$1,500,000
SOLD JAN 23, 2026
4 Beds
2 Baths
1,680 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$893 Per Sq Ft

9% Below List Price

66 Days on Market

About This Home

As of January 2026

Welcome to 613 Olivia Street in the Heart of Old Town Key West!This historic residence just might be one the oldest standing homes in all of Key West. The current owner has occupied this home for several decades and is now willing to let a new owner take over the care of this historic property. Ready for your vision, this home is located in the X-Flood Zone and awaits restoration to its full potential. Ideally located within walking distance of all that Key West has to offer, yet far enough away to enjoy peace and quiet. Currently set up as a four (4) bedroom and one and half (1.5) bathrooms, with 1,680 sq ft of living space. Walk right into your ground floor living room, kitchen, two bedrooms and one full bathroom. On the second floor are two guest bedrooms and a half bathroom.Step out back to a spacious Old Town, Key West yard, that is ready for you to bring your own design vision to life.This truly one-of-a-kind property is filled with more history and charm than you can count. Make it your own and impress neighbors and visitors alike with your personal touches and design vision.Call today for a private showing!

Last Agent to Sell the Property

Bobby Coe

RE/MAX Keys Connection (KW) License #3428120 Listed on: 11/10/2025

RE/MAX Keys Connection (KW)

Last Buyer's Agent

Curtis A. Skomp, CCIM

RE/MAX Keys Connection (KW) License #586474

RE/MAX Keys Connection (KW)

Home Details

Home Type

Single Family

Year Built

1855

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: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 2222.93
  • Year Built: 1855
  • Alternate Key Number: 1016853
  • Building Style: Conch
  • Lot Sq Ft: 3240.00
  • Pool Info: In Ground
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1680.00
  • Pool Info Other: Cistern not working
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Range, Refrigerator
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer, Cistern

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X
  • Parcel Number: 00016460-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.07

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2025
Closed on
Jan 23, 2026
Sold by
Kraker Thomas W
Bought by
Paradise Inn Of Key West Llc
Seller's Agent
Bobby Coe
RE/MAX Keys Connection (KW)
Buyer's Agent
Curtis A. Skomp, CCIM
RE/MAX Keys Connection (KW)
List Price
$1,650,000
Sold Price
$1,500,000
Premium/Discount to List
-$150,000
-9.09%
Views
596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
998.87%
Original Mortgage
$1,000,000
Outstanding Balance
$1,000,000
Interest Rate
6.18%
Mortgage Type
New Conventional
Estimated Equity
$650,932

Purchase Details

Closed on
Mar 1, 1992
Bought by
Kraker Thomas W

Purchase Details

Closed on
Jul 1, 1988
Bought by
Kraker Thomas W
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 $1,500,000 None Listed On Document
Warranty Deed $175,000 --
Warranty Deed $125,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2026 01/23/26 Sold $1,500,000 -9.1% $893 / Sq Ft
01/15/2026 01/15/26 Pending -- -- --
11/10/2025 11/10/25 For Sale $1,650,000 -- $982 / 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 $2,223 $260,434 -- --
2024 $2,176 $253,095 -- --
2023 $2,176 $245,724 $0 $0
2022 $2,077 $238,567 $0 $0
2021 $2,100 $231,619 $0 $0
2020 $2,064 $228,422 $0 $0
2019 $2,029 $223,287 $0 $0
2018 $2,018 $219,124 $0 $0
2017 $2,004 $214,618 $0 $0
2016 $2,051 $210,204 $0 $0
2015 $2,092 $208,743 $0 $0
2014 $2,141 $207,086 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 617260

Key West Association of REALTORS®

APN: 00016460-000000