1501 Truman Avenue, KEY WEST, Florida 33040 (MLS# 601346)

This is a fantastic investment opportunity in the sought-after and quiet neighborhood The Meadows in Key West. With a gross income close to $800,000.00 generated in the last 2 years, this property has proven to be a reliable source of revenue. The real draw is the 3 transient licenses which allow for daily and nightly rentals, making it a prime location in one of the most desirable destination in the country. The shared indoor courtyard with a swimming pool adds to the appeal for guests. The property is a multiplex with 4 units each boasting a kitchen, living room, bedroom and bathroom. The 4th unit is rented at 3k a month on a yearly lease and the income is included in the total revenue.Recently renovated in 2018, the units feature dade county pine, engineered wood flooring, granite countertops, new kitchen cabinets, new appliances, new plumbing and new electrical making it move in ready for guests.Contact us today to schedule a viewing and take the first step towards owning a piece of paradise.