326 Caroline Street, Key West, FL 33040

$6,995,000
Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 4,279 Lot Size (sq. ft.): 13,407 Status: Contingent/Show
Current Price: $6,995,000 List Date: 10/16/2025 Last Modified: 11/25/2025

Description

GRAND KEY OASIS is the epitome of luxurious island living, featuring two separate homes connected by a covered pavilion. This fabulous compound is being offered fully furnished with the main house just completely redecorated at a cost of over $100,000. The interior design will leave you marveling at the attention to detail and the sheer luxury of every room. You'll notice from the moment you enter that there's no shortage of 'grand' touches throughout this luxurious home. The living area of the main house is large enough for your whole family to gather comfortably. Everyone has a seat to watch your favorite show or the big game on the large Flat Screen TV, or simply kick back and relax in your lush surroundings. The guest house also has a living area on the second floor, giving those guests a comfortable space to relax and enjoy. Both living areas have a bathroom conveniently located nearby. The property includes a large garage for two vehicles, plus gated parking for two more...unheard of in Old Town. However, the real showstopper of GRAND KEY OASIS is the backyard, complete with one of the largest private swimming pools in Key West. The pool area, which gets plenty of sun all day long, will undoubtedly be a primary gathering spot for your group. Privacy is in abundance as the entire pool area is fenced in and surrounded by lush tropical landscaping. Spend your days swimming laps in the spacious pool or relaxing poolside in the many chaise lounges that line the deck. When you're ready to escape the sun, grab a cool drink at the outdoor covered bar complete with a huge 80'' flat screen TV. Fire up the propane grill and enjoy a BBQ using the outdoor dining set. BEST OF ALL, THIS HOME CAN BE RENTED MONTHLY WITH GROSS ANNUAL INCOME OF $300,000 OR MORE, AND STILL LEAVE PLENTY OF TIME FOR YOUR OWN FAMILY TO ENJOY IT.

More Information MLS# 616897

Contract Information

Listing Board: Key West Association As is Rght to Inspct: Yes Bank Owned: No Species List: No Current Price: $6,995,000 Listing Date: 2025-10-16 List Price: $6,995,000

Location, Tax & Legal

KW Neighborhood: Truman Annex City: KEY WEST Off Shore Island: No Mile Marker: 1 Marathon Neighborhood: N/A Side: Median Flood Zone: AE,0.2 PCT ANNUAL CH Alternate Key #: 8745915 Handicap Access: No Parcel #: 00004590-000902 Zoning: HPRD - Hist Planned Redevelopment & Dev Dist Deed Restrictions: Unknown Legal: KW PT LOT 3 SQR 26 (A/K/A LOTS 107 & 108) OR1079-2209/2211 OR1079-2206/2208 OR1100-223/226 OR1558-60/61 OR3104-0755 Taxes: 43519.96 Tax Year: 2024 Pub Sewer HkUp: Yes Street #: 326 Street Name: Caroline 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 Size: .31 acres Lot SqFt: 13407 Pool: Yes Lot Sqft Source: Property Data Card Total Units: 0 Acres: 0.31 SqFt Source: Property Data Card Rentals Allowed: With Restrictions Min Rental Days: 30 Style: Single Family Year Built: 1989 Living Apx SqFt: 4279 Total Bedrooms: 5 Full Baths: 5 Half Baths: 1 Total Baths: 6

Remarks & Misc

Remarks – Consumer: GRAND KEY OASIS is the epitome of luxurious island living, featuring two separate homes connected by a covered pavilion. This fabulous compound is being offered fully furnished with the main house just completely redecorated at a cost of over $100,000. The interior design will leave you marveling at the attention to detail and the sheer luxury of every room. You'll notice from the moment you enter that there's no shortage of 'grand' touches throughout this luxurious home. The living area of the main house is large enough for your whole family to gather comfortably. Everyone has a seat to watch your favorite show or the big game on the large Flat Screen TV, or simply kick back and relax in your lush surroundings. The guest house also has a living area on the second floor, giving those guests a comfortable space to relax and enjoy. Both living areas have a bathroom conveniently located nearby. The property includes a large garage for two vehicles, plus gated parking for two more...unheard of in Old Town. However, the real showstopper of GRAND KEY OASIS is the backyard, complete with one of the largest private swimming pools in Key West. The pool area, which gets plenty of sun all day long, will undoubtedly be a primary gathering spot for your group. Privacy is in abundance as the entire pool area is fenced in and surrounded by lush tropical landscaping. Spend your days swimming laps in the spacious pool or relaxing poolside in the many chaise lounges that line the deck. When you're ready to escape the sun, grab a cool drink at the outdoor covered bar complete with a huge 80'' flat screen TV. Fire up the propane grill and enjoy a BBQ using the outdoor dining set. BEST OF ALL, THIS HOME CAN BE RENTED MONTHLY WITH GROSS ANNUAL INCOME OF $300,000 OR MORE, AND STILL LEAVE PLENTY OF TIME FOR YOUR OWN FAMILY TO ENJOY IT.

Association Info

Mandatory Home Owners Asc: Yes Voluntary Home Owners Asc: No 1st Right of Refusal: Yes Condo Doc's: Yes Assoc Approval Req: Yes Association Fee $: 925 Assoc/Mnt Fee Per: Quarterly

License Info

Non Trans Rntl Lic: 1 Transient Rntl Licns: No

Fee Includes

Common Area Mnt: 1 Security: 1 Other: 1

Dockage

None: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Freezer: 1 Ice Machine: 1 Microwave: 1 Oven: 1 Range: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1

Heating

Central: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Wood: 1

Interior Features

Bar: 1 Built-in Cabinets: 1 Fireplace(s): 1 Granite Counter Top: 1 Pantry: 1 Quartz Countertops: 1 Smoke Alarms: 1 Storage: 1 Wet Bar: 1 Window Treatments: 1

Building Style

Above Flood: Unknown Stories: 2 Stories

Windows/Doors

Double Hung Windows: 1 Glass Doors: 1

Vehicle Storage

Car(s): 4+ Garage: 1 Off Street Parking: 1

Security

Electric Gate: 1

Construction

Frame: 1

Land Size

1/4 - 1/2 Acre: 1

Furnished

Furnished: 1

Terms

Cash: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Porch/Balcony

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

Exterior Features

Bar: 1 Outdoor Kitchen: 1

Pool Info

In Ground: 1 Heated: Yes

Pre-Wired

Cable: 1

Roof

Metal Roof: 1

Financial Status

Bank Owned: No

Shutters

Panel: 1

Status Change Info

Contingent: Contingent/Show Status: Contingent/Show

Property Features

Fee Includes: Common Area Mnt; Security; Other Tax Exemptions: None License Info: Non Trans Rntl Lic Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Garage; Off Street Parking Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Heating: Central Utilities: FKAA; Municipal Sewer Interior Features: Bar; Built-in Cabinets; Fireplace(s); Granite Counter Top; Pantry; Quartz Countertops; Smoke Alarms; Storage; Wet Bar; Window Treatments Pre-Wired: Cable Appliances: Dishwasher; Disposal; Dryer; Freezer; Ice Machine; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Bar; Outdoor Kitchen Pool Info: In Ground Construction: Frame Shutters: Panel Floor: Wood Roof: Metal Roof Pets: Pets Allowed Security: Electric Gate Land Size: 1/4 - 1/2 Acre Terms: Cash
Listing Office: Last Key Realty, Inc (KW)
Last Updated: November - 25 - 2025
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.