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  • 1614 Dennis Street, Key West, FL 33040 (MLS# 618151)

1614 Dennis Street, Key West, FL 33040

$1,499,000
Property Type: Residential Bedrooms: 7 Baths: 4 Square Footage: 2,699 Lot Size (sq. ft.): 5,056 Status: Active
Current Price: $1,499,000 List Date: 1/16/2026 Last Modified: 1/20/2026

Description

1614 Dennis St is a rare income-producing triplex offering strong cash flow and flexible use in the heart of Key West. Generating over $125,000 annually in rental income, this well-configured property features three separate units, each with its own washer and dryer, making it highly desirable for long-term tenants and employee housing. The layout includes two spacious 2-bedroom / 1-bath units and an upstairs 3-bedroom / 2-bath residence, providing multiple rental strategies and value-add potential. A standout feature is parking for up to 7 vehicles—a true luxury in Key West and a major draw for tenants. Large Shed on property with two dedicated spaces that could be converted into a workspace. Ideal for investors seeking steady returns or employers looking for quality workforce housing, this triplex combines strong income, practical design, and exceptional parking in one compelling opportunity. Please note some photos were digitally staged and or altered to protect tenant privacy.

More Information MLS# 618151

Contract Information

Listing Board: Key West Association Current Price: $1,499,000 Listing Date: 2026-01-16 List Price: $1,499,000

Location, Tax & Legal

KW Neighborhood: New Town City: KEY WEST Mile Marker: 3 Marathon Neighborhood: N/A Side: Median Flood Zone: AE Alternate Key #: 1063347 Parcel #: 00062930-000000 Zoning: SF - Single Family Deed Restrictions: Unknown Legal: KW DIAG PB 1-13 ALL LT 10 THE SELY 2 FT 4 IN OF LT 13 SQR 4 TR 30 OR300-455/56 OR520-947 OR980-892 OR1089-1773 OR1324-17 Taxes: 8312.45 Tax Year: 2025 Pub Sewer HkUp: Yes Street #: 1614 Street Name: Dennis Street Suffix: Street Key/Island: Key West State/Province: FL Zip Code: 33040 County: Monroe Subdivision: New Town - Unrecord (3.0) Area: 03 - Key West

General Property Description

Realtor.COM Type: Multi-family Waterfront: No Control Depth: 0 Lot Size: 55 X 92 Lot SqFt: 5056 Pool: No Total Units: 0 Acres: 0.12 SqFt Source: Tax Records Rentals Allowed: Yes Style: Multi-Units Year Built: 1968 Living Apx SqFt: 2699 Total Bedrooms: 7 Full Baths: 4 Total Baths: 4

Remarks & Misc

Remarks – Consumer: 1614 Dennis St is a rare income-producing triplex offering strong cash flow and flexible use in the heart of Key West. Generating over $125,000 annually in rental income, this well-configured property features three separate units, each with its own washer and dryer, making it highly desirable for long-term tenants and employee housing. The layout includes two spacious 2-bedroom / 1-bath units and an upstairs 3-bedroom / 2-bath residence, providing multiple rental strategies and value-add potential. A standout feature is parking for up to 7 vehicles—a true luxury in Key West and a major draw for tenants. Large Shed on property with two dedicated spaces that could be converted into a workspace. Ideal for investors seeking steady returns or employers looking for quality workforce housing, this triplex combines strong income, practical design, and exceptional parking in one compelling opportunity. Please note some photos were digitally staged and or altered to protect tenant privacy.

Association Info

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

Fee Includes

None: 1

Dockage

None: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Range: 1 Refrigerator: 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Combo: 1 Tile: 1 Vinyl: 1

Interior Features

Cathedral Ceilings: 1 Smoke Alarms: 1

Property Condition

Fixer Upper: 1

Building Style

Above Flood: Unknown Stories: 2 Stories

Vehicle Storage

Car(s): 4+ Off Street Parking: 1

Construction

CBS: 1 Combo Construction: 1 Frame: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Unfurnished: 1

Terms

Cash: 1 Conventional: 1

Utilities

Buyer to Verify: 1 FKAA: 1

Porch/Balcony

Deck: 1 Open Porch/Balcony: 1

Title

Negotiable: 1

Exterior Features

Shed: 1

Roof

Combo Roof: 1 Metal Roof: 1

Status Change Info

Status: Active

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Fixer Upper Vehicle Storage: Off Street Parking Furnished: Unfurnished Cooling: Ceiling Fans(s); Central Air Utilities: Buyer to Verify; FKAA Interior Features: Cathedral Ceilings; Smoke Alarms Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Exterior Features: Shed Construction: CBS; Combo Construction; Frame Floor: Combo; Tile; Vinyl Roof: Combo Roof; Metal Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash; Conventional Title: Negotiable
Listing Office: Ocean Sotheby's International Realty
Last Updated: January - 20 - 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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