$850,000

Estimated payment $5,264/month

1 Bed
2 Baths
648 Sq Ft
$1,312 Price per Sq Ft

About This Home

Step into island living with this well-maintained cigar maker's cottage, brimming with classic Key West character and modern comforts. Ideally situated on picturesque Olivia Street in the heart of Old Town, this charming home offers the perfect blend of history and convenience.The main floor features the primary bedroom and full bath, while a loft-style second bedroom with ensuite bath provides a private retreat above. The open living and kitchen area flows seamlessly onto a spacious rear deck--ideal for entertaining or enjoying quiet evenings under the stars. An outdoor shower adds to the relaxed tropical lifestyle.Enjoy coffee on the lovely front porch, stay cool year-round with central air, and rest easy knowing you're in the desirable X flood zone. Just steps from world-class dining, shopping, and all the vibrant energy Key West has to offer, this home is truly a gem.Currently rented through a management company until the end of November; the tenant is eager to stay on if you're seeking an income-producing property. 24-hour notice required to show.

Last Listed By

Dean Townsend

Keller Williams Key West Compass Realty License #3051198 Listed on: 05/30/2025

Keller Williams Key West Compass Realty

Map

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,907

Year Built

1948

Lot Details

0

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: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 6544.76
  • Title: Negotiable
  • Year Built: 1948
  • Alternate Key Number: 1020788
  • Building Style: Conch, Cigar Maker
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 1791.00
  • Porch Balcony: Open Porch/Balcony, Deck
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 648.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Split Bedroom
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Wood
  • Windows/Doors: Single Hung Windows, Glass Doors
  • Total Bedrooms: 1
  • Sq Ft Remarks: Does not include 2nd floor loft space

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Outdoor Shower
  • Roof: Metal Roof, Combo Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00020040-000400
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.04

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

Range of Values:

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Average Value
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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 $5,907 $937,855 $818,621 $119,234
2023 $5,907 $798,922 $686,197 $112,725
2022 $5,086 $637,214 $531,702 $105,512
2021 $4,568 $472,801 $393,259 $79,542
2020 $4,535 $470,993 $390,249 $80,744
2019 $4,682 $493,263 $411,317 $81,946
2018 $4,357 $444,106 $362,160 $81,946
2017 $4,202 $445,308 $0 $0
2016 $4,030 $397,507 $0 $0
2015 $3,731 $342,064 $0 $0
2014 $3,589 $320,659 $0 $0
Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $200,000 --
Source: Public Records

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Source: Key West Association of REALTORS®

MLS Number: 615254

Key West Association of REALTORS®

APN: 00020040-000400