$10,000 Closing Credit¹
#614957, Will Langley, Listing office: Berkshire Hathaway HomeServices Knight & Gardner Realty
$1,650,000 List price
737 Olivia St Key West, FL 33040
$10,000
Closing credit¹
3 beds
3 full
1,860 sqft
0.09 acres
$887 / sqft
Multi-Family
Property details
About 737 Olivia St
Price Reduced, Owner's motivated! 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. The property's strategic location, mere minutes from Duval Street, restaurants, bars, beaches, historical landmarks and waterfront attractions, enhances its appeal as a multi-unit investment. Take the opportunity to explore this property today and envision its myriad possibilities!
Highlights
Home typeMulti Family
StatusAccepting Backup Offers
(Contingent/Show)
(Contingent/Show)
Size1,860 sqft
Lot size0.09 Acres
Year built1979
MLS #612943
Garage1 space
Summary
- Full Bathrooms: 3
- Appliances: Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
- Flooring Type: Laminate
- Total Bedroom Count: 3
- Garage Space: 1 space
- Architectural Style: Multi-Units
- List Price: $1,650,000
- Price/SqFt: $887
- Annual Tax Amount: $7,025
- Tax Year: 2023
- Year Built: 1979
- Living Area: 1,860 SqFt
- Lot Size: 0.09 Acres
- MLS Number: 612943
- MLS Name: KeyWest
- Office Name: Berkshire Hathaway Knight & Gardner
- Office Phone: (305) 294-5155
- Listing Agent: Tammy Stiles
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: 6/5/2025, 11:45:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,650,000
737 Olivia St
$10,000
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 26, 2004 | Home Sold | $800,000 |
| Aug 03, 1999 | Home Sold | $340,000 |
| Jan 08, 1999 | Home Sold | $280,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $893,057 | $7,025 |
| 2022 | $646,315 | $5,921 |
| 2021 | $521,245 | $5,921 |
History based on county public records data.
Nearby schools
6
Poinciana Elementary School
Public District PK-5
2.0 mi
•1407 Kennedy Dr
2
Gerald Adams Elementary School
Public District PK-5
3.7 mi
•5855 College Rd
9
Big Pine Academy
Public Charter PK-5
28.5 mi
•30220 Overseas Hwy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $56,548. Most Key West, FL residents have annual incomes between $35k-100k. 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?
26%
<35k
49%
35k-100k
20%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
76%
Single, No Kids
4%
Single, with Kids
17%
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
53%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
Continuing Education Courses
Hiking/backpacking
Figure Skating
Where do the neighbors shop?
Express/Express For Men
Nordstrom Rack
Chico's
Where do the neighbors go to eat?
Qdoba
Chipotle
Bob Evans
What do the neighbors drive?
Volkswagen
Mazda
Oldsmobile
What do the neighbors listen to?
Urban Contemporary
Rock
News
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
About 737 Olivia St
The listing price of 737 Olivia St property is $1,650,000.
The property 737 Olivia St is a multi located in Key West, Florida, 33040.
Accepting Backup Offers: 737 Olivia St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 737 Olivia St are: Poinciana Elementary School (GreatSchools Rating 6/10), Gerald Adams Elementary School (GreatSchools Rating 2/10), Big Pine Academy (GreatSchools Rating 9/10), May Sands Montessori School (GreatSchools Rating 5/10), Horace O'Bryant School (GreatSchools Rating 3/10), Sigsbee Charter School (GreatSchools Rating 7/10), Monroe Virtual Instruction Program (GreatSchools Rating 2/10), Somerset Island Preparatory (GreatSchools Rating 6/10), Key West High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $7,025 (source: MLS/based on county public records data).
The last sale was on April 26, 2004 for $800,000 (source: MLS/tax record).
The property 737 Olivia St is 1,860 SqFt (source: MLS/tax record).
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 1,860 square foot home, which was built in 1979, sits on a 0.09 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 6, 2025 and is currently priced at $1,650,000.
While more than 2 listings in Key West, FL in May 2025 were sold above asking price, there were more than 5 listings sold at asking price, and more than 34 were sold below. Between April and May 2025, Key West, FL real estate market has seen increase in the number of listings by 2.6%. The median list price of listings available in May 2025 was $1,100,000, while the average time on the real estate market was 101 days.
From Rocket Homes Real Estate and based on county public records data.