Key West Homes with Fixer Property Condition

Key West Homes with Fixer Property Condition

Welcome to Key West, Florida—a tropical paradise that beckons with its vibrant culture, stunning sunsets, and laid-back lifestyle. Nestled in Monroe County, this enchanting island city is known for its rich history, charming architecture, and a lively arts scene that attracts visitors and residents alike. With its unique blend of Caribbean and American influences, Key West offers a delightful experience filled with colorful streets, delicious seafood, and an array of water sports, making it a haven for both relaxation and adventure.

For those looking to invest in the Key West real estate market, homes with fixer-upper potential present an exciting opportunity. Whether you’re a seasoned renovator or a first-time buyer looking to create your dream home, these properties allow you to infuse your personal style while capitalizing on the island’s growing appeal. Imagine transforming a quaint cottage into a coastal retreat, or revitalizing a historic home to preserve its charm while adding modern amenities.

Key West's real estate landscape is as diverse as its residents, with fixer-upper homes scattered throughout the island. From quaint bungalows to larger family residences, the possibilities are endless. With the right vision and creativity, you can breathe new life into these properties and enjoy the benefits of living in one of the most desirable locations in Florida.

Embrace the opportunity to create your perfect island sanctuary in Key West, where the sun shines bright, and the ocean breeze whispers tales of adventure. Your dream home awaits!

Newest Key West Homes with Fixer Property Condition

$999,000
3 Beds ⋅ 2 Baths ⋅ 620987 MLS
Charming Historic Old Town Key West Home, Ready for Its Next Chapter! Here's an opportunity for the buyer who sees possibility where others see a project. This 3-bedroom, 1.5-bath historic Key West home is tucked into the heart of Old Town, just minutes from the Historic Seaport, downtown, restaurants, shopping, and everything that makes island living so special. With classic Key West architecture, a welcoming front porch, hardwood floors, vintage windows, and plenty of original character, the home offers a wonderful starting point for a thoughtful renovation. The interior has been freshly painted, but this is a property that will require renovation and is best suited for a buyer ready to take on a true restoration project. Currently tenant occupied, the property also offers the advantage of existing rental income while a new owner makes plans, lines up contractors, or prepares for a future renovation or move-in. The existing floor plan includes generous living space, three bedrooms, a full bath downstairs, a half bath upstairs, and a private backyard with the potential to become a lush tropical retreat. For the right buyer, the appeal is undeniable: an authentic Old Town home, a highly desirable location, existing income, and the opportunity to restore, reimagine, and create something truly special. Bring your contractor, your creativity, and your vision. This one isn't pretending to be turnkey, but it just might be worth the work. *some photos digitally enhanced only to remove personal belongings

506 Grinnell St, Key West
$995,000
3 Beds ⋅ 3 Baths ⋅ 620923 MLS
Get excited about this mid-town oasis. Behind the fence is a charming three-bedroom three bath residence with beautiful grounds, off-street parking, newer roof, impact glass windows and doors, central and ductless air conditioning, storage shed, and much more. The huge kitchen, dining and living rooms are unique. The third bedroom has a separate entrance with private outdoor space, perfect for roommates or mothter-in-law suite. Come see today and make this beautiful property your new home or entry-level investment in Key West.

2309 Patterson Ave, Key West
$4,750,000
7 Beds ⋅ 5 Baths ⋅ 620661 MLS
TRANSIENT LICENSE TRANSFER RECEIVER ZONE!!!! A rare opportunity to own one of Key West's most captivating waterfront properties, where history, character, and endless potential come together. Nestled along the historic Trumbo Point waterfront, this remarkable estate has remained in the same family for generations and reflects a rich connection to one of the island's most significant maritime neighborhoods. Thought to have origins dating back to the early 20th century, the property showcases timeless Old Key West charm while offering the space and flexibility rarely found today. The main residence is complemented by a separate guest cottage on an oversized waterfront parcel, creating endless possibilities for multigenerational living, a private family compound, or an exceptional investment opportunity. Located in an area once shaped by the island's cigar industry, railroad expansion, and later the development of the Naval Air Station and Coast Guard facilities, this home sits within a neighborhood that tells the story of Key West's evolution through more than a century of history. From the moment you arrive, you'll appreciate the mature tropical landscape, water access, and the feeling of stepping into a piece of Old Key West. Whether you choose to preserve its historic character, thoughtfully enhance the existing structures, or create your own legacy estate, opportunities like this are exceptionally rare. Waterfront properties with this combination of history, location, size, and family ownership seldom become available. 901 Eisenhower Drive is more than a home--it's an opportunity to own a meaningful piece of Key West's past while creating its next chapter.

