1223 Margaret Street 4, Key West, FL 33040
$2,799,000
Property Type:
Residential
Bedrooms:
4
Baths:
5
Square Footage:
2,412
Lot Size (sq. ft.):
3,292
Status:
Active
Current Price:
$2,799,000
List Date:
12/10/2025
Last Modified:
4/27/2026
Overview
Description
...
(Read more)
GORGEOUS Old Town Key West Luxury EXCELLENT VACATION RENTAL! Large 3 Story Single Family Home with Pool, Guest Cottage & Off Street Parking! Sleeps 10 people! Escape to paradise in this exquisite 2412sf 3 story home located in Old Town Key West close to the Casa Marina area. A rare blend of historic charm and luxury, this fully furnished, turnkey property invites you to live the island dream or step into a ready-to-go monthly vacation rental opportunity.
Inside, discover airy open living spaces filled with natural light, high ceilings, and elegant finishes. The kitchen boasts stainless steel appliances, custom cabinetry, and a spacious layout perfect for entertaining. Each of the three bedrooms features a private en-suite bath, with an additional half bath for guests. 2 master suites, 1 located on its own floor offers a flexible bonus room--ideal as a 4th bedroom, home office, or private retreat.
Step outside to your private resort-style oasis. Lounge by the in-ground concrete heated pool, with hot tub and water fall feature, relax on the front and back porches, or stroll the brick-paved path thru lush tropical landscaping. Property is fully fenced with a white picket fence offering charm and character as well as for privacy. Has an off-street parking spot in the back as well as off street parking in the front and guest parking on the side, a luxury in Old Town.
The guest cottage provides a perfect hideaway with its own full bathroom and multifunctional living/bedroom setup perfect for a futon or Murphy bed--ideal for guests, remote work, or rental flexibility. 4 cruiser bikes included for effortless island exploration.
Steps from fine dining, world-class beaches, and vibrant Duval Street, this home delivers the perfect balance of luxury, convenience, and investment potential.
Live the ultimate Key West lifestyle--move in, relax, and start earning $$$ from day 1!
1st Floor 720SF
2nd Floor 720SF
3rd Floor 812SF
Pool House 160
Listing Details MLS# 617658
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
- KW Neighborhood
- Old Town-S of Truman
- Unit #
- 4
- City
- KEY WEST
- Mile Marker
- 1
- Marathon Neighborhood
- N/A
- Senior Community YN
- No
- Side
- Median
- Flood Zone
- 0.2 PCT ANNUAL CHANC
- Alternate Key #
- 8929610
- Parcel #
- 00029650-000104
- Zoning
- HMDR - Historic Medium Density Residential
- Deed Restrictions
- Unknown
- Legal
- UNIT 4 SECLUDED GARDENS OF KEY WEST A CONDO AND PARKING SPACE 4 OR1583-1176/77 OR2581-411/12 OR2856-1629/32
- Taxes
- 13647.75
- Tax Year
- 2024
- Pub Sewer HkUp
- Yes
Contract Information
- Listing Board
- Key West Association
- As is Rght to Inspct
- No
- Species List
- No
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
- 4
- Full Baths
- 4
- Half Baths
- Yes
- Total Baths
- 5
- Rentals Allowed
- With Restrictions
- Min Rental Days
- 28
- Control Depth
- 0
- Total Units
- 0
Association Info
- Mandatory Home Owners Asc
- Yes
- 1st Right of Refusal
- No
- Assoc Approval Req
- No
- Association Fee $
- 400
- Assoc/Mnt Fee Per
- Yearly
License Info
- # of City License
- Yes
- # of County License
- Yes
- Non Trans Rntl Lic
- Yes
More Information
Building Style
- Above Flood
- Yes
- Stories
- 3 Stories
Vehicle Storage
- Car(s)
- 2
- Guest Parking
- Yes
- Off Street Parking
- Yes
Specialty Rooms
- Guest/Servant Qtrs
- Legal
- Other
- Yes
Pool Info
- Heated
- Yes
- In Ground
- Yes
- Concrete
- Yes
- Decked
- Yes
Remarks & Misc
- Remarks – Consumer
