618 Ashe Street

Key West, FL 33040

$1,199,000
Price
2
Beds
3
Baths
1,323 Sq. Ft.
$906 / Sq. Ft.
1,323
Sq. Ft.
$906
per Sq. Ft.

Description

This unique property is a rare triplex in the heart of historic Old Town Key West. The charming front unit has a wide porch nestled behind tropical foliage on a quiet street. An outside staircase on the left leads up to a cozy studio on the second floor, with a treetop view of a mango tree. A walkway on the right leads to the secluded rear cottage, with three doors opening to a wrap-around deck facing a beautiful, tree shaded garden, with room for a pool. The garden unit offers a peaceful retreat,...This unique property is a rare triplex in the heart of historic Old Town Key West. The charming front unit has a wide porch nestled behind tropical foliage on a quiet street. An outside staircase on the left leads up to a cozy studio on the second floor, with a treetop view of a mango tree. A walkway on the right leads to the secluded rear cottage, with three doors opening to a wrap-around deck facing a beautiful, tree shaded garden, with room for a pool. The garden unit offers a peaceful retreat, perfect for relaxation and outdoor gatherings. This property is in an elegant, tranquil neighborhood, a fifteen-minute walk (or five-minute bike ride) from the lively, restaurants, galleries, shops and vibrant attractions centered around Duval street, and Mallory Square's world-famous Sunset Celebration. This exceptional triplex is ideal for a large family or an investor seeking multiple units. The property has been rented ''as is'' for many years with month-long or longer leases. For the buyer, there is a great opportunity to multiply the value (and potential revenues) of the property with judicious renovations. Property located in the X flood zone.
  1. Listed by Rick L Lively • Coldwell Banker Schmitt Real Estate Co. (KW)
  2. Listed by Louis M Paez • Coldwell Banker Schmitt Real Estate Co. (KW)

Property Details for 618 Ashe Street

Waterfront
None
Waterfront
No
Zoning
HHDR - Historic High Density Residential
Subdivision
Old Town - Unrecord (1.0)
Directions
618 Ashe
Vehicle Storage
Open Parking
Pets
Pets Allowed
LISTING UPDATED: 12/31/2024 06:40 AM

Property Details for 618 Ashe Street

StatusActive
MLS #612893
Days on Market3
Taxes$7,543 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / Multi-Units
Year Built1938
Lot Size0.07 AC / 3,049 SF
CountyMonroe County

Building Information for 618 Ashe Street

Stories2Residences3Year Built1938Building Size-Lot Size0.07 AC / 3,049 SF

Property Information for 618 Ashe Street

Summary
Location and General Information
  • Waterview: No Waterview
  • Area: 01 - Key West
  • Absolute Longitude: 81.794261
  • Control Depth: 0
  • Off Shore Island: No
  • Listing Board: Marathon/Lower Keys
  • Side: Median
  • KW Neighborhood: Old Town-N of Truman
  • Mile Marker: 1.0
  • Marathon Neighborhood: N/A
  • Key/Island: Key West
Owner
  • Owner Name: See MCPA
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: No
  • Association Info: 1st Right of Refusal: No
  • Fee Includes: None
  • Furnished: Negotiable
  • Tax Year: 2023
  • Tax Exemptions: None
Virtual Tour
Property
Lot Information
  • Acres: 0.07
  • Parcel #: 00010500-000000
  • Land Size: Less Than 1/4 Acre
Property and Assessments
  • Legal: KW PT LOT 4 SQR 55 B5-24
  • MLS Approved: Y
  • Bank Owned: No
  • Limited Representation: No
  • SqFt Source: Seller
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Rentals Allowed: With Restrictions
  • Deed Restrictions: Unknown
  • Picture Count: 72
  • Document Count: 0
  • Building Style: Above Flood: Yes
  • Property Condition: Fixer Upper
  • Title: Negotiable
Utilities
  • Utilities: FKAA, Municipal Sewer
  • Pub Sewer HkUp: Yes
  • Species List: No
  • Pool: No
  • Porch/Balcony: Open Porch/Balcony, Deck
Interior and Exterior Features
Interior Features
  • Floor: Other
  • Appliances: Other: YES
Exterior Features
  • Roof: Metal Roof
  • Construction: Frame
  • Dockage: None
  • Exterior Features: Fruit Tree(s)
  • Windows/Doors: French Doors

Property History for 618 Ashe 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 618 Ashe Street

Taxable ValueLand$866,107Additions$176,640Total$1,042,747
Tax Record2023$7,543 ($629 / month)
Home Facts
Baths3Total Finished SqFt891 SqFtAbove Grade Finished SqFt891 SqFtStories1Lot Size3,048 SqFtStyleMulti-Family Dwelling (2-4)Year Built1938Year Renovated2001CountyMONROEAPN00010500-000000

Schools near 618 Ashe Street

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - K to 12
Public - K to 5
Public - 6 to 12
Rating
School
Distance
Horace O'bryant School
PublicPK to 8

Monroe Virtual Instruction Program
PublicK to 12

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.

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618 Ashe Street is a multi-family home for sale in Key West, FL 33040. This property was listed for sale on December 30, 2024 by Coldwell Banker Schmitt Real Estate Co. (KW), it's currently listed at $1,199,000. It has been on the market for a total of 3 days and was last sold on November 3, 2003. This listing's school district is Monroe. Nearby schools include Horace O'bryant School, Monroe Virtual Instruction Program and Monroe Virtual Instruction Program (District Provided). 618 Ashe Street is a 2-bed, 3-bath, 1,323 sqft multi-family home built in 1938.

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 Coldwell Banker Schmitt Real Estate Co. (KW)

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.