Located in Key West's Casa Marina District on a quiet one-way street and just 2 blocks from the beach, 1304 Elizabeth Street presents a unique opportunity for those looking to take on a full-scale renovation project. This property is ready for a complete transformation and is perfect for developers, investors, or anyone eager to restore a historic Key West gem.Nestled in the desirable X flood zone and one of the most sought-after neighborhoods, the current layout includes two buildings with three separate units, all awaiting your vision to bring them back to life. The versatile HRO zoning offers flexibility for various investment goals, whether it is a full-time residence or a vacation retreat. Additionally, the neighboring property is also available for purchase, offering the option of an even larger compound. Schedule a viewing today and explore the possibilities to bring new life to this historic property and reimagine its potential..