901 Eisenhower Dr, Key West
$992,000
3 Beds ⋅ 2 Baths ⋅ 620547 MLS
Old Town 'Diamond in the Rough' near Bay View Park with the highly coveted Off-Street parking. Unique opportunity to acquire a corner lot of over 4,500 sq ft in quiet Old Town neighborhood. Good amount of yard space. No active or expired building permits or code cases. Being sold As-Is with no repair & no clean up. Does have an existing fiberglass pool surrounded by a wooden deck. There is an existing concrete pad behind a double fence that could provide secured off street parking. Side yard is 37 Ft from side of house to fence and 49 Ft wide. Back yard with pool and deck is 27 X 27. Lots of potential. Major renovation project. Probably needs cash buyer. Contract requires court approval due to guardianship. Proof of funds must accompany offer. Create your island oasis at 1119 Florida St.

1119 Florida St, Key West
$895,000
4 Beds ⋅ 2 Baths ⋅ 620315 MLS
This large home on an extra large 6300 sf corner lot is an excellent opportunity for a renovation project. The main home is just under 1600 sf and consists of 4 bedrooms and 2 bathrooms and there is also a good sized detached structure of almost 200 sf that could be turned in to, among other ideas, an extra bedroom, artist's studio or pool cabana. The home had the roof replaced in 2014 and has storm shutters. There are terrazzo floors. The extra large lot has sour orange, Spanish lime and banana trees, off street parking and plenty of room for a pool.

3746 Paula Ave, Key West
$760,000
2 Beds ⋅ 2 Baths ⋅ 619590 MLS
Substantial price improvement. Motivated seller. This well-maintained 2-bedroom condo has just hit the market and is truly priced to sell. Offered turnkey and newly furnished in 2017, the unit features a bright, inviting living space with a tiled main living area and two generously sized bedrooms. The primary suite includes its own ensuite bath for added comfort and privacy. A standout feature is the spacious balcony that spans the full length of the unit--perfect for relaxing or entertaining--with direct access from both bedrooms and the living room. The kitchen and bathrooms retain their original finishes, offering a fantastic opportunity to customize and upgrade to your personal style. The condo includes a full-size, fully equipped kitchen, in-unit washer and dryer, and high-speed wireless internet for modern convenience. You'll also enjoy one assigned covered garage parking space along with a private storage area conveniently located just in front of it. This desirable waterfront complex offers resort-style amenities, including a stunning Olympic-size heated pool, relaxing jacuzzi, well-equipped fitness center, and beautifully landscaped botanical gardens. Tennis lovers will appreciate three lighted courts, including a clay court. Additional perks include visitor parking and on-site security. Ideally situated next to Smathers Beach on the Atlantic side of Key West, 1800 Atlantic is just two miles from downtown and Mallory Square. Whether you're seeking a full-time residence, an investment property, or a winter retreat, this is an exceptional opportunity to own in one of Key West's most sought-after communities.

1800 Atlantic Blvd Unit C223, Key West
$825,000
2 Beds ⋅ 2 Baths ⋅ 619418 MLS
Prime redevelopment opportunity in the coveted upper section of Eagle Avenue, now offered with owner financing. This legal duplex is situated on one of the most desirable blocks in Key West, within a well-established residential neighborhood, presenting a compelling opportunity for investors, builders, or end users looking to create value. The main house is ready for a full renovation, offering a blank canvas to reimagine, customize, or redevelop to maximize returns. A City of Key West build-back letter is already in place, preserving valuable redevelopment rights and helping to streamline the process. For those seeking a larger project, this property can be combined with the adjacent vacant, buildable lot at 3705 Eagle Avenue creating a unique opportunity for expansion or future development. Ideally located near schools, shopping, beaches, and just minutes from Old Town, this is a rare chance to invest, renovate, or rebuild in a premier Key West location.

