This triplex is situated in a prime area of Old Town, just three blocks away from Duval Street. It presents an attractive investment opportunity with its three separate units, offering potential for rental income, extended family stays, or versatile usage. Constructed from concrete blocks in 1979, this property's main unit is currently occupied by the owners, who benefit from consistent rental earnings from the other two units, frequented by repeat monthly guests. Unit A comprises two bedrooms and one bath, spanning 768 sq. ft., while Units B and C are one-bedroom, one-bath units with 528 and 564 sq. ft. each. Each unit features its own laundry facilities and a private outdoor patio area perfect for relaxation. Additional conveniences include on-site parking and storage.
Property Details
Property Features
Property Information:
Architectural Style: Detached, One Story
Year Built: 1979
Stories: 1
Listing Office:
Office Name: Langley Knight Gardner Islamorada
Office Phone: (305) 664-4444
Listing Agent: Benton Langley
Interior Features
Interior Information:
Appliances: Oven, Dryer, Electric Range, Disposal, Microwave, Refrigerator, Washer
Flooring Type: Laminate, Tile, Wood
Interior: Bedroom on Main Level, First Floor Entry
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$8,946
Per Month
Principal & Interest
$8,879
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$5,400
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Poinciana Elementary School
1407 Kennedy Dr
Distance between this listing and this school2.01 miles
Public District Grades PK-5
4
/10
Gerald Adams Elementary School
5855 College Rd
Distance between this listing and this school3.69 miles
Public District Grades PK-5
5
/10
Big Pine Academy
30220 Overseas Hwy
Distance between this listing and this school28.51 miles
Public Charter Grades PK-5
Nearby Schools
3
/10
Horace O'Bryant School
1105 Leon St
Distance between this listing and this school0.62 miles
Public District Grades PK-8
8
/10
Sigsbee Charter School
939 Felton Rd
Distance between this listing and this school2.22 miles
Public Charter Grades KG-8
6
/10
Sugarloaf School
255 Crane Blvd
Distance between this listing and this school18.24 miles
Public District Grades PK-8
Nearby Schools
2
/10
Monroe Virtual Instruction Program
241 Trumbo Rd
Distance between this listing and this school0.63 miles
Public District Grades KG-12
4
/10
Somerset Island Preparatory
1908 Flagler Ave
Distance between this listing and this school1.07 miles
Public Charter Grades 9-12
5
/10
Key West High School
2100 Flagler Ave
Distance between this listing and this school1.23 miles
The neighbors living near this home have an average income of $56,548. Typical income of Key West, FL residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 737 Olivia St
What is the listing price of this property?
The listing price of 737 Olivia St property is $1,779,000.
What type of property is this?
The property 737 Olivia St is a house located in Key West, Florida, 33040.
Is this property for sale now?
Active Listing: 737 Olivia St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $3,338 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 737 Olivia St has 4 bedrooms and 3 bathrooms.
Which year was this property built?
The year of construction for 737 Olivia St is 1979.
This home is located at 737 Olivia St in Key West, FL and zip code 33040. This home was built in 1979. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 03, 2024 and is currently priced at $1,779,000.
In October 2024 in Key West, FL there were 5.3% less homes for sale than in September 2024. The median list price of listings available in October 2024 was $1,199,000, while the average time on the real estate market was 280 days.
From Rocket Homes Real Estate and based on county public records data.