732 Olivia Street, Key West, FL 33040

$825,000
Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 510 Lot Size (sq. ft.): 2,550 Status: Contingent/Show
Current Price: $825,000 List Date: 11/14/2025 Last Modified: 12/15/2025

Description

Unlock the charm and potential of Old Town Key West living! Tucked away in the heart of Old Town, just a few blocks from world-famous Duval Street, 732 Olivia Street offers a rare opportunity to own a charming piece of Key West history. This one-bedroom, one-bath cottage with a versatile loft has been lovingly held by the same owner for over 45 years. Situated on a generous sized lot, the property invites you to bring your vision and create your own island retreat. Whether you're dreaming of a cozy getaway or a full renovation, the potential here is undeniable. Adding to the appeal, the home includes a 1/10 ownership in a shared 10-space parking area, conveniently accessible through the rear gate. Located in the desirable X flood zone, this home combines historic charm, prime location, and unique perks, making it an exceptional find in the heart of Key West. Don't miss out, schedule your private showing today and start your next chapter in Key West!

More Information MLS# 617321

Contract Information

Listing Board: Key West Association As is Rght to Inspct: Yes Current Price: $825,000 Listing Date: 2025-11-13 List Price: $825,000

Location, Tax & Legal

KW Neighborhood: Old Town-N of Truman City: KEY WEST Mile Marker: 1 Marathon Neighborhood: N/A Side: Median Flood Zone: 0.2 PCT ANNUAL CHANC Alternate Key #: 1021318 Parcel #: 00020570-000000 Zoning: HHDR - Historic High Density Residential Deed Restrictions: Unknown Legal: LOT 8 KW CARLETONS COMPOUND PB5-58 & 1/10TH INT PRIVATE ROAD OR307-480 OR612-603 OR613-594 OR755-647 OR755-1513 OR792-2/ Taxes: 7098.91 Tax Year: 2024 Pub Sewer HkUp: Yes Street #: 732 Street Name: Olivia Street Suffix: Street Key/Island: Key West State/Province: FL Zip Code: 33040 County: Monroe Subdivision: Carletons Compound (1.0) Area: 01 - Key West

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: No Control Depth: 0 Lot SqFt: 2550 Pool: No Lot Sqft Source: Tax Records Total Units: 0 Acres: 0.06 SqFt Source: Tax Records Rentals Allowed: With Restrictions Min Rental Days: 28 Style: Single Family Year Built: 1938 Living Apx SqFt: 510 Total Bedrooms: 1 Full Baths: 1 Total Baths: 1

Remarks & Misc

Remarks – Consumer: Unlock the charm and potential of Old Town Key West living! Tucked away in the heart of Old Town, just a few blocks from world-famous Duval Street, 732 Olivia Street offers a rare opportunity to own a charming piece of Key West history. This one-bedroom, one-bath cottage with a versatile loft has been lovingly held by the same owner for over 45 years. Situated on a generous sized lot, the property invites you to bring your vision and create your own island retreat. Whether you're dreaming of a cozy getaway or a full renovation, the potential here is undeniable. Adding to the appeal, the home includes a 1/10 ownership in a shared 10-space parking area, conveniently accessible through the rear gate. Located in the desirable X flood zone, this home combines historic charm, prime location, and unique perks, making it an exceptional find in the heart of Key West. Don't miss out, schedule your private showing today and start your next chapter in Key West!

Association Info

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

Fee Includes

None: 1

Dockage

None: 1

Tax Exemptions

None: 1

Appliances

Range: 1 Refrigerator: 1

Pets

Pets Allowed: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Wood: 1

Property Condition

Fixer Upper: 1

Building Style

Above Flood: Yes

Vehicle Storage

Car(s): 1 Off Street Parking: 1

Construction

Frame: 1

Land Size

Less Than 1/4 Acre: 1

Terms

Cash: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Open Porch/Balcony: 1 Screened Patio: 1

Exterior Features

Fencing: 1

Roof

Metal Roof: 1

Financial Status

Auction: No

Status Change Info

Contingent: Contingent/Show Status: Contingent/Show

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Fixer Upper Vehicle Storage: Off Street Parking Utilities: FKAA; Municipal Sewer Appliances: Range; Refrigerator Exterior Features: Fencing Construction: Frame Floor: Wood Roof: Metal Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash
Listing Office: Island Life Realty Experts
Last Updated: December - 15 - 2025
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