1121 Margaret Street, Key West, FL 33040
$3,625,000
Property Type:
Residential
Bedrooms:
4
Baths:
5
Square Footage:
3,000
Lot Size (sq. ft.):
5,243
Status:
Closed
Current Price:
$3,625,000
List Date:
4/12/2022
Last Modified:
12/30/2025
Listing Details MLS# 600529
Location, Tax & Legal
- Street #
- 1121
- Street Name
- Margaret
- Street Suffix
- Street
- Key/Island
- Key West
- State/Province
- FL
- Zip Code
- 33040
- County
- Monroe
- Subdivision
- Old Town - Unlisted (1.0)
- Area
- 02 - Key West
- KW Neighborhood
- Old Town-S of Truman
- City
- KEY WEST
- Mile Marker
- 1
- Marathon Neighborhood
- N/A
- Side
- Median
- Flood Zone
- 0.2 PCT ANNUAL CHANC
- Alternate Key #
- 1030741
- Parcel #
- 00029990-000000
- Zoning
- HHDR - Historic High Density Residential
- Deed Restrictions
- Unknown
- Legal
- KW INVESTMENT CO SUB PB 1-49 LOT 3 SQR 6 TR 12 OR563-333 OR1064-2072/73 OR1064-2074 OR1127-788/789C/T OR1164-664/66 OR27
- Taxes
- 9877.08
- Tax Year
- 2021
- Pub Sewer HkUp
- Yes
Contract Information
- Listing Board
- Key West Association
General Property Description
- Realtor.COM Type
- Residential - Single Family
- Style
- Single Family
- Waterfront
- No
- Pool
- Yes
- Year Built
- 1948
- Lot SqFt
- 5243
- Acres
- 0.12
- Living Apx SqFt
- 3000
- SqFt Source
- Survey
- Total Bedrooms
- 4
- Full Baths
- 3
- Half Baths
- 2
- Total Baths
- 5
- Rentals Allowed
- Yes
- Min Rental Days
- 28
- Control Depth
- 0
- Total Units
- 0
Status Change Info
- Sold Date
- 2022-05-13
Association Info
- Mandatory Home Owners Asc
- No
- 1st Right of Refusal
- No
- Association Fee $
- 0
License Info
- Transient Rntl Licns
- No
More Information
Building Style
- Above Flood
- Yes
- Stories
- 1 Story
Vehicle Storage
- Car(s)
- Yes
- Garage
- Yes
- Attached
- Yes
Specialty Rooms
- Guest/Servant Qtrs
- Legal
Remarks & Misc
- Remarks – Consumer
- Once home to the historic Molina's Bakery, this contemporary masterpiece now meets modern island residential paradise. Located in the heart of Old Town Key West, this four-bedroom, three full and two half-bathroom residence embodies art and culture throughout. This home is perfect for a weekend getaway or full-time residence, complete with an open floor plan, immaculate attention to detail, and split living quarters. Step outdoors into the spacious and meticulously private, side meditation courtyard or relish in your idyllic back yard with a heated pool, water feature, outdoor shower, lush landscaping and maintenance free deck. This home also features new hurricane-rated impact windows and doors, a flawlessly designed kitchen with quartz countertops, stainless steel appliances, polished concrete flooring throughout, and a laundry room leading to a sizable, private garage. Fourth bedroom is set up as a convenient separate lockout studio apartment and there is also an additional former artist's studio that can serve as a fifth bedroom or possible additional lockout apartment with its own entrance. This fine property was designed and previously owned by a renowned, local architect.
Fee Includes
- None
- Yes
Dockage
- None
- Yes
Tax Exemptions
- None
- Yes
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Stainless Steel Appliance(s)
- Yes
- Washer
- Yes
Pets
- Pets Allowed
- Yes
Cooling
- Central Air
- Yes
- Ductless
- Yes
Waterfront
- None
- Yes
Waterview
- No Waterview
- Yes
Floor
- Concrete
- Yes
Interior Features
- Built-in Cabinets
- Yes
- Entrance Foyer
- Yes
- Quartz Countertops
- Yes
- Walk-in Closet(s)
- Yes
- Window Treatments
- Yes
Property Condition
- Updated/Remodeled
- Yes
Windows/Doors
- Impact Rstnce Doors
- Yes
- Impact Rstnce Window
- Yes
Construction
- CBS
- Yes
- Concrete
- Yes
- Hardi Board Siding
- Yes
Land Size
- Less Than 1/4 Acre
- Yes
Furnished
- Negotiable
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
- VA
- Yes
Utilities
- Cable Available
- Yes
- Elect Separate Meter
- Yes
- FKAA
- Yes
- Municipal Sewer
- Yes
- Water Separate Meter
- Yes
Porch/Balcony
- Deck
- Yes
Title
- Negotiable
- Yes
Exterior Features
- Fencing
- Yes
- Outdoor Shower
- Yes
- Privacy Wall/Fence
- Yes
- Storage
- Yes
- Water Display
- Yes
Pool Info
- In Ground
- Yes
- Concrete
- Yes
- Decked
- Yes
Pre-Wired
- Cable
- Yes
Property Features
Fee Includes:
None
Tax Exemptions:
None
Waterfront:
None
Waterview:
No Waterview
Dockage:
None
Property Condition:
Updated/Remodeled
Vehicle Storage:
Garage; Attached
Furnished:
Negotiable
Cooling:
Central Air; Ductless
Utilities:
Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Interior Features:
Built-in Cabinets; Entrance Foyer; Quartz Countertops; Walk-in Closet(s); Window Treatments
Pre-Wired:
Cable
Appliances:
Dishwasher; Dryer; Range; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features:
Fencing; Outdoor Shower; Privacy Wall/Fence; Storage; Water Display
Pool Info:
In Ground; Concrete; Decked
Construction:
CBS; Concrete; Hardi Board Siding
Floor:
Concrete
Pets:
Pets Allowed
Land Size:
Less Than 1/4 Acre
Terms:
Cash; Conventional; VA
Title:
Negotiable
Listing Office:
Ocean Sotheby's International Realty
Last Updated: December - 30 - 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.