206 4th St, Key West, FL 33040

A rare opportunity to purchase two single-family homes on separate but contiguous lots, with one home located behind the other, offering privacy and flexibility in a desirable Lower Keys location.The first residence is a 3-bedroom, 2-bath elevated stilt home built in 2003, offering approximately 1,075 sq. ft. of living space on a 7,685 sq. ft. lot. The interior features tile flooring, a spacious open layout, and abundant natural light. The elevated design provides covered storage beneath the home, along with front outdoor space and a covered porch. A swimming pool is located on this lot and is currently separated by fencing; the fence can be removed for shared use or reconfigured for private use by either home.This home is subject to Monroe County Affordable Housing occupancy requirements. The property may be purchased by any buyer; occupancy is limited to a qualifying household.The second residence, located behind the first, is a 2-bedroom, 2-bath single-family home with approximately 1,200 sq. ft. of living space on a 7,972 sq. ft. lot, without deed restrictions. The home is configured with two divided living areas, each with its own mini-split system, making it well suited for flexible living arrangements or rental opportunities. Large windows provide natural light, a rear entrance offers convenient outdoor access, and mature trees provide privacy and shade.Together, these homes create two contiguous lots totaling approximately 15,657 square feet, a notably large combined footprint for the Lower Keys, offering flexibility, privacy, and long-term value just minutes from Key West.