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  • 2515 Staples Avenue, Key West, FL 33040 (MLS# 619602)

2515 Staples Avenue, Key West, FL 33040

$1,286,000
Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 1,752 Lot Size (sq. ft.): 5,000 Status: Active
Current Price: $1,286,000 List Date: 4/22/2026 Last Modified: 5/05/2026

Description

Fully renovated duplex offering immediate income and long-term upside in the heart of Mid-Town Key West. This property delivers the flexibility that today's buyer-investors want, offering a primary residence with income, a vacation retreat, or a pure investment opportunity. Live in one unit while generating strong rental income from the other or maximize returns with two income streams. Short-term rentals restricted to 28 days. Unit A features a spacious 3-bedroom, 2-bath layout with a private patio and projected rental income of approximately $5,000/month while Unit B offers a 2-bedroom, 1-bath layout with a private, decked backyard and is currently leased to reliable, long-term tenants at $4,000/month. Extensively updated in 2020-2021 for modernization and reduced maintenance, including hurricane-impact windows, new AC systems, a newer roof and a full replacement of cast iron plumbing with PVC from the home to the street. The HVAC system has been enhanced with clean ductwork and UV light technology for improved air quality. Unit A is fully enclosed with high-quality vinyl fencing, creating privacy and a clean, finished look while Unit B enjoys a fenced backyard complete with decked area. Positioned along Key West's dedicated cross-town bike trail, this centrally located property offers easy access to beaches, dining, and Old Town. Unit B does carry the required 28-day rental licenses. A rare opportunity to secure a move-in-ready, income-producing property in one of Key West's most desirable and accessible locations. Purchase Unit A, 3 bedroom/2 bath for $879,000 (MLS 619603) or Unit B, 2 bedroom/1 bath for $539,000 (MLS 619604) separately (condo docs to be formed/filed).

More Information MLS# 619602

Contract Information

Listing Board: Key West Association As is Rght to Inspct: Yes Current Price: $1,286,000 Listing Date: 2026-04-22 List Price: $1,286,000

Location, Tax & Legal

KW Neighborhood: New Town City: KEY WEST Mile Marker: 2 Marathon Neighborhood: N/A Side: Median Flood Zone: AE Alternate Key #: 1046833 Parcel #: 00046250-000000 Zoning: SF - Single Family Deed Restrictions: Unknown Legal: KW KW REALTY CO'S FIRST SUB PB1-43 LOT 5 SQR 11 TR 21 G75-296-297 OR196-442-443 OR368-607-608 OR757-27-28 OR906-1191 OR1 Taxes: 9309.02 Tax Year: 2025 Pub Sewer HkUp: Yes Street #: 2515 Street Name: Staples Street Suffix: Avenue Key/Island: Key West State/Province: FL Zip Code: 33040 County: Monroe Subdivision: New Town - Unlisted (2.0) Area: 03 - Key West

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: No Control Depth: 0 Lot Size: 50 X 100 Lot SqFt: 5000 Pool: No Total Units: 0 Acres: 0.12 SqFt Source: Tax Records Rentals Allowed: With Restrictions Min Rental Days: 28 Style: Duplex Year Built: 1955 Living Apx SqFt: 1752 Total Bedrooms: 5 Full Baths: 3 Total Baths: 3

Remarks & Misc

Remarks – Consumer: Fully renovated duplex offering immediate income and long-term upside in the heart of Mid-Town Key West. This property delivers the flexibility that today's buyer-investors want, offering a primary residence with income, a vacation retreat, or a pure investment opportunity. Live in one unit while generating strong rental income from the other or maximize returns with two income streams. Short-term rentals restricted to 28 days. Unit A features a spacious 3-bedroom, 2-bath layout with a private patio and projected rental income of approximately $5,000/month while Unit B offers a 2-bedroom, 1-bath layout with a private, decked backyard and is currently leased to reliable, long-term tenants at $4,000/month. Extensively updated in 2020-2021 for modernization and reduced maintenance, including hurricane-impact windows, new AC systems, a newer roof and a full replacement of cast iron plumbing with PVC from the home to the street. The HVAC system has been enhanced with clean ductwork and UV light technology for improved air quality. Unit A is fully enclosed with high-quality vinyl fencing, creating privacy and a clean, finished look while Unit B enjoys a fenced backyard complete with decked area. Positioned along Key West's dedicated cross-town bike trail, this centrally located property offers easy access to beaches, dining, and Old Town. Unit B does carry the required 28-day rental licenses. A rare opportunity to secure a move-in-ready, income-producing property in one of Key West's most desirable and accessible locations. Purchase Unit A, 3 bedroom/2 bath for $879,000 (MLS 619603) or Unit B, 2 bedroom/1 bath for $539,000 (MLS 619604) separately (condo docs to be formed/filed). Directions: Easy to access from Roosevelt or Flagler using 7th Street. You would turn left from Roosevelt or right from Flagler. 2515 Staples.

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 Oven: 1 Range: 1 Refrigerator: 1 Washer: 1

Pets

Pets Allowed: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Tile: 1

Property Condition

Updated/Remodeled: 1

Building Style

Above Flood: Unknown Stories: 1 Story

Windows/Doors

Impact Rstnce Doors: 1 Impact Rstnce Window: 1

Construction

CBS: 1

Land Size

Less Than 1/4 Acre: 1

Terms

Cash: 1 Conventional: 1 VA: 1

Utilities

FKAA: 1

Exterior Features

Fencing: 1

Roof

Metal Roof: 1

Financial Status

Standard Sale: Yes

Accessibility Feat

None: 1

Status Change Info

Status: Active

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Updated/Remodeled Utilities: FKAA Appliances: Dishwasher; Dryer; Oven; Range; Refrigerator; Washer Exterior Features: Fencing Accessibility Feat: None Construction: CBS Floor: Tile Roof: Metal Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; VA

Room Information

Kitchen Level: Main Remarks: Kitchen/Dining Combo Living Room Level: Main Bedroom 1 Level: Main Bedroom 2 Level: Main Full Bathroom Bedroom 3 Level: Main Full Bathroom Kitchen Remarks: Kitchen/Dining Combo Living Room Bedroom 1 Bedroom 2 Remarks: Bedroom 5 Full Bathroom
Listing Office: Loffreno Real Estate
Last Updated: May - 05 - 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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