704 Caroline Street

Key West, FL 33040

$2,250,000
Price
4
Beds
5
Baths
2,080 Sq. Ft.
$1,082 / Sq. Ft.
2,080
Sq. Ft.
$1,082
per Sq. Ft.

Description

Triplex investment property! Prime location only 1 block from the historic Key West seaport and 2 blocks from Duval St. The downstairs offers 2 units which include a 1/1 with kitchenette and a 1/1 with full kitchen. Enjoy the front porch facing Caroline St. or spend a lazy afternoon lounging by the dip pool in the backyard. Ascend the gorgeous wooden staircase to the upstairs unit which includes the 2nd and 3rd floors and has many features reminiscent of an old ship accented by beautifully detailed...Triplex investment property! Prime location only 1 block from the historic Key West seaport and 2 blocks from Duval St. The downstairs offers 2 units which include a 1/1 with kitchenette and a 1/1 with full kitchen. Enjoy the front porch facing Caroline St. or spend a lazy afternoon lounging by the dip pool in the backyard. Ascend the gorgeous wooden staircase to the upstairs unit which includes the 2nd and 3rd floors and has many features reminiscent of an old ship accented by beautifully detailed wood trim. This 2/3 unit includes hardwood floors, stained glass details, a loft/office, a front porch for relaxing, a small back porch overlooking the pool, and a unique widow's walk where you can enjoy a bit of privacy in the treetops. The kitchen includes a built-in water filtration system, the master bedroom is a generous size, and you'll find storage galore throughout the home with built-ins, nooks, and crannies. This historic home has high ceilings throughout, and the windows (except skylights) are hurricane rated. The owners currently live in the upstairs unit and use the first-floor units as monthly vacation rentals. Any of the units could be used as long-term rentals, or the property could potentially be converted into an up/down duplex or returned to its original configuration as a single-family home. Enjoy the close proximity to all the amenities this great location offers in Old Town. This historic gem is awaiting your vision.
  1. Listed by LaReta J Morrison • eXp Realty LLC

Property Details for 704 Caroline Street

Waterfront
None
Waterfront
No
Zoning
HMDR - Historic Medium Density Residential
Subdivision
Old Town - Unrecord (1.0)
Building Style
Conch
Pets
Pets Allowed
LISTING UPDATED: 10/03/2024 09:57 AM

Property Details for 704 Caroline Street

StatusActive
MLS #611509
Days on Market59
Taxes$11,491 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / Multi-Units
Year Built1928
Lot Size0.04 AC / 1,925 SF
CountyMonroe County

Building Information for 704 Caroline Street

Stories3Residences3Year Built1928Building Size-Lot Size0.04 AC / 1,925 SF

Property Information for 704 Caroline Street

Summary
Location and General Information
  • Waterview: No Waterview
  • Area: 01 - Key West
  • Absolute Longitude: 81.801678
  • Control Depth: 0
  • Off Shore Island: No
  • Listing Board: Key West Association
  • Side: Bay/Gulf
  • KW Neighborhood: Old Town-N of Truman
  • Mile Marker: 1.0
  • Marathon Neighborhood: N/A
  • Key/Island: Key West
Owner
  • Owner Name: Tadd C Maudlin & Lindsay Anna Carswell
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: No
  • Association Info: 1st Right of Refusal: No
  • License Info: # of City License: 1
  • Fee Includes: None
  • Furnished: Negotiable
  • Tax Year: 2023
  • Tax Exemptions: Homestead
Property
Lot Information
  • Acres: 0.04
  • Parcel #: 00003660-000000
  • Land Size: Less Than 1/4 Acre
  • License Info: Non Trans Rntl Lic
Property and Assessments
  • Legal: KW PT LOT 3 SQR 22 G11-211 G59-334 OR15-446 OR98-455 OR231-255/56 OR337-127 OR466-260/61 OR650-90 OR792-1151 OR952-1771
  • MLS Approved: Y
  • Bank Owned: No
  • Limited Representation: No
  • SqFt Source: Property Data Card
  • Flood Zone: AE
  • Rentals Allowed: With Restrictions
  • Deed Restrictions: Unknown
  • Picture Count: 57
  • Document Count: 6
  • Building Style: Above Flood: Yes
  • Title: Negotiable
Utilities
  • Utilities: FKAA, Cable Available, Municipal Sewer
  • Pub Sewer HkUp: Yes
  • Species List: No
  • Pool: Yes
  • Handicap Access: No
  • Pool Info: In Ground, Decked
  • Porch/Balcony: Open Porch/Balcony, Deck, Widow's Walk
Interior and Exterior Features
Interior Features
  • Floor: Tile, Other, Wood
  • Interior Features: Drapes/Blinds Incl, Built-in Cabinets, Sky Light(s), Granite Counter Top, Entrance Foyer, Cathedral Ceilings
  • Pre-Wired: Cable, Surround Sound
  • Appliances: More Appliances, Water Purification, Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer, Washer
Exterior Features
  • Roof: Metal Roof
  • Shutters: Panel
  • Construction: Frame
  • Dockage: None
  • Windows/Doors: Impact Rstnce Window
Room Information
  • Specialty Rooms: Loft

Property History for 704 Caroline 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 704 Caroline Street

Taxable ValueLand-Additions-Total-
Tax Record2023$11,491 ($958 / month)
Home Facts
Baths5Total Finished SqFt2,080 SqFtAbove Grade Finished SqFt2,080 SqFtStories3Lot Size1,925 SqFtStyleMulti-Family Dwelling (2-4)Year Built1928Year Renovated2018CountyMONROEAPN00003660-000000

Schools near 704 Caroline Street

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - K to 5
Public - 8 to 12
Rating
School
Distance
Gerald Adams Elementary School
PublicPK to 5

Keys Center
Public8 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.

Similar Homes

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704 Caroline Street is a multi-family home for sale in Key West, FL 33040. This property was listed for sale on September 18, 2024 by eXp Realty LLC, it's currently listed at $2,250,000. It has been on the market for a total of 59 days and was last sold on March 27, 2020. This listing's school district is Monroe. Nearby schools include Gerald Adams Elementary School, Monroe Virtual Academy (Course Offerings) and Monroe Virtual Instruction Program (District Provided). 704 Caroline Street is a 4-bed, 5-bath, 2,080 sqft multi-family home built in 1928.

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 eXp Realty LLC

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.