308 Margaret St Unit 2 Key West, FL 33040
Old Town NeighborhoodEstimated payment $4,030/month
About This Home
This darling free standing cottage is part of a six unit condominium association. It feels more like a single family home as it is not attached to another property. Inside, the excellent floor plan provides lots of space to comfortably enjoy life in Key West. There is a light filled living / dining room, a well equipped kitchen, a full bath and a primary bedroom with tons of storage and a washer/dryer. The bright interior is fully furnished and creates a relaxed island atmosphere. A back door leads to a small patio where one can dine alfresco or just enjoy the breeze. The pool gets lots of sun and provides a nice place to spend the day. Just outside the compound all of Key West's sought after venues are within an easy walk. The harbour promenade is only a block away and one can easily stroll to Duval, shops, restaurants and entertainment. This charming cottage is in a perfect location for easy access to everything Key West has to offer. Being conveyed fully furnished and equipped, all one has to do is bring their suitcase and start enjoying life at 308 Margaret Street #2.
Map
Property Details
Home Type
Condominium
Est. Annual Taxes
$4,402
Year Built
1954
Lot Details
0
Listing Details
- Property Type: Residential
- Style: Condo
- First Right of Refusal: No
- Association Fee: 2600.00
- Mandatory HOA: Yes
- Contingent: Contingent/Show
- Fee Includes: Common Area Mnt
- Key Island: Key West
- K W Neighborhood: Old Town-N of Truman
- Limited Representation: No
- Marathon Neighborhood: N/A
- Mile Marker: 1.00
- M L S Identifier: 20060123165453488875000000
- Pets W Restrictions: YES
- Property Group I D: 19990816212109142258000000
- Side: Median
- State Province: FL
- Taxes: 4805.52
- Title: Title Ins - Seller
- Year Built: 1954
- Alternate Key Number: 9008275
- Building Style: Conch
- Cooling Heating: Ductless
- Lot Sq Ft: 4.00
- Pool Info: In Ground, Concrete
- Association Maintenance Fee Per: Yearly
- Association Info Condo Docs: Yes
- Shutters: Panel
- Tax Exemptions: None
- Building Style Above Flood: Unknown
- Building Style Stories: 1 Story
- Estimated Living Sq Ft: 420.00
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: UnderContract
- Property Sub Type: Condos
Interior Features
- Total Bathrooms: 1.00
- Full Bathrooms: 1
- Appliances: Washer, Range, Refrigerator, Dishwasher, Dryer
- Floor: Combo
- Total Bedrooms: 1
Exterior Features
- Dockage: None
- Waterfront: None
- Waterfront: No
- Construction: Frame
- Roof: Metal Roof
- Waterview: No Waterview
- Pool: Yes
Utilities
- Utilities: FKAA, Municipal Sewer
Lot Info
- Deed Restrictions: Yes
- Flood Zone: AE
- Parcel Number: 00003100-000302
- Land Size: Less Than 1/4 Acre
- Acres: 0.02
Rental Info
- Rentals Allowed: With Restrictions
Tax Info
- Tax Year: 2024
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $4,402 | $662,470 | $525,279 | $137,191 |
| 2023 | $4,402 | $582,865 | $456,764 | $126,101 |
| 2022 | $3,643 | $411,296 | $283,846 | $127,450 |
| 2021 | $3,432 | $348,430 | $239,979 | $108,451 |
| 2020 | $3,302 | $363,330 | $253,741 | $109,589 |
| 2019 | $2,931 | $291,991 | $231,378 | $60,613 |
| 2018 | $2,876 | $304,385 | $242,915 | $61,470 |
| 2017 | $2,738 | $291,311 | $0 | $0 |
| 2016 | $2,725 | $286,528 | $0 | $0 |
| 2015 | $2,624 | $272,445 | $0 | $0 |
| 2014 | $2,523 | $253,960 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/01/2025 11/01/25 | For Sale | $695,000 | -- | $1,655 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $198,700 | -- | |
| Deed | $209,000 | -- | |
| Deed | $205,000 | -- | |
| Warranty Deed | $222,000 | -- | |
| Warranty Deed | $390,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $220,000 | New Conventional | |
| Closed | $220,000 | New Conventional | |
| Previous Owner | $340,000 | New Conventional | |
| Previous Owner | $199,800 | New Conventional |
Source: Key West Association of REALTORS®
MLS Number: 617138
APN: 00003100-000302
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