Fully renovated duplex offering immediate income and long-term upside in the heart of Mid-Town Key West. This property delivers the flexibility that today's buyer-investors want, offering a primary residence with income, a vacation retreat, or a pure investment opportunity. Live in one unit while generating strong rental income from the other or maximize returns with two income streams. Short-term rentals restricted to 28 days. Unit A features a spacious 3-bedroom, 2-bath layout with a private patio and projected rental income of approximately $5,000/month while Unit B offers a 2-bedroom, 1-bath layout with a private, decked backyard and is currently leased to reliable, long-term tenants at $4,000/month.Extensively updated in 2020-2021 for modernization and reduced maintenance, including hurricane-impact windows, new AC systems, a newer roof and a full replacement of cast iron plumbing with PVC from the home to the street. The HVAC system has been enhanced with clean ductwork and UV light technology for improved air quality.Unit A is fully enclosed with high-quality vinyl fencing, creating privacy and a clean, finished look while Unit B enjoys a fenced backyard complete with decked area. Positioned along Key West's dedicated cross-town bike trail, this centrally located property offers easy access to beaches, dining, and Old Town. Unit B does carry the required 28-day rental licenses. A rare opportunity to secure a move-in-ready, income-producing property in one of Key West's most desirable and accessible locations. Purchase Unit A, 3 bedroom/2 bath (MLS 619603) or Unit B, 2 bedroom/1 bath (MLS 619604) separately (condo docs to be formed/filed).
For sale
Price cut: $36K (6/23)
$1,250,000
2515 Staples Ave, Key West, FL 33040
5beds
1,752sqft
Duplex, Single Family Residence
Built in 1955
-- sqft lot
$-- Zestimate®
$713/sqft
$-- HOA
What's special
Private patioNew ac systemsNewer roofHurricane-impact windowsPrivate decked backyard
- 76 days |
- 196 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Ea Ruth 910-409-0120,
Loffreno Real Estate,
Michelle Blades 305-394-4750,
Realty Executives Florida Keys Old Town
Source: FLKMLS,MLS#: 619602
Originating MLS: Key West Association
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Appliances
- Included: Washer, Oven, Range, Refrigerator, Dishwasher, Dryer
Features
- Flooring: Tile
- Doors: Impact Rstnce Doors
- Windows: Impact Rstnce Window
Interior area
- Total interior livable area: 1,752 sqft
Property
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Fencing: Fenced
- Water view: None
- Waterfront features: None, Dockage: None
Lot
- Size: 5,227 Square Feet
- Dimensions: 50 x 100
- Features: Less Than 1/4 Acre
Details
- Parcel number: 00046250000000
- Zoning: SF
- Zoning description: Single Family
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Single Family Residence
- Attached to another structure: Yes
Materials
- CBS
- Roof: Metal
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: FKAA
Community & HOA
Community
- Subdivision: New Town - Unlisted (2.0)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Key West
Financial & listing details
- Price per square foot: $713/sqft
- Tax assessed value: $1,036,062
- Annual tax amount: $9,309
- Date on market: 4/22/2026
- Listing terms: Cash,VA Loan,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Price change | $1,250,000-2.8%$713/sqft |
Source: | ||
| 4/22/2026 | Listed for sale | $1,286,000+7.2%$734/sqft |
Source: | ||
| 8/23/2024 | Sold | $1,200,000-4%$685/sqft |
Source: | ||
| 7/19/2024 | Pending sale | $1,250,000$713/sqft |
Source: | ||
| 6/14/2024 | Contingent | $1,250,000$713/sqft |
Source: | ||
| 4/10/2024 | Price change | $1,250,000-7.4%$713/sqft |
Source: | ||
| 2/27/2024 | Listed for sale | $1,350,000+157.1%$771/sqft |
Source: | ||
| 3/18/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/18/2023 | Listed for rent | $8,500$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/31/2020 | Sold | $525,000$300/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,309 +28.3% | $1,036,062 +28.6% |
| 2024 | $7,254 +0.7% | $805,913 +1.9% |
| 2023 | $7,202 +20.4% | $790,997 +42.9% |
| 2022 | $5,983 +14.2% | $553,449 +10.6% |
| 2021 | $5,238 +4.2% | $500,496 +7.4% |
| 2020 | $5,029 | $465,848 +7.7% |
| 2019 | $5,029 +9.3% | $432,377 -0.2% |
| 2018 | $4,599 +3.3% | $433,286 +3.5% |
| 2017 | $4,452 +4.5% | $418,603 +2.3% |
| 2016 | $4,261 +0.9% | $409,090 +20.1% |
| 2015 | $4,223 | $340,513 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: New Town
Nearby schools
GreatSchools rating
- 7/10Poinciana Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 2/10Lower Keys Academic Connections for ExcellenceGrades: 6-12Distance: 0.4 mi
- 4/10Key West High SchoolGrades: 9-12Distance: 0.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Monroe County
- Key West
- 33040
- New Town
- 2515 Staples Ave







