1416 Patricia Street, Key West, FL 33040

$880,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,646 Lot Size (sq. ft.): 6,000 Status: Closed

Current Price: $880,000 List Date: 2/23/2023 Last Modified: 7/17/2026

Overview

Description

INVESTMENT OPPORTUNITY for the savvy buyer. This legal duplex needs just a little TLC to be a perfect long-term rental. Or spend a bit more to create your perfect Key West Shangri-La! First time on the market is this perfectly situated Midtown West opportunity! Recognized by the city of Key West as a legal duplex, 1416 Patricia Street is configured as a 2 bedroom, 2 bathroom main house aka 'Front unit' AND a 1 bedroom, 1 bath 'Rear unit.' The Rear unit has an active BTR with the City of Key West. 2 electric meters, 1 water meter, and room for a pool. Easy walking, biking, or scooter riding to Smathers AND Higgs beach areas. Ready for your upgrades & enjoyment.

Listing Details MLS# 604302

Location, Tax & Legal

Street #: 1416
Street Name: Patricia
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Macros Subd (2.0)
Area: 03 - Key West
KW Neighborhood: Midtown West
City: KEY WEST
Mile Marker: 2
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE
Alternate Key #: 1059561
Parcel #: 00059100-000000
Zoning: SF - Single Family
Deed Restrictions: Unknown
Legal: BK 3 LOT 3 MACROS SUBDIVISION PB2-113 A SUB OF THE EASTERLY 436.5 FT OF TRACT 28 LYING BETWEEN LAIRD ST AND ATLANTIC BLV
Taxes: 3991.75
Tax Year: 2022
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Key West Association
As is Rght to Inspct: Yes

General Property Description

Realtor.COM Type: Residential - Single Family
Style: Duplex
Waterfront: No
Pool: No
Year Built: 1953
Lot SqFt: 6000
Acres: 0.14
Living Apx SqFt: 1646
SqFt Source: Tax Records
Total Bedrooms: 3
Full Baths: 3
Total Baths: 3
Rentals Allowed: With Restrictions
Min Rental Days: 28
Control Depth: 0

Status Change Info

Under Contract Date: 2023-03-07
Sold Date: 2023-03-17
Sold Comments: Buyer paid title; great job Madeleine!

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0

License Info

# of City License: Yes
Non Trans Rntl Lic: Yes

More Information

Building Style

Above Flood: No
Stories: 1 Story
Ground Level: Yes

Appliances

Other: As Is; NO Guarantee

Financial Status

Standard Sale: Yes

Remarks & Misc

Remarks – Consumer: INVESTMENT OPPORTUNITY for the savvy buyer. This legal duplex needs just a little TLC to be a perfect long-term rental. Or spend a bit more to create your perfect Key West Shangri-La! First time on the market is this perfectly situated Midtown West opportunity! Recognized by the city of Key West as a legal duplex, 1416 Patricia Street is configured as a 2 bedroom, 2 bathroom main house aka 'Front unit' AND a 1 bedroom, 1 bath 'Rear unit.' The Rear unit has an active BTR with the City of Key West. 2 electric meters, 1 water meter, and room for a pool. Easy walking, biking, or scooter riding to Smathers AND Higgs beach areas. Ready for your upgrades & enjoyment.

Fee Includes

None: Yes

Dockage

None: Yes

Tax Exemptions

None: Yes

Pets

Pets Allowed: Yes

Cooling

Ceiling Fans(s): Yes
Ductless: Yes
Wall/Window Unit(s): Yes

Waterfront

None: Yes

Waterview

No Waterview: Yes

Property Condition

Fixer Upper: Yes

Windows/Doors

Aluminum Windows: Yes

Vehicle Storage

Carport: Yes
Covered Parking: Yes
Off Street Parking: Yes

Construction

CBS: Yes
Frame: Yes

Land Size

Less Than 1/4 Acre: Yes

Furnished

Unfurnished: Yes

Terms

Cash: Yes
Conventional: Yes

Utilities

Buyer to Verify: Yes
Elect Separate Meter: Yes
FKAA: Yes

Title

Negotiable: Yes

Roof

Combo Roof: Yes
Tile Roof: Yes
Other Roof: Yes

Shutters

Accordion: Yes
Panel: Yes

Property Features

Fee Includes: None Tax Exemptions: None License Info: Non Trans Rntl Lic Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Fixer Upper Building Style: Ground Level Vehicle Storage: Carport; Covered Parking; Off Street Parking Furnished: Unfurnished Cooling: Ceiling Fans(s); Ductless; Wall/Window Unit(s) Utilities: Buyer to Verify; Elect Separate Meter; FKAA Construction: CBS; Frame Shutters: Accordion; Panel Roof: Combo Roof; Tile Roof; Other Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash; Conventional Title: Negotiable

Listing Office: Key West Sales, LLC

Last Updated: July - 17 - 2026

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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