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Sold for $3,250,000
  • $3,250,000

    1501 South St, Key West, FL 33040

    5beds
    2,950sqft
    Single Family Residence
    Built in 2023
    4,699 Square Feet Lot
    $3,280,400 Zestimate®
    $1,102/sqft
    $17,361 Estimated rent

    Home value

    $3,280,400

    $3.02M - $3.58M

    $17,361/mo

    Zestimate® history
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    What's special

    Sun deckPanoramic glass doorsJuliet balconiesSeparate water closetWalk-in closetImpact windowsFrench doors
    The pinnacle of luxury can be found at 1501 South Street! This five-bedroom/five-bathroom home is brand new category 5 rated construction and comes complete with impact windows and doors, a whole home generator, Hardie board siding, lush new landscaping, and a brick-paved driveway with electric gate. This home combines exquisite architectural elements, island sophistication and meticulous attention to detail. Enjoy morning coffee on the beautiful front porch. Enter the home via its spacious foyer and you will find a guest bedroom/office on your left and a first-floor primary bedroom on your right. This primary bedroom is flooded in natural light, includes a walk-in closet and ensuite marble bathroom with a double vanity. Moving into the heart of the home is an expansive open concept great room that includes a dining room, living room, and kitchen. The designer kitchen is equipped with new professional series Viking appliances, and shaker style, double-stacked cabinets adorned with brushed gold fixtures. A waterfall island with striking navy-blue cabinets, white Carrara quartz countertop, and built-in wine cooler provide the perfect backdrop for entertaining. The entire back wall of this space incorporates panoramic glass doors that can be fully opened and lead out onto the backyard, featuring a 10'x20' heated/chilled pool with waterfall, and sun deck. Upstairs is an additional luxurious primary ensuite bedroom with an attached home gym and walk-in closet. The bath has marble tile, a double shower, a separate water closet, and a standalone soaking tub. French doors lead out onto the balcony overlooking the front of the property. Down the hall are two additional ensuite guest bedrooms, each featuring Juliet balconies that overlook the backyard, and let the island breezes in. Conveniently located just a short walk to the beaches, tennis courts and Bayview Park, don't miss this opportunity to own this newly constructed home that is both above flood and hurricane rated.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brenda J Donnelly,

    Saltwater Real Estate Florida Keys, Inc

    Bought with:

    Derek Epperly, Pa

    Keys Atlantic Realty

    Source: FLKMLS,MLS#: 608029MLS LogoOriginating MLS: Key West Association

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 5
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Stainless Steel Appliance(s), Wine Cooler, Gas Appliances, Freezer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
    • Laundry: Laundry Room
    Features
    • Built-in Cabinets, Quartz Countertops, Walk-In Closet(s), Gym, Utility Room
    • Flooring: Tile, Wood
    • Doors: Impact Rstnce Doors
    • Windows: Impact Rstnce Window
    Interior area
    • Total interior livable area: 2,950 sqft

    Property

    Parking
    • Parking features: Off Street
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Open Porch/Balcony, Deck
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Decked, Salt Water
    • Fencing: Fenced
    • Water view: None
    • Waterfront features: None, Dockage: None
    Lot
    • Size: 4,699 sqft
    • Features: Less Than 1/4 Acre
    Details
    • Parcel number: 00043380000100
    • Zoning: SF
    • Zoning description: Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: A-Frame
    • Property subtype: Single Family Residence
    Materials
    • Hardi Board Siding
    • Roof: Metal
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2023

    Utilities & green energy

    • Electric: Generator
    • Sewer: Public Sewer
    • Utilities for property: FKAA, Propane, Cable Connected

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s), No Security
    Community
    • Community features: Tennis Court(s), Beach
    Location
    • Region: Key West
    • Subdivision: Key West Investment Co Sub (1.0)

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: None

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    5/6/2024Sold$3,250,000-4.4%$1,102/sqft
    Source: FLKMLS #608029 Report a problem
    4/25/2024Pending sale$3,399,500$1,152/sqft
    Source: FLKMLS #608029 Report a problem
    4/20/2024Price change$3,399,500-5.6%$1,152/sqft
    Source: Key West AOR #608029 Report a problem
    2/21/2024Price change$3,600,000-10%$1,220/sqft
    Source: Key West AOR #608029 Report a problem
    1/22/2024Price change$3,999,000-13.1%$1,356/sqft
    Source: Key West AOR #608029 Report a problem
    1/4/2024Listed for sale$4,599,500+327.9%$1,559/sqft
    Source: Key West AOR #608029 Report a problem
    2/1/2023Listing removed--
    Source: Key West AOR #603591 Report a problem
    1/1/2023Listed for sale$1,075,000$364/sqft
    Source: FLKMLS #603591 Report a problem
    1/1/2023Listing removed--
    Source: Key West AOR #602721 Report a problem
    12/7/2022Price change$1,075,000-2.3%$364/sqft
    Source: Key West AOR #602721 Report a problem
    10/10/2022Listed for sale$1,100,000+10.6%$373/sqft
    Source: Key West AOR #602721 Report a problem
    8/26/2022Sold$995,000$337/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$20,818 +65%$2,462,505 +67.1%
    2024$12,616 +90.9%$1,473,842 +100.7%
    2023$6,608 +38.5%$734,446 +40.1%
    2022$4,772 $524,058

    Find assessor info on the county website

    Neighborhood: White Street Gallery District

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,280,400
    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
    $3,280,400