Back to Results
Prev Next

1216 Margaret Street, KEY WEST, FL

$1,475,000 - 4 Beds - 6 Baths - 1,636 Sqft - .1 Acres

$120,000 Price Improvement since last on the market! Meet the new Island twins, ''Island Retreat'' and ''Island Hideaway''. Don't miss this rare opportunity to own a Duplex in Old Town, X-flood Zone, with 2 off street parking spots, private tropical courtyards and not 1 but 2 private pools! Both homes are fully renovated, restored with love and expanded with new construction under architectural supervision, done with perfection and master craftsmanship. Each unit has 2 bedrooms and 2.5 bathrooms featuring 13' vaulted ceilings, custom cabinetry, high end finishes, central a/c, impact sliding doors & windows, oak floors, quartz, custom tiles, metal roof and pool with superior, pebbletec finish. All furniture. Come see these remarkable tropical cottages in the heart of our island!The duplex has transfer switch and is ready for a generator hook up for each unit. This ideal location is within easy walking or biking distance to everything island life offers including the historic seaport, world class dining, shopping and museums. You can live in one cottage while generating income from the other or just get a cash flow from both. There is a brief history of vacation rental income and all future bookings conveys. Vacation Rental Projection available upon request.

Essential Information

For 1216 Margaret Street, KEY WEST, FL
  • MLS® # 587541
  • Price $1,475,000
  • Bedrooms 4
  • Bathrooms 6.00
  • Full Baths 4
  • Half Baths 2
  • Square Footage 1,636
  • Acres 0.10
  • Year Built 1943
  • Type Residential
  • Sub-Type Duplex
  • Status Active

Community Information

For 1216 Margaret Street, KEY WEST, FL
  • Address 1216 Margaret Street
  • Area 02 - Key West
  • Subdivision Investment Co Sub (1.0)
  • City KEY WEST
  • County Monroe
  • State FL
  • Zip Code 33040

Amenities

For 1216 Margaret Street, KEY WEST, FL
  • Parking Spaces 2
  • Parking Off Street Parking
  • View No Waterview
  • Waterfront None
  • Has Pool Yes
  • Pool Decked, In Ground

Utilities

For 1216 Margaret Street, KEY WEST, FL

Buyer to Verify, Elect Separate Meter, FKAA, Municipal Sewer, Water Separate Meter

Interior

For 1216 Margaret Street, KEY WEST, FL

Interior Features

For 1216 Margaret Street, KEY WEST, FL

Cathedral Ceilings, Quartz Countertops

Appliances

For 1216 Margaret Street, KEY WEST, FL

Dishwasher, Dryer, Freezer, Microwave, Oven, Range, Refrigerator, Stainless Steel Appl, Washer

Heating

For 1216 Margaret Street, KEY WEST, FL

Ceiling Fans, Central A/C, Heat

Exterior

For 1216 Margaret Street, KEY WEST, FL
  • Lot Description Less Than 1/4 Acre
  • Windows Impact Rstnce Window
  • Construction CBS, Combo Construction, Frame

Exterior Features

For 1216 Margaret Street, KEY WEST, FL

Fencing, Landscape Lighting, Outdoor Shower, Privacy Wall/Fence

Additional Information

For 1216 Margaret Street, KEY WEST, FL
  • Date Listed October 1st, 2019
  • Days on Market 43
  • HOA Fees 0.00

Zoning

For 1216 Margaret Street, KEY WEST, FL

HMDR - Historic Medium Density Residential

Listing Details

For 1216 Margaret Street, KEY WEST, FL
  • Agent Miriam Novotny
  • Office Vacasa Florida, LLC

Similar Listings Properties for Sale Similar to 1216 Margaret Street, KEY WEST, FL

$1,400,000
 

512 Catherine Street, KEY WEST

3 Beds, 2 Baths, 1,800 SqFt
Iconic History, coveted location, and a chance of lifetime to restore a true Key West treasure where Mario Sanchez crafted his world famous carvings. *Located in the transient license receiver zone.
Coastal Collection Real Estate Inc.
$1,200,000
 

408 Virginia Street, KEY WEST

4 Beds, 2 Baths, 1,986 SqFt
Duplex located in the heart of Old Town Key West, within one block of world-famous Duval Street. The property's central location offers the perfect jumping-off point for everything Key West has to offer, including watersports, fishing, and theater that cannot be duplicated elsewhere in the world. Each unit of the duplex offers two bedrooms and one bathroom. The property was updated with granite counter-tops and maintains its original Dade County
Ocean Sotheby's International Realty

The information being provided by the Florida Keys MLS is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.