508 Margaret Street, Key West, FL 33040

$3,700,000
Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 2,146 Lot Size (sq. ft.): 4,648 Status: Closed
Current Price: $3,700,000 List Date: 2/08/2024 Last Modified: 8/26/2024

Description

When location matters most, look no further. Located on one of the most sought-after blocks in Old Town, Key West. Recently renovated from top to bottom and complete with high end finishes, this spacious five bedroom and three and a half bathroom property sets the bar for quality and style in the Historic District of Key West. With a perfect fusion of luxury and island-style living, this impressive residence offers spacious manicured grounds, a front porch with second-level balcony, tropical landscaping and a private pool. A covered, outdoor bar equipped with sink, ice maker and beverage cooler, sits adjacent to the pool area, complete with bar-top seating — perfect for entertaining guests or gathering for watching the big game. Stepping inside the front door you will find hardwood floors throughout, and an entryway leading you towards a beautiful high end kitchen overlooking the resort-like backyard. The chef's kitchen is equipped with top-of-the-line stainless steel appliances, custom cabinetry, stone countertops, and a waterfall style kitchen island. You won't miss the Phillip Jeffries wall coverings in the living room, dining area, as well as the powder room! There are two guest bedrooms on the first floor. Upstairs, the luxurious master suite offers a spa-like bathroom and private outdoor access to a large balcony overlooking the backyard pool area. There are two additional guest bedrooms on the second floor as well as separate laundry area and a beautiful balcony overlooking historic Margaret Street. With its desirable location just a few blocks to Duval Street and the Historic Seaport area, luxurious amenities, and inviting atmosphere, this beautiful home is sure to be the envy of the neighborhood.

More Information MLS# 608625

Contract Information

Listing Board: Key West Association As is Rght to Inspct: Yes Species List: No Current Price: $3,700,000 Listing Date: 2024-02-08 Sold Price: $3,700,000

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: AE Alternate Key #: 1008516 Parcel #: 00008250-000000 Zoning: HHDR - Historic High Density Residential Deed Restrictions: Unknown Legal: KW PT LOT 2 SQR 47 OR169-526 OR897-184 OR935-1623 OR897-185 OR1303-1616 OR1303-1610 OR1303-1613 OR1377-1857 OR3143-437 O Taxes: 18266.51 Tax Year: 2023 Pub Sewer HkUp: Yes Street #: 508 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: 4648 Pool: Yes Lot Sqft Source: Property Data Card Total Units: 0 Acres: 0.11 SqFt Source: Property Data Card Rentals Allowed: With Restrictions Style: Single Family Year Built: 1915 Living Apx SqFt: 2146 Total Bedrooms: 5 Full Baths: 3 Half Baths: 1 Total Baths: 4

Remarks & Misc

Remarks – Consumer: When location matters most, look no further. Located on one of the most sought-after blocks in Old Town, Key West. Recently renovated from top to bottom and complete with high end finishes, this spacious five bedroom and three and a half bathroom property sets the bar for quality and style in the Historic District of Key West. With a perfect fusion of luxury and island-style living, this impressive residence offers spacious manicured grounds, a front porch with second-level balcony, tropical landscaping and a private pool. A covered, outdoor bar equipped with sink, ice maker and beverage cooler, sits adjacent to the pool area, complete with bar-top seating — perfect for entertaining guests or gathering for watching the big game. Stepping inside the front door you will find hardwood floors throughout, and an entryway leading you towards a beautiful high end kitchen overlooking the resort-like backyard. The chef's kitchen is equipped with top-of-the-line stainless steel appliances, custom cabinetry, stone countertops, and a waterfall style kitchen island. You won't miss the Phillip Jeffries wall coverings in the living room, dining area, as well as the powder room! There are two guest bedrooms on the first floor. Upstairs, the luxurious master suite offers a spa-like bathroom and private outdoor access to a large balcony overlooking the backyard pool area. There are two additional guest bedrooms on the second floor as well as separate laundry area and a beautiful balcony overlooking historic Margaret Street. With its desirable location just a few blocks to Duval Street and the Historic Seaport area, luxurious amenities, and inviting atmosphere, this beautiful home is sure to be the envy of the neighborhood.

Status Change Info

Sold Comments: Thanks Tammy!!! Sold Date: 2024-03-05 Sold Price: $3,700,000 Status: Closed

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

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Gas Appliances: 1 Microwave: 1 Oven: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1 Wine Cooler: 1

Pets

Pets Allowed: 1

Cooling

Ductless: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Tile: 1 Wood: 1

Interior Features

Dade County Pine: 1 Drapes/Blinds Incl: 1 Smoke Alarms: 1 Tray Ceilings: 1 Walk-in Closet(s): 1 Wet Bar: 1 Window Treatments: 1

Property Condition

Updated/Remodeled: 1

Specialty Rooms

Laundry Room: 1

Building Style

Above Flood: Unknown Stories: 2 Stories

Vehicle Storage

Off Street Parking: 1

Construction

Frame: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Furnished: 1

Terms

Cash: 1 Conventional: 1

Utilities

Cable Available: 1 FKAA: 1 Propane: 1

Porch/Balcony

Deck: 1 Roof Top Deck: 1

Title

Negotiable: 1

Exterior Features

Bar: 1 Detached Guest Qtrs: 1 Gazebo: 1 Outdoor Shower: 1 Rain Gutters: 1

Pool Info

In Ground: 1 Concrete: 1

Roof

Metal Roof: 1

Financial Status

Standard Sale: Yes

Shutters

Other: 1

Property Features

Fee Includes: None Tax Exemptions: None License Info: Non Trans Rntl Lic Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Updated/Remodeled Vehicle Storage: Off Street Parking Furnished: Furnished Cooling: Ductless Utilities: Cable Available; FKAA; Propane Interior Features: Dade County Pine; Drapes/Blinds Incl; Smoke Alarms; Tray Ceilings; Walk-in Closet(s); Wet Bar; Window Treatments Specialty Rooms: Laundry Room Appliances: Dishwasher; Dryer; Gas Appliances; Microwave; Oven; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler Exterior Features: Bar; Detached Guest Qtrs; Gazebo; Outdoor Shower; Rain Gutters Pool Info: In Ground; Concrete Construction: Frame Shutters: Other Floor: Tile; Wood Roof: Metal Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash; Conventional Title: Negotiable
Listing Office: Saltwater Real Estate Florida Keys, Inc
Last Updated: August - 26 - 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.