1223 Margaret Street, Key West, FL 33040
$2,000,000
Property Type:
Residential
Bedrooms:
3
Baths:
5
Square Footage:
2,412
Lot Size (sq. ft.):
3,292
Status:
Closed
Current Price:
$2,000,000
List Date:
1/04/2025
Last Modified:
3/31/2025
Overview
Description
...
(Read more)
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.
Listing Details MLS# 612955
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
- City
- KEY WEST
- Off Shore Island
- No
- Mile Marker
- 1
- Marathon Neighborhood
- N/A
- Side
- Median
- Flood Zone
- 0.2 PCT ANNUAL CHANC
- Alternate Key #
- 8929610
- Handicap Access
- No
- 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
- 12029.48
- Tax Year
- 2023
- Pub Sewer HkUp
- Yes
Contract Information
- Listing Board
- Key West Association
- As is Rght to Inspct
- Yes
- 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
- 3
- Full Baths
- 4
- Half Baths
- Yes
- Total Baths
- 5
- Rentals Allowed
- With Restrictions
- Min Rental Days
- 28
- Control Depth
- 0
- Total Units
- 0
Status Change Info
- Sold Date
- 2025-03-31
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
- Yes
- # of County License
- Yes
- Non Trans Rntl Lic
- Yes
More Information
Building Style
- Above Flood
- Yes
- Stories
- 3 Stories
Vehicle Storage
- Car(s)
- Yes
- Off Street Parking
- Yes
Pool Info
- Heated
- Yes
- In Ground
- Yes
- Concrete
- Yes
Remarks & Misc
- Remarks – Consumer
- 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.
Fee Includes
- None
- Yes
Dockage
- None
- Yes
Tax Exemptions
- Homestead
- 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
- Central Air
- Yes
- Wall/Window Unit(s)
- Yes
Waterfront
- None
- Yes
Waterview
- No Waterview
- Yes
Floor
- Tile
- Yes
- Wood
- Yes
Interior Features
- Built-in Cabinets
- Yes
- Drapes/Blinds Incl
- Yes
- Entrance Foyer
- Yes
- Security System
- Yes
- Smoke Alarms
- Yes
Windows/Doors
- Double Hung Windows
- Yes
- Impact Rstnce Window
- Yes
- Sliding Glass Doors
- Yes
Construction
- Frame
- Yes
Land Size
- Less Than 1/4 Acre
- Yes
Furnished
- Furnished
- Yes
Utilities
- Cable Available
- Yes
- FKAA
- Yes
- Municipal Sewer
- Yes
Exterior Features
- Detached Guest Qtrs
- Yes
Pre-Wired
- Cable
- Yes
Roof
- Metal Roof
- Yes
Shutters
- Other
- Yes
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.
