613 Margaret St, Key West, FL 33040
What's special
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 |
- 2,916 |
- 152 |
Travel times
Living Room
Living Room
Kitchen
Bedroom
Bedroom
Bedroom
Bedroom
Zillow last checked:
Listing updated:
Brenda J Donnelly 305-304-1116,
Brenda Donnelly Real Estate LLC
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
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Listed for sale | $5,400,000+11.9%$1,804/sqft |
Source: | ||
| 3/29/2023 | Sold | $4,825,000-3.4%$1,612/sqft |
Source: | ||
| 3/21/2023 | Pending sale | $4,995,000$1,669/sqft |
Source: | ||
| 3/4/2023 | Contingent | $4,995,000$1,669/sqft |
Source: | ||
| 12/26/2022 | Listed for sale | $4,995,000+5.2%$1,669/sqft |
Source: | ||
| 6/20/2022 | Listing removed | -- |
Source: | ||
| 5/18/2022 | Price change | $4,749,000-4.9%$1,587/sqft |
Source: | ||
| 3/29/2022 | Listed for sale | $4,995,000$1,669/sqft |
Source: | ||
| 3/28/2022 | Contingent | $4,995,000$1,669/sqft |
Source: | ||
| 3/22/2022 | Listed for sale | $4,995,000$1,669/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
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®️.