For sale

$1,100,000

738 Olivia St, Key West, FL 33040

1beds

767sqft

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Single Family Residence

Built in 1933

2,178 Square Feet Lot

$-- Zestimate^®

$1,434/sqft

$-- HOA

What's special

Sleeping loftQuartz countertopsGenerously sized lotTop-of-the-line stainless steel appliancesCustom wood cabinetry

Charming Old Town Retreat in X Flood Zone! Step into island living with this beautifully renovated 1-bedroom, 1.5-bath home, plus sleeping loft and cabana, in the heart of Old Town Key West. Thoughtfully updated with quartz countertops, custom wood cabinetry, and top-of-the-line stainless steel appliances, this home seamlessly blends modern comfort with historic charm. A cozy sleeping loft offers extra space for guests or lounging, while a separate structure on the property can serve as a studio, guest room, or private cabana. Nestled on a generously sized lot in the desirable X flood zone, this home also conveys with a 1/10 interest in a private parking lot behind the residence--a rare Key West perk! Don't miss your chance to own a versatile and stylish island escape in one of Key West's most sought-after neighborhoods.

196 days

552

22

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Cooling

Wall/Window Unit(s)

Appliances

Included: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Range, Refrigerator, Dishwasher, Dryer

Features

Cathedral Ceiling(s), Pantry, Loft
Flooring: Tile, Laminate
Windows: Impact Rstnce Window

Interior area

Total interior livable area: 767 sqft

Video & virtual tour

Property

Parking

Parking features: Assigned, Off Street

Features

Patio & porch: Open Porch/Balcony
Fencing: Fenced
Water view: None
Waterfront features: None, Dockage: None

Lot

Size: 2,178 Square Feet
Features: Less Than 1/4 Acre

Details

Parcel number: 00020550000000
Zoning: HDR
Zoning description: High Density Residential
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Conch
Property subtype: Single Family Residence

Materials

Frame
Roof: Metal

Condition

Year built: 1933

Utilities & green energy

Sewer: Municipal Sewer, Public Sewer
Utilities for property: FKAA

Community & HOA

Community

Subdivision: Carletons Compound (1.0)

HOA

Has HOA: No
Services included: None

Location

Region: Key West

Financial & listing details

Price per square foot: $1,434/sqft
Tax assessed value: $1,084,600
Annual tax amount: $3,076
Date on market: 1/2/2026

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/20/2026	Listed for sale	$1,100,000$1,434/sqft
Source: FLKMLS #617909 Report a problem
5/19/2026	Contingent	$1,100,000$1,434/sqft
Source: Key West AOR #617909 Report a problem
3/31/2026	Price change	$1,100,000-12%$1,434/sqft
Source: FLKMLS #617909 Report a problem
1/2/2026	Listed for sale	$1,250,000+143.9%$1,630/sqft
Source: FLKMLS #617909 Report a problem
2/27/2007	Sold	$512,500+4.6%$668/sqft
Source: FLKMLS #103985 Report a problem
10/4/2006	Sold	$490,000+3.2%$639/sqft
Source: Public Record Report a problem
2/23/2004	Sold	$475,000+227.6%$619/sqft
Source: Public Record Report a problem
9/11/1996	Sold	$145,000$189/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,077 +5.5%	$346,980 +2.9%
2024	$2,916 +2%	$337,202 +3%
2023	$2,858 +4.7%	$327,381 +3%
2022	$2,731 -1.5%	$317,846 +3%
2021	$2,774 +1.7%	$308,589 +1.4%
2020	$2,727	$304,329 +2.3%
2019	$2,727 +1.6%	$297,487 +1.9%
2018	$2,683 +0.3%	$291,941 +2.1%
2017	$2,674 +0.6%	$285,937 +2.1%
2016	$2,658 -2.6%	$280,056 +0.7%
2015	$2,730	$278,109

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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