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Sold for $2,500,000
  • $2,500,000

    1503 Washington St, Key West, FL 33040

    4beds
    2,928sqft
    Single Family Residence
    Built in 1940
    4,791.6 Square Feet Lot
    $3,109,800 Zestimate®
    $854/sqft
    $7,908 Estimated rent

    Home value

    $3,109,800

    $2.74M - $3.55M

    $7,908/mo

    Zestimate® history
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    What's special

    Welcome to your dream oasis in the heart of Key West! This stunning 4-bedroom, 4-bathroom home embodies luxury and entertainment, offering an unparalleled lifestyle in a prime, central location on the island.Stepping through Brazilian-Walnut Entry doors into this exquisitely updated residence, you are captivated by the lush courtyard and lured over the Pond bridge to the sounds of cascading waterfalls. Massive Custom-made entry leads to an expansive grand foyer and open-concept living area, perfect for hosting gatherings or relaxing in style. The gourmet kitchen is a chef's delight, featuring top-of-the-line Viking gas-fueled appliances, custom cabinetry, and a large island with seating for casual dining. Adjacent to the kitchen, the elegant dining area features a unique white slate gas fireplace and flows seamlessly to the spacious living room, creating an ideal space for entertaining guests.Each of the four bedrooms is a private retreat, boasting generous proportions, and high-end finishes and furnishings. The primary suite is a true sanctuary, offering a spa-like bathroom with a soaking tub, walk-in shower, and dual vanities, as well as 2 walk-in closets.Outside, the home is a paradise for outdoor living. The meticulously landscaped backyard features a sparkling pool, joined by a spacious patio with plenty of room for lounging and alfresco dining. The covered terrace and outdoor kitchen are perfect for year-round entertaining, while the tropical lounging lawn provides a serene sunbathing escape.This luxurious home also includes modern amenities such as a state-of-the-art home automation system, new energy-efficient HVAC, and ample storage with TWO garages. With its unbeatable location in the heart of Key West, you'll enjoy easy access to the island's vibrant nightlife, world-class dining, and stunning beaches.Offered completely furnished, you will experience the epitome of luxury living in this exceptional Key West home.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michelle Blades 305-394-4750,

    Realty Executives Florida Keys Old Town

    Bought with:

    Ted Stewart, 3548861

    Truman & Co. (KW)

    Source: FLKMLS,MLS#: 610662MLS LogoOriginating MLS: Key West Association

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Washer, Water Purification, Stainless Steel Appliance(s), Wine Cooler, Gas Appliances, Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
    • Laundry: Laundry Room
    Features
    • Quartz Countertops, Tray Ceiling(s), Built-in Cabinets, Whirlpool Bath Tub, Storage, Entrance Foyer, Fireplace(s), Sound System
    • Flooring: Wood
    • Doors: Glass Doors
    • Windows: Drapes/Blinds Incl, Window Treatments, Impact Rstnce Window, Aluminum Frames, Panel
    • Has fireplace: Yes
    • Furnished: Yes
    Interior area
    • Total interior livable area: 2,928 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, Covered, Off Street, Garage Door Opener, Attached
    • Has attached garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Lanai, Deck, Patio
    • Exterior features: Built-in Barbecue, Water Display, Storage, Sprinkler System, Outdoor Shower, Outdoor Kitchen, Lighting
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Concrete, Salt Water
    • Fencing: Privacy,Fenced
    • Water view: None
    • Waterfront features: None, Dockage: None
    Lot
    • Size: 4,791 sqft
    • Features: Less Than 1/4 Acre
    Details
    • Parcel number: 00043250000000
    • Zoning: SF
    • Zoning description: Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Roof: Metal
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1940

    Utilities & green energy

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

    Community & neighborhood

    Security
    • Security features: Security System
    Location
    • Region: Key West
    • Subdivision: Investment Co Sub (1.0)

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: None

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    7/30/2025Sold$2,500,000-24.5%$854/sqft
    Source: FLKMLS #610662 Report a problem
    7/22/2025Pending sale$3,311,000$1,131/sqft
    Source: FLKMLS #610662 Report a problem
    6/19/2025Contingent$3,311,000$1,131/sqft
    Source: FLKMLS #610662 Report a problem
    2/25/2025Price change$3,311,000-5.4%$1,131/sqft
    Source: FLKMLS #610662 Report a problem
    1/15/2025Listed for sale$3,500,000$1,195/sqft
    Source: Key West AOR #610662 Report a problem
    1/14/2025Contingent$3,500,000$1,195/sqft
    Source: Key West AOR #610662 Report a problem
    10/18/2024Price change$3,500,000-2.5%$1,195/sqft
    Source: Key West AOR #610662 Report a problem
    10/3/2024Price change$3,590,000-9.1%$1,226/sqft
    Source: Key West AOR #610662 Report a problem
    7/3/2024Listed for sale$3,950,000+75.6%$1,349/sqft
    Source: FLKMLS #610662 Report a problem
    2/11/2021Sold$2,250,000$768/sqft
    Source: FLKMLS #594282 Report a problem
    1/24/2021Contingent$2,250,000$768/sqft
    Source: FLKMLS #594282 Report a problem
    1/22/2021Price change$2,250,000+15.4%$768/sqft
    Source: FLKMLS #594282 Report a problem
    1/25/2017Listed for sale$1,950,000-2.5%$666/sqft
    Source: Truman & Co. (KW) #573918 Report a problem
    7/1/2016Listing removed$1,999,999$683/sqft
    Source: Preferred Properties (KW) #117657 Report a problem
    12/2/2015Listed for sale$1,999,999$683/sqft
    Source: Preferred Properties (KW) #117657 Report a problem
    7/6/2015Listing removed$1,999,999$683/sqft
    Source: The Real Estate Book Report a problem
    5/1/2015Price change$1,999,999-12.9%$683/sqft
    Source: Preferred Properties (KW) #117657 Report a problem
    1/11/2015Listed for sale$2,295,000+4.3%$784/sqft
    Source: Preferred Properties #117657 Report a problem
    6/24/2013Listing removed$2,200,000$751/sqft
    Source: The Real Estate Book #117657 Report a problem
    2/9/2013Listed for sale$2,200,000+175.3%$751/sqft
    Source: Preferred Properties #117657 Report a problem
    5/14/2004Sold$799,000+94.9%$273/sqft
    Source: Public Record Report a problem
    3/25/2003Sold$410,000+173.3%$140/sqft
    Source: Public Record Report a problem
    12/16/1994Sold$150,000$51/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$19,891 -3.3%$2,349,724 -3.7%
    2024$20,567 +4.1%$2,439,378 +5.7%
    2023$19,757 +10.5%$2,306,953 +9.2%
    2022$17,883 +195.6%$2,112,794 +209.6%
    2021$6,049 +1.7%$682,531 +1.4%
    2020$5,948 $673,108 +2.3%
    2019$5,948 +1.5%$657,975 +1.9%
    2018$5,861 0%$645,707 +2.1%
    2017$5,862 +0.4%$632,427 +2.1%
    2016$5,837 -3.2%$619,420 +0.7%
    2015$6,027 $615,114

    Find assessor info on the county website

    Neighborhood: Midtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,109,800
    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
    $3,109,800