515 Petronia Street, KEY WEST, FL

$1,400,000

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2

Beds

2

Baths

1,200

Square feet

0.07

Acres

About 515 Petronia Street

Introducing 515 Petronia Street, a rare Old Town offering where refined island living aligns with proven investment fundamentals. Ideally positioned between Simonton and Duval Streets, this 2-bedroom, 2-bath residence places Key West's most iconic dining, shopping, and nightlife just steps away, while maintaining a private, resort-style atmosphere.A gated entry opens to a tranquil poolside courtyard, setting the tone for seamless indoor-outdoor living. French doors connect the living spaces to the outdoors, and each bedroom enjoys access to its own private patio.The kitchen features custom wood cabinetry, granite countertops, & stainless steel appliances including a gas range. Bathrooms are updated with clean, contemporary finishes, dual vanities with vessel sinks, polished chrome fixtures, & discreetly integrated in-unit laundry.The fully enclosed backyard retreat serves as the home's centerpiece, anchored by a recently resurfaced swimming pool, multiple lounge areas, and an expansive covered outdoor bar and entertaining pavilion complete with refrigeration, mounted televisions, and ambient lighting. Mature palms and tropical landscaping provide exceptional privacy and a true resort-style setting.The property benefits from high-quality, low-maintenance improvements, including a 2018 roof with Berridge Victorian metal shingles, Hardie plank siding, and Azek decking. A rare advantage in Old Town, two off-street parking spaces enhance both convenience and long-term desirability. An established professional vacation management program is already in place, offering a seamless transition for buyers seeking immediate income with minimal operational involvement.Whether held as a refined second home, a professionally managed asset, or a strategic blend of both, 515 Petronia Street represents a compelling Old Town acquisition defined by location, scarcity, quality construction, and enduring value.

Features of 515 Petronia Street

MLS® # 618308
Price $1,400,000
Bedrooms 2
Bathrooms 2.00
Full Baths 2
Square Footage 1,200
Acres 0.07
Year Built 1968
Type Residential
Sub-Type Single Family
Status Contingent

Community Information

Address 515 Petronia Street
Area 01 - Key West
Subdivision Old Town - Unrecord (1.0)
City KEY WEST
County Monroe
State FL
Zip Code 33040

Amenities

Utilities FKAA, Municipal Sewer
Parking Spaces 3
Parking Off Street Parking
View No Waterview
Is Waterfront No
Waterfront None
Has Pool Yes
Pool In Ground, Concrete

Interior

Appliances Washer, Stainless Steel Appliance(s), Gas Appliances, Disposal, Microwave, Range, Refrigerator, Dishwasher, Dryer
Cooling Central Air, Ceiling Fans(s)
Fireplace No
Stories 1 Story

Exterior

Exterior Features Bar, Storage, Fencing
Lot Description Less Than 1/4 Acre
Windows French Doors
Roof Metal Roof
Construction Frame, Hardi Board Siding

Additional Information

Date Listed January 26th, 2026
Days on Market 45
Zoning HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentTommy Mack
OfficeCoastal Collection Real Estate Inc.

Listing Map

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