Behind the quintessential white picket fence you will find this delightful historic cottage currently set up as a duplex with off street parking and pool. Lots of opportunity with the ability to generate income and have your own slice of Paradise to enjoy, or marry the spaces and convert to a single family dream home. Each unit enjoys privacy from the other including separate outdoor living spaces. The front unit greets you with the charming and spacious front porch. Through the front door you will enter into an open living room and kitchen with fabulous ceiling heights, charming architectural details and 1bd/1ba plus a loft for storage. Enter the backyard oasis down a brick lined sidewalk that opens up to a sprawling deck surrounding a refreshing and sunny swimming pool. The rear unit enjoys 2bd/1ba with open kitchen/living space that leads to a covered porch overlooking the backyard retreat!
Sold for $1,350,000
$1,350,000
1122 Margaret St, Key West, FL 33040
3beds
1,148sqft
Duplex, Multi Family
Built in 1938
-- sqft lot
$1,297,300 Zestimate®
$1,176/sqft
$4,919 Estimated rent
Home value
$1,297,300
$1.10M - $1.52M
$4,919/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Wendy L Zintsmaster 305-923-5935,
Truman & Co. (KW),
Tonya Cabanas 305-923-8643,
Truman & Co. (KW)
Bought with:
Dawn Gonet, 3488031
Berkshire Hathaway HomeServices Knight & Gardner Realty
Source: FLKMLS,MLS#: 613734
Originating MLS: Key West Association
Originating MLS: Key West AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Central Air, Ceiling Fans(s)
Appliances
- Included: More Appliances, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Washer
Interior area
- Total interior livable area: 1,148 sqft
Property
Parking
- Parking features: Off Street
Features
- Has private pool: Yes
- Pool features: In Ground, Concrete
- Water view: None
- Waterfront features: None, Dockage: None
Lot
- Size: 3,920 sqft
- Features: Less Than 1/4 Acre
Details
- Parcel number: 00029890000000
- Zoning: HMDR
- Zoning description: Historic Medium Density Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Conch
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Frame
Condition
- Year built: 1938
Utilities & green energy
- Sewer: Municipal Sewer, Public Sewer
- Utilities for property: FKAA
Community & neighborhood
Location
- Region: Key West
- Subdivision: Investment Co Sub (1.0)
HOA & financial
HOA
- Has HOA: No
- Services included: None
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2025 | Sold | $1,350,000-9.9%$1,176/sqft |
Source:  FLKMLS #613734 Report a problem | ||
| 6/22/2025 | Contingent | $1,499,000$1,306/sqft |
Source:  Key West AOR #614412 Report a problem | ||
| 4/7/2025 | Price change | $1,499,000-6.3%$1,306/sqft |
Source: Key West AOR #614412 Report a problem | ||
| 3/6/2025 | Price change | $1,599,000-5.9%$1,393/sqft |
Source: Key West AOR #613734 Report a problem | ||
| 2/16/2025 | Listed for sale | $1,699,000+9.7%$1,480/sqft |
Source: Key West AOR #613734 Report a problem | ||
| 4/2/2024 | Sold | $1,549,000$1,349/sqft |
Source: FLKMLS #608784 Report a problem | ||
| 3/26/2024 | Pending sale | $1,549,000$1,349/sqft |
Source: FLKMLS #608784 Report a problem | ||
| 2/24/2024 | Contingent | $1,549,000$1,349/sqft |
Source: FLKMLS #608784 Report a problem | ||
| 2/17/2024 | Listed for sale | $1,549,000+192.3%$1,349/sqft |
Source: FLKMLS #608784 Report a problem | ||
| 5/23/2002 | Sold | $530,000+39.8%$462/sqft |
Source: Public Record Report a problem | ||
| 4/12/1999 | Sold | $379,000$330/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,115 +75.9% | $1,214,129 +85.9% |
| 2024 | $6,320 +9.1% | $653,057 +6.7% |
| 2023 | $5,794 +7.1% | $611,879 +6.6% |
| 2022 | $5,412 +3.8% | $573,915 +6.5% |
| 2021 | $5,214 -2% | $538,888 -2.7% |
| 2020 | $5,323 | $553,812 +0% |
| 2019 | $5,323 -0.6% | $553,665 +7% |
| 2018 | $5,356 -2.3% | $517,408 -0.2% |
| 2017 | $5,483 -1.7% | $518,331 -20.4% |
| 2016 | $5,575 -8.2% | $651,065 +8.6% |
| 2015 | $6,073 | $599,448 |
Find assessor info on the county website
Neighborhood: Old Town
Nearby schools
GreatSchools rating
- 3/10Horace O'bryant SchoolGrades: PK-8Distance: 0.6 mi
- 4/10Key West High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$1,297,300
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
$1,297,300
- Florida
- Monroe County
- Key West
- 33040
- Old Town
- 1122 Margaret St
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