701 Elizabeth Street, Key West, FL 33040 (MLS# 603798)

701 Elizabeth Street, Key West, FL 33040

$1,912,500

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,804 Lot Size (sq. ft.): 2,738 Status: Closed

Current Price: $1,912,500 List Date: 5/09/2023 Last Modified: 8/25/2024

Overview

Description

701 Elizabeth Street is an iconic, architecturally designed residence located at the highest elevation point in Old Town Key West, also known as Solares Hill. Designed by renowned architect Thomas E. Pope and built in 1984, this tropical home includes a beautifully updated 2-story residence including two bedrooms and two bathrooms, as well as an attached 3-story, one bedroom and one bathroom guest house with soaring 26 foot ceilings. If you anticipate having company, this home may work for you more than you can imagine. The legal three story guest house could serve as an excellent private suite for your company or an income producing rental. Everything is separated from the main part of the house so your company can come and go uninterrupted! Well sited on a corner lot, the exterior features tropical landscaping and lighting, a custom heated pool, IPE decking, an outdoor shower, and off-street parking. Enter the main home to discover an open floor plan highlighted by 10 foot ceiling ... (Read more)

Listing Details MLS# 603798

Location, Tax & Legal

Street #: 701
Street Name: Elizabeth
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
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: X-500
Alternate Key #: 1019780
Parcel #: 00019100-000000
Zoning: HHDR - Historic High Density Residential
Deed Restrictions: No
Legal: KW PT LOTS 24-25-26 OF TR 5 RR-152 OR389-527/28 OR547-292 OR547-364/65 OR683-542 OR685-228 OR752-1236/37 OR891-2145 OR96
Taxes: 6484.64
Tax Year: 2021
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Key West Association
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No

General Property Description

Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: No
Pool: Yes
Year Built: 1984
Lot SqFt: 2738
Lot Sqft Source: Builder/Architect
Living Apx SqFt: 1804
SqFt Source: Builder/Architect
Total Bedrooms: 3
Full Baths: 3
Total Baths: 3
Rentals Allowed: With Restrictions
Control Depth: 0

Status Change Info

Sold Date: 2023-11-13

Association Info

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

License Info

# of City License: Yes
Non Trans Rntl Lic: Yes

More Information

Building Style

Above Flood: Yes

Pool Info

Heated: Yes
Dimensions: 8x14
In Ground: Yes
Concrete: Yes

Financial Status

Auction: No
Bank Owned: No
Potential Short Sale: No
Standard Sale: Yes

Remarks & Misc

Remarks – Consumer: 701 Elizabeth Street is an iconic, architecturally designed residence located at the highest elevation point in Old Town Key West, also known as Solares Hill. Designed by renowned architect Thomas E. Pope and built in 1984, this tropical home includes a beautifully updated 2-story residence including two bedrooms and two bathrooms, as well as an attached 3-story, one bedroom and one bathroom guest house with soaring 26 foot ceilings. If you anticipate having company, this home may work for you more than you can imagine. The legal three story guest house could serve as an excellent private suite for your company or an income producing rental. Everything is separated from the main part of the house so your company can come and go uninterrupted! Well sited on a corner lot, the exterior features tropical landscaping and lighting, a custom heated pool, IPE decking, an outdoor shower, and off-street parking. Enter the main home to discover an open floor plan highlighted by 10 foot ceilings, Dade County Pine flooring, large windows with louvered shutters, and the living and dining rooms are complete with views of the pool and garden. The open kitchen has custom cabinetry, updated fixture, and a user friendly layout. Just off the kitchen is a guest bathroom as well as a laundry room with its own entrance. Heading upstairs you will find the large primary room boasting 14ft Cathedral ceilings, a wall of windows with tree top views, and an updated primary bathroom. The second floor also includes the light and airy guest bedroom.

Fee Includes

None: Yes

Dockage

None: Yes

Tax Exemptions

Homestead: Yes

Appliances

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

Pets

Pets Allowed: Yes

Cooling

Ceiling Fans(s): Yes
Central Air: Yes
Wall/Window Unit(s): Yes

Heating

Electric: Yes
Propane: Yes
Separate Meters: Yes

Waterfront

None: Yes

Waterview

No Waterview: Yes

Floor

Wood: Yes

Neighborhood Feature

Beach: Yes
Bike Paths: Yes

Interior Features

Built-in Cabinets: Yes
Cathedral Ceilings: Yes
Dade County Pine: Yes
Pantry: Yes
Pull Down Stairs: Yes
Smoke Alarms: Yes
Storage: Yes
Walk-in Closet(s): Yes
Window Treatments: Yes

Property Condition

Updated/Remodeled: Yes

Specialty Rooms

Laundry Room: Yes

Windows/Doors

French Doors: Yes
Impact Rstnce Doors: Yes
Single Hung Windows: Yes
Wood Windows: Yes

Vehicle Storage

Off Street Parking: Yes

Construction

Frame: Yes

Land Size

Less Than 1/4 Acre: Yes

Furnished

Negotiable: Yes

Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Utilities

Buyer to Verify: Yes
Cable Available: Yes
Elect Separate Meter: Yes
Municipal Sewer: Yes
Propane: Yes
Water Separate Meter: Yes

Porch/Balcony

Deck: Yes
Patio: Yes

Title

Negotiable: Yes

Exterior Features

Lighting: Yes
Outdoor Shower: Yes
Privacy Wall/Fence: Yes
Rain Gutters: Yes
Shed: Yes
Sprinkler System: Yes
Water Display: Yes

Pre-Wired

Cable: Yes

Roof

Metal Roof: Yes

Shutters

Panel: Yes

GF-Interior Features

Programmable Thermst: Yes

Property Features

Fee Includes: None Tax Exemptions: Homestead License Info: Non Trans Rntl Lic Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Updated/Remodeled Vehicle Storage: Off Street Parking Furnished: Negotiable Cooling: Ceiling Fans(s); Central Air; Wall/Window Unit(s) Heating: Propane; Separate Meters Utilities: Buyer to Verify; Cable Available; Elect Separate Meter; Municipal Sewer; Propane; Water Separate Meter Interior Features: Built-in Cabinets; Cathedral Ceilings; Dade County Pine; Pantry; Pull Down Stairs; Smoke Alarms; Storage; Walk-in Closet(s); Window Treatments Pre-Wired: Cable Specialty Rooms: Laundry Room Appliances: Dishwasher; Disposal; Dryer; Freezer; Gas Appliances; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler Exterior Features: Lighting; Outdoor Shower; Privacy Wall/Fence; Rain Gutters; Shed; Sprinkler System; Water Display Pool Info: In Ground; Concrete Construction: Frame Shutters: Panel Floor: Wood Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Beach; Bike Paths Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; FHA; VA Title: Negotiable GF-Interior Features: Programmable Thermst

Listing Office: Truman & Co. (KW)

Last Updated: August - 25 - 2024

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