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Property Description

A rare multi-property investment opportunity in the heart of Key West. Offered together at a discounted price, 1217 Johnson Street and 1224 Flagler Avenue sit back-to-back and provide exceptional flexibility, rental income, and the potential to create a private compound or multi-generational retreat.1217 Johnson Street is a newly built 5BD/6BA luxury home elevated above floodwaters and constructed with Category 5 hurricane protection, impact windows/doors, Hardie siding, and a generator. Located just steps from Higgs Beach, this 3,600+ sq ft residence blends modern design and island charm. A dramatic two-story foyer opens to the saltwater pool and waterfall, with glass doors that merge indoor and outdoor living. Enjoy a gazebo, lush landscaping, and a poolside cabana with bath. The chef's kitchen features quartz counters, shaker cabinets, a waterfall island, and Viking appliances. Upstairs are two primary suites with Juliet balconies, plus additional bedrooms and a flexible bonus room. Gated parking for two vehicles completes this private oasis.1224 Flagler Avenue is a legal duplex with a separate 1BD/1BA private suite, offering multiple revenue streams. Unit B is a turnkey 2BD/1BA with updated flooring, renovated kitchen, stainless appliances, laundry, and shared backyard. The detached suite provides its own entrance for guests or added income. Unit A is a 2BD/2BA with tile floors, island kitchen, laundry, and a private fenced yard, easily enhanced with a light refresh.Together, these properties deliver versatility, income potential, and a unique chance to own two desirable Key West homes in a premium location.

Overview

Property Status
For Sale
Lot Size
9,260 Sq.Ft.
MLS ID
617519
Property Type
Residential
Year Built
2022

Features & Amenities

Total Area
5,796 Sq.Ft.
Water Frontage
None
View Description
No Waterview
Stories
2
Utilites
FKAA, Whole House Generatr, Elect Separate Meter, Water Separate Meter, Buyer to Verify, Municipal Sewer
Pool
In Ground, Concrete
Roof
Metal Roof
Parking
Off Street Parking
Heat Type
Central
Air Conditioning
Central Air, Ceiling Fans(s)
Other Interior Features
Drapes/Blinds Incl, Quartz Countertops, Built-in Cabinets, Whirlpool Bath Tub, Walk-in Closet(s), Laundry Room, Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
HOA Amenities
None
Security Features
Electric Gate
Other Exterior Features
Gazebo, Water Display, Shed, Privacy Wall/Fence, Outdoor Shower, Lighting
Sales Price
$6,194,000
Real Estate Tax
$42,701/yr
Zoning
SF - Single Family

Downloads

1217 Johnson St. & 1224 Flagler Avenue

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Thank you

for your interest in 1217 Johnson St & 1224 Flagler Avenue, Key West, FL 33040

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Property Description

A rare multi-property investment opportunity in the heart of Key West. Offered together at a discounted price, 1217 Johnson Street and 1224 Flagler Avenue sit back-to-back and provide exceptional flexibility, rental income, and the potential to create a private compound or multi-generational retreat.1217 Johnson Street is a newly built 5BD/6BA luxury home elevated above floodwaters and constructed with Category 5 hurricane protection, impact windows/doors, Hardie siding, and a generator. Located just steps from Higgs Beach, this 3,600+ sq ft residence blends modern design and island charm. A dramatic two-story foyer opens to the saltwater pool and waterfall, with glass doors that merge indoor and outdoor living. Enjoy a gazebo, lush landscaping, and a poolside cabana with bath. The chef's kitchen features quartz counters, shaker cabinets, a waterfall island, and Viking appliances. Upstairs are two primary suites with Juliet balconies, plus additional bedrooms and a flexible bonus room. Gated parking for two vehicles completes this private oasis.1224 Flagler Avenue is a legal duplex with a separate 1BD/1BA private suite, offering multiple revenue streams. Unit B is a turnkey 2BD/1BA with updated flooring, renovated kitchen, stainless appliances, laundry, and shared backyard. The detached suite provides its own entrance for guests or added income. Unit A is a 2BD/2BA with tile floors, island kitchen, laundry, and a private fenced yard, easily enhanced with a light refresh.Together, these properties deliver versatility, income potential, and a unique chance to own two desirable Key West homes in a premium location.

Overview

Property Status
For Sale
Lot Size
9,260 Sq.Ft.
MLS ID
617519
Property Type
Residential
Year Built
2022

Features & Amenities

Total Area
5,796 Sq.Ft.
Water Frontage
None
View Description
No Waterview
Stories
2
Utilites
FKAA, Whole House Generatr, Elect Separate Meter, Water Separate Meter, Buyer to Verify, Municipal Sewer
Pool
In Ground, Concrete
Roof
Metal Roof
Parking
Off Street Parking
Heat Type
Central
Air Conditioning
Central Air, Ceiling Fans(s)
Other Interior Features
Drapes/Blinds Incl, Quartz Countertops, Built-in Cabinets, Whirlpool Bath Tub, Walk-in Closet(s), Laundry Room, Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
HOA Amenities
None
Security Features
Electric Gate
Other Exterior Features
Gazebo, Water Display, Shed, Privacy Wall/Fence, Outdoor Shower, Lighting
Sales Price
$6,194,000
Real Estate Tax
$42,701/yr
Zoning
SF - Single Family

Downloads

1217 Johnson St. & 1224 Flagler Avenue

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

Enter a valid email

Thank you

for your interest in 1217 Johnson St & 1224 Flagler Avenue, Key West, FL 33040

back to page
1217 Johnson St. & 1224 Flagler Avenue
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1217 Johnson St. & 1224 Flagler Avenue
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1217 Johnson St. & 1224 Flagler Avenue

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