Listing Courtesy of: 3054324848 - Terri Spottswood - Truman & Co. (KW) 305-292-2244
$1,399,000 affordable loan icon Calculate Payment

1224 Flagler Avenue Key West, FL 33040

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Multi-Family Residence
5 Beds
4 Baths
2,146 Sq. Ft.
0.14 Acre Lot

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Last updated on 12/5/2025 10:19 PM
Step onto the grounds of 1224 Flagler Avenue and discover a versatile property brimming with possibility. This legal duplex with an additional private mother in-law suite offers flexible living arrangements and exceptional rental income potential. It's an ideal opportunity for investors, multi-gener...ational households or anyone seeking both comfort and return. Unit B, on the right, is a stylishly updated 2 bed/1bath home featuring new flooring, a renovated kitchen with stainless steel appliances, and its own washer and dryer. Offered fully furnished and turnkey, it opens to a charming shared backyard perfect for outdoor dining, lounging, or enjoying the Key West breeze. Tucked into the back corner is the separate 1 bed/1bath mother-in-law suite, complete with its own entrance. Whether used for guests, extended family, or additional rental income, this private space adds valuable versatility. On the left, Unit A offers a comfortable 2 bed/2 bath layout with tile floors throughout, a functional kitchen with island seating, glass doors leading to a private fenced backyard, and its own washer and dryer. With a light refresh, it can easily transform into a delightful long-term residence or sought-after rental. Fully fenced along the back and side yard, the property feels tucked away yet remains moments from beaches, shops, schools, and all the charm of Old Town. Blending flexibility, strong income potential, and space to customize, 1224 Flagler Avenue is a rare Key West find perfectly suited to meet your needs while generating multiple revenue streams. **For those seeking even more opportunity, this property may be purchased together with the large home directly behind it at 1217 Johnson Street at a discounted combined price. Continue reading
MLS#
617518
Property Type
Multi-Family
Bedrooms
5
Bathrooms
4 Full
Year Built
1958
Square Feet
2,146 sq. ft
Lot Size
0.14
Sewer
Sewer Connected

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Listing Courtesy of: 3054324848 - Terri Spottswood - Truman & Co. (KW) 305-292-2244

Andrea Conner, License #BK3437731, Xome Inc., License #1043756, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Florida Keys Board of Realtors® Florida Keys MLS, Inc. Real Estate listings held by brokerage firms other than the owner of this site are marked with the MLS logo and detailed information about them includes the name of the listing broker's office. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate.

This content last refreshed on 12/5/2025 10:19 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.