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508 Virginia Street
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PRICED AT ONLY: $5,299,000

Address: 508 Virginia Street, KEY WEST, FL 33040

Description

This magnificent TRANSIENT rental property with two homes and a heated pool blends privacy with convenience. Nestled in historic Old Town and just steps from Duval Street, this 3 bedroom/3.5 bath complex has a strong rental history. Once home to iconic fashion designers, this gated haven will astonish you. To your right is the main single story building which includes a king bedroom and large, sleek ensuite bath. Vaulted ceilings, skylights, exposed beams, and French doors surround the expansive open concept living room and dining room. The space is bathed in sunlight and perfect for entertaining. At the far end of the main building, you will find a spectacular stainless steel commercial kitchen with a vaulted ceiling and outdoor views. Equipped with prep areas, an island, cabinetry, a double sink, and an oversized gas range with hood, you have everything you need to prepare meals or parties for large groups. A personal Chef would be delighted to cook in this kitchen. As you move out onto the covered porch, you will enjoy indoor outdoor living at its finest. With easy access to the pool, you can spend your afternoon relaxing outdoors. The porch provides a respite from the sun and an area for al fresco dining. The two story home at the rear of the property stacks two spacious bedrooms with ensuite baths and seating areas. Each is complemented with either a balcony or covered porch overlooking the pool. Guests or extended family can mingle around the gorgeous outdoor area or retreat to their own private spaces. Both homes surround the large pool with the convenience of an outdoor shower. The complex's stunning tropical lush landscaping and privacy fencing offers a tranquil oasis including off street parking, a rare amenity in Key West. From here you can walk to Higgs Beach, the Southernmost Point and the shops and restaurants on Duval Street. This opportunity to own a transient rental property in an ideal location won't last long. Call today for a private showing!

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More Like This
  • MLS#: 610908 ( Single Family )
  • Street Address: 508 Virginia Street
  • Viewed: 5
  • Price: $5,299,000
  • Price sqft: $2,323
  • Waterfront: No
  • Waterfront Type: None
  • Year Built: 1945
  • Bldg sqft: 2281
  • Bedrooms: 3
  • Total Baths: 4
  • Full Baths: 3
  • 1/2 Baths: 1
  • Days On Market: 426

