1401 5th Street

Key West, FL 33040

$1,679,000
Price
6
Beds
3
Baths
2,434 Sq. Ft.
$690 / Sq. Ft.
2,434
Sq. Ft.
$690
per Sq. Ft.

Description

Rare Opportunity: Three Charming Homes on Adjacent Lots - Unlimited Potential! Discover the perfect investment opportunity with these three vintage 2-bedroom, 1-bathroom homes, nestled on separate adjoining lots and being sold together as a single package. Situated in a desirable location, this unique offering provides incredible flexibility for visionary buyers. Each home offers cozy layouts that are ripe for restoration or redevelopment. The true value lies in the combined potential of these properties--create...Rare Opportunity: Three Charming Homes on Adjacent Lots - Unlimited Potential! Discover the perfect investment opportunity with these three vintage 2-bedroom, 1-bathroom homes, nestled on separate adjoining lots and being sold together as a single package. Situated in a desirable location, this unique offering provides incredible flexibility for visionary buyers. Each home offers cozy layouts that are ripe for restoration or redevelopment. The true value lies in the combined potential of these properties--create a sprawling family estate, build a modern multi-home compound, or explore other construction options to maximize value. With their combined potential and prime location, these homes are a once-in-a-lifetime opportunity for developers, investors, or those looking to build their dream family retreat. Don't miss out--bring your imagination and start planning the possibilities today! Contact me to schedule a showing and envision the future of this incredible property package!
  1. Listed by Stacy Stahl • Realty ONE Group Destination • rogdestination@gmail.com

Property Details for 1401 5th Street

Waterfront
None
Waterfront
No
Zoning
SF - Single Family
Subdivision
Key West Realty Cos Sub (3.0)
Directions
Corner of 5th and Seidenberg.
Building Style
Ground Level
Vehicle Storage
Off Street Parking
Pets
Pets Allowed
LISTING UPDATED: 12/12/2024 11:02 AM

Property Details for 1401 5th Street

StatusActive
MLS #612665
Days on Market12
Taxes$3,208 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built1948
Lot Size0.17 AC / 7,500 SF
CountyMonroe County

Building Information for 1401 5th Street

Stories-Year Built1948Building Size-Lot Size0.17 AC / 7,500 SF

Property Information for 1401 5th Street

Summary
Location and General Information
  • Waterview: No Waterview
  • Area: 03 - Key West
  • Absolute Longitude: 81.776948
  • Control Depth: 0
  • Listing Board: Key West Association
  • Side: Median
  • KW Neighborhood: Midtown East
  • Mile Marker: 3.0
  • Marathon Neighborhood: N/A
  • Key/Island: Key West
Owner
  • Owner Name: multiple LLCs per tax records
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: No
  • Association Info: 1st Right of Refusal: No
  • Fee Includes: None
  • Furnished: Unfurnished
  • Tax Year: 2023
  • Tax Exemptions: None
Property
Lot Information
  • Lot Size: 7500sf total of 3 lots
  • SqFt Remarks: 1401 5th is 720sf1405 5th is 1074sf2302 Seidenberg is 640sf
  • Parcel #: 00046650-000100
  • Add'l Parcel #1: 00046650-000000
  • Add'l Parcel #2: 00046650-000200
  • Land Size: More than 1 Lot
Property and Assessments
  • Legal: KW KW REALTY CO'S FIRST SUB PB1-43 PT LOT 16 SQR 13 TR 21 G17-207 OR655-657/60 OR684-671 OR1727-1662/66 OR2117-1625/36(R
  • MLS Approved: Y
  • Limited Representation: No
  • SqFt Source: Property Data Card
  • Flood Zone: AE
  • Rentals Allowed: With Restrictions
  • Deed Restrictions: Unknown
  • Picture Count: 21
  • Document Count: 0
  • Building Style: Above Flood: Unknown
  • Property Condition: Fixer Upper
Utilities
  • Utilities: FKAA, Cable Available, Elect Separate Meter, Water Separate Meter, Municipal Sewer
  • Pub Sewer HkUp: Yes
  • Pool: No
  • Porch/Balcony: Open Porch/Balcony
Interior and Exterior Features
Interior Features
  • Appliances: Refrigerator, Range
Exterior Features
  • Construction: Frame
  • Dockage: None
  • Exterior Features: Fencing, Shed

Property History for 1401 5th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1401 5th Street

Taxable ValueLand$243,043Additions$87,263Total$330,306
Tax Record2023$3,208 ($267 / month)
Home Facts
Beds1Baths1Total Finished SqFt720 SqFtAbove Grade Finished SqFt720 SqFtStories1Lot Size2,138 SqFtStyleSingle Family ResidenceYear Built1948Year Renovated1995CountyMONROEAPN00046650-000100

Schools near 1401 5th Street

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Charter - 9 to 12
Charter - PK to 8
Rating
School
Distance
Poinciana Elementary School
PublicPK to 5

Somerset Island Prep
Charter9 to 12

May Sands Montessori School
CharterPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1401 5th Street is a single family home for sale in Key West, FL 33040. This property was listed for sale on December 9, 2024 by Realty ONE Group Destination, it's currently listed at $1,679,000. This listing's school district is Monroe. Nearby schools include Poinciana Elementary School, Lower Keys Academic Connections for Excellence and Somerset Island Prep. 1401 5th Street is a 6-bed, 3-bath, 2,434 sqft single family home built in 1948.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty ONE Group Destination

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.