508 Virginia Street, Key West, FL 33040
$4,750,000
Property Type:
Residential
Bedrooms:
3
Baths:
4
Square Footage:
2,281
Lot Size (sq. ft.):
6,824
Status:
Closed
Current Price:
$4,750,000
List Date:
7/27/2024
Last Modified:
12/17/2024
Overview
Description
...
(Read more)
This magnificent TRANSIENT rental property with two homes and a heated pool blends privacy with convenience. Nestled in historic Old Town and just steps from Duval Street, this 3 bedroom/3.5 bath complex has a strong rental history. Once home to iconic fashion designers, this gated haven will astonish you. To your right is the main single-story building which includes a king bedroom and large, sleek ensuite bath. Vaulted ceilings, skylights, exposed beams, and French doors surround the expansive open concept living room and dining room. The space is bathed in sunlight and perfect for entertaining. At the far end of the main building, you will find a spectacular stainless steel commercial kitchen with a vaulted ceiling and outdoor views. Equipped with prep areas, an island, cabinetry, a double sink, and an oversized gas range with hood, you have everything you need to prepare meals or parties for large groups. A personal Chef would be delighted to cook in this kitchen. As you move out onto the covered porch, you will enjoy indoor-outdoor living at its finest. With easy access to the pool, you can spend your afternoon relaxing outdoors. The porch provides a respite from the sun and an area for al fresco dining. The two-story home at the rear of the property stacks two spacious bedrooms with ensuite baths and seating areas. Each is complemented with either a balcony or covered porch overlooking the pool. Guests or extended family can mingle around the gorgeous outdoor area or retreat to their own private spaces. Both homes surround the large pool with the convenience of an outdoor shower. The complex's stunning tropical lush landscaping and privacy fencing offers a tranquil oasis including off-street parking, a rare amenity in Key West. From here you can walk to Higgs Beach, the Southernmost Point and the shops and restaurants on Duval Street. This opportunity to own a transient rental property in an ideal location won't last long. Call today for a private showing!
Listing Details MLS# 610908
Location, Tax & Legal
- Street #
- 508
- Street Name
- Virginia
- Street Suffix
- Street
- Key/Island
- Key West
- State/Province
- FL
- Zip Code
- 33040
- County
- Monroe
- Subdivision
- Old Town - Unlisted (1.0)
- Area
- 02 - Key West
- KW Neighborhood
- Old Town-S of Truman
- City
- KEY WEST
- Off Shore Island
- No
- Mile Marker
- 1
- Marathon Neighborhood
- N/A
- Side
- Median
- Flood Zone
- X
- Alternate Key #
- 1028517
- Parcel #
- 00027740-000000
- Zoning
- HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl
- Deed Restrictions
- Unknown
- Legal
- KW SUBS 8 AND 10 PT LOT 3 SQR 5 TR 11 G37-82/83 OR130-272/74 OR343-76/77 OR1043-2178 OR1077-2042/43 OR1078-1560/61 OR111
- Taxes
- 29028.73
- Tax Year
- 2023
- 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
- 1945
- Lot SqFt
- 6824
- Lot Sqft Source
- Property Data Card
- Acres
- 0.16
- Living Apx SqFt
- 2281
- SqFt Source
- Property Data Card
- Total Bedrooms
- 3
- Full Baths
- 3
- Half Baths
- Yes
- Total Baths
- 4
- Rentals Allowed
- Yes
- Control Depth
- 0
Status Change Info
- Sold Date
- 2024-12-17
Association Info
- Mandatory Home Owners Asc
- No
- 1st Right of Refusal
- No
- Association Fee $
- 0
License Info
- # of City License
- Yes
- # of County License
- Yes
- Transient Rntl Licns
- Yes
More Information
Building Style
- Above Flood
- Yes
Pool Info
- Heated
- Yes
- In Ground
- Yes
- Salt Water
- Yes
Financial Status
- Standard Sale
- Yes
Remarks & Misc
- Remarks – Consumer
- This magnificent TRANSIENT rental property with two homes and a heated pool blends privacy with convenience. Nestled in historic Old Town and just steps from Duval Street, this 3 bedroom/3.5 bath complex has a strong rental history. Once home to iconic fashion designers, this gated haven will astonish you. To your right is the main single-story building which includes a king bedroom and large, sleek ensuite bath. Vaulted ceilings, skylights, exposed beams, and French doors surround the expansive open concept living room and dining room. The space is bathed in sunlight and perfect for entertaining. At the far end of the main building, you will find a spectacular stainless steel commercial kitchen with a vaulted ceiling and outdoor views. Equipped with prep areas, an island, cabinetry, a double sink, and an oversized gas range with hood, you have everything you need to prepare meals or parties for large groups. A personal Chef would be delighted to cook in this kitchen. As you move out onto the covered porch, you will enjoy indoor-outdoor living at its finest. With easy access to the pool, you can spend your afternoon relaxing outdoors. The porch provides a respite from the sun and an area for al fresco dining. The two-story home at the rear of the property stacks two spacious bedrooms with ensuite baths and seating areas. Each is complemented with either a balcony or covered porch overlooking the pool. Guests or extended family can mingle around the gorgeous outdoor area or retreat to their own private spaces. Both homes surround the large pool with the convenience of an outdoor shower. The complex's stunning tropical lush landscaping and privacy fencing offers a tranquil oasis including off-street parking, a rare amenity in Key West. From here you can walk to Higgs Beach, the Southernmost Point and the shops and restaurants on Duval Street. This opportunity to own a transient rental property in an ideal location won't last long. Call today for a private showing!
