$675,000

409 Margaret St Unit 202 / B Key West, FL 33040

Old Town Neighborhood

Estimated payment $3,952/month

Total Views 24,355
2 Beds
1 Bath
643 Sq Ft
$1,050 Price per Sq Ft

About This Home

Close to the Historic Seaport, restaurants, art galleries, and more!. Recently renovated, this 2 bedroom, 1 bath condo has high impact windows and door, washer/ dryer, tankless hot water heater, new flooring, kitchen, mini splits, appliances, and is being sold furnished! Prime Old Town location, walk or bike to everything! This is easy island living- close to everything, and no need for a car.

Listing Agent

Elaine Coyle

Keller Williams Key West Compass Realty License #704304 Listed on: 11/23/2025

Keller Williams Key West Compass Realty

Map

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,650

Year Built

1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 755.00
  • Mandatory HOA: Yes
  • Fee Includes: Water, Common Area Mnt, Building Insurance
  • 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: 60.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Side: Median
  • State Province: FL
  • Taxes: 4732.61
  • Title: Negotiable
  • Year Built: 1933
  • Alternate Key Number: 9085540
  • Cooling Heating: Ductless
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 643.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Refrigerator, Dryer
  • Floor: Combo
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00005621-000200
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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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

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 $4,650 $557,857 -- --
2023 $4,650 $541,609 $0 $0
2022 $4,448 $525,834 $0 $525,834
2021 $3,355 $334,271 $0 $334,271
2020 $3,341 $334,271 $0 $334,271
2019 $3,304 $327,344 $0 $327,344
2018 $2,473 $269,639 $0 $0
2017 $2,458 $264,094 $0 $0
2016 $2,522 $258,663 $0 $0
2015 $2,572 $256,865 $0 $0
2014 $2,263 $177,532 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/23/2025 11/23/25 For Sale $675,000 +69.2% $1,050 / Sq Ft
08/24/2018 08/24/18 Sold $399,000 -11.1% $621 / Sq Ft View Prior Sale
07/18/2018 07/18/18 Pending -- -- --
03/13/2018 03/13/18 For Sale $449,000 +40.8% $698 / Sq Ft
08/15/2014 08/15/14 Sold $319,000 0.0% $496 / Sq Ft View Prior Sale
08/01/2014 08/01/14 Pending -- -- --
06/16/2014 06/16/14 For Sale $319,000 -- $496 / Sq Ft
Source: Key West Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $399,000 First Intl Title Inc
Interfamily Deed Transfer -- Attorney
Quit Claim Deed $61,800 Attorney
Warranty Deed $190,000 First American Title Ins Co
Warranty Deed $195,000 Chicago Title Of The Florida
Interfamily Deed Transfer -- None Available
Warranty Deed $343,000 Chicago Title Of The Fl Keys
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $228,000 New Conventional
Previous Owner $123,500 New Conventional
Previous Owner $39,000 Stand Alone Second
Previous Owner $312,000 New Conventional
Previous Owner $291,550 New Conventional
Source: Public Records

Source: Key West Association of REALTORS®

MLS Number: 617433

Key West Association of REALTORS®

APN: 00005621-000200