$1,199,000

618 Ashe St Key West, FL 33040

$10,000
Closing credit¹
2 beds
3 full
1,323 sqft
0.07 acres
$906 / sqft
Multi-Family

Property details

About 618 Ashe St

This unique property is a rare multi unit in the heart of historic Old Town Key West. The charming front area has a wide porch nestled behind tropical foliage on a quiet street. An outside staircase on the left leads up to a cozy space on the second floor, with a treetop view of a mango tree. A walkway on the right leads to the secluded rear space, with three doors opening to a wrap-around deck facing a beautiful, tree shaded garden, with room for a pool. The garden space offers a peaceful retreat, perfect for relaxation and outdoor gatherings. This property is in an elegant, tranquil neighborhood, a fifteen-minute walk (or five-minute bike ride) from the lively, restaurants, galleries, shops and vibrant attractions centered around Duval street, and Mallory Square's world-famous Sunset Celebration. This exceptional multi unit is ideal for a large family or an investor seeking multiple units. The property has been rented ''as is'' for many years with month-long or longer leases. For the buyer, there is a great opportunity to multiply the value (and potential revenues) of the property with judicious renovations. Property located in the X flood zone.

Highlights

Home typeMulti Family
StatusActive
CoolingCeiling Fan(s), Wall/Window Unit(s)
Size1,323 sqft
Lot size0.07 Acres
Year built1938
MLS #612893

Summary

  • MLS Number: 612893
  • MLS Name: Marathon
  • Office Name: Coldwell Banker Schmitt Real Estate Co. (KW)
  • Office Phone: (305) 296-7727

IDXInformation is deemed to be reliable, but is not guaranteed. © 2025 MLS. Based on information from the Marathon and Lower Keys Association of REALTORS®. The information on this sheet has been made available by the MLS and may not be the listing of the provider. All properties are subject to prior sale, change or withdrawal. The information being provided is 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. IDX data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 1:15:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$1,199,000

618 Ashe St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 14, 2000
Home Sold
$315,000
Nov 14, 1997
Home Sold
$126,500

Tax history

YearAssessmentProperty Tax
2023$1,042,747$7,542
2022$837,668$6,533
2021$652,472$6,533
2020$493,417$5,250
2018$407,783$5,292
2017$647,771$5,150

History based on county public records data.

Nearby schools

6

Poinciana Elementary School

Public District PK-5

1.8 mi

1407 Kennedy Dr

2

Gerald Adams Elementary School

Public District PK-5

3.4 mi

5855 College Rd

9

Big Pine Academy

Public Charter PK-5

28.3 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 $69,729. Residents of Key West, FL typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

21%
<35k
45%
35k-100k
28%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

74%
Single, No Kids
4%
Single, with Kids
19%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

4%
<11 yrs old
1%
12-17 yrs old
23%
18-34 yrs old
56%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Continuing Education CoursesContinuing Education Courses
  • Symphony or OperaSymphony or Opera
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Chico'sChico's
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • QdobaQdoba
  • Boston MarketBoston Market
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • VolkswagenVolkswagen
  • VolvoVolvo
  • LincolnLincoln

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Talk/PersonalityTalk/Personality
  • ClassicalClassical
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 618 Ashe St in Key West, FL and zip code 33040. This 1,323 square foot home, which was built in 1938, sits on a 0.07 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 20, 2025 and is currently priced at $1,199,000.

In January 2025 in Key West, FL there were 50% more homes for sale than in December. Listings spent 262 days on the market in January 2025, and had a median list price of $1,170,000 during the same period.

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

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