517 Elizabeth Street, Key West, FL 33040

$3,750,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 2,173 Lot Size (sq. ft.): 5,254 Status: Closed
Current Price: $3,750,000 List Date: 8/10/2025 Last Modified: 10/20/2025

Description

Welcome to 517 Elizabeth Street, located in one of the most prestigious neighborhoods on the island, and in the heart of Old Town Key West. This 4 bedroom, 4 bathroom home offers the perfect combination of Key West charm and tropical living. Just two blocks from the famous Duval Street, and three blocks from Historic Seaport, this home is in prime walking distance to endless opportunities. The first floor consists of a mixed-use office space accompanied by an expansive master bedroom equipped with a spacious walk-in closet and a newly renovated en suite, double vanity bathroom. The beautiful kitchen flows into an open floor plan with an additional ½ bath, living room, and dining room. Multiple sets of sliding glass doors lead out to an outdoor living area and pool complete with a waterfall. Completely redesigned by Craig Reynolds, the backyard lends a quiet escape with lush foliage providing 360° of privacy, and a secluded outdoor shower for rinsing off the salty Key West air. The second floor boasts 3 bedrooms, 1 ½ baths, and a large street- facing balcony, making it perfect to host family and friends. Other notable features: Off-street parking, large enough to fit both a car and golf cart. This home is located in X flood zone. Call for your private showing today!

More Information MLS# 616104

Contract Information

Listing Board: Key West Association Current Price: $3,750,000 Listing Date: 2025-08-10 Sold Price: $3,750,000

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: X Alternate Key #: 1009067 Parcel #: 00008800-000000 Zoning: HMDR - Historic Medium Density Residential Deed Restrictions: Unknown Legal: KW PT LT 3 SQR 48 OR11-178/79 OR2553-1792/93 OR2559-750/53 OR2563-1611/13 OR2566-1086/87 OR2566-1088/91 OR2630-155/56 OR Taxes: 23693.1 Tax Year: 2024 Pub Sewer HkUp: Yes Street #: 517 Street Name: Elizabeth 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: 5254 Pool: Yes Lot Sqft Source: Property Data Card Total Units: 0 Acres: 0.12 SqFt Source: Property Data Card Rentals Allowed: With Restrictions Min Rental Days: 28 Style: Single Family Year Built: 1953 Living Apx SqFt: 2173 Total Bedrooms: 4 Full Baths: 2 Half Baths: 2 Total Baths: 4

Remarks & Misc

Remarks – Consumer: Welcome to 517 Elizabeth Street, located in one of the most prestigious neighborhoods on the island, and in the heart of Old Town Key West. This 4 bedroom, 4 bathroom home offers the perfect combination of Key West charm and tropical living. Just two blocks from the famous Duval Street, and three blocks from Historic Seaport, this home is in prime walking distance to endless opportunities. The first floor consists of a mixed-use office space accompanied by an expansive master bedroom equipped with a spacious walk-in closet and a newly renovated en suite, double vanity bathroom. The beautiful kitchen flows into an open floor plan with an additional ½ bath, living room, and dining room. Multiple sets of sliding glass doors lead out to an outdoor living area and pool complete with a waterfall. Completely redesigned by Craig Reynolds, the backyard lends a quiet escape with lush foliage providing 360° of privacy, and a secluded outdoor shower for rinsing off the salty Key West air. The second floor boasts 3 bedrooms, 1 ½ baths, and a large street- facing balcony, making it perfect to host family and friends. Other notable features: Off-street parking, large enough to fit both a car and golf cart. This home is located in X flood zone. Call for your private showing today!

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 Disposal: 1 Dryer: 1 Freezer: 1 Microwave: 1 Oven: 1 Refrigerator: 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

Combo: 1 Tile: 1 Vinyl: 1 Wood: 1

Interior Features

Built-in Cabinets: 1 Dade County Pine: 1 Fire Sprinkler: 1 Pantry: 1 Smoke Alarms: 1 Storage: 1 Walk-in Closet(s): 1

Property Condition

Updated/Remodeled: 1

Specialty Rooms

Laundry Room: 1

Building Style

A-Frame: 1 Above Flood: Yes Stories: 2 Stories

Windows/Doors

Impact Rstnce Doors: 1 Other Windows/Doors: 1 Sliding Glass Doors: 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 FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Open Porch/Balcony: 1 Patio: 1

Title

Negotiable: 1

Exterior Features

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

Pool Info

In Ground: 1 Salt Water: 1 Heated: Yes Concrete: 1

Roof

Metal Roof: 1

Shutters

Panel: 1

Status Change Info

Sold Date: 2025-10-20 Sold Price: $3,750,000 Status: Closed

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Updated/Remodeled Building Style: A-Frame Vehicle Storage: Off Street Parking Furnished: Negotiable Cooling: Ceiling Fans(s); Central Air Heating: Central Utilities: Buyer to Verify; FKAA; Municipal Sewer Interior Features: Built-in Cabinets; Dade County Pine; Fire Sprinkler; Pantry; Smoke Alarms; Storage; Walk-in Closet(s) Specialty Rooms: Laundry Room Appliances: Dishwasher; Disposal; Dryer; Freezer; Microwave; Oven; Refrigerator; Washer Exterior Features: Fencing; Outdoor Shower; Privacy Wall/Fence; Water Display Pool Info: In Ground; Salt Water; Concrete Construction: Frame Shutters: Panel Floor: Combo; Tile; Vinyl; Wood Roof: Metal Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; FHA; VA Title: Negotiable
Listing Office: Expert Realty LLC (HQ)
Last Updated: October - 20 - 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.