2322-2324 Seidenberg Avenue, Key West, FL 33040 (MLS# 610098)

2322-2324 Seidenberg Avenue, Key West, FL 33040

$2,100,000

2322 - 2324 Seidenberg Avenue. Strong current income. (4) unit townhouse property with further development potential.

Valuable parking available for 8 - 10 cars.

Center walkway between the two duplexes.

Each of the four 2bdrm / 1 bathroom units have at least 2 assigned parking spaces.

Mature landscaping throughout the property.

Common center walkway to the rear yard currently available to each of the (4) units

20' x 100' rear yard available for future pool/patio development.

Polished Terrazzo floors in each of the units

The living room and each bedroom has an air conditioner & ceiling fan.

Large double door closet in the master bedrm.

Approximate 8' x 16' front porches with open beam ceilings. Can possibly be enclosed to enlarge the living area or add a 2nd bathroom.

Each unit has its own laundry room off the kitchen. Screen door separate entrance.

Side walkway leading from the laundry room to the street side parkint.

Each unit provided with its own washer & dryer. High ceilings offer room for more shelfing for considerable storage.

Large rear yard with a separate access to 6th Street through the Utility Easement.

Notice the large covered front porch & attached laundry room adjacent to the kitchen.

All of the roof screws were replaced and new rubber boots installed around the stack vents.

More roof screws were added to bring the required distance between each one up to the current code.

Property Type: Residential Bedrooms: 8 Baths: 4 Square Footage: 750 Lot Size (sq. ft.): 10,000 Status: Active

Current Price: $2,100,000 List Date: 5/22/2024 Last Modified: 3/30/2026

Overview

Description

Development Opportunity. (4) townhouse unit complex situated on a heavily landscaped 10,000 sq ft parcel. Comprised of (2) side by side duplexes legally subdivided as ( 4 ) individual, 750 sq ft licensed units, with (4) separate legal descriptions, parcel numbers, insurance policies, & utilities meters. At one time, there were four individual loans on each of the units as well. **** The only common area is the roof over each duplex, the shared wall between the units and walkways between, and on either side of each of the (2) duplexes. **** Each unit has its own laundry room addition directly off the kitchens with separate exterior screen doors - - (4) pairs of new washers & dryers. Current below market rents for each 2 bedroom, 1 bathroom unit runs between $2,225 to $2,900 with the lower rents soon to be increased. ***** Always operated as a successful rental property, the units were never sold off, which is definitely the Highest and Best use of the complex. Added value would b ... (Read more)

Listing Details MLS# 610098

Location, Tax & Legal

Street #: 2322-2324
Street Name: Seidenberg
Street Suffix: Avenue
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Key West Realty Cos Sub (3.0)
Area: 03 - Key West
KW Neighborhood: Midtown East
City: KEY WEST
Mile Marker: 3
Marathon Neighborhood: N/A
Side: Median
Flood Zone: AE
Alternate Key #: 1047198
Parcel #: 1047198
Zoning: MDR-1 - Medium Desnity Residential
Deed Restrictions: No
Legal: KW KW REALTY CO'S FIRST SUB PB1-43 PT LOT 11 SQR 13 TR 21 A/K/A UNIT 3 & 1/4 INT IN PARCEL 6 & 1/2 INT IN PARCEL 7 OR27
Taxes: 3690.81
Tax Year: 2023
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Key West Association

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse
Style: Townhouse
Waterfront: No
Pool: No
Year Built: 1963
Total Units: 4
Lot SqFt: 10000
Lot Sqft Source: Property Data Card
Acres: 0.05
Living Apx SqFt: 750
SqFt Source: Property Data Card
Total Bedrooms: 8
Full Baths: 4
Total Baths: 4
Rentals Allowed: Yes
Min Rental Days: 30
Control Depth: 0

Association Info

Mandatory Home Owners Asc: No
Condo Doc's: No
1st Right of Refusal: No
Association Fee $: Yes

Building Style

Above Flood: Unknown
Townhouse: Yes

More Information

Remarks & Misc

Remarks – Consumer: Development Opportunity. (4) townhouse unit complex situated on a heavily landscaped 10,000 sq ft parcel. Comprised of (2) side by side duplexes legally subdivided as ( 4 ) individual, 750 sq ft licensed units, with (4) separate legal descriptions, parcel numbers, insurance policies, & utilities meters. At one time, there were four individual loans on each of the units as well. **** The only common area is the roof over each duplex, the shared wall between the units and walkways between, and on either side of each of the (2) duplexes. **** Each unit has its own laundry room addition directly off the kitchens with separate exterior screen doors - - (4) pairs of new washers & dryers. Current below market rents for each 2 bedroom, 1 bathroom unit runs between $2,225 to $2,900 with the lower rents soon to be increased. ***** Always operated as a successful rental property, the units were never sold off, which is definitely the Highest and Best use of the complex. Added value would be to install a lap pool/ patio area in the 100' wide back yard as a common use amenity. 2nd option - would be to provide a private pool area for each of the rear (2) units, giving each one half of the large rear yard, greatly increasing their sale value. Mature landscaping that has been well maintained surrounds the property and separates the units. Other valuable amenities are the over sized covered front porches with high open beamed ceilings offering additional square footage - and - valuable on site parking for 10 cars. The property has been continually well maintained - painted, new air conditioners, blinds & curtain rods on all windows. All roof screws were replaced & new ones added to code standards. ***** Under ''Documents Tab'', see the survey with legal descriptions for each unit, floor & site plan & aerial photo. (4) Windstorm, Flood, Fire & Liability policies in place. Call for additional information. Realtor owned.
Directions: 2322 & 2324 Seidenberg Avenue - located between 5th & 6th Street. Two blocks off of Flagler Avenue in Mid-Town.

Fee Includes

None: Yes

Dockage

None: Yes

Tax Exemptions

None: Yes

Appliances

Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Pets

No Pets Allowed: Yes

Heating

Hot Water: Yes
Separate Meters: Yes

Waterfront

None: Yes

Waterview

No Waterview: Yes

Floor

Terrazzo: Yes

Interior Features

Smoke Alarms: Yes

Property Condition

Updated/Remodeled: Yes

Specialty Rooms

Laundry Room: Yes

Windows/Doors

Jalousie Windows: Yes

Vehicle Storage

Off Street Parking: Yes

Construction

CBS: Yes
Concrete: Yes

Land Size

Less Than 1/4 Acre: Yes

Furnished

Unfurnished: Yes

Terms

Conventional: Yes

Utilities

Community Swr Plant: Yes
Elect Separate Meter: Yes
FKAA: Yes
Water Separate Meter: Yes

Porch/Balcony

Open Porch/Balcony: Yes

Roof

Metal Roof: Yes

Accessibility Feat

Parking: Yes

Shutters

Panel: Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Updated/Remodeled Building Style: Townhouse Vehicle Storage: Off Street Parking Furnished: Unfurnished Heating: Hot Water; Separate Meters Utilities: Community Swr Plant; Elect Separate Meter; FKAA; Water Separate Meter Interior Features: Smoke Alarms Specialty Rooms: Laundry Room Appliances: Dryer; Range; Refrigerator; Washer Accessibility Feat: Parking Construction: CBS; Concrete Shutters: Panel Floor: Terrazzo Roof: Metal Roof Pets: No Pets Allowed Land Size: Less Than 1/4 Acre Terms: Conventional

Documents

Site Plan ›

Legal descriptions for each unit ›

Floor Plan ›

Aerial Photo of Both Duplexes ›

Elevation Certificates ›

Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Updated: March - 30 - 2026

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

Search