Fee Includes
- None
- Yes
Dockage
- None
- Yes
Tax Exemptions
- None
- Yes
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Gas Appliances
- Yes
- Ice Machine
- Yes
- Microwave
- Yes
- Oven
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Stainless Steel Appliance(s)
- Yes
- Washer
- Yes
- Wine Cooler
- Yes
Cooling
- Ceiling Fans(s)
- Yes
- Central Air
- Yes
- Ductless
- Yes
Heating
- Propane Stove
- Yes
Waterfront
- None
- Yes
Waterview
- No Waterview
- Yes
Floor
- Concrete
- Yes
- Tile
- Yes
- Wood
- Yes
Neighborhood Feature
- Beach
- Yes
Interior Features
- Cathedral Ceilings
- Yes
- Drapes/Blinds Incl
- Yes
- Fireplace(s)
- Yes
- Sky Light(s)
- Yes
- Smoke Alarms
- Yes
- Split Bedroom
- Yes
- Walk-in Closet(s)
- Yes
Specialty Rooms
- Laundry Room
- Yes
Windows/Doors
- French Doors
- Yes
Vehicle Storage
- Off Street Parking
- Yes
Construction
- Frame
- Yes
Land Size
- Less Than 1/4 Acre
- Yes
Furnished
- Furnished
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
Utilities
- Cable Available
- Yes
- FKAA
- Yes
- Municipal Sewer
- Yes
Porch/Balcony
- Deck
- Yes
- Open Porch/Balcony
- Yes
- Patio
- Yes
Title
- Negotiable
- Yes
Exterior Features
- Detached Guest Qtrs
- Yes
- Lighting
- Yes
- Outdoor Shower
- Yes
- Privacy Wall/Fence
- Yes
- Rain Gutters
- Yes
- Storage
- Yes
Roof
- Metal Roof
- Yes
Property Features
Fee Includes:
None
Tax Exemptions:
None
Waterfront:
None
Waterview:
No Waterview
Dockage:
None
Vehicle Storage:
Off Street Parking
Furnished:
Furnished
Cooling:
Ceiling Fans(s); Central Air; Ductless
Heating:
Propane Stove
Utilities:
Cable Available; FKAA; Municipal Sewer
Interior Features:
Cathedral Ceilings; Drapes/Blinds Incl; Fireplace(s); Sky Light(s); Smoke Alarms; Split Bedroom; Walk-in Closet(s)
Specialty Rooms:
Laundry Room
Appliances:
Dishwasher; Dryer; Gas Appliances; Ice Machine; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler
Exterior Features:
Detached Guest Qtrs; Lighting; Outdoor Shower; Privacy Wall/Fence; Rain Gutters; Storage
Pool Info:
In Ground; Salt Water
Construction:
Frame
Floor:
Concrete; Tile; Wood
Roof:
Metal Roof
Neighborhood Feature:
Beach
Land Size:
Less Than 1/4 Acre
Terms:
Cash; Conventional
Title:
Negotiable
Listing Office:
Brenda Donnelly Real Estate LLC
Last Updated: December - 17 - 2024
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.
