2503 Fogarty Avenue

Key West, FL 33040

About this property

The Perfect Key West Investment Retreat. This Keys home is an incredible investment opportunity with historical gross annual rental income of $88,200 and potential CAP rate of 7% - a return you will not find often!! This is currently a multi-family home with two separate meters, two full kitchens, but with many options for income and personal use...perfect for customizing to your unique goals and personal plans for your Keys homeownership. Perfect opportunities for both long-term (annual) rental, monthly vacation rental, and owner occupation amongst the three units. The property includes a sunny private pool, a vast, fully-fenced yard with mature landscaping. Plenty of available parking out front and ample space throughout the fully fenced property for your improvements.

Date Added
May 15, 2020
Listing Status
Active
Days On Site
48
MLS#
590892

Features and Additional Information

Lot Size
4,792 SqFt
Acreage
0.11
Property Type
Residential
Style
Detachd
Sub-Type
Resale
Year
1943
Garage
0
Pool
Yes
Story(s)
1 Story
Property View
No
Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$969,000 Active
5 Beds
3fb Baths
1,900 SQFT

Presented By Jessica Abarca

Agent Image
Get in touch today! Phone: (305) 289-6639
Brokerage
Islamorada
(305) 664-4470
Curious to find out what your home is worth?
Get My Home's Worth arrow_forward

Area Information

Key West | Monroe County | Key West Realty Cos Sub (3.0)

$ 969,000
This listing is play_arrow 38.6% higher than the average in the area
$ 699,000 in the area
1,900 SqFt
This listing is play_arrow 124.5% larger than the average in the area
847 SqFt in the area
$ 510 $/SqFt
This listing is play_arrow 40.3% less than the average in the area
$ 854 $/SqFt in the area
48 days on site
This listing is play_arrow 14.3% below the average in the area
56 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
  • turned_in
    Middle School
  • turned_in
    High School

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Jessica