Discover the perfect blend of flexibility, privacy, and income potential in this beautifully updated Key West duplex--ideal for families, extended living, or savvy investors. The main residence is a spacious 2-bedroom, 1-bath home thoughtfully updated in 2026 with a brand-new kitchen featuring modern cabinetry, sleek quartz countertops, a tile backsplash, and new stainless appliances. Luxury vinyl flooring flows throughout the home, complemented by a new roof that adds peace of mind and long-term value. New mini split in 2023 and new central ac in 2024. Outdoor living truly shines here, with two generously sized yards--front and back--offering rare space in Key West. The fully fenced backyard is perfect for pets and children and provides ample room to add a pool, create a tropical oasis, or expand outdoor entertaining. The separate 1-bedroom, 1-bath apartment offers excellent versatility, whether used for extended family, guests, or as an income-producing rental. Currently generating $2,500 per month, it provides immediate cash flow while maintaining privacy from the main home. A dedicated laundry room with its own entrance adds convenience and separation for both units. You can use the rental income from one or both units to qualify for mortgage. Whether you're looking for a multi-generational home, a live-in investment, or a strong rental property in one of Key West's most desirable markets, this property delivers space, updates, and income--all in one exceptional opportunity.