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1519 Florida Street, Key West, FL 33040

$2,685,000
Property Type: Residential Bedrooms: 9 Baths: 9 Square Footage: 4,037 Lot Size (sq. ft.): 11,264 Status: Closed
Current Price: $2,685,000 List Date: 2/21/2025 Last Modified: 5/16/2025

Overview

Description

PRICED TO SELL - This is a rare and exceptional opportunity! Land is at premium in Key West, and this expansive nearly 12,000 sq. ft. lot with not one but essentially 3 houses and room to grow, is an extraordinary find. Discover a balanced blend of Key West character, mid-century charm, and modern updates with this one-of-a-kind multi family compound. This property could not be more well designed for seclusion and private entertainment. Whether you're looking for a spacious primary residence, an income-producing property, a redevelopment opportunity, or a combination of all three, this is your drawing board. Once home to a beloved local artist, this award-winning property—recognized by the Old Island Restoration Foundation—is a nostalgic tribute to its time period. The current owner has preserved and enhanced its retro artistic flair, creating a truly unique ambiance that transports you back in time. Property Highlights: ✅ Three Separate units- Each with its own ...

Listing Details MLS# 613820

Location, Tax & Legal

Street #
1519
Street Name
Florida
Street Suffix
Street
Key/Island
Key West
State/Province
FL
Zip Code
33040
County
Monroe
Subdivision
Prog Land Imp Co Diag (2.0)
Area
03 - Key West
KW Neighborhood
Midtown West
City
KEY WEST
Mile Marker
2
Marathon Neighborhood
N/A
Side
Ocean
Flood Zone
AE
Alternate Key #
1059871
Handicap Access
Yes
Zoning
SF - Single Family
Deed Restrictions
No
Taxes
23902
Tax Year
2024
Pub Sewer HkUp
Yes

Contract Information

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

General Property Description

Realtor.COM Type
Residential - Single Family
Style
Multi-Units
Waterfront
No
Pool
Yes
Year Built
1958
Total Units
3
Lot SqFt
11264
Acres
0.15
Living Apx SqFt
4037
SqFt Source
Property Data Card
Total Bedrooms
9
Full Baths
7
Half Baths
2
Total Baths
9
Rentals Allowed
With Restrictions
Min Rental Days
28
Control Depth
0

Status Change Info

Sold Date
2025-05-16
Sold Comments
SHORT SALE

Association Info

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

License Info

# of City License
3
# of County License
3
Non Trans Rntl Lic
Yes

More Information

Building Style

Above Flood
Unknown
Stories
2 Stories
Split Level
Yes

Vehicle Storage

Car(s)
2
Carport
Yes
Covered Parking
Yes
Guest Parking
Yes
Open Parking
Yes
Off Street Parking
Yes
Trailer Storage
Yes

Financial Status

Bank Owned
No
Potential Short Sale
Yes

Remarks & Misc

Remarks – Consumer
PRICED TO SELL - This is a rare and exceptional opportunity! Land is at premium in Key West, and this expansive nearly 12,000 sq. ft. lot with not one but essentially 3 houses and room to grow, is an extraordinary find. Discover a balanced blend of Key West character, mid-century charm, and modern updates with this one-of-a-kind multi family compound. This property could not be more well designed for seclusion and private entertainment. Whether you're looking for a spacious primary residence, an income-producing property, a redevelopment opportunity, or a combination of all three, this is your drawing board. Once home to a beloved local artist, this award-winning property—recognized by the Old Island Restoration Foundation—is a nostalgic tribute to its time period. The current owner has preserved and enhanced its retro artistic flair, creating a truly unique ambiance that transports you back in time. Property Highlights: ✅ Three Separate units- Each with its own private access and gated tropical yard ✅ Main House (4 BD | 3.5 BA) - An open combo entertainment area overlooks a resort-style outdoor space featuring a stunning collection of mature and rare plant species, creating a lush, tropical sanctuary. At its heart, a luxurious heated pool basks in the sunshine by day and transforms into a glowing oasis by night, illuminated by soft ambient lighting. ✅ Second Unit (3 BD | 2 BA) - Exposed beam ceilings, skylights, and a serene outdoor shower. ✅ Third Unit (2 BD | 2 BA) - A cozy retreat with an expansive patio space ✅ Concrete Block Construction, Impact windows and doors for added security ✅ Off-Street Parking & Endless Storage - A rare convenience in Key West ✅ Only three blocks from the beach/pier and a short stroll to Old Town. This property is an entertainer's dream that must be seen in person to truly understand and appreciate all it has to offer.