- GORGEOUS Old Town Key West Luxury EXCELLENT VACATION RENTAL! Large 3 Story Single Family Home with Pool, Guest Cottage & Off Street Parking! Sleeps 10 people! Escape to paradise in this exquisite 2412sf 3 story home located in Old Town Key West close to the Casa Marina area. A rare blend of historic charm and luxury, this fully furnished, turnkey property invites you to live the island dream or step into a ready-to-go monthly vacation rental opportunity. Inside, discover airy open living spaces filled with natural light, high ceilings, and elegant finishes. The kitchen boasts stainless steel appliances, custom cabinetry, and a spacious layout perfect for entertaining. Each of the three bedrooms features a private en-suite bath, with an additional half bath for guests. 2 master suites, 1 located on its own floor offers a flexible bonus room--ideal as a 4th bedroom, home office, or private retreat. Step outside to your private resort-style oasis. Lounge by the in-ground concrete heated pool, with hot tub and water fall feature, relax on the front and back porches, or stroll the brick-paved path thru lush tropical landscaping. Property is fully fenced with a white picket fence offering charm and character as well as for privacy. Has an off-street parking spot in the back as well as off street parking in the front and guest parking on the side, a luxury in Old Town. The guest cottage provides a perfect hideaway with its own full bathroom and multifunctional living/bedroom setup perfect for a futon or Murphy bed--ideal for guests, remote work, or rental flexibility. 4 cruiser bikes included for effortless island exploration. Steps from fine dining, world-class beaches, and vibrant Duval Street, this home delivers the perfect balance of luxury, convenience, and investment potential. Live the ultimate Key West lifestyle--move in, relax, and start earning $$$ from day 1! 1st Floor 720SF 2nd Floor 720SF 3rd Floor 812SF Pool House 160
- Directions
- White st turn onto United st and home on corner of United and Margaret
Fee Includes
- Other
- Yes
Dockage
- None
- Yes
Tax Exemptions
- None
- Yes
Appliances
- Dishwasher
- Yes
- Disposal
- Yes
- Dryer
- Yes
- Microwave
- Yes
- Oven
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Stainless Steel Appliance(s)
- Yes
- Washer
- Yes
Pets
- Pets Allowed
- Yes
Cooling
- Ceiling Fans(s)
- Yes
- Central Air
- Yes
- Wall/Window Unit(s)
- Yes
Heating
- Electric
- Yes
Waterfront
- None
- Yes
Waterview
- No Waterview
- Yes
Floor
- Tile
- Yes
- Wood
- Yes
Interior Features
- Built-in Cabinets
- Yes
- Entrance Foyer
- Yes
- Smoke Alarms
- Yes
- Split Bedroom
- Yes
- Storage
- Yes
- Window Treatments
- Yes
Property Condition
- Updated/Remodeled
- Yes
Windows/Doors
- Impact Rstnce Doors
- Yes
- Impact Rstnce Window
- Yes
- Sliding Glass Doors
- Yes
Construction
- Frame
- Yes
Land Size
- Less Than 1/4 Acre
- Yes
Furnished
- Furnished
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
- VA
- Yes
Utilities
- Elect Separate Meter
- Yes
- FKAA
- Yes
- Municipal Sewer
- Yes
- Water Separate Meter
- Yes
Porch/Balcony
- Open Porch/Balcony
- Yes
Title
- Negotiable
- Yes
Exterior Features
- Detached Guest Qtrs
- Yes
- Fencing
- Yes
- Lighting
- Yes
- Privacy Wall/Fence
- Yes
- Water Display
- Yes
Pre-Wired
- Cable
- Yes
Roof
- Metal Roof
- Yes
Shutters
- Other
- Yes
Property Features
Fee Includes:
Other
Tax Exemptions:
None
License Info:
Non Trans Rntl Lic
Waterfront:
None
Waterview:
No Waterview
Dockage:
None
Property Condition:
Updated/Remodeled
Vehicle Storage:
Guest Parking; Off Street Parking
Furnished:
Furnished
Cooling:
Ceiling Fans(s); Central Air; Wall/Window Unit(s)
Utilities:
Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Interior Features:
Built-in Cabinets; Entrance Foyer; Smoke Alarms; Split Bedroom; Storage; Window Treatments
Pre-Wired:
Cable
Specialty Rooms:
Other
Appliances:
Dishwasher; Disposal; Dryer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features:
Detached Guest Qtrs; Fencing; Lighting; Privacy Wall/Fence; Water Display
Pool Info:
In Ground; Concrete; Decked
Construction:
Frame
Shutters:
Other
Floor:
Tile; Wood
Roof:
Metal Roof
Pets:
Pets Allowed
Land Size:
Less Than 1/4 Acre
Terms:
Cash; Conventional; VA
Title:
Negotiable
Listing Office:
Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: April - 27 - 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.
