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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.

Agent Description

***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

2 stories
4 full
1968

Amenities

ViewA/C

Monthly Cost Estimate

$6,947/mo

20% down · 6.5% · 30 years

Principal$939
Interest$5,629
Insurance$379

Estimates only. Actual payments may vary.

Location

1614 Dennis Street

Key West, FL 33040

New Town - Unrecord (3.0)

Features & Amenities

Exterior Features

Shed

Property Details

Flooring

TileComboVinyl

Construction

CBS Frame Combo Construction

Views

Water

Pool Features

PorchDeck

Parking

CarportGuestOff Street

Cooling

Central Air

Appliances

WasherDryerDishwasherRefrigeratorRange

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.

MS

Matthew J Sheehan

Agent at Ocean Sotheby's International Realty

(305) 849-9233

Listed by Ocean Sotheby's International Realty · View on Broker Site

MLS# 618151· Source: listhub· Updated 136 days ago

Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1614 Dennis Street, Key West, FL 33040

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