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Sold for $3,700,000
  • $3,700,000

    1017 Margaret St, Key West, FL 33040

    4beds
    2,400sqft
    Single Family Residence
    Built in 2001
    7,137 Square Feet Lot
    $3,703,100 Zestimate®
    $1,542/sqft
    $7,566 Estimated rent

    Home value

    $3,703,100

    $3.41M - $4.04M

    $7,566/mo

    Zestimate® history
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    What's special

    Tropical modern retreatPrivate estatePrivate terracesEn suite bathroomsSpacious carportCustom bremtown cabinetryGarden views
    Elevate your lifestyle with this Tropical Modern retreat at 1017 Margaret Street in Old Town, Key West! Set in the X-Flood Zone with over 7,100SF of land, this private estate boasts an impressive 40' saltwater swimming pool and spa paired with multiple water features, award winning Craig Reynolds Landscape Architecture throughout, a stunning Indonesian Lava Rock outdoor shower, plus a separate historic guest cottage. This impressive property is highlighted by an unparalleled indoor outdoor lifestyle, exotic native palms and plants, custom poured concrete outdoor kitchen and dining, and a variety of covered and uncovered outdoor lounging areas to entertain and unwind. The 2 bedroom and 2.5 bathroom main home was built in 2001 and renovated, with no expense spared, from the ground up in 2020 while the historic Dade County Pine writer's cottage was built in 1899 and is lovingly restored and maintained. Every detail of the interior has been carefully curated and every room will take your breath away. Floor-to-ceiling glass doors open to enjoy the garden views and island breezes while a large living room awaits for lounging and entertainment. Amenities include a fully updated kitchen with custom Bremtown cabinetry and a Miele appliance package, smart home integration, automated Hunter Douglas window treatments, 24 inch Porcelain tile, and en suite bathrooms and private terraces from every bedroom. A spacious carport with storage and electric car charging included and ample on street parking for guests. This is the perfect house to escape, relax, and entertain. Conveniently located a few blocks from World Famous Duval Street and the island's best beaches. Schedule your private viewing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Team Kaufelt 305-393-1267,

    Truman & Co. (KW)

    Bought with:

    Tommy Mack, 3285624

    Coastal Collection Real Estate Inc.

    Source: FLKMLS,MLS#: 607369MLS LogoOriginating MLS: Key West Association

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Electric, Separate Meters
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Stainless Steel Appliance(s), Wine Cooler, Freezer, Disposal, Oven, Range, Refrigerator, Dishwasher, Dryer
    Features
    • Bar, Built-in Cabinets, Walk-In Closet(s), Storage, Pantry, Cathedral Ceiling(s), Other Specialty Room, Sound System
    • Flooring: Tile, Wood
    • Doors: French Doors
    • Windows: Drapes/Blinds Incl, Other
    Interior area
    • Total interior livable area: 2,400 sqft

    Property

    Parking
    • Parking features: Carport, Covered, Off Street
    • Has carport: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Open Porch/Balcony, Deck, Patio
    • Exterior features: Bar, Water Display, Sprinkler System, Outdoor Shower, Outdoor Kitchen, Lighting, Rain Gutters, Built-in Barbecue
    • Has private pool: Yes
    • Pool features: In Ground, Decked, Concrete, Salt Water
    • Has spa: Yes
    • Spa features: Private
    • Fencing: Privacy,Fenced
    • Water view: None
    • Waterfront features: None, Dockage: None
    Lot
    • Size: 7,137 sqft
    • Features: Less Than 1/4 Acre
    Details
    • Additional structures: Guest House, Detached Guest Qtrs
    • Parcel number: 00030260000000
    • Zoning: HMDR
    • Zoning description: Historic Medium Density Residential
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Conch
    • Property subtype: Single Family Residence
    Materials
    • Frame, Hardi Board Siding
    • Roof: Metal
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 2001

    Utilities & green energy

    • Electric: Elect Separate Meter
    • Sewer: Municipal Sewer, Public Sewer
    • Water: Water Separate Meter
    • Utilities for property: FKAA, Cable Available, Buyer to Verify, Cable Connected

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s), Security System, On Premises System
    Community
    • Community features: Pool, Bike Paths, Beach, Tennis Court(s)
    Location
    • Region: Key West
    • Subdivision: Old Town - Unlisted (1.0)

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: None

    Other

    Other facts
    • Listing terms: Cash,FHA,VA Loan,Conventional

    Price history

    DateEventPrice
    12/13/2023Sold$3,700,000-4.5%$1,542/sqft
    Source: FLKMLS #607369 Report a problem
    11/21/2023Pending sale$3,875,000$1,615/sqft
    Source: FLKMLS #607369 Report a problem
    11/15/2023Contingent$3,875,000$1,615/sqft
    Source: Key West AOR #607369 Report a problem
    11/10/2023Listed for sale$3,875,000-0.6%$1,615/sqft
    Source: FLKMLS #607369 Report a problem
    7/17/2023Listing removed--
    Source: Key West AOR #604995 Report a problem
    4/18/2023Listed for sale$3,900,000+122.9%$1,625/sqft
    Source: FLKMLS #604995 Report a problem
    7/1/2015Sold$1,750,000-7.7%$729/sqft
    Source: FLKMLS #121168 Report a problem
    2/19/2015Listed for sale$1,895,000+2.5%$790/sqft
    Source: Truman & Co. #121168 Report a problem
    7/3/2012Listing removed$1,849,000$770/sqft
    Source: Truman & Co. #114569 Report a problem
    12/20/2011Price change$1,849,000-7.3%$770/sqft
    Source: Truman & Co. #114569 Report a problem
    12/16/2011Price change$1,995,000+7.9%$831/sqft
    Source: Truman & Co. #114569 Report a problem
    12/3/2011Price change$1,849,000-7.3%$770/sqft
    Source: Truman & Co. #114569 Report a problem
    4/8/2011Listed for sale$1,995,000+24.7%$831/sqft
    Source: Truman & Co. #114569 Report a problem
    11/2/2004Sold$1,600,000+580.9%$667/sqft
    Source: Public Record Report a problem
    3/18/1996Sold$235,000$98/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$25,535 +0.1%$3,035,945 -0.1%
    2024$25,501 +76%$3,038,568 +76.8%
    2023$14,492 +4.4%$1,718,705 +3%
    2022$13,879 -2.7%$1,668,646 +3%
    2021$14,259 +3.9%$1,620,045 +3.6%
    2020$13,728 $1,563,882 +2.7%
    2019$13,728 -0.8%$1,522,090 +1.4%
    2018$13,835 -0.7%$1,500,808 -0.7%
    2017$13,933 -2.4%$1,510,885 +1.1%
    2016$14,269 -4.4%$1,494,155 +48%
    2015$14,926 $1,009,408

    Find assessor info on the county website

    Neighborhood: Old Town

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,703,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,703,100