1121 Margaret Street, Key West, FL 33040

$3,625,000
Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 3,000 Lot Size (sq. ft.): 5,243 Status: Closed
Current Price: $3,625,000 List Date: 4/12/2022 Last Modified: 8/24/2024

Description

Once home to the historic Molina's Bakery, this contemporary masterpiece now meets modern island residential paradise. Located in the heart of Old Town Key West, this four-bedroom, three full and two half-bathroom residence embodies art and culture throughout. This home is perfect for a weekend getaway or full-time residence, complete with an open floor plan, immaculate attention to detail, and split living quarters. Step outdoors into the spacious and meticulously private, side meditation courtyard or relish in your idyllic back yard with a heated pool, water feature, outdoor shower, lush landscaping and maintenance free deck. This home also features new hurricane-rated impact windows and doors, a flawlessly designed kitchen with quartz countertops, stainless steel appliances, polished concrete flooring throughout, and a laundry room leading to a sizable, private garage. Fourth bedroom is set up as a convenient separate lockout studio apartment and there is also an additional former artist's studio that can serve as a fifth bedroom or possible additional lockout apartment with its own entrance. This fine property was designed and previously owned by a renowned, local architect.

More Information MLS# 600529

Contract Information

Listing Board: Key West Association Current Price: $3,625,000 Listing Date: 2022-04-12 Sold Price: $3,625,000

Location, Tax & Legal

KW Neighborhood: Old Town-S of Truman City: KEY WEST Mile Marker: 1 Marathon Neighborhood: N/A Side: Median Flood Zone: 0.2 PCT ANNUAL CHANC Alternate Key #: 1030741 Parcel #: 00029990-000000 Zoning: HHDR - Historic High Density Residential Deed Restrictions: Unknown Legal: KW INVESTMENT CO SUB PB 1-49 LOT 3 SQR 6 TR 12 OR563-333 OR1064-2072/73 OR1064-2074 OR1127-788/789C/T OR1164-664/66 OR27 Taxes: 9877.08 Tax Year: 2021 Pub Sewer HkUp: Yes Street #: 1121 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: 5243 Pool: Yes Total Units: 0 Acres: 0.12 SqFt Source: Survey Rentals Allowed: Yes Min Rental Days: 28 Style: Single Family Year Built: 1948 Living Apx SqFt: 3000 Total Bedrooms: 4 Full Baths: 3 Half Baths: 2 Total Baths: 5

Remarks & Misc

Remarks – Consumer: Once home to the historic Molina's Bakery, this contemporary masterpiece now meets modern island residential paradise. Located in the heart of Old Town Key West, this four-bedroom, three full and two half-bathroom residence embodies art and culture throughout. This home is perfect for a weekend getaway or full-time residence, complete with an open floor plan, immaculate attention to detail, and split living quarters. Step outdoors into the spacious and meticulously private, side meditation courtyard or relish in your idyllic back yard with a heated pool, water feature, outdoor shower, lush landscaping and maintenance free deck. This home also features new hurricane-rated impact windows and doors, a flawlessly designed kitchen with quartz countertops, stainless steel appliances, polished concrete flooring throughout, and a laundry room leading to a sizable, private garage. Fourth bedroom is set up as a convenient separate lockout studio apartment and there is also an additional former artist's studio that can serve as a fifth bedroom or possible additional lockout apartment with its own entrance. This fine property was designed and previously owned by a renowned, local architect.

Association Info

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

License Info

Transient Rntl Licns: No

Fee Includes

None: 1

Dockage

None: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Range: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Central Air: 1 Ductless: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Concrete: 1

Interior Features

Built-in Cabinets: 1 Entrance Foyer: 1 Quartz Countertops: 1 Walk-in Closet(s): 1 Window Treatments: 1

Property Condition

Updated/Remodeled: 1

Specialty Rooms

Guest/Servant Qtrs: Legal

Building Style

Above Flood: Yes Stories: 1 Story

Windows/Doors

Impact Rstnce Doors: 1 Impact Rstnce Window: 1

Vehicle Storage

Car(s): 1 Garage: 1 Attached: 1

Construction

CBS: 1 Concrete: 1 Hardi Board Siding: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Negotiable: 1

Terms

Cash: 1 Conventional: 1 VA: 1

Utilities

Cable Available: 1 Elect Separate Meter: 1 FKAA: 1 Municipal Sewer: 1 Water Separate Meter: 1

Porch/Balcony

Deck: 1

Title

Negotiable: 1

Exterior Features

Fencing: 1 Outdoor Shower: 1 Privacy Wall/Fence: 1 Storage: 1 Water Display: 1

Pool Info

In Ground: 1 Concrete: 1 Decked: 1

Pre-Wired

Cable: 1

Status Change Info

Sold Date: 2022-05-13 Sold Price: $3,625,000 Status: Closed

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Updated/Remodeled Vehicle Storage: Garage; Attached Furnished: Negotiable Cooling: Central Air; Ductless Utilities: Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Interior Features: Built-in Cabinets; Entrance Foyer; Quartz Countertops; Walk-in Closet(s); Window Treatments Pre-Wired: Cable Appliances: Dishwasher; Dryer; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Fencing; Outdoor Shower; Privacy Wall/Fence; Storage; Water Display Pool Info: In Ground; Concrete; Decked Construction: CBS; Concrete; Hardi Board Siding Floor: Concrete Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; VA Title: Negotiable
Listing Office: Ocean Sotheby's International Realty
Last Updated: August - 24 - 2024
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