508 Margaret Street, Key West, FL 33040 (MLS# 608625)

508 Margaret Street, Key West, FL 33040

$3,700,000

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 2,146 Lot Size (sq. ft.): 4,648 Status: Closed

Current Price: $3,700,000 List Date: 2/08/2024 Last Modified: 8/26/2024

Overview

Description

When location matters most, look no further. Located on one of the most sought-after blocks in Old Town, Key West. Recently renovated from top to bottom and complete with high end finishes, this spacious five bedroom and three and a half bathroom property sets the bar for quality and style in the Historic District of Key West. With a perfect fusion of luxury and island-style living, this impressive residence offers spacious manicured grounds, a front porch with second-level balcony, tropical landscaping and a private pool. A covered, outdoor bar equipped with sink, ice maker and beverage cooler, sits adjacent to the pool area, complete with bar-top seating — perfect for entertaining guests or gathering for watching the big game. Stepping inside the front door you will find hardwood floors throughout, and an entryway leading you towards a beautiful high end kitchen overlooking the resort-like backyard. The chef's kitchen is equipped with top-of-the-line stainless steel appliances, cus ... (Read more)

Listing Details MLS# 608625

Location, Tax & Legal

Street #: 508
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-N of Truman
City: KEY WEST
Off Shore Island: No
Mile Marker: 1
Marathon Neighborhood: N/A
Side: Median
Flood Zone: AE
Alternate Key #: 1008516
Parcel #: 00008250-000000
Zoning: HHDR - Historic High Density Residential
Deed Restrictions: Unknown
Legal: KW PT LOT 2 SQR 47 OR169-526 OR897-184 OR935-1623 OR897-185 OR1303-1616 OR1303-1610 OR1303-1613 OR1377-1857 OR3143-437 O
Taxes: 18266.51
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: 1915
Lot SqFt: 4648
Lot Sqft Source: Property Data Card
Acres: 0.11
Living Apx SqFt: 2146
SqFt Source: Property Data Card
Total Bedrooms: 5
Full Baths: 3
Half Baths: Yes
Total Baths: 4
Rentals Allowed: With Restrictions
Control Depth: 0
Total Units: 0

Status Change Info

Sold Date: 2024-03-05
Sold Comments: Thanks Tammy!!!

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0

Building Style

Above Flood: Unknown
Stories: 2 Stories

More Information

Financial Status

Standard Sale: Yes

Remarks & Misc

Remarks – Consumer: When location matters most, look no further. Located on one of the most sought-after blocks in Old Town, Key West. Recently renovated from top to bottom and complete with high end finishes, this spacious five bedroom and three and a half bathroom property sets the bar for quality and style in the Historic District of Key West. With a perfect fusion of luxury and island-style living, this impressive residence offers spacious manicured grounds, a front porch with second-level balcony, tropical landscaping and a private pool. A covered, outdoor bar equipped with sink, ice maker and beverage cooler, sits adjacent to the pool area, complete with bar-top seating — perfect for entertaining guests or gathering for watching the big game. Stepping inside the front door you will find hardwood floors throughout, and an entryway leading you towards a beautiful high end kitchen overlooking the resort-like backyard. The chef's kitchen is equipped with top-of-the-line stainless steel appliances, custom cabinetry, stone countertops, and a waterfall style kitchen island. You won't miss the Phillip Jeffries wall coverings in the living room, dining area, as well as the powder room! There are two guest bedrooms on the first floor. Upstairs, the luxurious master suite offers a spa-like bathroom and private outdoor access to a large balcony overlooking the backyard pool area. There are two additional guest bedrooms on the second floor as well as separate laundry area and a beautiful balcony overlooking historic Margaret Street. With its desirable location just a few blocks to Duval Street and the Historic Seaport area, luxurious amenities, and inviting atmosphere, this beautiful home is sure to be the envy of the neighborhood.

License Info

Non Trans Rntl Lic: Yes

Fee Includes

None: Yes

Dockage

None: Yes

Tax Exemptions

None: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Gas Appliances: Yes
Microwave: Yes
Oven: Yes
Refrigerator: Yes
Stainless Steel Appliance(s): Yes
Washer: Yes
Wine Cooler: Yes

Pets

Pets Allowed: Yes

Cooling

Ductless: Yes

Waterfront

None: Yes

Waterview

No Waterview: Yes

Floor

Tile: Yes
Wood: Yes

Interior Features

Dade County Pine: Yes
Drapes/Blinds Incl: Yes
Smoke Alarms: Yes
Tray Ceilings: Yes
Walk-in Closet(s): Yes
Wet Bar: Yes
Window Treatments: Yes

Property Condition

Updated/Remodeled: Yes

Specialty Rooms

Laundry Room: Yes

Vehicle Storage

Off Street Parking: Yes

Construction

Frame: Yes

Land Size

Less Than 1/4 Acre: Yes

Furnished

Furnished: Yes

Terms

Cash: Yes
Conventional: Yes

Utilities

Cable Available: Yes
FKAA: Yes
Propane: Yes

Porch/Balcony

Deck: Yes
Roof Top Deck: Yes

Title

Negotiable: Yes

Exterior Features

Bar: Yes
Detached Guest Qtrs: Yes
Gazebo: Yes
Outdoor Shower: Yes
Rain Gutters: Yes

Pool Info

In Ground: Yes
Concrete: Yes

Roof

Metal Roof: Yes

Shutters

Other: Yes

Property Features

Fee Includes: None Tax Exemptions: None License Info: Non Trans Rntl Lic Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Updated/Remodeled Vehicle Storage: Off Street Parking Furnished: Furnished Cooling: Ductless Utilities: Cable Available; FKAA; Propane Interior Features: Dade County Pine; Drapes/Blinds Incl; Smoke Alarms; Tray Ceilings; Walk-in Closet(s); Wet Bar; Window Treatments Specialty Rooms: Laundry Room Appliances: Dishwasher; Dryer; Gas Appliances; Microwave; Oven; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler Exterior Features: Bar; Detached Guest Qtrs; Gazebo; Outdoor Shower; Rain Gutters 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 Terms: Cash; Conventional Title: Negotiable

Listing Office: Saltwater Real Estate Florida Keys, Inc

Last Updated: August - 26 - 2024

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.