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Sold for $695,000
  • $695,000

    308 Margaret St APT 2, Key West, FL 33040

    1beds
    420sqft
    Condominium
    Built in 1954
    -- sqft lot
    $698,000 Zestimate®
    $1,655/sqft
    $2,428 Estimated rent

    Home value

    $698,000

    $621,000 - $782,000

    $2,428/mo

    Zestimate® history
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    What's special

    This darling free standing cottage is part of a six unit condominium association. It feels more like a single family home as it is not attached to another property. Inside, the excellent floor plan provides lots of space to comfortably enjoy life in Key West. There is a light filled living / dining room, a well equipped kitchen, a full bath and a primary bedroom with tons of storage and a washer/dryer. The bright interior is fully furnished and creates a relaxed island atmosphere. A back door leads to a small patio where one can dine alfresco or just enjoy the breeze. The pool gets lots of sun and provides a nice place to spend the day. Just outside the compound all of Key West's sought after venues are within an easy walk. The harbour promenade is only a block away and one can easily stroll to Duval, shops, restaurants and entertainment. This charming cottage is in a perfect location for easy access to everything Key West has to offer. Being conveyed fully furnished and equipped, all one has to do is bring their suitcase and start enjoying life at 308 Margaret Street #2.

    Zillow last checked:

    Listing updated:

    Listed by:

    Laura A McChesney 305-923-6639,

    Preferred Properties (KW)

    Bought with:

    Laura A McChesney, 494597

    Preferred Properties (KW)

    Source: FLKMLS,MLS#: 617138MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Cooling
    • Ductless
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Range
    Features
    • Flooring: Combination
    Interior area
    • Total structure area: 420
    • Total interior livable area: 420 sqft

    Property

    Features
    • Has private pool: Yes
    • Pool features: In Ground, Concrete
    Lot
    • Size: 871 Square Feet
    Details
    • Parcel number: 00003100000302
    • Zoning: HMDR - Historic Medium Density Residential

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Conch
    • Property subtype: Condominium
    Materials
    • Frame
    Condition
    • Year built: 1954

    Community & HOA

    Community
    • Subdivision: Old Town - Unlisted (1.0)
    HOA
    • Has HOA: Yes
    • Services included: Common Area Mnt
    • HOA fee: $2,600 annually
    Location
    • Region: Key West

    Financial & listing details

    • Price per square foot: $1,655/sqft
    • Tax assessed value: $600,127
    • Annual tax amount: $4,805
    • Date on market: 11/1/2025

    Price history

    DateEventPrice
    1/29/2026Sold$695,000$1,655/sqft
    Source: FLKMLS #617138 Report a problem
    1/15/2026Pending sale$695,000$1,655/sqft
    Source: FLKMLS #617138 Report a problem
    11/1/2025Contingent$695,000$1,655/sqft
    Source: FLKMLS #617138 Report a problem
    11/1/2025Listed for sale$695,000+239%$1,655/sqft
    Source: Key West AOR #617138 Report a problem
    3/26/2012Listing removed$1,700$4/sqft
    Source: At Homes In Key West Report a problem
    2/24/2012Listed for rent$1,700$4/sqft
    Source: At Homes In Key West Report a problem
    10/23/2002Sold$205,000-47.4%$488/sqft
    Source: FLKMLS #91465 Report a problem
    1/18/2002Sold$390,000$929/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,959 +3.2%$497,550 +10%
    2024$4,806 +9.2%$452,318 +10%
    2023$4,402 +20.8%$411,198 +10%
    2022$3,643 +6.1%$373,816 +10%
    2021$3,432 +3.9%$339,833 +10%
    2020$3,302 $308,939 +5.8%
    2019$3,302 +12.7%$291,991 -4.1%
    2018$2,931 +1.9%$304,385 +4.5%
    2017$2,876 +5%$291,311 +1.7%
    2016$2,738 +0.5%$286,528 +5.2%
    2015$2,725 $272,445
    Find assessor info on the county website

    Neighborhood: Historic Seaport

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $698,000
    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
    $698,000