522 Margaret Street, Key West, FL 33040

$2,750,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,415 Lot Size (sq. ft.): 3,235 Status: Closed
Current Price: $2,750,000 List Date: 11/20/2024 Last Modified: 5/08/2025

Description

Welcome to The Chavez House, a beautiful 3-bedroom, 2 bath transient rental home proudly listed on the National Register of Historic Places. With a solid rental history, this property is a fantastic investment opportunity in the heart of the historic seaport neighborhood. Upon entering, you're greeted by a bright and inviting family room bathed in natural light—an ideal space for intimate conversations and gatherings. The main floor features a spacious primary en-suite bedroom with king-size accommodations, accentuated by Dade County pine walls and a thoughtfully designed bath with dual sinks, a tub/shower combination, and a separate pedestal sink room. The inviting dining area comfortably seats six and offers an option for outdoor dining on the lanai, creating an authentic island experience. The lanai, complete with a vaulted ceiling and tropical fan, serves as an excellent gathering spot for family and friends. The kitchen features a convenient breakfast bar for four, stainless steel appliances, white quartz countertops, and a vaulted shiplap-style ceiling. French doors lead to a private pool area where you can relax in the heated pool, surrounded by lush tropical landscaping. Ascend the beautiful wrap-around staircase to discover two additional queen bedrooms on the second floor, each featuring unique elements such as barn doors, vaulted ceilings, and ceiling fans. The shared bathroom includes a vanity sink and tub/shower combination, ensuring comfort for all guests. Located in vibrant Old Town, The Chavez House, is just a short stroll from the allure of Duval Street, the Key West Cemetery, and the Historic Seaport district. With its proven rental history, this Transient ensures the potential for lucrative income and offers a serene escape. Don't miss your chance to own The Chavez House—where historic charm meets modern living. Schedule your showing today!

More Information MLS# 612344

Contract Information

Listing Board: Key West Association Bank Owned: No Current Price: $2,750,000 Listing Date: 2024-11-20 Sold Price: $2,750,000

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: AE,0.2 PCT ANNUAL CH Alternate Key #: 1008397 Parcel #: 00008130-000000 Zoning: HHDR - Historic High Density Residential Deed Restrictions: Unknown Legal: KW PT LOT 1 SQR 47 OR575-261 OR575-263 OR865-2392 OR1118-2130/31 OR1183-1357/58 OR1200-1193/94 OR2375-1921 OR2719-197/98 Taxes: 15915.82 Tax Year: 2023 Pub Sewer HkUp: Yes Street #: 522 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: 3235 Pool: Yes Lot Sqft Source: Tax Records Total Units: 0 Acres: 0.07 SqFt Source: Tax Records Rentals Allowed: Yes Style: Single Family Year Built: 1870 Living Apx SqFt: 1415 Total Bedrooms: 3 Full Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: Welcome to The Chavez House, a beautiful 3-bedroom, 2 bath transient rental home proudly listed on the National Register of Historic Places. With a solid rental history, this property is a fantastic investment opportunity in the heart of the historic seaport neighborhood. Upon entering, you're greeted by a bright and inviting family room bathed in natural light—an ideal space for intimate conversations and gatherings. The main floor features a spacious primary en-suite bedroom with king-size accommodations, accentuated by Dade County pine walls and a thoughtfully designed bath with dual sinks, a tub/shower combination, and a separate pedestal sink room. The inviting dining area comfortably seats six and offers an option for outdoor dining on the lanai, creating an authentic island experience. The lanai, complete with a vaulted ceiling and tropical fan, serves as an excellent gathering spot for family and friends. The kitchen features a convenient breakfast bar for four, stainless steel appliances, white quartz countertops, and a vaulted shiplap-style ceiling. French doors lead to a private pool area where you can relax in the heated pool, surrounded by lush tropical landscaping. Ascend the beautiful wrap-around staircase to discover two additional queen bedrooms on the second floor, each featuring unique elements such as barn doors, vaulted ceilings, and ceiling fans. The shared bathroom includes a vanity sink and tub/shower combination, ensuring comfort for all guests. Located in vibrant Old Town, The Chavez House, is just a short stroll from the allure of Duval Street, the Key West Cemetery, and the Historic Seaport district. With its proven rental history, this Transient ensures the potential for lucrative income and offers a serene escape. Don't miss your chance to own The Chavez House—where historic charm meets modern living. Schedule your showing today! Directions: Located between Fleming Street and Southard Street.

Association Info

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

License Info

Transient Rntl Licns: Yes

Fee Includes

None: 1

Dockage

None: 1

Tax Exemptions

None: 1

Appliances

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

Cooling

Ceiling Fans(s): 1 Ductless: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Tile: 1 Wood: 1

Interior Features

Cathedral Ceilings: 1 Dade County Pine: 1 Quartz Countertops: 1 Sky Light(s): 1

Specialty Rooms

Laundry Room: 1

Building Style

Above Flood: Unknown Eyebrow: 1 Stories: 2 Stories

Windows/Doors

Wood Windows: 1

Construction

Frame: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Furnished: 1

Terms

Cash: 1 Conventional: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Deck: 1 Open Porch/Balcony: 1

Title

Negotiable: 1

Exterior Features

Fencing: 1 Lanai: 1 Privacy Wall/Fence: 1

Pool Info

In Ground: 1 Heated: Yes

Roof

Metal Roof: 1

Financial Status

Bank Owned: No Standard Sale: Yes

Shutters

Bahama: 1 Panel: 1

Status Change Info

Sold Date: 2025-05-08 Sold Price: $2,750,000 Status: Closed

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Building Style: Eyebrow Furnished: Furnished Cooling: Ceiling Fans(s); Ductless Utilities: FKAA; Municipal Sewer Interior Features: Cathedral Ceilings; Dade County Pine; Quartz Countertops; Sky Light(s) Specialty Rooms: Laundry Room Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Fencing; Lanai; Privacy Wall/Fence Pool Info: In Ground Construction: Frame Shutters: Bahama; Panel Floor: Tile; Wood Roof: Metal Roof Land Size: Less Than 1/4 Acre Terms: Cash; Conventional Title: Negotiable
Listing Office: Brenda Donnelly Real Estate LLC
Last Updated: May - 08 - 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.