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Anchor Line Realty

Anchor Line Realty specializes in buyer brokerage, real estate sales listings, and long term property management in Key West & the Florida Keys.

Call: (305) 766-6835

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$5,400,000
613 Margaret Street
Key West, FL 33040
MLS# 621215
6 beds  |  7 baths  |  2993 sqft

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Front House Driveway
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Front House Driveway Front House Front House Front House Porch Front House Porch/Entrance Front House Kitchen Front House Kitchen Front House Kitchen Front House Living Room Front House Living Room Front House Laundry/Poweder Room Front House Bedroom 1 Front House Bedroom 1 Bath Front House Bedroom 2 Front House Bedroom 3 Front House Deck and Pool Front House Pool Garden Pathway between houses Rear House Porch Rear House Kitchen Rear House Kitchen Rear House Kitchen Rear House Pantry Rear House Living Room Rear House LIving Room Rear House Downstairs Bedroom Rear House Upstairs Hallway Rear House Upstairs Bedroom 1 Rear House Upstairs Bedroom 1 Rear House Upstairs Ensuite Bath Rear House Upstairs Bedroom 2 Rear House Upstairs Bedroom 2 Rear House Upstairs Ensuite Bath Rear House Upstairs Balcony Rear House View from Balcony Rear House Aerial View of Pool Rear House Pool Rear House Pool Rear House Outdoor Shower Aerial View of Property
Open House (10/04/2026 - 12:00 am - 2:00 pm)

Property Description
Step back into timeless Key West soul, where leaf-stamped garden paths, sun-dappled outdoor showers, and the gentle trickle of private pool waterfalls create an unforgettable Old Town sanctuary. Hidden behind a classic wooden gate just moments from the Historic Seaport and Duval Street, this compound offers two private, fully equipped homes on a lush 7,796-sq. ft lot, providing the ultimate luxury island retreat or multi-generational estate. Verdant foliage frames the wrap-around front porch of the front cottage, inviting you to sit back and enjoy quintessential island living. Inside, sky-lit vaulted ceilings with exposed wooden beams pour warm sunshine across white-painted walls and rich wood floors. The light-filled layout centers around an enchanting cottage kitchen filled with warmth and timeless charm that flows seamlessly into the living space and guest half bath. Three bedrooms-each featuring its own private ensuite bath-offer exceptional comfort. Floor-to-ceiling glass draws you out to an outdoor dining area and a sparkling heated pool nestled among vibrant gardens. Wander through the botanical grounds to the rear house, a custom-crafted two-story sanctuary built in 2016. Showcasing exquisite Hickory hardwood floors, whitewashed Cypress interior walls, and slate-tiled baths, this home balances coastal elegance with high-end luxury. The chef's kitchen boasts an elite ILVE range and custom cabinetry, flowing into open living quarters that slide open to the backyard oasis. The main floor offers versatile living with a guest suite that double-functions as a private home office with a built-in Murphy bed. Upstairs, a Craftsman staircase leads to a secondary guest suite with an ensuite bath and a sprawling primary retreat, complete with an oversized spa bath and a private balcony overlooking the second heated waterfall pool. Do not miss this rare chance to own one of Old Town's premier dual-home properties, complete with dedicated off-street parking for two cars.

Details
Maps
Contract Information
Current Price: $5,400,000
Listing Date: 2026-09-04
Listing Board: Key West Association
Monthly Rent: $5,400,000
As is Rght to Inspct: Yes
Location, Tax & Legal
Street #: 613
Street Name: Margaret
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Old Town - Unrecord (1.0)
Area: 01 - Key West
General Property Description
Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: No
Pool: Yes
Year Built: 1900
Lot SqFt: 7796
Lot Sqft Source: Tax Records
Acres: 0.17
Living Apx SqFt: 2993
SqFt Source: Appraisal
Total Bedrooms: 6
Full Baths: 6
Half Baths: 1
Total Baths: 7
Rentals Allowed: With Restrictions
Min Rental Days: 28
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
# of City License: 2
Building Style
Above Flood: Unknown
# Stories: 2 Stories
Vehicle Storage
Car(s): 2
Pool Info
Heated: Yes
Financial Status
Standard Sale: Yes
Status Change Info
Status: Active
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: None
Waterview: No Waterview
Dockage: None
Property Condition: Updated/Remodeled
Building Style: Conch
Vehicle Storage: Off Street Parking
Furnished: Furnished
Cooling: Ceiling Fans(s); Ductless; Wall/Window Unit(s)
Utilities: FKAA; Municipal Sewer; Propane
Interior Features: Built-in Cabinets; Cathedral Ceilings; Dade County Pine; Pantry; Quartz Countertops; Security System; Sky Light(s); Storage; Walk-in Closet(s)
Pre-Wired: Cable
Appliances: Dishwasher; Dryer; Gas Appliances; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features: Fencing; Outdoor Shower; Privacy Wall/Fence; Rain Gutters; Shed; Storage
Pool Info: In Ground; Decked
Construction: Combo Construction; Frame
Shutters: Bahama
Floor: Tile; Wood
Roof: Metal Roof
Pets: Pets Allowed
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional
Title: Negotiable

Listing Office: Brenda Donnelly Real Estate LLC

Last Updated: September - 29 - 2026

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.


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David Austin, Owner/Broker
Anchor Line Realty, LLC
820 Ashe Street
Key West, FL 33040
www.anchorlinerealty.com
[email protected]
305.766.6835
Member, National Association of Realtors (NAR)
Member, Florida Association of Realtors (FAR)
Member, Key West Association of Realtors (KWAR)