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For sale
$5,400,000
6beds
2,993sqft

613 Margaret St, Key West, FL 33040

6beds
2,993sqft
Single family residence
Built in 1900
7,405 sqft
No data
$1,804 price/sqft

What's special

Guest half bathClassic wooden gateFloor-to-ceiling glassLiving spaceCraftsman staircaseSlate-tiled bathsSun-dappled outdoor showers

Step back into timeless Key West soul, where leaf-stamped garden paths, sun-dappled outdoor showers, and the gentle trickle of private pool waterfalls create an unforgettable Old Town sanctuary. Hidden behind a classic wooden gate just moments from the Historic Seaport and Duval Street, this compound offers two private, fully equipped homes on a lush 7,796-sq. ft lot, providing the ultimate luxury island retreat or multi-generational estate. Verdant foliage frames the wrap-around front porch of the front cottage, inviting you to sit back and enjoy quintessential island living. Inside, sky-lit vaulted ceilings with exposed wooden beams pour warm sunshine across white-painted walls and rich wood floors. The light-filled layout centers around an enchanting cottage kitchen filled with warmth and timeless charm that flows seamlessly into the living space and guest half bath. Three bedrooms-each featuring its own private ensuite bath-offer exceptional comfort. Floor-to-ceiling glass draws you out to an outdoor dining area and a sparkling heated pool nestled among vibrant gardens. Wander through the botanical grounds to the rear house, a custom-crafted two-story sanctuary built in 2016. Showcasing exquisite Hickory hardwood floors, whitewashed Cypress interior walls, and slate-tiled baths, this home balances coastal elegance with high-end luxury. The chef's kitchen boasts an elite ILVE range and custom cabinetry, flowing into open living quarters that slide open to the backyard oasis. The main floor offers versatile living with a guest suite that double-functions as a private home office with a built-in Murphy bed. Upstairs, a Craftsman staircase leads to a secondary guest suite with an ensuite bath and a sprawling primary retreat, complete with an oversized spa bath and a private balcony overlooking the second heated waterfall pool. Do not miss this rare chance to own one of Old Town's premier dual-home properties, complete with dedicated off-street parking for two cars.

19 days
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2,916
|
152
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Source: FLKMLS,MLS#: 621215MLS Logo
Travel times

Living Room

Living Room

Kitchen

Bedroom

Bedroom

Bedroom

Bedroom

Zillow last checked:

Listing updated:

Listed by:

Brenda J Donnelly 305-304-1116,

Brenda Donnelly Real Estate LLC

Source: FLKMLS,MLS#: 621215MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 6
  • Bathrooms: 7
  • Full bathrooms: 6
  • 1/2 bathrooms: 1
Cooling
  • Wall/Window Unit(s), Ceiling Fans(s), Ductless
Appliances
  • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Gas Appliances, Stainless Steel Appliance(s)
Features
  • Built-in Features, Dade County Pine, Storage, Walk-in Closet(s), Quartz Countertops
  • Flooring: Tile, Wood
  • Windows: Skylight(s)
  • Furnished: Yes
Interior area
  • Total structure area: 2,993
  • Total interior livable area: 2,993 sqft
Video & virtual tour

Property

Features
  • Patio & porch: Open Porch/Balcony, Deck, Patio
  • Exterior features: Rain Gutters, Outdoor Shower, Storage
  • Has private pool: Yes
  • Pool features: In Ground, Decked
  • Fencing: Fenced,Privacy
Lot
  • Size: 7,405 Square Feet
Details
  • Additional structures: Shed(s)
  • Parcel number: 00011290000000
  • Zoning: HHDR - Historic High Density Residential

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Conch
  • Property subtype: Single Family Residence
Materials
  • Frame, Combo Construction
Condition
  • Updated/Remodeled
  • New construction: No
  • Year built: 1900

Community & HOA

Community
  • Security: Security System
  • Subdivision: Old Town - Unrecord (1.0)
HOA
  • Has HOA: No
  • Services included: None
Location
  • Region: Key West

Financial & listing details

  • Price per square foot: $1,804/sqft
  • Tax assessed value: $3,176,604
  • Annual tax amount: $27,256
  • Date on market: 9/4/2026
  • Listing terms: Cash,Conventional

Price history

DateEventPrice
9/4/2026Listed for sale$5,400,000+11.9%$1,804/sqft
Source: FLKMLS #621215 Report a problem
3/29/2023Sold$4,825,000-3.4%$1,612/sqft
Source: FLKMLS #603537 Report a problem
3/21/2023Pending sale$4,995,000$1,669/sqft
Source: FLKMLS #603537 Report a problem
3/4/2023Contingent$4,995,000$1,669/sqft
Source: FLKMLS #603537 Report a problem
12/26/2022Listed for sale$4,995,000+5.2%$1,669/sqft
Source: FLKMLS #603537 Report a problem
6/20/2022Listing removed--
Source: FLKMLS #600197 Report a problem
5/18/2022Price change$4,749,000-4.9%$1,587/sqft
Source: FLKMLS #600197 Report a problem
3/29/2022Listed for sale$4,995,000$1,669/sqft
Source: FLKMLS #600197 Report a problem
3/28/2022Contingent$4,995,000$1,669/sqft
Source: FLKMLS #600197 Report a problem
3/22/2022Listed for sale$4,995,000$1,669/sqft
Source: FLKMLS #600197 Report a problem

Public tax history

YearProperty taxesTax assessment
2025$27,256 +2%$3,176,604 +1.5%
2024$26,735 +40.2%$3,130,252 +81%
2023$19,072 +18.6%$1,729,851 +10%
2022$16,082 +17.7%$1,572,592 +10%
2021$13,663 +7.3%$1,429,629 +10%
2020$12,738 $1,299,663 +10%
2019$12,738 +13.2%$1,181,512 -7.2%
2018$11,252 -2.1%$1,273,206 -0.5%
2017$11,491 +3.5%$1,279,977 +61%
2016$11,099 +30%$794,818 -11.7%
2015$8,538 $900,361

Find assessor info on the county website

Monthly payment

Est. payment
$32,301/mo
Principal & interest
$28611
Property taxes
$3690
More affordability toolsChevron Right

Estimated market value

$5,060,900

$4.81M - $5.31M

Not available

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: Old Town

Nearby schools

Horace O'bryant School
Grades PK-80.7 miles
3/10
GreatSchools® Rating
Test Score Rating
3/10
Student Progress Rating
3/10
Key West High School
Grades 9-121.3 miles
4/10
GreatSchools® Rating
Test Score Rating
4/10
College Readiness Rating
5/10
Student Progress Rating
2/10