Fee Includes

None
Yes

Dockage

None
Yes

Tax Exemptions

None
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Ice Machine
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
Ductless
Yes

Heating

Ductless
Yes

Waterfront

None
Yes

Waterview

No Waterview
Yes

Floor

Carpet
Yes
Combo
Yes
Laminate
Yes
Wood
Yes

Neighborhood Feature

Tennis Courts
Yes

Interior Features

Bar
Yes
Entrance Foyer
Yes
Fireplace(s)
Yes
Granite Counter Top
Yes
Pantry
Yes
Quartz Countertops
Yes
Security System
Yes
Sky Light(s)
Yes
Smoke Alarms
Yes
Storage
Yes
Walk-in Closet(s)
Yes
Window Treatments
Yes

Property Condition

Updated/Remodeled
Yes

Specialty Rooms

Utility Room
Yes
Workshop
Yes

Windows/Doors

Impact Rstnce Doors
Yes
Impact Rstnce Window
Yes
Other Windows/Doors
Yes
Sliding Glass Doors
Yes

Construction

Combo Construction
Yes
Concrete
Yes

Land Size

1/4 - 1/2 Acre
Yes

Furnished

Negotiable
Yes

Terms

Cash
Yes
Conventional
Yes

Utilities

FKAA
Yes

Porch/Balcony

Deck
Yes
Patio
Yes

Title

Negotiable
Yes

Exterior Features

Detached Guest Qtrs
Yes
Fruit Tree(s)
Yes
Outdoor Shower
Yes
Privacy Wall/Fence
Yes
Rain Gutters
Yes
Shed
Yes
Sprinkler System
Yes
Storage
Yes

Pool Info

In Ground
Yes
Concrete
Yes

Pre-Wired

Cable
Yes

Accessibility Feat

Parking
Yes
Wheelchair Ramp
Yes

Shutters

Accordion
Yes

GF-Interior Features

LED Lighting
Yes
Tankless Hot Wtr Htr
Yes

Property Features

Fee Includes: None Tax Exemptions: None License Info: Non Trans Rntl Lic Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Updated/Remodeled Building Style: Split Level Vehicle Storage: Carport; Covered Parking; Guest Parking; Off Street Parking; Open Parking; Trailer Storage Furnished: Negotiable Cooling: Ceiling Fans(s); Ductless Heating: Ductless Utilities: FKAA Interior Features: Bar; Entrance Foyer; Fireplace(s); Granite Counter Top; Pantry; Quartz Countertops; Security System; Sky Light(s); Smoke Alarms; Storage; Walk-in Closet(s); Window Treatments Pre-Wired: Cable Specialty Rooms: Utility Room; Workshop Appliances: Dishwasher; Disposal; Dryer; Ice Machine; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler Exterior Features: Detached Guest Qtrs; Fruit Tree(s); Outdoor Shower; Privacy Wall/Fence; Rain Gutters; Shed; Sprinkler System; Storage Accessibility Feat: Parking; Wheelchair Ramp Pool Info: In Ground; Concrete Construction: Combo Construction; Concrete Shutters: Accordion Floor: Carpet; Combo; Laminate; Wood Pets: Pets Allowed Neighborhood Feature: Tennis Courts Land Size: 1/4 - 1/2 Acre Terms: Cash; Conventional Title: Negotiable GF-Interior Features: LED Lighting; Tankless Hot Wtr Htr
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: May - 16 - 2025
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