738 Olivia St Key West, FL 33040
Old Town NeighborhoodAbout This Home
Charming Old Town Retreat in X Flood Zone! Step into island living with this beautifully renovated 1-bedroom, 1.5-bath home, plus sleeping loft and cabana, in the heart of Old Town Key West. Thoughtfully updated with quartz countertops, custom wood cabinetry, and top-of-the-line stainless steel appliances, this home seamlessly blends modern comfort with historic charm. A cozy sleeping loft offers extra space for guests or lounging, while a separate structure on the property can serve as a studio, guest room, or private cabana. Nestled on a generously sized lot in the desirable X flood zone, this home also conveys with a 1/10 interest in a private parking lot behind the residence--a rare Key West perk! Don't miss your chance to own a versatile and stylish island escape in one of Key West's most sought-after neighborhoods.
Map
Home Details
Home Type
Single Family
Year Built
1933
Lot Details
2,178 Sq Ft Lot
Listing Details
- Property Type: Residential
- Style: Single Family
- As Is Right To Inspect: Yes
- 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: Yes
- 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: 3076.92
- Vehicle Storage: Assigned Parking, Off Street Parking
- Year Built: 1933
- Alternate Key Number: 1021296
- Building Style: Conch
- Cooling Heating: Wall/Window Unit(s)
- Lot Sq Ft: 2371.00
- Porch Balcony: Open Porch/Balcony
- Tax Exemptions: None
- Building Style Above Flood: Yes
- Estimated Living Sq Ft: 767.00
- Financial Status Standard Sale: Yes
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: None
- Property Sub Type: Detached
Interior Features
- Interior Amenities: Cathedral Ceilings, Pantry
- Total Bathrooms: 2.00
- Full Bathrooms: 1
- Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Range, Refrigerator, Dishwasher, Dryer
- Floor: Tile, Laminate
- Half Bathrooms: 1
- Specialty Rooms: Loft
- Windows/Doors: Impact Rstnce Window
- Total Bedrooms: 1
Exterior Features
- Dockage: None
- Waterfront: None
- Waterfront: No
- Construction: Frame
- Exterior Features: Fencing
- Roof: Metal Roof
- Waterview: No Waterview
- Pool: No
Utilities
- Utilities: FKAA, Municipal Sewer
Lot Info
- Deed Restrictions: Unknown
- Flood Zone: 0.2 PCT ANNUAL CHANC
- Parcel Number: 00020550-000000
- Land Size: Less Than 1/4 Acre
- Acres: 0.05
Rental Info
- Rentals Allowed: Yes
- Furnished: Unfurnished
Tax Info
- Tax Year: 2025
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 |
|---|---|---|---|---|
| 2025 | $2,916 | $346,980 | -- | -- |
| 2024 | $2,858 | $337,202 | -- | -- |
| 2023 | $2,858 | $327,381 | $0 | $0 |
| 2022 | $2,731 | $317,846 | $0 | $0 |
| 2021 | $2,774 | $308,589 | $0 | $0 |
| 2020 | $2,727 | $304,329 | $0 | $0 |
| 2019 | $2,683 | $297,487 | $0 | $0 |
| 2018 | $2,674 | $291,941 | $0 | $0 |
| 2017 | $2,658 | $285,937 | $0 | $0 |
| 2016 | $2,730 | $280,056 | $0 | $0 |
| 2015 | $2,784 | $278,109 | $0 | $0 |
| 2014 | $2,857 | $275,902 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/30/2025 12/30/25 | For Sale | $1,250,000 | -- | $1,630 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $512,500 | Chicago Title Of The Fl Keys | |
| Warranty Deed | $490,000 | Chicago Title Of The Fl Keys | |
| Warranty Deed | $475,000 | -- | |
| Warranty Deed | $145,000 | -- | |
| Warranty Deed | $110,000 | -- | |
| Warranty Deed | $65,000 | -- | |
| Deed | $12,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $410,000 | Unknown | |
| Previous Owner | $392,000 | Unknown | |
| Previous Owner | $475,000 | Unknown | |
| Previous Owner | $110,000 | Balloon |
Source: Key West Association of REALTORS®
MLS Number: 617909
APN: 00020550-000000
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