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1503-1509 Seminary Street, Key West, FL 33040

$1,000,000
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 1,640 Lot Size (sq. ft.): 7,530 Status: Active
Current Price: $1,000,000 List Date: 12/16/2025 Last Modified: 3/31/2026

Overview

Description

Opportunity awaits in the heart of Midtown Key West! This rare double-lot offering includes two side-by-side parcels with endless potential for redevelopment or renovation. 1503 Seminary Street features a 2-bedroom, 1-bathroom single-family home built in 1943 with 1,160 sq. ft. of living area. The home offers a spacious layout ready for your personal touch — ideal for a full remodel or a complete redesign. 1509 Seminary Street currently includes a small structure in need of teardown, providing a clean slate for new construction, expansion of the adjacent home, or the creation of a private compound. Zoned residential and centrally located just minutes from beaches, shopping, dining, and Old Town, this is an exceptional investment for builders, developers, or anyone looking to create their own Key West .

Listing Details MLS# 617066

Location, Tax & Legal

Street #
1503-1509
Street Name
Seminary
Street Suffix
Street
Key/Island
Key West
State/Province
FL
Zip Code
33040
County
Monroe
Subdivision
Monroe Investement Co Sub (2.0)
Area
03 - Key West
KW Neighborhood
Midtown West
City
KEY WEST
Mile Marker
2
Marathon Neighborhood
N/A
Side
Median
Alternate Key #
1044482
Zoning
SF - Single Family
Deed Restrictions
Unknown
Taxes
10586.88
Tax Year
2025
Pub Sewer HkUp
Yes

Contract Information

Listing Board
Key West Association
Potential Short Sale
No
Bank Owned
No

General Property Description

Realtor.COM Type
Residential - Single Family
Style
Single Family
Waterfront
No
Pool
No
Year Built
1943
Total Units
2
Lot SqFt
7530
Lot Sqft Source
Property Data Card
Living Apx SqFt
1640
SqFt Source
Property Data Card
Total Bedrooms
2
Full Baths
Yes
Total Baths
Yes
Rentals Allowed
Yes
Min Rental Days
28
Control Depth
0

Status Change Info

Contingent
None

Association Info

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

Building Style

Above Flood
Unknown
Other Bldg Style
Yes

More Information

Financial Status

Bank Owned
No
Potential Short Sale
No

Remarks & Misc

Remarks – Consumer
Opportunity awaits in the heart of Midtown Key West! This rare double-lot offering includes two side-by-side parcels with endless potential for redevelopment or renovation. 1503 Seminary Street features a 2-bedroom, 1-bathroom single-family home built in 1943 with 1,160 sq. ft. of living area. The home offers a spacious layout ready for your personal touch — ideal for a full remodel or a complete redesign. 1509 Seminary Street currently includes a small structure in need of teardown, providing a clean slate for new construction, expansion of the adjacent home, or the creation of a private compound. Zoned residential and centrally located just minutes from beaches, shopping, dining, and Old Town, this is an exceptional investment for builders, developers, or anyone looking to create their own Key West .

Fee Includes

None
Yes

Dockage

None
Yes

Tax Exemptions

None
Yes

Appliances

No Appliances
Yes

Pets

Pets Allowed
Yes

Waterfront

None
Yes

Waterview

No Waterview
Yes

Construction

Frame
Yes

Land Size

Less Than 1/4 Acre
Yes

Utilities

Buyer to Verify
Yes
FKAA
Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Building Style: Other Bldg Style Utilities: Buyer to Verify; FKAA Appliances: No Appliances Construction: Frame Pets: Pets Allowed Land Size: Less Than 1/4 Acre
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: March - 31 - 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.