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Home For Sale
1224 Flagler Avenue
Key West, Florida 33040
Monroe County Water View: YesCommunity: East Martello Towers (2)
$1,399,000
5 br, 4.0 bath
2146 sq. ft.
0.140 acres
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-generational 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.
Interior:
- Bedrooms: 5
- Baths: 4.0
- Sq Ft: 2146
- Year Built: 1958
- Utilities:
- Fireplaces:
- Stories:
- Heat/AC:
- Garage:
Exterior:
- Lot Size: 0.140 acre
- Lot Dimensions:
- View Types: Water
- Yard:
- Siding:
- Roof: Metal
- Property Taxes: $10,618
- MLS #: 617518
Contact Information:
Listing Agent: Terri Spottswood, Truman & Co. Real Estate Services, 305-587-3407, 305-292-2244
Listing Site, Listing Status: Active
Copyright © 2025 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2025 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6914557
Viewed 3 times.
Updated: Dec 02, 2025

