1500 Patricia Street

Description

SIGNIFICANT PRICE IMPROVEMENT! RARE chance to own a 2240sf, LEGAL DUPLEX in Midtown West 2 blocks from beach! Large corner lot with a 5 min walk to White Street Pier, Higgs Beach & waterfront dining at Salute! Other neighborhood features include playgrounds, public workout trail, tennis and bocce courts, dog park and the dazzling beauty of the West Martello gardens. Enjoy the peace and quiet of Midtown West with Duval St dining and entertainment less than a mile away! This is a gem of a neighborhood. Loved by the same family for almost 30 yrs, home has had significant updating. Gorgeous terrazzo tile throughout 1st floor was refurbished - a stunning feature beautifully showcasing the charm of mid-century Florida design. Unit 1 offers 3 bedrooms and 2 full baths (1518 sf). Front LR and central kitchen and dining flow seamlessly into the rear family room, exiting onto back porch. Both baths were gutted to studs this Jan. and are fresh and modern. The upstairs unit is 722 sf and offers a gorgeous open floorplan, 1 bedroom, 1 bath and separate laundry. Unit was completely remodeled in 2021 and is an active monthly vaca rental. Both spaces have covered back porches that look out onto a spacious backyard with lovely native plantings. PLENTY of room for a pool and easy access for construction. BOTH units hold city non-transient monthly licenses, which offers many options for use. Live in one unit/ rent the other, rent both, or use as single family with upstairs space for family & friends. LOW flood insurance policy is assumable (see attached doc)This special home holds dear many years of island memories. It's now ready for new owners to enjoy & make their own. A fantastic option for the buyer who values a large home and lot with great flexibility for use and opportunities to increase value with additional amenities. Opportunities abound in one of the sweetest neighborhoods that Key West has to offer. Home is priced to sell, an investment opportunity not to be missed