Ad #6761057
MLS #617030
**6%+ Cap Rate Opportunity ** Now offered at $2,490,000, this
402 Appelrouth Ln, Key West, FL 33040
$2,490,000
3Beds
7Baths
--Sqft
0.08Acres
About this property
**6%+ Cap Rate Opportunity ** Now offered at $2,490,000, this income producing Old Town property offers strong cash flow and immediate investor appeal. Located just steps from Duval Street, 402 Appelrouth Lane offers a rare investment opportunity in a premier X Flood Zone location. This mixed use property has income potential from residential and commercial units. With over 5000sqft of interior space this iconic structure showcases tall ceilings, historic architectural character and custom artistic details that give it Old Town Charm. Appelrouth Lane is known for strong foot traffic, established neighboring businesses and a desirable central location. just minutes from restaurants, galleries, shopping and Key West nightlife. Opportunities like this are exceptionally rare.
Property Features
3 Beds
7 Baths
0 Sqft
Built in 1943
0.08 Acres
3 Stories
Beachview
Siding: Frame
Metal Roof
$14,665 / yr property tax
Monroe County
Jack Sq Prof Cent (1) Community
Additional Photos
Contact Information
Key West Sisters
Preferred Properties Coastal Realty, Inc.
305-747-0369
Location
Listing Agent: Key West Sisters 305-747-0369
Broker: Preferred Properties Coastal Realty, Inc. 305-294-3040 Listing Site
Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Preferred Properties Coastal Realty, Inc. 305-294-3040 Listing Site
Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 11, 2026
Photo Gallery
$2,490,000
3
Beds
7
Baths
--
Sqft
402 Appelrouth Ln, Key West, FL 33040
By contacting this agent you agree to these Terms and Conditions.
MLS# 617030
**6%+ Cap Rate Opportunity ** Now offered at $2,490,000, this
$2,490,000
402 Appelrouth Ln, Key West, FL 33040
3
Beds
7
Baths
--
Sqft
0.08
Acres
$2,490,000
402 Appelrouth Ln, Key West, FL 33040
3 Beds
7 Baths
-- Sqft
0.08 Acres
**6%+ Cap Rate Opportunity ** Now offered at $2,490,000, this income producing Old Town property offers strong cash flow and immediate investor appeal. Located just steps from Duval Street, 402 Appelrouth Lane offers a rare investment opportunity in a premier X Flood Zone location. This mixed use property has income potential from residential and commercial units. With over 5000sqft of interior space this iconic structure showcases tall ceilings, historic architectural character and custom artistic details that give it Old Town Charm. Appelrouth Lane is known for strong foot traffic, established neighboring businesses and a desirable central location. just minutes from restaurants, galleries, shopping and Key West nightlife. Opportunities like this are exceptionally rare.
290 days
on BeachHouse.com
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Property Details
HOME DETAILS
3 Beds
7 Baths
0 Sqft
Built in 1943
0.08 Acres
3 Stories
BEACH & VIEW
Beachview
EXTERIOR
Siding: Frame
Metal Roof
FINANCIAL & COMMUNITY
$14,665 / yr property tax
Monroe County
Jack Sq Prof Cent (1) Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
6761057
Viewed
196 times
Listing Status
Active
Added
Oct 25, 2025
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Key West Association of Realtors
Source Property ID
617030
Listing Agent: Key West Sisters 305-747-0369
Broker: Preferred Properties Coastal Realty, Inc. 305-294-3040 Listing Site
Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Preferred Properties Coastal Realty, Inc. 305-294-3040 Listing Site
Copyright © 2026 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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