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Sold for $2,685,000
  • $2,685,000

    1519 Florida St, Key West, FL 33040

    9beds
    4,037sqft
    Multi Family
    Built in 1958
    -- sqft lot
    $2,786,800 Zestimate®
    $665/sqft
    $2,661 Estimated rent

    Home value

    $2,786,800

    $2.37M - $3.32M

    $2,661/mo

    Zestimate® history
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    $16,992/mo

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    What's special

    Luxurious heated poolExposed beam ceilingsSerene outdoor showerResort-style outdoor spaceImpact windows and doorsExpansive patio space
    PRICED TO SELL - This is a rare and exceptional opportunity! Land is at premium in Key West, and this expansive nearly 12,000 sq. ft. lot with not one but essentially 3 houses and room to grow, is an extraordinary find. Discover a balanced blend of Key West character, mid-century charm, and modern updates with this one-of-a-kind multi family compound. This property could not be more well designed for seclusion and private entertainment. Whether you're looking for a spacious primary residence, an income-producing property, a redevelopment opportunity, or a combination of all three, this is your drawing board. Once home to a beloved local artist, this award-winning property—recognized by the Old Island Restoration Foundation—is a nostalgic tribute to its time period. The current owner has preserved and enhanced its retro artistic flair, creating a truly unique ambiance that transports you back in time. Property Highlights: ✅ Three Separate units- Each with its own private access and gated tropical yard ✅ Main House (4 BD | 3.5 BA) - An open combo entertainment area overlooks a resort-style outdoor space featuring a stunning collection of mature and rare plant species, creating a lush, tropical sanctuary. At its heart, a luxurious heated pool basks in the sunshine by day and transforms into a glowing oasis by night, illuminated by soft ambient lighting. ✅ Second Unit (3 BD | 2 BA) - Exposed beam ceilings, skylights, and a serene outdoor shower. ✅ Third Unit (2 BD | 2 BA) - A cozy retreat with an expansive patio space ✅ Concrete Block Construction, Impact windows and doors for added security ✅ Off-Street Parking & Endless Storage - A rare convenience in Key West ✅ Only three blocks from the beach/pier and a short stroll to Old Town. This property is an entertainer's dream that must be seen in person to truly understand and appreciate all it has to offer.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jessica A Celli,

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    Bought with:

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    Source: FLKMLS,MLS#: 613820MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 9
    • Full bathrooms: 7
    • 1/2 bathrooms: 2
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Ceiling Fans(s), Ductless
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Disposal, Ice Maker, Wine Cooler, Stainless Steel Appliance(s)
    Features
    • Granite Counters, Storage, Walk-in Closet(s), Bar, Quartz Countertops
    • Flooring: Wood, Carpet, Combination, Laminate
    • Windows: Skylight(s)
    Interior area
    • Total structure area: 4,037
    • Total interior livable area: 4,037 sqft

    Property

    Parking
    • Parking features: Open, Storage
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Parking, Accessible Approach with Ramp
    Features
    • Levels: Multi/Split
    • Patio & porch: Deck, Patio
    • Exterior features: Fruit Tree(s), Rain Gutters, Outdoor Shower, Storage
    • Has private pool: Yes
    • Pool features: In Ground, Concrete
    • Fencing: Privacy
    Lot
    • Size: 6,534 Square Feet
    Details
    • Additional structures: Guest House, Shed(s)
    • Parcel number: 00059410000000
    • Zoning: SF - Single Family
    • Other equipment: Irrigation Equipment

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Concrete, Combo Construction
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1958

    Community & HOA

    Community
    • Security: Security System
    • Subdivision: Prog Land Imp Co Diag (2.0)
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Key West

    Financial & listing details

    • Price per square foot: $665/sqft
    • Tax assessed value: $2,041,187
    • Annual tax amount: $23,902
    • Date on market: 2/21/2025
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    5/16/2025Sold$2,685,000-10.5%$665/sqft
    Source: FLKMLS #613820 Report a problem
    5/6/2025Pending sale$2,999,000$743/sqft
    Source: FLKMLS #613820 Report a problem
    2/25/2025Contingent$2,999,000$743/sqft
    Source: Key West AOR #613820 Report a problem
    2/21/2025Listed for sale$2,999,000-6.3%$743/sqft
    Source: Key West AOR #613820 Report a problem
    11/9/2024Listing removed$3,199,000$792/sqft
    Source: FLKMLS #610996 Report a problem
    10/19/2024Price change$3,199,000-5.2%$792/sqft
    Source: Key West AOR #610997 Report a problem
    10/6/2024Listed for sale$3,375,000-7.5%$836/sqft
    Source: Key West AOR #610996 Report a problem
    9/23/2024Listing removed$3,649,000$904/sqft
    Source: FLKMLS #610996 Report a problem
    9/18/2024Price change$3,649,000-2.9%$904/sqft
    Source: Key West AOR #610997 Report a problem
    8/27/2024Price change$3,759,000-3%$931/sqft
    Source: FLKMLS #610997 Report a problem
    8/5/2024Listed for sale$3,875,000+21.9%$960/sqft
    Source: Key West AOR #610996 Report a problem
    3/10/2022Sold$3,180,000-9.1%$788/sqft
    Source: FLKMLS #598584 Report a problem
    1/13/2022Contingent$3,499,000$867/sqft
    Source: Key West AOR #598581 Report a problem
    1/3/2022Price change$3,499,000-6.7%$867/sqft
    Source: Key West AOR #598584 Report a problem
    11/22/2021Listed for sale$3,750,000+719.7%$929/sqft
    Source: Key West AOR #598581 Report a problem
    7/7/1999Sold$457,500$113/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$18,482 -18.9%$2,041,187 -20.2%
    2023$22,781 +21.7%$2,557,019 +21.5%
    2022$18,713 +129.3%$2,105,051 +154.6%
    2021$8,162 +1.7%$826,687 +1.4%
    2020$8,028 $815,274 +2.3%
    2019$8,028 +1.4%$796,945 +1.9%
    2018$7,918 +0.1%$782,086 +2.1%
    2017$7,907 +0.3%$766,000 +91.5%
    2016$7,883 +67.3%$400,050 -35.8%
    2015$4,710 $623,501
    Find assessor info on the county website

    Neighborhood: White Street Gallery District

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,786,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,786,800