701 Elizabeth Street, Key West, FL 33040
$1,912,500
Property Type:
Residential
Bedrooms:
3
Baths:
3
Square Footage:
1,804
Lot Size (sq. ft.):
2,738
Status:
Closed
Current Price:
$1,912,500
List Date:
5/09/2023
Last Modified:
8/25/2024
Description
701 Elizabeth Street is an iconic, architecturally designed residence located at the highest elevation point in Old Town Key West, also known as Solares Hill. Designed by renowned architect Thomas E. Pope and built in 1984, this tropical home includes a beautifully updated 2-story residence including two bedrooms and two bathrooms, as well as an attached 3-story, one bedroom and one bathroom guest house with soaring 26 foot ceilings. If you anticipate having company, this home may work for you more than you can imagine. The legal three story guest house could serve as an excellent private suite for your company or an income producing rental. Everything is separated from the main part of the house so your company can come and go uninterrupted!
Well sited on a corner lot, the exterior features tropical landscaping and lighting, a custom heated pool, IPE decking, an outdoor shower, and off-street parking. Enter the main home to discover an open floor plan highlighted by 10 foot ceilings, Dade County Pine flooring, large windows with louvered shutters, and the living and dining rooms are complete with views of the pool and garden. The open kitchen has custom cabinetry, updated fixture, and a user friendly layout. Just off the kitchen is a guest bathroom as well as a laundry room with its own entrance. Heading upstairs you will find the large primary room boasting 14ft Cathedral ceilings, a wall of windows with tree top views, and an updated primary bathroom. The second floor also includes the light and airy guest bedroom.
More Information MLS# 603798
Contract Information
Listing Board: Key West Association
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No
Current Price: $1,912,500
Listing Date: 2023-01-16
Sold Price: $1,912,500
Location, Tax & Legal
KW Neighborhood: Old Town-N of Truman
City: KEY WEST
Off Shore Island: No
Mile Marker: 1
Marathon Neighborhood: N/A
Side: Median
Flood Zone: X-500
Alternate Key #: 1019780
Parcel #: 00019100-000000
Zoning: HHDR - Historic High Density Residential
Deed Restrictions: No
Legal: KW PT LOTS 24-25-26 OF TR 5 RR-152 OR389-527/28 OR547-292 OR547-364/65 OR683-542 OR685-228 OR752-1236/37 OR891-2145 OR96
Taxes: 6484.64
Tax Year: 2021
Pub Sewer HkUp: Yes
Street #: 701
Street Name: Elizabeth
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Old Town - Unrecord (1.0)
Area: 01 - Key West
General Property Description
Realtor.COM Type: Residential - Single Family
Waterfront: No
Control Depth: 0
Lot SqFt: 2738
Pool: Yes
Lot Sqft Source: Builder/Architect
SqFt Source: Builder/Architect
Rentals Allowed: With Restrictions
Style: Single Family
Year Built: 1984
Living Apx SqFt: 1804
Total Bedrooms: 3
Full Baths: 3
Total Baths: 3
Remarks & Misc
Remarks – Consumer: 701 Elizabeth Street is an iconic, architecturally designed residence located at the highest elevation point in Old Town Key West, also known as Solares Hill. Designed by renowned architect Thomas E. Pope and built in 1984, this tropical home includes a beautifully updated 2-story residence including two bedrooms and two bathrooms, as well as an attached 3-story, one bedroom and one bathroom guest house with soaring 26 foot ceilings. If you anticipate having company, this home may work for you more than you can imagine. The legal three story guest house could serve as an excellent private suite for your company or an income producing rental. Everything is separated from the main part of the house so your company can come and go uninterrupted!
