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About This Home
This 7-bedroom, 4-bathroom residential multi family at 1614 Dennis Street in Key West, FL is listed for $1,299,000 ($481 per sqft). Built in 1968, the home offers 2,699 sqft of living space on a 0.12 acres lot.
***BRAND NEW ROOF JUST INSTALLED *** 1614 Dennis St is a rare income-producing triplex offering strong cash flow and flexible use in the heart of Key West. Generating over $130,000 annually in rental income, this well-configured property features three separate units, each with its own washer and dryer, making it highly desirable for long-term tenants and employee housing.
The layout includes two spacious 2-bedroom / 1-bath units and an upstairs 3-bedroom / 2-bath residence, providing multiple rental strategies and value-add potential. A standout feature is parking for up to SEVEN vehicles--a true luxury in Key West and a major draw for tenants.
Large Shed on property with two dedicated spaces that could be converted into a workspace. Ideal for investors seeking steady returns or employers looking for quality workforce housing, this triplex combines strong income, practical design, and exceptional parking in one compelling opportunity. Please note some photos were digitally staged and or altered to protect tenant privacy.
Key Features
- Built in 1968
- 0.12 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$6,947/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1614 Dennis Street
Key West, FL 33040
New Town - Unrecord (3.0)
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Views
Pool Features
Parking
Cooling
Appliances
Questions & Answers
This 7-bedroom, 4-bathroom residential multi family at 1614 Dennis Street is listed at $1,299,000 ($481/sqft). The estimated monthly payment is $5,629 based on 20% down at 6.5% interest.
Key features include: Built in 1968, 0.12 acre lot, 2 stories. Exterior Features: Shed.
This property is listed by Matthew J Sheehan and can be reached at 3058499233 or mattsheehankw@gmail.com.



