Prime redevelopment opportunity in the coveted upper section of Eagle Avenue, now offered with owner financing. This legal duplex is situated on one of the most desirable blocks in Key West, within a well-established residential neighborhood, presenting a compelling opportunity for investors, builders, or end users looking to create value.The main house is ready for a full renovation, offering a blank canvas to reimagine, customize, or redevelop to maximize returns. A City of Key West build-back letter is already in place, preserving valuable redevelopment rights and helping to streamline the process.For those seeking a larger project, this property can be combined with the adjacent vacant, buildable lot at 3705 Eagle Avenue creating a unique opportunity for expansion or future development.Ideally located near schools, shopping, beaches, and just minutes from Old Town, this is a rare chance to invest, renovate, or rebuild in a premier Key West location.
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) program of the Key West Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. !-->
Key West data last updated at November 7, 2026, 11:34 PM ET !-->
Prime redevelopment opportunity in the coveted upper section of Eagle Avenue, now offered with owner financing. This legal duplex is situated on one of the most desirable blocks in Key West, within a well-established residential neighborhood, presenting a compelling opportunity for investors, builders, or end users looking to create value.The main house is ready for a full renovation, offering a blank canvas to reimagine, customize, or redevelop to maximize returns. A City of Key West build-back letter is already in place, preserving valuable redevelopment rights and helping to streamline the process.For those seeking a larger project, this property can be combined with the adjacent vacant, buildable lot at 3705 Eagle Avenue creating a unique opportunity for expansion or future development.Ideally located near schools, shopping, beaches, and just minutes from Old Town, this is a rare chance to invest, renovate, or rebuild in a premier Key West location.
Property Details
Location Information+
County
Monroe
Neighborhood
New Town
MLS Area
03 - Key West
Latitude
24.565958
Longitude
---
Key/Island
Key West
Subdivision
New Town - Unrecord (3.0)
Interior Features+
Full Baths
2
Appliances
No Appliances
Exterior Features+
Construction
CBS
Roof
Metal Roof
Utilities
Municipal Sewer, Buyer to Verify
Parking Description
Off Street Parking
Has a Pool
No
Lot Size in Acres
---
Lot Size in Sq. Ft.
6,000
Zoning
SF - Single Family
Flood Zone
AE
Waterfront Description
None
Has Waterfront
No
Waterview Description
No Waterview
Additional Information+
Property Type
SFR
Property SubType
Duplex
Year Built
1958
APN
1054305
Status
Active
HOA Fee Includes
None
Pets
Pets Allowed
Tax Year
2025
Tax Amount
$7,580.63
Dock Description
None
Square Feet Source
Property Data Card
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) program of the Key West Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. !-->
Key West data last updated at November 7, 2026, 11:34 PM ET !-->