1216 Margaret Street

Key West, FL 33040
  • $1,475,000
  • STATUS: Active
  • ON SITE: 12 days
  • MLS #: 587541
Open House
UPDATED: 152 min ago
$1,475,000
  • 4
    BEDS
  • 0.1
    ACRES
  • 4
    BATHS
  • 2
    1/2 BATHS
  • 1,636
    SQFT
  • $902
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1943
County:

School Ratings & Info

Open House: 10/20 12:00 PM to 3:00 PM

Description

$120,000 Price Improvement since last on the market! Meet the new Island twins, ''Island Retreat'' and ''Island Hideaway''. Don't miss this rare opportunity to own a Duplex in Old Town, X-flood Zone, with 2 off street parking spots, private tropical courtyards and not 1 but 2 private pools! Both homes are fully renovated, restored with love and expanded with new construction under architectural supervision, done with perfection and master craftsmanship. Each unit has 2 bedrooms and 2.5 bathrooms featuring 13' vaulted ceilings, custom cabinetry, high end finishes, central a/c, impact sliding doors & windows, oak floors, quartz, custom tiles, metal roof and pool with superior, pebbletec finish. All furniture. Come see these remarkable tropical cottages in the heart of our island!The duplex has transfer switch and is ready for a generator hook up for each unit. This ideal location is within easy walking or biking distance to everything island life offers including the historic seaport, world class dining, shopping and museums. You can live in one cottage while generating income from the other or just get a cash flow from both. There is a brief history of vacation rental income and all future bookings conveys. Vacation Rental Projection available upon request.

Monthly Payment Calculator



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Brenda Donnelly Group | Berkshire Hathaway HomeServices | Knight & Gardner Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.islandhomeskeywest.com/homes/99489987

1216 Margaret Street Key West, FL 33040

  • Price: $1,475,000
  • Status: Active
  • Updated: 152 min ago
  • MLS #: 587541
4
Beds
4
Baths
2
½ Baths
0.1
Acres
1,636
SQFT
$902
$/SQFT
1943
Built
Neighborhood:
Old Town-S Of Truman
County:
Monroe
Area:
02 - Key West
Property Description
$120,000 Price Improvement since last on the market! Meet the new Island twins, ''Island Retreat'' and ''Island Hideaway''. Don't miss this rare opportunity to own a Duplex in Old Town, X-flood Zone, with 2 off street parking spots, private tropical courtyards and not 1 but 2 private pools! Both homes are fully renovated, restored with love and expanded with new construction under architectural supervision, done with perfection and master craftsmanship. Each unit has 2 bedrooms and 2.5 bathrooms featuring 13' vaulted ceilings, custom cabinetry, high end finishes, central a/c, impact sliding doors & windows, oak floors, quartz, custom tiles, metal roof and pool with superior, pebbletec finish. All furniture. Come see these remarkable tropical cottages in the heart of our island!The duplex has transfer switch and is ready for a generator hook up for each unit. This ideal location is within easy walking or biking distance to everything island life offers including the historic seaport, world class dining, shopping and museums. You can live in one cottage while generating income from the other or just get a cash flow from both. There is a brief history of vacation rental income and all future bookings conveys. Vacation Rental Projection available upon request.
Exterior Features

Above Flood Unknown Construction CbsCombo ConstructionFrame Dockage None Exterior Features FencingLandscape LightingOutdoor ShowerPrivacy Wall/Fence Land Size Less Than 1/4 Acre Pool Info DeckedIn Ground Pool Info Heated Yes Pool Info Other Material Pebbletec Pool YN Yes Porch Balcony Deck Side Median Style Duplex Vehicle Storage Off Street Parking Vehicle Storage Cars 2 Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances DishwasherDryerFreezerMicrowaveOvenRangeRefrigeratorStainless Steel ApplWasher Cooling Heating Ceiling FansCentral A/CHeat Furnished Furnished Interior Features Cathedral CeilingsQuartz Countertops Windows Doors Impact Rstnce Window

Property Features

Assoc Fee 0.00 Assoc Hoa YN No Assoc Right Of Refusal No City Key West Condition Updated/Remodeled Control Depth 0 Deed Restrictions Unknown Fee Includes None Flood Zone X Zone Key West Neighborhood Old Town-S Of Truman License Info Non Trans Rntl Lic Listing Board Key West Association Mile Marker 1.00 Min Rental Days 28.00 Pets Pets Allowed Public Sewer Hookup Yes Rentals Allowed With Restrictions Sq Ft Source Property Data Card Tax Exemptions None Tax Year 2018 Taxes 5140.45 Terms CashConventionalFhaVa Total Units 0.00 Utilities Buyer To VerifyElect Separate MeterFkaaMunicipal SewerWater Separate Meter Zoning Hmdr - Historic Medium Density Residential

Listing courtesy of Miriam Novotny of Vacasa Florida, Llc.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Brenda Donnelly Group | Berkshire Hathaway HomeServices | Knight & Gardner Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
Brenda Donnelly Group | Berkshire Hathaway HomeServices | Knight & Gardner Realty
336 Duval Street
Key West FL, 33040