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$1,300,000

2007 Flagler Ave Key West, FL 33040

6 beds
5 full
2,102 sqft
0.1 acres
$618 / sqft
Multi-Family

Property details

About 2007 Flagler Ave

Discover a smart investment opportunity and a relaxed lifestyle right in Key West's Midtown. This actively leased duplex is ideally located, just steps from Key West High School and close to beaches, restaurants and postcard-worthy sunsets. With two spacious units, the property generates a robust monthly income of $9000, totaling approximately $108,000 annually.Whether you're an investor looking for strong returns or a buyer dreaming of island living with built-in income, this property delivers exceptional flexibility. Live in one unit and lease the other, or rent out both for maximum cash flow. The interiors are updated, offering generous bedrooms and a flexible layout. Zoned for multi-family use and located on a 5000 sq ft lot, this 2-story duplex is an excellent opportunity for savvy buyers looking for both ROI and tropical tranquility in paradise.

Highlights

Home typeDuplex
StatusActive
Size2,102 sqft
Lot size0.11 Acres
Year built1938
ParkingOff Street
MLS #616010

Summary

  • Full Bathrooms: 5
  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Laminate
  • Total Bedroom Count: 6
  • Parking: Off Street
  • Architectural Style: Duplex
  • List Price: $1,300,000
  • Price/SqFt: $618
  • Annual Tax Amount: $6,778
  • Tax Year: 2023
  • Year Built: 1938
  • Living Area: 2,102 SqFt
  • Lot Size: 0.11 Acres
  • MLS Number: 616010
  • MLS Name: KeyWest
  • Office Name: Keller Williams Key West Compass Realty
  • Office Phone: (305) 292-0020
  • Listing Agent: Stephanie Lynn Wise

The data relating to real estate for sale on this web site comes in part from the IDX Program of Key West Association of REALTORS®, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) 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. Copyright 2025 Key West Association of REALTORS®, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/2/2025, 12:45:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Sep 29, 2020
Home Sold
$699,999
Apr 12, 2013
Home Sold
$350,000

Tax history

YearAssessmentProperty Tax
2023$738,253$6,778
2022$690,220$6,200
2021$560,471$6,200
2020$529,538$5,080
2018$509,089$5,407
2017$446,566$4,916

History based on county public records data.

Nearby schools

6

Poinciana Elementary School

Public District PK-5

1.0 mi

1407 Kennedy Dr

2

Gerald Adams Elementary School

Public District PK-5

2.7 mi

5855 College Rd

9

Big Pine Academy

Public Charter PK-5

27.4 mi

30220 Overseas Hwy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $47,541. The majority of Key West, FL residents have income between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

32%
<35k
58%
35k-100k
9%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

61%
Single, No Kids
10%
Single, with Kids
19%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
4%
12-17 yrs old
27%
18-34 yrs old
51%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Continuing Education CoursesContinuing Education Courses
  • SoccerSoccer
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • QdobaQdoba
  • Dominos PizzaDominos Pizza
  • PopeyesPopeyes

What do the neighbors drive?

  • VolkswagenVolkswagen
  • MazdaMazda
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2007 Flagler Ave

The listing price of 2007 Flagler Ave property is $1,300,000.

The property 2007 Flagler Ave is a multi located in Key West, Florida, 33040.

Active Listing: 2007 Flagler Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2007 Flagler Ave are: Poinciana Elementary School (GreatSchools Rating 6/10), Gerald Adams Elementary School (GreatSchools Rating 2/10), Big Pine Academy (GreatSchools Rating 9/10), Horace O'Bryant School (GreatSchools Rating 3/10), May Sands Montessori School (GreatSchools Rating 5/10), Sigsbee Charter School (GreatSchools Rating 7/10), Somerset Island Preparatory (GreatSchools Rating 6/10), Key West High School (GreatSchools Rating 5/10), Monroe Virtual Instruction Program (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $6,778 (source: MLS/based on county public records data).

The last sale was on September 29, 2020 for $699,999 (source: MLS/tax record).

The property 2007 Flagler Ave is 2,102 SqFt (source: MLS/tax record).

The year of construction for 2007 Flagler Ave is 1938.

This home is located at 2007 Flagler Ave in Key West, FL and zip code 33040. This 2,102 square foot home, which was built in 1938, sits on a 0.11 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since August 1, 2025 and is currently priced at $1,300,000.

While more than 1 listings in Key West, FL in July 2025 were sold above asking price, there were more than 7 listings sold at asking price, and more than 27 were sold below. In July 2025 in Key West, FL there were 4.9% more homes for sale than in June. In July 2025, listings were on the market for 137 days. During the same period, the median list price in this real estate market was $1,100,000.

From Rocket Homes Real Estate and based on county public records data.

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