Invest in Key West with this legal Duplex which can be easily converted to a single family home! Step into a piece of Key West history with this light-filled historic home in the heart of Old Town. Blending old-world charm with modern updates, this property offers easy living and generates income. Whether you're looking for a smart investment, a vacation getaway, or a new primary residence, this property is ready for you. Live in one unit and rent the other, or enjoy the entire home for yourself! There is an interior staircase to enter the upstairs unit.Each spacious level features 2 bedrooms, 1 bathroom, a full kitchen with stainless steel appliances, laundry, and an open-concept living/kitchen/dining area. The lower unit opens to a deck and pool--perfect for relaxing and entertaining. The upper unit is currently rented. It boasts abundant natural light and a large wraparound porch, ideal for enjoying the tropical surroundings. Located in a prime spot close to the Old Seaport, top restaurants, and bars, but in a quieter neighborhood, this home is your ticket to island living in paradise!
For sale
Price cut: $50K (3/30)
$1,650,000
1022 Fleming St, Key West, FL 33040
4beds
2,016sqft
Est.:
Duplex, Single Family Residence
Built in 1928
-- sqft lot
$1,575,800 Zestimate®
$818/sqft
$-- HOA
What's special
Large wraparound porchLight-filled historic homeAbundant natural lightInterior staircaseSpacious level
- 210 days |
- 1,404 |
- 35 |
Zillow last checked: 7 hours ago
Listing updated: March 30, 2026 at 09:10am
Listed by:
Ellen Gvili 305-304-2933,
Ocean Sotheby's International Realty,
Marc Ulanowski 815-861-3559,
Equestrian Sotheby's International Realty
Source: FLKMLS,MLS#: 616423
Originating MLS: Key West Association
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Ductless
Cooling
- Ceiling Fans(s), Ductless
Appliances
- Included: Washer, Stainless Steel Appliance(s), Oven, Range, Refrigerator, Dryer
Features
- Built-in Cabinets, Sound System
- Flooring: Tile, Combination, Wood
- Doors: French Doors
- Windows: Drapes/Blinds Incl, Double Hung Windows, Wood Frames, Panel
Interior area
- Total interior livable area: 2,016 sqft
Video & virtual tour
Property
Accessibility
- Accessibility features: No
Features
- Levels: Two
- Stories: 2
- Patio & porch: Open Porch/Balcony, Deck
- Has private pool: Yes
- Pool features: In Ground, Concrete
- Fencing: Fenced
- Water view: None
- Waterfront features: None, Dockage: None
Lot
- Size: 2,613.6 Square Feet
- Features: Less Than 1/4 Acre
Details
- Parcel number: 00007340000000
- Zoning: HMDR
- Zoning description: Historic Medium Density Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Single Family Residence
- Attached to another structure: Yes
Materials
- Frame
- Roof: Metal
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1928
Utilities & green energy
- Electric: Elect Separate Meter
- Sewer: Public Sewer
- Water: Water Separate Meter
- Utilities for property: FKAA, Cable Connected
Community & HOA
Community
- Features: Bike Paths
- Security: Smoke Detector(s), Building Security, On Premises System
- Subdivision: Old Town - Unlisted (1.0)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Key West
Financial & listing details
- Price per square foot: $818/sqft
- Tax assessed value: $1,656,783
- Annual tax amount: $14,546
- Date on market: 9/9/2025
- Listing terms: Cash,Conventional
Estimated market value
$1,575,800
$1.50M - $1.65M
$5,515/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/30/2026 | Price change | $1,650,000-2.9%$818/sqft |
Source: | ||
| 3/19/2026 | Price change | $1,700,000-2.9%$843/sqft |
Source: | ||
| 2/24/2026 | Price change | $1,750,000-5.4%$868/sqft |
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| 2/17/2026 | Price change | $1,850,000-7.5%$918/sqft |
Source: | ||
| 10/31/2025 | Price change | $1,999,990-2.4%$992/sqft |
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| 10/21/2025 | Price change | $2,050,000-2.4%$1,017/sqft |
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| 9/9/2025 | Listed for sale | $2,100,000$1,042/sqft |
Source: | ||
| 9/6/2025 | Listing removed | $2,100,000$1,042/sqft |
Source: | ||
| 7/16/2025 | Price change | $2,100,000-2.3%$1,042/sqft |
Source: | ||
| 4/18/2025 | Price change | $2,150,000-5.9%$1,066/sqft |
Source: | ||
| 2/2/2025 | Price change | $2,285,000-4.8%$1,133/sqft |
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| 9/13/2024 | Listed for sale | $2,399,000+59.9%$1,190/sqft |
Source: | ||
| 9/13/2024 | Listing removed | $4,700$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/21/2024 | Price change | $4,700-2.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/7/2024 | Price change | $4,800-4%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/23/2024 | Price change | $5,000-2%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/1/2024 | Price change | $5,100-1.9%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/18/2024 | Price change | $5,200-1%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/30/2024 | Price change | $5,250-4.5%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/24/2024 | Price change | $5,500-5.2%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/5/2024 | Listed for rent | $5,800+5.5%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/3/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/11/2023 | Listed for rent | $5,500$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/9/2021 | Sold | $1,500,500+30.5%$744/sqft |
Source: | ||
| 8/2/2019 | Sold | $1,150,000+15%$570/sqft |
Source: | ||
| 7/24/2015 | Sold | $1,000,000$496/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,756 +1.4% | $1,656,783 +0.4% |
| 2024 | $14,547 +4% | $1,650,209 +5.7% |
| 2023 | $13,991 +14% | $1,561,596 +13.3% |
| 2022 | $12,269 +28.7% | $1,378,368 +39% |
| 2021 | $9,536 +3.4% | $991,277 +3.3% |
| 2020 | $9,224 | $959,522 +7.3% |
| 2019 | $9,224 +5.8% | $893,930 -16.9% |
| 2018 | $8,717 -17% | $1,075,130 -0.7% |
| 2017 | $10,508 -2.3% | $1,083,212 +6.9% |
| 2016 | $10,757 +0.9% | $1,012,946 +228.4% |
| 2015 | $10,657 | $308,447 |
Find assessor info on the county website
Monthly payment
Est. payment
$9,355/mo
Principal & interest
$8228
Property taxes
$1127
More affordability tools
Climate risks
Neighborhood: Old Town
Nearby schools
GreatSchools rating
- 4/10Gerald Adams Elementary SchoolGrades: PK-5Distance: 3.5 mi
- NAMonroe Virtual FranchiseGrades: K,2-3,5-12Distance: 0.3 mi
- 3/10Key West High SchoolGrades: 9-12Distance: 1.3 mi
Local experts in 33040
- Florida
- Monroe County
- Key West
- 33040
- Old Town
- 1022 Fleming St







