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Sold for $1,350,000
  • $1,350,000

    1122 Margaret St, Key West, FL 33040

    3beds
    1,148sqft
    Duplex
    Built in 1938
    -- sqft lot
    $1,309,400 Zestimate®
    $1,176/sqft
    $4,567 Estimated rent

    Home value

    $1,309,400

    $1.13M - $1.52M

    $4,567/mo

    Zestimate® history
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    What's special

    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!

    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#: 613734MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: More Appliances, Washer, Dishwasher, Refrigerator, Range, Oven, Microwave, Disposal, Stainless Steel Appliance(s)
    Interior area
    • Total structure area: 1,148
    • Total interior livable area: 1,148 sqft

    Property

    Features
    • Has private pool: Yes
    • Pool features: In Ground, Concrete
    Lot
    • Size: 3,920 Square Feet
    Details
    • Parcel number: 00029890000000
    • Zoning: HMDR - Historic Medium Density Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Conch
    • Property subtype: Duplex
    Materials
    • Frame
    Condition
    • Year built: 1938

    Community & HOA

    Community
    • Subdivision: Investment Co Sub (1.0)
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Key West

    Financial & listing details

    • Price per square foot: $1,176/sqft
    • Tax assessed value: $1,214,129
    • Annual tax amount: $6,320
    • Date on market: 2/16/2025

    Price history

    DateEventPrice
    7/9/2025Sold$1,350,000-9.9%$1,176/sqft
    Source: FLKMLS #613734 Report a problem
    6/22/2025Contingent$1,499,000$1,306/sqft
    Source: Key West AOR #614412 Report a problem
    4/7/2025Price change$1,499,000-6.3%$1,306/sqft
    Source: Key West AOR #614412 Report a problem
    3/6/2025Price change$1,599,000-5.9%$1,393/sqft
    Source: Key West AOR #613734 Report a problem
    2/16/2025Listed for sale$1,699,000+9.7%$1,480/sqft
    Source: Key West AOR #613734 Report a problem
    4/2/2024Sold$1,549,000$1,349/sqft
    Source: FLKMLS #608784 Report a problem
    3/26/2024Pending sale$1,549,000$1,349/sqft
    Source: FLKMLS #608784 Report a problem
    2/24/2024Contingent$1,549,000$1,349/sqft
    Source: FLKMLS #608784 Report a problem
    2/17/2024Listed for sale$1,549,000+192.3%$1,349/sqft
    Source: FLKMLS #608784 Report a problem
    5/23/2002Sold$530,000+39.8%$462/sqft
    Source: Public Record Report a problem
    4/12/1999Sold$379,000$330/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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
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    Estimated market value
    $1,309,400
    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
    $1,309,400