3711 Eagle Ave, Key West
$765,000
2 Beds ⋅ 1 Baths ⋅ 611075 MLS
Location, Location, Location! A renovation project that will increase the value of your investment exponentially! This home is located between the Southernmost Point and the Hemingway House in the world-renowned City of Key West Florida. Besides the excellent location, this home has concrete fences, a concrete gated entry from Whitehead Street, a nice sized rear deck/patio, front sitting/garden area, side walkways and plenty of room to add your favorite things to the yard spaces. An outside shower finishes off the exterior, a Key West ''must''. The interior has the sought after Dade County Pine on the walls, extremely high ceilings, and a large loft where you can stand up at the center. This home has everything you may want in a renovation project, not too big, not too small, just bring your ideas, toolbox and a paint can. Let's get to work on this home before the rest of the world finds out about it! Easy to see.

1102 Whitehead St, Key West
$2,790,000
3 Beds ⋅ 3 Baths ⋅ 616089 MLS
Unique and extraordinary triple (3) lot property located in Old Town, Key West! Currently featuring a two-story home with 2 bedrooms and 2 bathrooms, and an in-ground pool. In addition, there is a detached studio/cottage, with each separately fenced from one another. On the third lot is a garage. Come and explore these three (3) contiguous, separate lots that all have the City of Key West's, Building Permit Allocation System (BPAS). Total lot SQ FT is 11,968. If you're seeking an opportunity to either build/renovate your future home, or a lucrative development opportunity, or simply to own one of Key West's most unique properties, look no further! It's time to make the move! Come to 1405/1409 United and see that it has the best of all the locations that Key West has to offer. Walking to all the amenities that Key West has, but far enough away from all the noise of the downtown. Plenty of room to make your own mark here. Location, Location, Location is this property. Call today for your private showing!

1405-1409 United St, Key West
$949,000
3 Beds ⋅ 3 Baths ⋅ 618708 MLS
Unique opportunity to renovate this historic Old Town eyebrow home on a quiet, one-way, block of Elizabeth Street. Situated on a 3038 Sq.ft. lot there is ample space for off-street parking, a pool and 5 bedrooms with a renovation. Please note that advanced notice is required to arrange showings.

818 Elizabeth St Unit Front, Key West
$1,474,000
3 Beds ⋅ 3 Baths ⋅ 617589 MLS
POOL & POOL HOUSE COMPLETED! Opportunity awaits to create your perfect midtown home. This property consists of a partially updated main home totaling 1233 sq ft with 2bd/2ba and a bonus room. A newly constructed elevated 256 sq ft guesthouse with a kitchenette and bathroom. Professional landscaping, pavers and low maintenance artificial grass lead to the brand new heated pool. Irrigation and landscape lighting installed. Main house needs some renovations throughout but has been partially updated and is perfectly livable. Must see!!

1505 Johnson St, Key West
$1,875,000
4 Beds ⋅ 2 Baths ⋅ 618211 MLS
This rare Key West treasure hasn't changed hands in over a century, and it sits on the most coveted block in Old Town. A true time capsule waiting to be revived, it's the last of its kind not yet renovated--so you won't be buying someone else's overpriced remodel. Bring your imagination and restore this home to its original, sun-soaked beauty. There's not another lot like it in Old Town. The nearly 5,000-square-foot lot stretches from Fleming Street to Stickeny Lane, offering ample off-street parking and a golden opportunity to expand your tropical living dreams. Nestled in the heart of Old Town, 1115 is just blocks from the historic Seaport and a stone's throw from the city's famous restaurants and nightlife. Early 1900s Sanborn maps even hint at an additional house on the property that may be rebuilt with city permissions (buyers to verify). The home still contains generous pockets of its original Dade County pine, along with historic windows and double balconies that invite sea breezes and sunset cocktails. Currently a legal duplex, each side offers 2 bedrooms and 1 bath. You can keep the duplex as-is, or transform it into a stunning single-family residence in the most sought-after neighborhood in all of Key West.

1115 Fleming St, Key West
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