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318 Margaret Street
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PRICED AT ONLY: $1,590,000

Address: 318 Margaret Street, KEY WEST, FL 33040

Description

Historic charm meets modern comfort in this beautifully preserved 1930 Conch cottage nestled in Key West's sought after Historic Seaport district. This two story, 2 bedroom, 2 bath home (approximately 1,463 sq ft) boasts classic Key West architecture wood siding and a metal roof along with inviting outdoor spaces including an open front porch and a private backyard oasis. Inside, airy living spaces feature hardwood and tile floors, a modern kitchen with granite countertops and stainless steel appliances, and a flexible layout with a bedroom suite on each level for optimal privacy. The tropical back patio is ideal for relaxing or entertaining, complete with a heated swimming pool (plus a cascading waterfall), an outdoor shower, and lush landscaping behind a privacy fence. Practical comforts include a whole house generator and a spacious storage shed, plus the coveted benefit of off street parking a rarity in Old Town. From this prime Old Town location, you can stroll to the Historic Seaport marina, local restaurants, boutiques, and the vibrant Duval Street nightlife. Whether you're seeking a personal island retreat or a high demand vacation rental, this unique property delivers an inviting blend of timeless island charm and excellent investment potential. Please note that pictures were taken before furniture and art were removed. Property is unfurnished.

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More Like This
  • MLS#: 615096 ( Single Family )
  • Street Address: 318 Margaret Street
  • Viewed: 1
  • Price: $1,590,000
  • Price sqft: $1,087
  • Waterfront: No
  • Waterfront Type: None
  • Year Built: 1930
  • Bldg sqft: 1463
  • Bedrooms: 2
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 129

Description

Historic charm meets modern comfort in this beautifully preserved 1930 Conch cottage nestled in Key West's sought after Historic Seaport district. This two story, 2 bedroom, 2 bath home (approximately 1,463 sq ft) boasts classic Key West architecture wood siding and a metal roof along with inviting outdoor spaces including an open front porch and a private backyard oasis. Inside, airy living spaces feature hardwood and tile floors, a modern kitchen with granite countertops and stainless steel appliances, and a flexible layout with a bedroom suite on each level for optimal privacy. The tropical back patio is ideal for relaxing or entertaining, complete with a heated swimming pool (plus a cascading waterfall), an outdoor shower, and lush landscaping behind a privacy fence. Practical comforts include a whole house generator and a spacious storage shed, plus the coveted benefit of off street parking a rarity in Old Town. From this prime Old Town location, you can stroll to the Historic Seaport marina, local restaurants, boutiques, and the vibrant Duval Street nightlife. Whether you're seeking a personal island retreat or a high demand vacation rental, this unique property delivers an inviting blend of timeless island charm and excellent investment potential. Please note that pictures were taken before furniture and art were removed. Property is unfurnished.
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Features
Building and Construction
  • Absolute Longitude: 81.799502
  • Construction: Frame
  • Exterior Features: Fencing, Shed, Privacy Wall/Fence, Outdoor Shower
  • Floor: Tile, Laminate, Wood
  • Porchbalcony: Open Porch/Balcony, Deck
  • Roof: Metal Roof
  • Sqft Source: Tax Records
  • Total Number Of Units: 0.00
Property Information
  • Property Condition: Updated/Remodeled
  • Property Group Id: 19990816212109142258000000
Garage and Parking
  • Vehicle Storage: Off Street Parking
Eco-Communities
  • Pool Info Heated: Yes
  • Pool Info: In Ground
  • Water View: No Waterview
Utilities
  • Cooling: Central Air, Ceiling Fans(s)
  • Kw Neighborhood: Old Town-N of Truman
  • Pets: Pets Allowed
  • Pub Sewer Hkup: Yes
  • Utilities: FKAA, Cable Available, Municipal Sewer
Finance and Tax Information
  • Association Info Association Fee: 0.00
  • Fee Includes: None
  • Tax Year: 2024
Rental Information
  • Min Rental Days: 29.00
  • Rentals Allowed: With Restrictions
Other Features
  • Alternate Key Num: 1003131
  • Appliances: Washer, Wine Cooler, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Association Info 1st Right Of Refusal: No
  • Association Info Mandatory Home Owners Asc: No
  • Deed Restrictions: Unknown
  • Dockage: None
  • Flood Zone: AE
  • Furnished: Unfurnished
  • Interior Features: Drapes/Blinds Incl, Security System, Storage, Cathedral Ceilings
  • Legal Description: KW PT LOT 1 SQR 21 G6-270/71 E-306 OR1203-1249 OR1203-1257/58 OR1203-1243/44 OR1297-1324 OR1483-624 OR1514-414/33 OR151
  • Limitd Reprsntation: No
  • Mile Marker: 1.00
  • Parcel Num: 00003040-000000
  • Pre Wired: Cable
  • Shutters: Accordion
  • Side: Bay/Gulf
  • Style: Single Family
  • Zoning: HMDR - Historic Medium Density Residential
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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