1216 Margaret Street, Key West, FL 33040

$1,400,000

Virtual Tour

https://my.matterport.com/show/?m=gBPLZA63vDP&mls=1

Property Type: Residential Bedrooms: 4 Baths: 6 Square Footage: 1,636 Lot Size (sq. ft.): 4,278 Status: Closed

Current Price: $1,400,000 List Date: 9/09/2020 Last Modified: 4/27/2026

Description

*Property is in process of being converted so that units can be sold separately* Don't miss this rare opportunity to own a Duplex in Old Town, X-Flood Zone. Meet the new island twins, '' Island Retreat'' and ''Island Hideaway''. 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. Both properties come fully-furnished and are turn-key.

More Information MLS# 592466

Contract Information

Listing Board: Key West Association Current Price: $1,400,000 Listing Date: 2020-09-09 Sold Price: $1,400,000

Location, Tax & Legal

KW Neighborhood: Old Town-S of Truman City: KEY WEST Mile Marker: 1 Marathon Neighborhood: N/A Side: Median Flood Zone: 0.2 PCT ANNUAL CHANC Alternate Key #: 1030325 Parcel #: 00029560-000000 Zoning: HMDR - Historic Medium Density Residential Deed Restrictions: Unknown Legal: KW INVESTMENT CO SUB PB1-49 LOT 8 SQR 2 TR 12 OR192-584/85 OR368-607/08 OR757-27/28 OR774-41 OR777-966 OR2628-659D/C OR2 Taxes: 6893.53 Tax Year: 2019 Pub Sewer HkUp: Yes Street #: 1216 Street Name: Margaret Street Suffix: Street Key/Island: Key West State/Province: FL Zip Code: 33040 County: Monroe Subdivision: Investment Co Sub (1.0) Area: 02 - Key West

General Property Description

Realtor.COM Type: Multi-family Waterfront: No Control Depth: 0 Lot SqFt: 4278 Pool: Yes Total Units: 2 Acres: 0.1 SqFt Source: Property Data Card Rentals Allowed: With Restrictions Min Rental Days: 28 Style: Duplex Year Built: 1943 Living Apx SqFt: 1636 Total Bedrooms: 4 Full Baths: 4 Half Baths: 2 Total Baths: 6

Remarks & Misc

Remarks – Consumer: *Property is in process of being converted so that units can be sold separately* Don't miss this rare opportunity to own a Duplex in Old Town, X-Flood Zone. Meet the new island twins, '' Island Retreat'' and ''Island Hideaway''. 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. Both properties come fully-furnished and are turn-key.

Status Change Info

Sold Comments: Thank You Leila. Sold Date: 2021-01-13 Sold Price: $1,400,000 Status: Closed

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee $: 0

License Info

# of City License: 2 Non Trans Rntl Lic: 1

Fee Includes

None: 1

Dockage

None: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Freezer: 1 Microwave: 1 Oven: 1 Range: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1 Heat: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Wood: 1

Interior Features

Cathedral Ceilings: 1 Quartz Countertops: 1

Property Condition

Updated/Remodeled: 1

Building Style

Above Flood: Unknown Ground Level: 1

Windows/Doors

Impact Rstnce Window: 1

Vehicle Storage

Car(s): 2 Off Street Parking: 1

Construction

CBS: 1 Combo Construction: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Furnished: 1

Terms

Cash: 1 Conventional: 1 FHA: 1 VA: 1

Utilities

Buyer to Verify: 1 Elect Separate Meter: 1 FKAA: 1 Municipal Sewer: 1 Water Separate Meter: 1

Porch/Balcony

Deck: 1 Open Porch/Balcony: 1

Exterior Features

Fencing: 1 Lighting: 1 Outdoor Shower: 1 Privacy Wall/Fence: 1

Pool Info

In Ground: 1 Heated: Yes Other Material: PebbleTec Decked: 1

Roof

Metal Roof: 1

Property Features

Fee Includes: None Tax Exemptions: None License Info: Non Trans Rntl Lic Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Updated/Remodeled Building Style: Ground Level Vehicle Storage: Off Street Parking Furnished: Furnished Cooling: Ceiling Fans(s); Central Air; Heat Utilities: Buyer to Verify; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Interior Features: Cathedral Ceilings; Quartz Countertops Appliances: Dishwasher; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Fencing; Lighting; Outdoor Shower; Privacy Wall/Fence Pool Info: In Ground; Decked Construction: CBS; Combo Construction Floor: Wood Roof: Metal Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; FHA; VA

Listing Office: Vacasa Florida, LLC

Last Updated: April - 27 - 2026

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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