Welcome to 517 Elizabeth Street, located in one of the most prestigious neighborhoods on the island, and in the heart of Old Town Key West. This 4 bedroom, 4 bathroom home offers the perfect combination of Key West charm and tropical living. Just two blocks from the famous Duval Street, and three blocks from Historic Seaport, this home is in prime walking distance to endless opportunities. The first floor consists of a mixed-use office space accompanied by an expansive master bedroom equipped with a spacious walk-in closet and a newly renovated en suite, double vanity bathroom. The beautiful kitchen flows into an open floor plan with an additional 1/2 bath, living room, and dining room. Multiple sets of sliding glass doors lead out to an outdoor living area and pool complete with a waterfall. Completely redesigned by Craig Reynolds, the backyard lends a quiet escape with lush foliage providing 360 of privacy, and a secluded outdoor shower for rinsing off the salty Key West air. The second floor boasts 3 bedrooms, 1 1/2 baths, and a large street- facing balcony, making it perfect to host family and friends. Other notable features: Off-street parking, large enough to fit both a car and golf cart. This home is located in X flood zone. Call for your private showing today!
Sold for $3,750,000
$3,750,000
517 Elizabeth St, Key West, FL 33040
4beds
2,173sqft
Single Family Residence
Built in 1953
5,227.2 Square Feet Lot
$3,750,800 Zestimate®
$1,726/sqft
$7,891 Estimated rent
Home value
$3,750,800
$3.26M - $4.31M
$7,891/mo
Zestimate® history
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$7,891/mo
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$22,475/mo
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Zillow last checked:
Listing updated:
Listed by:
Mason C Kelly 631-603-6123,
Expert Realty LLC (HQ)
Bought with:
Mason C Kelly, 3627786
Expert Realty LLC (HQ)
Source: FLKMLS,MLS#: 616104
Originating MLS: Key West Association
Originating MLS: Key West AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Central
Cooling
- Central Air, Ceiling Fans(s)
Appliances
- Included: Washer, Freezer, Disposal, Microwave, Oven, Refrigerator, Dishwasher, Dryer
- Laundry: Laundry Room
Features
- Pantry, Walk-In Closet(s), Storage, Dade County Pine, Built-in Cabinets
- Flooring: Tile, Combination, Wood, Vinyl
- Doors: Sliding Glass Doors, Impact Rstnce Doors
- Windows: Other Windows/Doors, Panel
Interior area
- Total interior livable area: 2,173 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: Two
- Stories: 2
- Patio & porch: Open Porch/Balcony, Patio
- Exterior features: Water Display, Outdoor Shower
- Has private pool: Yes
- Pool features: Heated, In Ground, Concrete, Salt Water
- Fencing: Fenced,Privacy
- Water view: None
- Waterfront features: None, Dockage: None
Lot
- Size: 5,227 sqft
- Features: Less Than 1/4 Acre
Details
- Parcel number: 00008800000000
- Zoning: HMDR
- Zoning description: Historic Medium Density Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: A-Frame
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Metal
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1953
Utilities & green energy
- Sewer: Municipal Sewer, Public Sewer
- Utilities for property: FKAA, Buyer to Verify
Community & neighborhood
Security
- Security features: Smoke Detector(s), Fire Sprinkler System
Location
- Region: Key West
- Subdivision: Old Town - Unlisted (1.0)
HOA & financial
HOA
- Has HOA: No
- Services included: None
Other
Other facts
- Listing terms: Cash,FHA,VA Loan,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 10/20/2025 | Sold | $3,750,000-6.2%$1,726/sqft |
Source:  FLKMLS #616104 Report a problem | ||
| 10/6/2025 | Pending sale | $3,999,000$1,840/sqft |
Source: FLKMLS #616104 Report a problem | ||
| 9/5/2025 | Contingent | $3,999,000$1,840/sqft |
Source:  Key West AOR #616104 Report a problem | ||
| 8/10/2025 | Listed for sale | $3,999,000+56.8%$1,840/sqft |
Source: Key West AOR #616104 Report a problem | ||
| 1/29/2021 | Sold | $2,550,000+32.5%$1,173/sqft |
Source: FLKMLS #594400 Report a problem | ||
| 5/22/2013 | Sold | $1,925,000-10.4%$886/sqft |
Source: Public Record Report a problem | ||
| 3/27/2013 | Listed for sale | $2,148,000+186.4%$988/sqft |
Source: Prudential Knight & Gardner Realty #117853 Report a problem | ||
| 4/24/2012 | Sold | $750,000-3.2%$345/sqft |
Source: Public Record Report a problem | ||
| 3/31/2012 | Listed for sale | $775,000$357/sqft |
Source: Marquis Properties Realty #116296 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $24,490 +3.4% | $2,908,836 +4.8% |
| 2024 | $23,693 +8.4% | $2,776,516 +10% |
| 2023 | $21,852 +15% | $2,524,105 +12.3% |
| 2022 | $18,999 -5.8% | $2,248,041 -0.3% |
| 2021 | $20,178 +8.3% | $2,255,353 +8.2% |
| 2020 | $18,626 | $2,084,329 +5.3% |
| 2019 | $18,626 +4.3% | $1,978,498 +4.3% |
| 2018 | $17,859 +2% | $1,896,899 -1.5% |
| 2017 | $17,502 +0.9% | $1,925,354 +12.2% |
| 2016 | $17,341 +4.5% | $1,716,732 +15.4% |
| 2015 | $16,587 | $1,487,491 |
Find assessor info on the county website
Neighborhood: Old Town
Nearby schools
GreatSchools rating
- 4/10Gerald Adams Elementary SchoolGrades: PK-5Distance: 3.8 mi
- NAMonroe Virtual Instruction ProgramGrades: K-12Distance: 0.5 mi
- 4/10Key West High SchoolGrades: 9-12Distance: 1.5 mi
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Estimated market value
$3,750,800
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
$3,750,800
- Florida
- Monroe County
- Key West
- 33040
- Old Town
- 517 Elizabeth St
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