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1511 Johnson Street, Key West, FL 33040

New Listing
$3,245,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,615 Lot Size (sq. ft.): 5,280 Status: Active
Current Price: $3,245,000 List Date: 12/13/2025 Last Modified: 12/13/2025

Description

A rare opportunity to own a fully licensed short-term 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, the property generated an impressive $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.

More Information MLS# 616872

Contract Information

Listing Board: Key West Association As is Rght to Inspct: Yes Species List: No Current Price: $3,245,000 Listing Date: 2025-10-12 List Price: $3,245,000

Location, Tax & Legal

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 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

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: No Control Depth: 0 Lot SqFt: 5280 Pool: Yes Lot Sqft Source: Tax Records Total Units: 1 Acres: 0.12 SqFt Source: Tax Records Rentals Allowed: Yes Style: Single Family Year Built: 1958 Living Apx SqFt: 1615 Total Bedrooms: 3 Full Baths: 3 Total Baths: 3

Remarks & Misc

Remarks – Consumer: A rare opportunity to own a fully licensed short-term 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, the property generated an impressive $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. Directions: Johnson street is between Flagler Ave. and Laird Street.

Association Info

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

License Info

# of City License: 1 Transient Rntl Licns: Yes

Fee Includes

None: 1

Dockage

None: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Oven: 1 Range: 1 Refrigerator: 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Central Air: 1

Heating

Central: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Tile: 1

Neighborhood Feature

Beach: 1 Bike Paths: 1

Interior Features

Smoke Alarms: 1 Storage: 1 Walk-in Closet(s): 1

Property Condition

Updated/Remodeled: 1

Specialty Rooms

Laundry Room: 1 Other: 1

Building Style

Above Flood: No Ground Level: 1 Stories: 1 Story

Windows/Doors

French Doors: 1 Impact Rstnce Doors: 1 Single Hung Windows: 1

Vehicle Storage

Car(s): 2 Carport: 1 Auto Door Opener: 1 Off Street Parking: 1

Security

Electric Gate: 1

Construction

CBS: 1 Combo Construction: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Furnished: 1

Terms

Cash: 1 Conventional: 1

Utilities

FKAA: 1

Porch/Balcony

Patio: 1

Exterior Features

Fencing: 1 Privacy Wall/Fence: 1 Water Display: 1

Pool Info

In Ground: 1 Concrete: 1

Pre-Wired

Cable: 1

Roof

Other Roof: 1

Shutters

Panel: 1

Status Change Info

Contingent: None Status: Active

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: December - 13 - 2025
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.