609 1/2 Margaret St Key West, FL 33040
Old Town NeighborhoodEstimated payment $4,932/month
About This Home
Great location in the heart of Old Town, just off Southard Street. This updated single family home features an open floor plan with living area, dining area and kitchen. The full bath on the first floor is updated and features a shower and the washer/dryer. The open staircase has a high ceiling and leads to the bedroom and full bath on the second floor. Enjoy a peaceful wraparound-covered porch just off the bedroom. There is also a small courtyard that is very private and has enough room for grilling and chilling out in the Key West lifestyle.
Listing Agent
Keller Williams Key West Compass Realty License #BK3386409 Listed on: 03/20/2025
Map
Home Details
Home Type
Single Family
Est. Annual Taxes
$6,117
Year Built
1938
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
- Pets: Pets Allowed
- Property Group I D: 19990816212109142258000000
- Side: Median
- State Province: FL
- Taxes: 6475.38
- Title: Negotiable
- Year Built: 1938
- Alternate Key Number: 8644604
- Cooling Heating: Wall/Window Unit(s), Ceiling Fans(s)
- Lot Sq Ft: 785.00
- Porch Balcony: Open Porch/Balcony, Patio
- Association Info Condo Docs: No
- Tax Exemptions: None
- Building Style Above Flood: Unknown
- Estimated Living Sq Ft: 884.00
- Property Condition: Updated/Remodeled
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: None
- Property Sub Type: Detached
Interior Features
- Total Bathrooms: 2.00
- Full Bathrooms: 2
- Appliances: Washer, Stainless Steel Appliance(s), Microwave, Range, Refrigerator, Dryer
- Floor: Tile, Wood, Vinyl
- Windows/Doors: Double Hung Windows, Wood Windows, French Doors
- Total Bedrooms: 1
Exterior Features
- Dockage: None
- Waterfront: None
- Waterfront: No
- Construction: Frame
- Exterior Features: Privacy Wall/Fence
- Roof: Metal Roof
- Waterview: No Waterview
- Pool: No
Utilities
- Utilities: FKAA, Municipal Sewer
Lot Info
- Deed Restrictions: Unknown
- Flood Zone: AE
- Parcel Number: 00011280-000200
- Land Size: Less Than 1/4 Acre
- Acres: 0.02
Rental Info
- Rentals Allowed: With Restrictions
- Furnished: Negotiable
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 | $6,117 | $850,828 | $431,672 | $419,156 |
| 2023 | $6,117 | $813,883 | $415,069 | $398,814 |
| 2022 | $4,967 | $547,760 | $265,644 | $282,116 |
| 2021 | $3,289 | $330,425 | $174,052 | $156,373 |
| 2020 | $3,031 | $304,809 | $158,280 | $146,529 |
| 2019 | $2,783 | $268,257 | $149,425 | $118,832 |
| 2018 | $2,733 | $257,837 | $137,249 | $120,588 |
| 2017 | $2,792 | $259,593 | $0 | $0 |
| 2016 | $2,840 | $250,392 | $0 | $0 |
| 2015 | $2,909 | $249,553 | $0 | $0 |
| 2014 | $2,846 | $233,600 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/10/2025 10/10/25 | Price Changed | $839,000 | -4.6% | $949 / Sq Ft | |
| 05/15/2025 05/15/25 | Price Changed | $879,000 | -1.8% | $994 / Sq Ft | |
| 03/20/2025 03/20/25 | For Sale | $895,000 | +52.0% | $1,012 / Sq Ft | |
| 06/09/2021 06/09/21 | Sold | $589,000 | -1.7% | $933 / Sq Ft | View Prior Sale |
| 04/30/2021 04/30/21 | Pending | -- | -- | -- | |
| 03/15/2021 03/15/21 | For Sale | $599,000 | 0.0% | $949 / Sq Ft | |
| 03/09/2021 03/09/21 | Pending | -- | -- | -- | |
| 02/05/2021 02/05/21 | For Sale | $599,000 | -- | $949 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $589,000 | Attorney | |
| Quit Claim Deed | $216,200 | Attorney | |
| Quit Claim Deed | $292,500 | Attorney | |
| Warranty Deed | $605,000 | -- | |
| Warranty Deed | $290,000 | -- | |
| Deed | $900 | -- | |
| Warranty Deed | $108,000 | -- | |
| Warranty Deed | $63,000 | -- | |
| Warranty Deed | $50,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $489,000 | New Conventional | |
| Previous Owner | $320,000 | Unknown | |
| Previous Owner | $261,000 | New Conventional |
Source: Key West Association of REALTORS®
MLS Number: 614258
APN: 00011280-000200
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