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1223 Margaret St #4, Key West, FL, 33040

4beds
5baths
2,412sqft
$2,799,000
$1,160price/sqft
$16,874/moest. monthly cost
$674,960/yrincome needed

About This Home

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 812SFPool House 160

Getting Around

86
WalkingVery Walkable
28
TransitSome Transit
86
BikeVery Bikeable

Schools

3/10
Horace O'bryant SchoolGrades PK-80.5 mi
3/10
Key West High SchoolGrades 9-121.0 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1999

Materials

  • Roof: Metal
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Washer,Stainless Steel Appliance(s),Disposal,Microwave,Oven,Range,Refrigerator,Dishwasher,Dryer

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Split Bedroom,Built-in Cabinets,Storage,Entrance Foyer,Other Specialty Room
  • Door features: Sliding Glass Doors,Impact Rstnce Doors
  • Window features: Window Treatments,Impact Rstnce Window,Other
  • Flooring: Tile,Wood

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air,Ceiling Fans(s),Wall/Window Unit(s)

Interior Area

  • Total interior livable area: 2,412 sqft

Property

Details

  • Parcel number: 00029650000104
  • Zoning: HMDR
  • Zoning description: Historic Medium Density Residential

Features

  • Levels: 3 Stories
  • Stories: 3
  • Private pool: Yes
  • Pool features: Heated,In Ground,Decked,Concrete
  • Patio & porch: Open Porch/Balcony
  • Exterior features: Water Display,Lighting
  • Fencing: Fenced,Privacy
  • Water view: None
  • Waterfront features: None,Dockage: None

Lot

  • Lot size: 3,484 sqft
  • Features: Less Than 1/4 Acre

Parking

  • Total spaces: 2
  • Parking features: Guest,Off Street