1017 Margaret Street, Key West, FL 33040

$3,700,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 2,400 Lot Size (sq. ft.): 7,137 Status: Closed
Current Price: $3,700,000 List Date: 11/10/2023 Last Modified: 8/24/2024

Description

Elevate your lifestyle with this Tropical Modern retreat at 1017 Margaret Street in Old Town, Key West! Set in the X-Flood Zone with over 7,100SF of land, this private estate boasts an impressive 40' saltwater swimming pool and spa paired with multiple water features, award winning Craig Reynolds Landscape Architecture throughout, a stunning Indonesian Lava Rock outdoor shower, plus a separate historic guest cottage. This impressive property is highlighted by an unparalleled indoor outdoor lifestyle, exotic native palms and plants, custom poured concrete outdoor kitchen and dining, and a variety of covered and uncovered outdoor lounging areas to entertain and unwind. The 2 bedroom and 2.5 bathroom main home was built in 2001 and renovated, with no expense spared, from the ground up in 2020 while the historic Dade County Pine writer's cottage was built in 1899 and is lovingly restored and maintained. Every detail of the interior has been carefully curated and every room will take your breath away. Floor-to-ceiling glass doors open to enjoy the garden views and island breezes while a large living room awaits for lounging and entertainment. Amenities include a fully updated kitchen with custom Bremtown cabinetry and a Miele appliance package, smart home integration, automated Hunter Douglas window treatments, 24 inch Porcelain tile, and en suite bathrooms and private terraces from every bedroom. A spacious carport with storage and electric car charging included and ample on street parking for guests. This is the perfect house to escape, relax, and entertain. Conveniently located a few blocks from World Famous Duval Street and the island's best beaches. Schedule your private viewing today!

More Information MLS# 607369

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: $3,700,000 Listing Date: 2023-11-10 Sold Price: $3,700,000

Location, Tax & Legal

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-500 Alternate Key #: 1031020 Parcel #: 00030260-000000 Zoning: HMDR - Historic Medium Density Residential Deed Restrictions: No Legal: KW PT SQR 1 TR 12 E1-39 OR907-1009 OR997-2024 OR1394-343/45 OR1626-2313/14 OR1885-2477/79 OR2055-1284/85 OR2749-325/28 O Taxes: 13879.01 Tax Year: 2022 Pub Sewer HkUp: Yes Street #: 1017 Street Name: Margaret 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

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: No Control Depth: 0 Lot SqFt: 7137 Pool: Yes Lot Sqft Source: Tax Records Total Units: 1 SqFt Source: Builder/Architect Rentals Allowed: With Restrictions Min Rental Days: 30 Style: Single Family Year Built: 2001 Living Apx SqFt: 2400 Total Bedrooms: 4 Full Baths: 3 Half Baths: 1 Total Baths: 4

Remarks & Misc

Remarks – Consumer: Elevate your lifestyle with this Tropical Modern retreat at 1017 Margaret Street in Old Town, Key West! Set in the X-Flood Zone with over 7,100SF of land, this private estate boasts an impressive 40' saltwater swimming pool and spa paired with multiple water features, award winning Craig Reynolds Landscape Architecture throughout, a stunning Indonesian Lava Rock outdoor shower, plus a separate historic guest cottage. This impressive property is highlighted by an unparalleled indoor outdoor lifestyle, exotic native palms and plants, custom poured concrete outdoor kitchen and dining, and a variety of covered and uncovered outdoor lounging areas to entertain and unwind. The 2 bedroom and 2.5 bathroom main home was built in 2001 and renovated, with no expense spared, from the ground up in 2020 while the historic Dade County Pine writer's cottage was built in 1899 and is lovingly restored and maintained. Every detail of the interior has been carefully curated and every room will take your breath away. Floor-to-ceiling glass doors open to enjoy the garden views and island breezes while a large living room awaits for lounging and entertainment. Amenities include a fully updated kitchen with custom Bremtown cabinetry and a Miele appliance package, smart home integration, automated Hunter Douglas window treatments, 24 inch Porcelain tile, and en suite bathrooms and private terraces from every bedroom. A spacious carport with storage and electric car charging included and ample on street parking for guests. This is the perfect house to escape, relax, and entertain. Conveniently located a few blocks from World Famous Duval Street and the island's best beaches. Schedule your private viewing today!

Association Info

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

License Info

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 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

Heating

Electric: 1 Separate Meters: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Tile: 1 Wood: 1

Neighborhood Feature

Beach: 1 Bike Paths: 1 Community Pool: 1 Tennis Courts: 1

Interior Features

Bar: 1 Built-in Cabinets: 1 Cathedral Ceilings: 1 Drapes/Blinds Incl: 1 Pantry: 1 Security System: 1 Smoke Alarms: 1 Storage: 1 Walk-in Closet(s): 1

Property Condition

Updated/Remodeled: 1

Specialty Rooms

Guest/Servant Qtrs: Legal Other: 1

Building Style

Above Flood: Yes Conch: 1 Stories: 2 Stories

Windows/Doors

French Doors: 1

Vehicle Storage

Carport: 1 Covered Parking: 1 Off Street Parking: 1

Security

On Premises System: 1

Construction

Frame: 1 Hardi Board Siding: 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 FKAA: 1 Municipal Sewer: 1 Water Separate Meter: 1

Porch/Balcony

Deck: 1 Open Porch/Balcony: 1 Patio: 1

Title

Negotiable: 1

Exterior Features

Bar: 1 Built-in Grill: 1 Detached Guest Qtrs: 1 Fencing: 1 Hot Tub: 1 Lighting: 1 Outdoor Kitchen: 1 Outdoor Shower: 1 Privacy Wall/Fence: 1 Rain Gutters: 1 Sprinkler System: 1 Water Display: 1

Pool Info

In Ground: 1 Salt Water: 1 Concrete: 1 Dimensions: 32'x14' Decked: 1

Pre-Wired

Cable: 1 Surround Sound: 1

Roof

Metal Roof: 1

Financial Status

Auction: No Bank Owned: No Potential Short Sale: No Standard Sale: Yes

Shutters

Other: 1

Status Change Info

Sold Date: 2023-12-13 Sold Price: $3,700,000 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 Building Style: Conch Vehicle Storage: Carport; Covered Parking; Off Street Parking Furnished: Negotiable Cooling: Ceiling Fans(s); Central Air Heating: Separate Meters Utilities: Buyer to Verify; Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Interior Features: Bar; Built-in Cabinets; Cathedral Ceilings; Drapes/Blinds Incl; Pantry; Security System; Smoke Alarms; Storage; Walk-in Closet(s) Pre-Wired: Cable; Surround Sound Specialty Rooms: Other Appliances: Dishwasher; Disposal; Dryer; Freezer; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler Exterior Features: Bar; Built-in Grill; Detached Guest Qtrs; Fencing; Hot Tub; Lighting; Outdoor Kitchen; Outdoor Shower; Privacy Wall/Fence; Rain Gutters; Sprinkler System; Water Display Pool Info: In Ground; Salt Water; Concrete; Decked Construction: Frame; Hardi Board Siding Shutters: Other Floor: Tile; Wood Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Beach; Bike Paths; Community Pool; Tennis Courts Security: On Premises System Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; FHA; VA Title: Negotiable
Listing Office: Truman & Co. (KW)
Last Updated: August - 24 - 2024
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