$1,199,000
For Sale

618 Ashe Street

Key West, FL 33040
2 beds | 3.00 baths | #612893
Browse 72 photos
Type:Purchase
Structure:House
Zone:Residential

Description

This unique property is a rare triplex in the heart of historic Old Town Key West. The charming front unit has a wide porch nestled behind tropical foliage on a quiet street. An outside staircase on the left leads up to a cozy studio on the second floor, with a treetop view of a mango tree. A walkway on the right leads to the secluded rear cottage, with three doors opening to a wrap-around deck facing a beautiful, tree shaded garden, with room for a pool. The garden unit offers a peaceful retreat, perfect for relaxation and outdoor gatherings. This property is in an elegant, tranquil neighborhood, a fifteen-minute walk (or five-minute bike ride) from the lively, restaurants, galleries, shops and vibrant attractions centered around Duval street, and Mallory Square's world-famous Sunset Celebration. This exceptional triplex is ideal for a large family or an investor seeking multiple units. The property has been rented ''as is'' for many years with month-long or longer leases. For the buyer, there is a great opportunity to multiply the value (and potential revenues) of the property with judicious renovations. Property located in the X flood zone.

  • Property Details
      • SubdivisionOld Town - Unrecord (1.0)
      • Property TypePurchase
      • Cost1199000
      • MLS #612893
      • MLS #612893
      • Bathrooms3.00
      • Year Built1938
      • Bedrooms2
      • Property SubtypeA

Location

Lisa Wiebe | Coldwell Banker Schmitt Real Estate Co.Real Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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