Search for Property

1511 Johnson Street, Key West, FL 33040

$2,750,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,615 Lot Size (sq. ft.): 5,280 Status: Closed
Current Price: $2,750,000 List Date: 12/13/2025 Last Modified: 4/30/2026

Overview

Description

Price adjustment of $250,000! This is a rare opportunity to own a fully transient licensed nightly rental property in one of Key West's most desirable neighborhoods. This stunning 3-bedroom, 3-bath home is beautifully designed on one level easy living space on a lushly landscaped lot, combining island charm with exceptional investment potential. In 2024 & 2025 the property generated about $200,000 in gross rental income, making it a true turnkey income-producing retreat with bookings already in place. Bathed in natural light, the interior exudes a light and airy coastal atmosphere, blending soft tones with vibrant tropical accents and Mexican tiles throughout. The inviting open living and kitchen area flows seamlessly outdoors, creating an effortless entertaining space. Dine al fresco in the charming attached pavilion, surrounded by lush landscaping that provides both beauty and privacy. Two primary bedrooms offer direct access to the yard, enhancing the sense of privacy and reso ...

Listing Details MLS# 616872

Location, Tax & Legal

Street #
1511
Street Name
Johnson
Street Suffix
Street
Key/Island
Key West
State/Province
FL
Zip Code
33040
County
Monroe
Subdivision
White & Pierce Diagram (1.0)
Area
02 - Key West
KW Neighborhood
Midtown West
City
KEY WEST
Mile Marker
1
Marathon Neighborhood
N/A
Side
Median
Flood Zone
AE
Alternate Key #
1062472
Parcel #
00062070-000000
Zoning
SF - Single Family
Deed Restrictions
No
Legal
KW PT TR 29 JOHNSON ST OR206-385/88 OR511-903 OR896-244/45 OR1069-694/95 OR1415-1544/46 OR1987-2108 OR2473-513/15 OR304
Taxes
10862.15
Tax Year
2024
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
1958
Total Units
Yes
Lot SqFt
5280
Lot Sqft Source
Tax Records
Acres
0.12
Living Apx SqFt
1615
SqFt Source
Tax Records
Total Bedrooms
3
Full Baths
3
Total Baths
3
Rentals Allowed
Yes
Min Rental Days
Yes
Control Depth
0

Status Change Info

Sold Date
2026-04-30
Sold Comments
Thank you Chris and Sharon!

Association Info

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

License Info

# of City License
Yes
Transient Rntl Licns
Yes

More Information

Building Style

Above Flood
No
Stories
1 Story
Ground Level
Yes

Vehicle Storage

Car(s)
2
Carport
Yes
Auto Door Opener
Yes
Off Street Parking
Yes

Remarks & Misc

Remarks – Consumer
Price adjustment of $250,000! This is a rare opportunity to own a fully transient licensed nightly rental property in one of Key West's most desirable neighborhoods. This stunning 3-bedroom, 3-bath home is beautifully designed on one level easy living space on a lushly landscaped lot, combining island charm with exceptional investment potential. In 2024 & 2025 the property generated about $200,000 in gross rental income, making it a true turnkey income-producing retreat with bookings already in place. Bathed in natural light, the interior exudes a light and airy coastal atmosphere, blending soft tones with vibrant tropical accents and Mexican tiles throughout. The inviting open living and kitchen area flows seamlessly outdoors, creating an effortless entertaining space. Dine al fresco in the charming attached pavilion, surrounded by lush landscaping that provides both beauty and privacy. Two primary bedrooms offer direct access to the yard, enhancing the sense of privacy and resort-style living for guests. Both suites opens through elegant French doors to the sparkling pool area, while the en-suite bath features a large, beautifully tiled walk-in shower. The third bedroom--features flexible bedding options with two twins that can be converted to a king. The house comes fully furnished. Just bring your flip flops. Located in a quiet residential neighborhood, this property offers both tranquility and convenience. Hop on a bike to reach the beaches in minutes on the south side of the island or explore the energy of Duval Street, with the Casa Marina area just moments away. Enjoy your dream vacation home while producing income!
Directions
Johnson street is between Flagler Ave. and Laird Street.

Fee Includes

None
Yes

Dockage

None
Yes

Tax Exemptions

None
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Oven
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Pets

Pets Allowed
Yes

Cooling

Central Air
Yes

Heating

Central
Yes

Waterfront

None
Yes

Waterview

No Waterview
Yes

Floor

Tile
Yes

Neighborhood Feature

Beach
Yes
Bike Paths
Yes

Interior Features

Smoke Alarms
Yes
Storage
Yes
Walk-in Closet(s)
Yes

Property Condition

Updated/Remodeled
Yes

Specialty Rooms

Laundry Room
Yes
Other
Yes

Windows/Doors

French Doors
Yes
Impact Rstnce Doors
Yes
Single Hung Windows
Yes

Security

Electric Gate
Yes

Construction

CBS
Yes
Combo Construction
Yes

Land Size

Less Than 1/4 Acre
Yes

Furnished

Furnished
Yes

Terms

Cash
Yes
Conventional
Yes

Utilities

FKAA
Yes

Porch/Balcony

Patio
Yes

Exterior Features

Fencing
Yes
Privacy Wall/Fence
Yes
Water Display
Yes

Pool Info

In Ground
Yes
Concrete
Yes

Pre-Wired

Cable
Yes

Roof

Other Roof
Yes

Shutters

Panel
Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Updated/Remodeled Building Style: Ground Level Vehicle Storage: Carport; Auto Door Opener; Off Street Parking Furnished: Furnished Cooling: Central Air Heating: Central Utilities: FKAA Interior Features: Smoke Alarms; Storage; Walk-in Closet(s) Pre-Wired: Cable Specialty Rooms: Laundry Room; Other Appliances: Dishwasher; Dryer; Oven; Range; Refrigerator; Washer Exterior Features: Fencing; Privacy Wall/Fence; Water Display Pool Info: In Ground; Concrete Construction: CBS; Combo Construction Shutters: Panel Floor: Tile Roof: Other Roof Pets: Pets Allowed Neighborhood Feature: Beach; Bike Paths Security: Electric Gate Land Size: Less Than 1/4 Acre Terms: Cash; Conventional
Listing Office: Ocean Sotheby's International Realty
Last Updated: April - 30 - 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.