$2,000,000
Key West, FL 33040
MLS# 612955
Status: Closed
3 beds | 5 baths | 2412 sqft
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Property Description
Located in Old Town of Key West, this 2412 Sq Ft, 3-story single-family home offers the perfect blend of space, comfort, and island charm. The main house features 3 spacious en-suite bedrooms and 3.5 bathrooms, providing plenty of privacy for family and guests. The 2nd floor has 2 en-suite bedrooms and the 3rd floor features a spacious full-floor primary suite, complete with a sitting room that can easily serve as a fourth bedroom or a home office. The property includes a guest house with a full bathroom, ideal for visitors. Exit the sliding glass doors and you'll find a private in-ground heated pool, creating a tranquil oasis for relaxing and entertaining. This home embodies the best of the Key West lifestyle. Enjoy an easy walk to world-famous Duval Street, Higgs Beach, the White Street Pier, the Historic Seaport District, and many of Key West's renowned restaurants, galleries, and shops. Off-street parking is available at the rear of the house, and there is space to park out front. The property has a strong vacation rental history, making it an excellent investment opportunity, and is located in the X flood zone. Whether you're looking for a full-time residence, a vacation home, or an income-producing property, this single-family home has it all. Experience the best of island living in this exceptional Key West getaway.
Details
Maps
Contract Information
Current Price: $2,000,000
Listing Date: 2025-01-02
Listing Board: Key West Association
Leased Price Monthly: $2,000,000
As is Rght to Inspct: Yes
Species List: No
Location, Tax & Legal
Street #: 1223
Street Name: Margaret
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Key West Investment Co Sub (1.0)
Area: 02 - Key West
General Property Description
Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: No
Pool: Yes
Year Built: 1999
Lot SqFt: 3292
Lot Sqft Source: Property Data Card
Acres: 0.08
Living Apx SqFt: 2412
SqFt Source: Property Data Card
Total Bedrooms: 3
Full Baths: 4
Half Baths: 1
Total Baths: 5
Rentals Allowed: With Restrictions
Min Rental Days: 28
Association Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Association Fee $: 500
Assoc/Mnt Fee Per: Yearly
License Info
# of City License: 1
# of County License: 1
Building Style
Above Flood: Yes
# Stories: 3 Stories
Vehicle Storage
Car(s): 1
Pool Info
Heated: Yes
Status Change Info
Under Contract Date: 2025-03-03
Leased Date: 2025-03-31
Leased Price Monthly: $2,000,000
Status: Closed
Property Features
Fee Includes: None
Tax Exemptions: Homestead
License Info: Non Trans Rntl Lic
Waterfront: None
Waterview: No Waterview
Dockage: None
Vehicle Storage: Off Street Parking
Furnished: Furnished
Cooling: Central Air; Wall/Window Unit(s)
Utilities: Cable Available; FKAA; Municipal Sewer
Interior Features: Built-in Cabinets; Drapes/Blinds Incl; Entrance Foyer; Security System; Smoke Alarms
Pre-Wired: Cable
Appliances: Dishwasher; Disposal; Dryer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features: Detached Guest Qtrs
Pool Info: In Ground; Concrete
Construction: Frame
Shutters: Other
Floor: Tile; Wood
Roof: Metal Roof
Pets: Pets Allowed
Land Size: Less Than 1/4 Acre
Listing Office: Coldwell Banker Schmitt Real Estate Co. (KW)
Last Updated: March - 31 - 2025
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.