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Sold for $1,200,000
  • $1,200,000

    401 Margaret St, Key West, FL 33040

    2beds
    1,512sqft
    Single Family Residence
    Built in 1943
    3,049.2 Square Feet Lot
    $1,435,900 Zestimate®
    $794/sqft
    $5,911 Estimated rent

    Home value

    $1,435,900

    $1.31M - $1.59M

    $5,911/mo

    Zestimate® history
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    What's special

    Mini kitchenetteModern open floor planGorgeous seaport cottagePrivate bathroomGood closets spaceModern kitchenFreshly painted
    Gorgeous Seaport Cottage in the Heart of Old Town Key West, and scoring a Full 10 on the walkability scale. With an abundance of restaurants, galleries and cafes just steps from this elegant home, you can leave your vehicle parked in your off-street spot for the duration of your stay.The Two stories are connected via an exterior staircase making it the perfect combination for you and your guests. Featuring a modern open floor plan with several patio doors opening out to the enviable Key West Porches, ideal for the morning coffee, reading, relaxing or just sit and watch Key West roll on by.Well appointed modern kitchen offers everything you need should you decided to dine at home and the very large master bedroom features good closets space, private bathroom and room for an office, should you need to work while you on vacation!Second Story is equipped with a mini kitchenette and two queen beds and private bath and opens to an extra large sun drenched deck - easily hosting large gatherings of family and friends.The Home has so much versatility, such a great location, is freshly painted and is ready for immediate occupancy.

    Zillow last checked:

    Listing updated:

    Listed by:

    Suzanne M Moore 305-797-0699,

    Suzanne Moore Real Estate

    Bought with:

    Suzanne M Moore, 3185298

    Suzanne Moore Real Estate

    Source: FLKMLS,MLS#: 606994MLS LogoOriginating MLS: Key West Association

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Ductless
    Cooling
    • Central Air
    Appliances
    • Included: Washer, Stainless Steel Appliance(s), Oven, Range, Refrigerator, Dishwasher, Dryer
    Features
    • Built-in Cabinets, Walk-In Closet(s), Storage, Granite Counters
    • Flooring: Wood
    • Doors: Glass Doors
    Interior area
    • Total interior livable area: 1,512 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Off Street
    Accessibility
    • Accessibility features: None
    Features
    • Patio & porch: Open Porch/Balcony, Deck, Roof Top Deck
    • Fencing: Fenced
    • Water view: None
    • Waterfront features: None, Dockage: None
    Lot
    • Size: 3,049 sqft
    • Features: Less Than 1/4 Acre
    Details
    • Parcel number: 00005560000000
    • Zoning: HHDR
    • Zoning description: Historic High Density Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Roof: Metal
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1943

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: FKAA

    Community & neighborhood

    Location
    • Region: Key West
    • Subdivision: Old Town - Unrecord (1.0)

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: None

    Price history

    DateEventPrice
    1/16/2024Sold$1,200,000-14%$794/sqft
    Source: FLKMLS #606994 Report a problem
    1/11/2024Pending sale$1,395,000$923/sqft
    Source: FLKMLS #606994 Report a problem
    12/29/2023Contingent$1,395,000$923/sqft
    Source: Key West AOR #606994 Report a problem
    12/12/2023Price change$1,395,000-10%$923/sqft
    Source: Key West AOR #606994 Report a problem
    11/30/2023Price change$1,550,000-3.1%$1,025/sqft
    Source: Key West AOR #606994 Report a problem
    10/12/2023Listed for sale$1,600,000+3.6%$1,058/sqft
    Source: Key West AOR #606994 Report a problem
    9/12/2022Sold$1,545,000+82%$1,022/sqft
    Source: Public Record Report a problem
    12/23/2020Sold$849,000+61.7%$562/sqft
    Source: FLKMLS #593658 Report a problem
    4/2/2008Sold$525,000$347/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,222 -3.5%$1,417,341 -4.2%
    2024$12,666 +8.1%$1,479,786 +10%
    2023$11,715 +37.8%$1,345,260 +46.6%
    2022$8,502 +9.9%$917,809 +10%
    2021$7,734 +156.3%$834,372 +147.1%
    2020$3,018 $337,708 +2.5%
    2019$3,018 +1.8%$329,575 +0.9%
    2018$2,966 -0.2%$326,506 +1.8%
    2017$2,974 +0.8%$320,836 +3.2%
    2016$2,950 -1.6%$311,024 +2.9%
    2015$2,996 $302,351

    Find assessor info on the county website

    Neighborhood: Historic Seaport

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $1,435,900
    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
    $1,435,900