 / 100
        Minimal Transit
        95 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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