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Sold for $1,485,000
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  • $1,485,000

    628 Margaret St, Key West, FL 33040

    2beds
    796sqft
    Single Family Residence
    Built in 1938
    2,178 Square Feet Lot
    $1,475,600 Zestimate®
    $1,866/sqft
    $4,194 Estimated rent

    Home value

    $1,475,600

    $1.39M - $1.58M

    $4,194/mo

    Zestimate® history
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    What's special

    Welcome to 628 Margaret St. Stunning Key West Cottage Featuring the Winning Trifecta Combination of Ideal Old Town Location, Pool and off-street Parking. Scoring a Full 10 on the walkability score, this residence is the perfect Winter Getaway/Vacation rental with no Honey Do's, just relax and unwind.A Rare find of Concrete Construction, the owners lovingly restored the home with a complete renovation from the Piers to the Roof. The remodel was complete in 2019 with all new interior framing and walls, with a wood panel finish, new tile Floors, New Electrical, Plumbing, Kitchen & bath, New Pool, Deck and New Roof & Piers.With a side Entrance, the design takes full advantage of the Space, with a large Master Suite to the Front of the House and Kitchen and Living room in the back overlooking the Pool and Deck. A second Bedroom and Bath also located on the ground floor and an additional 400 Sq Ft. finished loft with built in bunk beds for your overflow guests.Kitchen features a dazzling Granite Stone Countertop, Custom Cabinetry and Wood Paneled Walls. Both Bathrooms have been finished with a stunning selection of tile, Quartz and Designer Fixtures.Large Impact Pocket Slider door expands from one side of the living room to the other and creates that enviable indoor/outdoor living that truly encompasses Key West Lifestyle. Pool was designed with a gorgeous water feature so you can hear the calming restful sounds of the water and the patio is private and fenced in with the perfect combination of shade and sun from the built in awning. Home is an active vacation rental with some future bookings to convey if desired. Being SOLD turn Key to allow for a seamless move-in experience.Easy to show during the current summer and available for immediate occupancy.

    Zillow last checked:

    Listing updated:

    Listed by:

    Suzanne M Moore 305-797-0699,

    Suzanne Moore Real Estate

    Bought with:

    outside mls - FKBR

    Outside Of MLS - FKBR

    Source: FLKMLS,MLS#: 610591MLS LogoOriginating MLS: Key West Association

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Washer, Stainless Steel Appliance(s), Gas Appliances, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
    Features
    • Built-in Cabinets, Granite Counters, Cathedral Ceiling(s)
    • Flooring: Tile
    • Windows: Drapes/Blinds Incl
    • Furnished: Yes
    Interior area
    • Total interior livable area: 796 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Off Street
    Features
    • Patio & porch: Open Porch/Balcony, Deck, Patio
    • Exterior features: Water Display, Outdoor Shower
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Decked, Salt Water
    • Fencing: Fenced,Privacy
    • Water view: None
    • Waterfront features: None, Dockage: None
    Lot
    • Size: 2,178 sqft
    • Features: Less Than 1/4 Acre
    Details
    • Parcel number: 00011450000000
    • Zoning: HMDR
    • Zoning description: Historic Medium Density Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Conch
    • Property subtype: Single Family Residence
    Materials
    • Concrete
    • Roof: Metal
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1938

    Utilities & green energy

    • Sewer: Municipal Sewer, Public Sewer
    • Utilities for property: FKAA, Propane, Cable Available

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Key West
    • Subdivision: Old Town - Unrecord (1.0)

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: None

    Other

    Other facts
    • Listing terms: Cash,FHA,VA Loan,Conventional

    Price history

    DateEventPrice
    1/6/2026Listing removed$10,000$13/sqft
    Source: Zillow Rentals Report a problem
    12/30/2025Listed for rent$10,000+53.8%$13/sqft
    Source: Zillow Rentals Report a problem
    12/10/2025Listing removed$6,500$8/sqft
    Source: Zillow Rentals Report a problem
    11/18/2025Price change$6,500-18.8%$8/sqft
    Source: Zillow Rentals Report a problem
    9/18/2025Listed for rent$8,000$10/sqft
    Source: Zillow Rentals Report a problem
    9/18/2024Sold$1,485,000-4.2%$1,866/sqft
    Source: FLKMLS #610591 Report a problem
    8/31/2024Pending sale$1,550,000$1,947/sqft
    Source: FLKMLS #610591 Report a problem
    7/19/2024Contingent$1,550,000$1,947/sqft
    Source: FLKMLS #610591 Report a problem
    6/28/2024Listed for sale$1,550,000+150%$1,947/sqft
    Source: FLKMLS #610591 Report a problem
    3/26/2018Sold$620,000+55.4%$779/sqft
    Source: FLKMLS #579336 Report a problem
    2/5/2018Listed for sale$399,000+24.7%$501/sqft
    Source: Coldwell Banker Schmitt RE Co. Lower Keys Office #578604 Report a problem
    6/5/2001Sold$320,000$402/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,504 +12.4%$1,330,101 +27.2%
    2024$10,234 +5.9%$1,045,828 +10%
    2023$9,661 +19.2%$950,753 +10%
    2022$8,103 +21.5%$864,321 +21.3%
    2021$6,670 +4.1%$712,812 +4.1%
    2020$6,405 $685,057 +2.6%
    2019$6,405 +1.6%$667,467 +121.8%
    2018$6,302 +101.9%$300,942 +2.6%
    2017$3,122 +14.5%$293,320 +2.1%
    2016$2,726 $287,287 +0.7%
    2015-- $285,290

    Find assessor info on the county website

    Neighborhood: Old Town

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,475,600
    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
    $1,475,600