Description

This magnificent TRANSIENT rental property with two homes and a heated pool blends privacy with convenience. Nestled in historic Old Town and just steps from Duval Street, this 3 bedroom/3.5 bath complex has a strong rental history. Once home to iconic fashion designers, this gated haven will astonish you. To your right is the main single story building which includes a king bedroom and large, sleek ensuite bath. Vaulted ceilings, skylights, exposed beams, and French doors surround the expansive open concept living room and dining room. The space is bathed in sunlight and perfect for entertaining. At the far end of the main building, you will find a spectacular stainless steel commercial kitchen with a vaulted ceiling and outdoor views. Equipped with prep areas, an island, cabinetry, a double sink, and an oversized gas range with hood, you have everything you need to prepare meals or parties for large groups. A personal Chef would be delighted to cook in this kitchen. As you move out onto the covered porch, you will enjoy indoor outdoor living at its finest. With easy access to the pool, you can spend your afternoon relaxing outdoors. The porch provides a respite from the sun and an area for al fresco dining. The two story home at the rear of the property stacks two spacious bedrooms with ensuite baths and seating areas. Each is complemented with either a balcony or covered porch overlooking the pool. Guests or extended family can mingle around the gorgeous outdoor area or retreat to their own private spaces. Both homes surround the large pool with the convenience of an outdoor shower. The complex's stunning tropical lush landscaping and privacy fencing offers a tranquil oasis including off street parking, a rare amenity in Key West. From here you can walk to Higgs Beach, the Southernmost Point and the shops and restaurants on Duval Street. This opportunity to own a transient rental property in an ideal location won't last long. Call today for a private showing!
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Features
Building and Construction
  • Absolute Longitude: 81.797991
  • Construction: Frame
  • Exterior Features: Detached Guest Qtrs, Storage, Privacy Wall/Fence, Outdoor Shower, Lighting, Rain Gutters
  • Floor: Tile, Concrete, Wood
  • Porchbalcony: Open Porch/Balcony, Patio, Deck
  • Roof: Metal Roof
  • Sqft Source: Property Data Card
Property Information
  • Property Group Id: 19990816212109142258000000
Garage and Parking
  • Vehicle Storage: Off Street Parking
Eco-Communities
  • Off Shore Island: No
  • Pool Info Heated: Yes
  • Pool Info: In Ground, Salt Water
  • Water View: No Waterview
Utilities
  • Cooling: Central Air, Ductless, Ceiling Fans(s)
  • Heating: Propane Stove
  • Kw Neighborhood: Old Town-S of Truman
  • Pets Pets Wrestrictions: YES
  • Pub Sewer Hkup: Yes
  • Utilities: FKAA, Cable Available, Municipal Sewer
  • Windowsdoors: French Doors
Amenities
  • Neighborhood Feature: Beach
Finance and Tax Information
  • Association Info Association Fee: 0.00
  • Fee Includes: None
  • Tax Year: 2023
Rental Information
  • Rentals Allowed: Yes
Other Features
  • Alternate Key Num: 1028517
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Ice Machine, Gas Appliances, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • As Is Rght To Inspct: Yes
  • Association Info 1st Right Of Refusal: No
  • Association Info Mandatory Home Owners Asc: No
  • Deed Restrictions: Unknown
  • Dockage: None
  • Furnished: Furnished
  • Interior Features: Drapes/Blinds Incl, Sky Light(s), Walk-in Closet(s), Smoke Alarms, Fireplace(s), Split Bedroom, Cathedral Ceilings
  • Legal Description: KW SUBS 8 AND 10 PT LOT 3 SQR 5 TR 11 G37-82/83 OR130-272/74 OR343-76/77 OR1043-2178 OR1077-2042/43 OR1078-1560/61 OR111
  • Limitd Reprsntation: No
  • Mile Marker: 1.00
  • Parcel Num: 00027740-000000
  • Side: Median
  • Species List: No
  • Style: Single Family
  • Zoning: HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl
Nearby Subdivisions
Balido Sub (5.0)   Bay Manor (3.0)   Benj Alburys Subd (2.0)   Carletons Compound (1.0)   Coral Reef Estates (3.0)   D T Sweenys Dia (1.0)   East Martello Towers (2.0)   Elamar Estates (3.0)   Filer Boyle Sub (1.0)   Gardens Of Key West (1.0)   Garrison Bight Houseboat Marin   Garrison Bight Marina   George W Nichols Sub (1.0)   Gg Watson Sub (1.0)   Gwynn Sub (1.0)   Hilton Haven Sec 2 A (2.0)   Investment Co Sub (1.0)   Island City Sub (2.0)   Kamien Plat #1 (2.0)   Kamien Plat #2 (2.0)   Key Est Resub Blk 2 (3.0)   Key Estates (3.0)   Key West Estates (4.0)   Key West Fwdn Sub (4.0)   Key West Golf Club Dev (4.0)   Key West Investment Co Sub (1.   Key West Realty Cos Sub (3.0)   Knights Sub (2.0)   Kw All Sub   Land Buyers Assn (3.0)   Lime Grove (3.0)   Lincoln Gard. No. 1 (5.0)   Lincoln Gard. No. 2 (5.0)   Macros Subd (2.0)   Martello Towers (1.0)   Moffats Sub (2.0)   Monroe Investement Co Sub (2.0   New Town - Unlisted (2.0)   New Town - Unrecord (3.0)   Not Applicable   Nuevo Progresso (2.0)   Old Town - Unlisted (1.0)   Old Town - Unrecord (1.0)   Old Town- Unrecord (1.0)   Pearlman Est (4.0)   Pearlman Heights (4.0)   Pearlmans Subd (2.0)   Riviera Shores (3.0)   Riviera Shr Amd Plat (3.0)   Robyn Sub (5.0)   Roosevelt Annex (2.0)   Ser-deb Estates (3.0)   Southernmost Hidaways (1.0)   Summerland Estates   Sunrise Shores (4.0)   Sunset Key (tank) Island Unrcd   Sunshine Sub Plat 1 (3.0)   Terry Lane Court (1.0)   The Foundry (1.0)   The Meadows (1.0)   The Seven Palms - A Key West O   Tropical Bldt & Investment Co    Tropical Building And Investme   Tropical Sub (1.0)   Vista Del Mar (4.0)   W C Maloney Diagram (2.0)   Waddells Subdivision (2.0)   Webb Realty Co Sub (1.0)   White & Pierce Diagram (1.0)   William's Court (1.0)   Windward Park (1.0)  
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