$800,000
SOLD APR 3, 2025

306 Olivia St Key West, FL 33040

Old Town Neighborhood
2 Beds
2 Baths
557 Sq Ft
6,142 Sq Ft Lot

Recently Sold

$1,436 Per Sq Ft

9% Below List Price

15 Days on Market

About This Home

As of April 2025

Looking For Backup Offers!!!Welcome to your dream getaway! This enchanting conch cottage is just two blocks from Duval Street, featuring a delightful pool house that enhances its charm with a desirable off street parking space. A true Slice of Paradise featuring high ceilings with exposed beams and trapezoid transom windows create an airy, open atmosphere. Modern upgrades include a beautifully updated kitchen and baths, complete with stainless steel appliances, including a gas stove, composite counters, and stylish cabinetry. A cozy loft area serves as extra sleeping space for kids or guests and offers incredible climate-controlled storage.The fabulous outdoor space under canvas extends your living area and is prepped for an outdoor TV, perfect for entertaining. Gorgeous shared pool adorned with distinctive mosaic tiles that reflect the tropical colors of the sand and sea. The pool house includes a full-size futon, half bath, and a private outdoor shower ideal for guests who appreciate their own space. A rear shed and brick pavers provide extra storage options alongside the house.Square footage does not include loft (Approx. 120sf) and detached Pool House (Approx. 80sf). Low monthly HOA fees, an X-flood Zone designation, and insurance mitigations like hurricane-rated storm shutters make this a smart choice for Old Town living. Located just steps from the iconic Hemingway House, Blue Heaven, and Truman Annex, this cottage offers the perfect blend of comfort and convenience. Don't miss out on this exceptional opportunity!

Last Agent to Sell the Property

Bobby Coe

RE/MAX Keys Connection (KW) License #3428120 Listed on: 02/26/2025

RE/MAX Keys Connection (KW)

Co-Listed By

Ronald Hammer

Key West Properties (KW) License #368405

Last Buyer's Agent

Bobby Coe IV

Coastal Collection Real Estate Inc. License #3428120

Home Details

Home Type

Single Family

Year Built

1933

Lot Details

6,142 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Association Fee: 275.00
  • Mandatory HOA: Yes
  • Fee Includes: Common Area Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Fire Hydrant
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 3773.75
  • Title: Negotiable
  • Year Built: 1933
  • Alternate Key Number: 9034037
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Shutters: Panel
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 557.00
  • Pool Info Other Material: Mosaic Tile
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Appliances: Washer, Stainless Steel Appliance(s), Gas Appliances, Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Laminate
  • Half Bathrooms: 1
  • Specialty Rooms: Loft
  • Windows/Doors: Double Hung Windows
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Shed, Detached Guest Qtrs
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Elect Separate Meter, Water Separate Meter, Buyer to Verify, Municipal Sewer
  • Heating: Forced Air

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00014830-000101
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2025
Closed on
Apr 2, 2025
Sold by
Jolly Craig L
Bought by
Jentsch Sheri Ann
Seller's Agent
Bobby Coe
RE/MAX Keys Connection (KW)
Buyer's Agent
Bobby Coe
RE/MAX Keys Connection (KW)
List Price
$875,000
Sold Price
$800,000
Premium/Discount to List
-$75,000
-8.57%
Views
314
Current Estimated Value
$755,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,774
Avg. Annual Appreciation
-5.76%
Original Mortgage
$600,000
Outstanding Balance
$595,866
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$159,360

Purchase Details

Listed on
Oct 23, 2014
Closed on
Mar 16, 2015
Sold by
Miles William H and Poirier Michelle C
Bought by
Jolly Craig L
Seller's Agent
Michele Grahl
Compass Realty (KW)
Buyer's Agent
Ronald Hammer
Key West Properties (KW)
List Price
$499,000
Sold Price
$453,500
Premium/Discount to List
-$45,500
-9.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%

Purchase Details

Closed on
Mar 26, 2003
Sold by
Lassel Wilhelm and Lassel Diana L
Bought by
Miles William H and Poirier Michelle C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,300
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $800,000 None Listed On Document
Warranty Deed $453,500 None Available
Warranty Deed $380,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 New Conventional
Previous Owner $90,300 Purchase Money Mortgage
Closed $100,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/03/2025 04/03/25 Sold $800,000 -8.6% $1,436 / Sq Ft
03/13/2025 03/13/25 Pending -- -- --
02/26/2025 02/26/25 For Sale $875,000 +92.9% $1,571 / Sq Ft
03/16/2015 03/16/15 Sold $453,500 -9.1% $694 / Sq Ft View Prior Sale
03/16/2015 03/16/15 Pending -- -- --
10/23/2014 10/23/14 For Sale $499,000 -- $764 / Sq Ft
Source: Key West Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,774 $655,322 -- $655,322
2024 $3,705 $441,419 -- --
2023 $3,705 $428,563 $0 $0
2022 $3,542 $416,081 $0 $0
2021 $3,609 $403,963 $0 $403,963
2020 $3,548 $398,386 $0 $398,386
2019 $3,494 $389,430 $0 $389,430
2018 $3,553 $389,430 $0 $0
2017 $3,608 $389,430 $0 $0
2016 $3,734 $383,372 $0 $0
2015 -- $298,385 $0 $0
2014 $2,660 $298,385 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bobby Coe

    Seller's Agent in 2025

    Bobby Coe

    RE/MAX

    (305) 363-9665

    37 in this area

    128 Total Sales

    Bobby Coe
    Section Image

  • R

    Seller Co-Listing Agent in 2025

    Ronald Hammer

    Key West Properties (KW)

    (772) 284-2981

    2 in this area

    6 Total Sales

    Ronald Hammer
    Section Image

  • B

    Buyer's Agent in 2025

    Bobby Coe IV

    Coastal Collection Real Estate Inc.

  • M

    Seller's Agent in 2015

    Michele Grahl

    Compass Realty (KW)

See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 613892

Key West Association of REALTORS®

APN: 00014830-000101

Florida Monroe County Key West 33040 Old Town

306 Olivia St, Key West, FL

Sold

Detached

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Key West Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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