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Sold for $2,325,000
  • $2,325,000

    1511 South St, Key West, FL 33040

    4beds
    1,790sqft
    Single Family Residence
    Built in 1975
    4,698 Square Feet Lot
    $2,312,900 Zestimate®
    $1,299/sqft
    $6,410 Estimated rent

    Home value

    $2,312,900

    $2.06M - $2.59M

    $6,410/mo

    Zestimate® history
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    What's special

    Step inside 1511 South Street — a fully reimagined Key West residence where modern design and island living come together in a private tropical oasis. Completed renovations in 2024/2025 have transformed both the main house and guest cottage into thoughtfully curated spaces with high-end finishes and effortless indoor-outdoor flow. Behind the gate, you'll find a lush, low-maintenance landscape and multiple updated outdoor entertaining areas, perfect for gatherings or quiet relaxation. Complete privacy surrounds the property, allowing you to enjoy the serenity of island life just moments from the heart of Key West. Inside the main house, vaulted ceilings and an open-concept layout create a sense of space and light, with every room offering access to the outdoors through its own impact-rated door. The living, dining, and kitchen areas connect seamlessly, with a commercial-style kitchen featuring open shelving, high-end appliances, and direct access to the covered carport—ideal for everyday convenience. French doors open to an 18' x 14' Caribbean-inspired loggia and a custom outdoor kitchen by Paradise Grills, perfectly positioned alongside the heated pool. Surrounded by new stonework and low-maintenance WEARDECK composite decking, the pool area is just one of several outdoor spaces designed to make entertaining effortless. Each of the main house's bedrooms opens directly to the pool, while the large laundry room provides additional storage and functionality. Just beyond the pool, the two-story guest cottage offers flexibility and comfort, with a bedroom and bathroom on each level, generous walk-in closets, and a dedicated generator for added peace of mind. Additional features include multiple outdoor storage closets, an air-conditioned attic above the carport, and a canvas-covered rear yard that expands your living space even further. Understated from the street, yet unforgettable once inside—this property is a private retreat designed for the best of Key West li

    Zillow last checked:

    Listing updated:

    Listed by:

    Ted Stewart 305-399-0330,

    Truman & Co. (KW),

    Team Kaufelt 305-393-1267,

    Truman & Co. (KW)

    Bought with:

    Lidia T Yoham, 0696700

    Anchor Realty of FL, LLC

    Source: FLKMLS,MLS#: 615122MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Bedroom 1
    • Description: Primary Bedroom
    • Level: Main
    • Area: 222.21 Square Feet
    • Dimensions: 16.67 x 13.33
    Bedroom 2
    • Description: Guest Bedroom
    • Level: Main
    • Area: 118.3 Square Feet
    • Dimensions: 11.83 x 10
    Bedroom 3
    • Description: Guest House 1st Floor Bedroom
    • Level: Main
    • Area: 138 Square Feet
    • Dimensions: 12 x 11.5
    Bedroom 4
    • Description: Guest House 2nd Floor Bedroom
    • Level: Second
    • Area: 159.8 Square Feet
    • Dimensions: 13.6 x 11.75
    Kitchen
    • Level: Main
    • Area: 227.01 Square Feet
    • Dimensions: 23.5 x 9.66
    Living room
    • Level: Main
    • Area: 313.26 Square Feet
    • Dimensions: 23.5 x 13.33
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air, Ceiling Fans(s), Ductless
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave, Disposal, Freezer, Stainless Steel Appliance(s), Water Purifier
    • Laundry: Laundry Room
    Features
    • Built-in Features, Storage, Walk-in Closet(s), Bar
    • Flooring: Tile
    Interior area
    • Total structure area: 1,790
    • Total interior livable area: 1,790 sqft

    Property

    Features
    • Patio & porch: Deck, Lanai
    • Exterior features: Built-in Barbecue, Rain Gutters, Lighting, Outdoor Kitchen, Outdoor Shower, Storage
    • Has private pool: Yes
    • Pool features: In Ground, Concrete, Decked
    • Fencing: Fenced,Privacy
    Lot
    • Size: 4,698 Square Feet
    Details
    • Additional structures: Guest House
    • Parcel number: 00043340000000
    • Zoning: SF - Single Family
    • Other equipment: Irrigation Equipment

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1975

    Utilities & green energy

    • Utilities for property: Cable Available, See Remarks

    Community & HOA

    Community
    • Security: Security System
    • Subdivision: Monroe Investement Co Sub (2.0)
    HOA
    • Has HOA: No
    • Services included: Other
    Location
    • Region: Key West

    Financial & listing details

    • Price per square foot: $1,299/sqft
    • Tax assessed value: $1,482,892
    • Annual tax amount: $13,258
    • Date on market: 5/22/2025

    Price history

    DateEventPrice
    8/26/2025Sold$2,325,000-3.1%$1,299/sqft
    Source: FLKMLS #615122 Report a problem
    8/18/2025Pending sale$2,399,999$1,341/sqft
    Source: FLKMLS #615122 Report a problem
    6/12/2025Contingent$2,399,999$1,341/sqft
    Source: FLKMLS #615122 Report a problem
    5/22/2025Listed for sale$2,399,999-4%$1,341/sqft
    Source: Key West AOR #615122 Report a problem
    5/22/2025Listing removed$2,499,999$1,397/sqft
    Source: Key West AOR #614234 Report a problem
    4/3/2025Price change$2,499,999-5.7%$1,397/sqft
    Source: FLKMLS #614234 Report a problem
    3/19/2025Listed for sale$2,650,000+43.2%$1,480/sqft
    Source: Key West AOR #614234 Report a problem
    4/25/2023Sold$1,850,000-1.3%$1,034/sqft
    Source: FLKMLS #603588 Report a problem
    4/4/2023Pending sale$1,875,000$1,047/sqft
    Source: FLKMLS #603588 Report a problem
    3/8/2023Contingent$1,875,000$1,047/sqft
    Source: FLKMLS #603588 Report a problem
    3/1/2023Price change$1,875,000-5.3%$1,047/sqft
    Source: FLKMLS #603588 Report a problem
    1/20/2023Price change$1,980,000-10%$1,106/sqft
    Source: FLKMLS #603588 Report a problem
    1/1/2023Listed for sale$2,200,000+411.6%$1,229/sqft
    Source: FLKMLS #603588 Report a problem
    5/15/2003Sold$430,000$240/sqft
    Source: Public Record Report a problem
    4/5/2002Sold$430,000+630.1%$240/sqft
    Source: Public Record Report a problem
    9/11/1998Sold$58,900-59.4%$33/sqft
    Source: Public Record Report a problem
    7/21/1995Sold$145,000$81/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,761 -3.8%$1,482,892 -4.5%
    2024$13,259 +307.2%$1,551,958 +313.9%
    2023$3,256 +4.6%$374,935 +3%
    2022$3,112 -1.7%$364,015 +3%
    2021$3,167 +1.7%$353,413 +1.4%
    2020$3,113 $348,534 +2.3%
    2019$3,113 +1.6%$340,698 +1.9%
    2018$3,064 +0.3%$334,346 +2.1%
    2017$3,056 +0.6%$327,470 +2.1%
    2016$3,039 -2.7%$320,735 +0.7%
    2015$3,125 $318,505
    Find assessor info on the county website

    Neighborhood: Midtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,312,900
    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
    $2,312,900