$3,999,000
OPEN SUN 12PM - 3PM

Estimated payment $23,716/month

Total Views 984
4 Beds
4 Baths
2,173 Sq Ft
$1,840 Price per Sq Ft

About This Home

Welcome to 517 Elizabeth Street, located in one of the most prestigious neighborhoods on the island, and in the heart of Old Town Key West. This 4 bedroom, 4 bathroom home offers the perfect combination of Key West charm and tropical living. Just two blocks from the famous Duval Street, and three blocks from Historic Seaport, this home is in prime walking distance to endless opportunities. The first floor consists of a mixed-use office space accompanied by an expansive master bedroom equipped with a spacious walk-in closet and a newly renovated en suite, double vanity bathroom. The beautiful kitchen flows into an open floor plan with an additional 1/2 bath, living room, and dining room. Multiple sets of sliding glass doors lead out to an outdoor living area and pool complete with a waterfall. Completely redesigned by Craig Reynolds, the backyard lends a quiet escape with lush foliage providing 360 of privacy, and a secluded outdoor shower for rinsing off the salty Key West air. The second floor boasts 3 bedrooms, 1 1/2 baths, and a large street- facing balcony, making it perfect to host family and friends. Other notable features: Off-street parking, large enough to fit both a car and golf cart. This home is located in X flood zone. Call for your private showing today!

Listing Agent

Mason Kelly

Expert Realty LLC (HQ) License #3627786 Listed on: 08/10/2025

Open House Schedule

Map

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,852

Year Built

1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • 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
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Median
  • State Province: FL
  • Taxes: 23693.10
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1953
  • Alternate Key Number: 1009067
  • Building Style: A-Frame
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 5254.00
  • Pool Info: In Ground, Concrete, Salt Water
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: No
  • Estimated Living Sq Ft: 2173.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: OpenHouse
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Pantry, Walk-in Closet(s), Storage, Smoke Alarms, Fire Sprinkler, Dade County Pine, Built-in Cabinets
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Appliances: Washer, Freezer, Disposal, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Combo, Wood, Vinyl
  • Half Bathrooms: 2
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Doors, Other Windows/Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Water Display, Privacy Wall/Fence, Outdoor Shower
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Parcel Number: 00008800-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2024

Range of Values:

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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 $21,852 $2,898,779 $1,607,724 $1,291,055
2023 $21,852 $2,620,674 $1,378,190 $1,242,484
2022 $18,999 $2,248,041 $1,044,233 $1,203,808
2021 $20,178 $2,255,353 $772,338 $1,483,015
2020 $18,626 $2,084,329 $766,427 $1,317,902
2019 $17,859 $1,978,498 $807,803 $1,170,695
2018 $17,502 $1,896,899 $711,260 $1,185,639
2017 $17,341 $1,925,354 $0 $0
2016 $16,587 $1,716,732 $0 $0
2015 $15,255 $1,487,491 $0 $0
2014 $16,377 $1,535,395 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2025 08/10/25 For Sale $3,999,000 +56.8% $1,840 / Sq Ft
01/29/2021 01/29/21 Sold $2,550,000 +2.0% $1,173 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $2,500,000 +29.9% $1,150 / Sq Ft
05/21/2013 05/21/13 Sold $1,925,000 -10.4% $840 / Sq Ft
05/21/2013 05/21/13 Pending -- -- --
03/22/2013 03/22/13 For Sale $2,148,000 +186.4% $938 / Sq Ft
04/23/2012 04/23/12 Sold $750,000 -3.2% $327 / Sq Ft
03/29/2012 03/29/12 Pending -- -- --
03/26/2012 03/26/12 For Sale $775,000 -- $338 / Sq Ft
Source: Key West Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,550,000 Trinity Title & Trust Llc
Quit Claim Deed -- Attorney
Interfamily Deed Transfer -- Attorney
Trustee Deed $1,925,000 Attorney
Warranty Deed $750,000 None Available
Quit Claim Deed $100 --
Quit Claim Deed $100 --
Quit Claim Deed $100 --
Quit Claim Deed -- None Available
Personal Reps Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,550,000 New Conventional
Previous Owner $458,250 Credit Line Revolving
Previous Owner $250,000 Balloon
Source: Public Records

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Source: Key West Association of REALTORS®

MLS Number: 616104

Key West Association of REALTORS®

APN: 00008800-000000