1223 Margaret Street 4, KEY WEST, FL

$2,949,000

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4

Beds

5

Baths

2,412

Square feet

3,485

Land Size

About 1223 Margaret Street 4

Turnkey Old Town Key West Luxury Large 3 Story Home! With Pool, Guest Cottage & Off Street Parking! Will make an INCREDIBLE VACATION RENTAL!!Escape to paradise in this exquisite 2412sf 3 story home located in Old Town Key West not far from the Casa Marina area. A rare blend of historic charm and luxury, this fully furnished, turnkey property invites you to live the island dream or step into a ready-to-go monthly vacation rental opportunity. Inside, discover airy open living spaces filled with natural light, high ceilings, and elegant finishes. The kitchen boasts stainless steel appliances, custom cabinetry, and a spacious layout perfect for entertaining. Each of the three bedrooms features a private en-suite bath, with an additional half bath for guests. The primary master suite located on its own floor offers a flexible bonus room--ideal as a 4th bedroom, home office, or private retreat. Step outside to your private resort-style oasis. Lounge by the in-ground concrete heated pool, with hot tub and water fall feature, relax on the front and back porches, or stroll the brick-paved path thru lush tropical landscaping. The property is fully fenced with a white picket fence offering charm and character as well as for privacy. Has an off-street parking spot in the back as well as off street parking in the front and guest parking on the side, a luxury in Old Town. The guest cottage provides a perfect hideaway with its own full bathroom and multifunctional living/bedroom setup perfect for a futon or Murphy bed--ideal for guests, remote work, or rental flexibility. Four cruiser bikes are included for effortless island exploration. Just steps from fine dining, world-class beaches, and vibrant Duval Street, this home delivers the perfect balance of luxury, convenience, and investment potential. Live the ultimate Key West lifestyle--move in, relax, and start earning from day one.1st Floor 720SF 2nd Floor 720SF 3rd Floor 812SFPool House 160SF

Features of 1223 Margaret Street 4

MLS® # 617658
Price $2,949,000
Bedrooms 4
Bathrooms 5.00
Full Baths 4
Half Baths 1
Square Footage 2,412
Land Size 3,485
Year Built 1999
Type Residential
Sub-Type Single Family
Status Active

Community Information

Address 1223 Margaret Street 4
Area 02 - Key West
Subdivision Key West Investment Co Sub (1.0)
City KEY WEST
County Monroe
State FL
Zip Code 33040

Amenities

Utilities FKAA, Water Separate Meter, Elect Separate Meter, Municipal Sewer
Parking Spaces 2
Parking Guest Parking, Off Street Parking
View No Waterview
Is Waterfront No
Waterfront None
Has Pool Yes
Pool In Ground, Decked, Concrete

Interior

Interior Features Split Bedroom, Window Treatments, Built-in Cabinets, Storage, Smoke Alarms, Entrance Foyer
Appliances Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
Heating Electric
Cooling Central Air, Ceiling Fans(s), Wall/Window Unit(s)
Fireplace No
Stories 3 Stories

Exterior

Exterior Features Fencing, Water Display, Privacy Wall/Fence, Lighting, Detached Guest Qtrs
Lot Description Less Than 1/4 Acre
Windows Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
Roof Metal Roof
Construction Frame

Additional Information

Date Listed December 10th, 2025
Days on Market 66
Zoning HMDR - Historic Medium Density Residential
Short Sale No
RE / Bank Owned No
HOA Fees 500.00
HOA Fees Freq. Yearly

Listing Details

AgentStacey Nash Pillari
OfficeBerkshire Hathaway HomeServices Knight & Gardner Realty

Listing Map

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