Well sited on a corner lot, the exterior features tropical landscaping and lighting, a custom heated pool, IPE decking, an outdoor shower, and off-street parking. Enter the main home to discover an open floor plan highlighted by 10 foot ceilings, Dade County Pine flooring, large windows with louvered shutters, and the living and dining rooms are complete with views of the pool and garden. The open kitchen has custom cabinetry, updated fixture, and a user friendly layout. Just off the kitchen is a guest bathroom as well as a laundry room with its own entrance. Heading upstairs you will find the large primary room boasting 14ft Cathedral ceilings, a wall of windows with tree top views, and an updated primary bathroom. The second floor also includes the light and airy guest bedroom.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
License Info
# of City License: 1
Non Trans Rntl Lic: 1
Fee Includes
None: 1
Dockage
None: 1
Tax Exemptions
Homestead: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Freezer: 1
Gas Appliances: 1
Microwave: 1
Oven: 1
Range: 1
Refrigerator: 1
Stainless Steel Appliance(s): 1
Washer: 1
Wine Cooler: 1
Pets
Pets Allowed: 1
Cooling
Ceiling Fans(s): 1
Central Air: 1
Wall/Window Unit(s): 1
Heating
Electric: 1
Propane: 1
Separate Meters: 1
Waterfront
None: 1
Waterview
No Waterview: 1
Floor
Wood: 1
Neighborhood Feature
Beach: 1
Bike Paths: 1
Interior Features
Built-in Cabinets: 1
Cathedral Ceilings: 1
Dade County Pine: 1
Pantry: 1
Pull Down Stairs: 1
Smoke Alarms: 1
Storage: 1
Walk-in Closet(s): 1
Window Treatments: 1
Property Condition
Updated/Remodeled: 1
Specialty Rooms
Laundry Room: 1
Building Style
Above Flood: Yes
Windows/Doors
French Doors: 1
Impact Rstnce Doors: 1
Single Hung Windows: 1
Wood Windows: 1
Vehicle Storage
Off Street Parking: 1
Construction
Frame: 1
Land Size
Less Than 1/4 Acre: 1
Furnished
Negotiable: 1
Terms
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Utilities
Buyer to Verify: 1
Cable Available: 1
Elect Separate Meter: 1
Municipal Sewer: 1
Propane: 1
Water Separate Meter: 1
Porch/Balcony
Deck: 1
Patio: 1
Title
Negotiable: 1
Exterior Features
Lighting: 1
Outdoor Shower: 1
Privacy Wall/Fence: 1
Rain Gutters: 1
Shed: 1
Sprinkler System: 1
Water Display: 1
Pool Info
In Ground: 1
Heated: Yes
Concrete: 1
Dimensions: 8x14
Pre-Wired
Cable: 1
Roof
Metal Roof: 1
Financial Status
Auction: No
Bank Owned: No
Potential Short Sale: No
Standard Sale: Yes
Shutters
Panel: 1
GF-Interior Features
Programmable Thermst: 1
Status Change Info
Sold Date: 2023-11-13
Sold Price: $1,912,500
Status: Closed
Property Features
Fee Includes: None
Tax Exemptions: Homestead
License Info: Non Trans Rntl Lic
Waterfront: None
Waterview: No Waterview
Dockage: None
Property Condition: Updated/Remodeled
Vehicle Storage: Off Street Parking
Furnished: Negotiable
Cooling: Ceiling Fans(s); Central Air; Wall/Window Unit(s)
Heating: Propane; Separate Meters
Utilities: Buyer to Verify; Cable Available; Elect Separate Meter; Municipal Sewer; Propane; Water Separate Meter
Interior Features: Built-in Cabinets; Cathedral Ceilings; Dade County Pine; Pantry; Pull Down Stairs; Smoke Alarms; Storage; Walk-in Closet(s); Window Treatments
Pre-Wired: Cable
Specialty Rooms: Laundry Room
Appliances: Dishwasher; Disposal; Dryer; Freezer; Gas Appliances; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler
Exterior Features: Lighting; Outdoor Shower; Privacy Wall/Fence; Rain Gutters; Shed; Sprinkler System; Water Display
Pool Info: In Ground; Concrete
Construction: Frame
Shutters: Panel
Floor: Wood
Roof: Metal Roof
Pets: Pets Allowed
Neighborhood Feature: Beach; Bike Paths
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional; FHA; VA
Title: Negotiable
GF-Interior Features: Programmable Thermst
Listing Office:
Truman & Co. (KW)
Last Updated: August - 25 - 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.
