316 Virginia Street, Key West, FL 33040

New Listing

$739,000

Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 390 Lot Size (sq. ft.): 2,329 Status: Active

Current Price: $739,000 List Date: 9/21/2026 Last Modified: 9/21/2026

Overview

Description

Opportunity meets location in the heart of Key West's increasingly sought-after Bahama Village. Situated on a generously sized lot, 316 Virginia Street offers an exciting opportunity to expand, renovate and reimagine, creating a quintessential Key West retreat in one of the island's most vibrant and evolving neighborhoods. The property's standout feature is the size and versatility of the lot. A large backyard provides plenty of room for a pool and outdoor living, while off-street parking along the side of the property adds a highly desirable Key West convenience. With no significant tree obstacles to design around, the property offers greater flexibility when planning a renovation and making the most of the outdoor space. And then there's the location. Steps from Truman Waterfront Park, Amphitheater and Fort Zachary Taylor Historic State Park--home to Key West's most beloved beach--some of the island's best recreation is practically at your doorstep. Iconic Key West destinations ... (Read more)

Listing Details MLS# 621364

Location, Tax & Legal

Street #: 316
Street Name: Virginia
Street Suffix: Street
Key/Island: Key West
State/Province: FL
Zip Code: 33040
County: Monroe
Subdivision: Old Town - Unrecord (1.0)
Area: 01 - Key West
KW Neighborhood: Bahama Village
City: KEY WEST
Off Shore Island: No
Mile Marker: 1
Marathon Neighborhood: N/A
Senior Community YN: No
Side: Median
Alternate Key #: 1026786
Parcel #: 00026020000000
Zoning: HMDR - Historic Medium Density Residential
Deed Restrictions: No
Legal: Kw Pb1-25-40 Pt Lot 4 & 5 Sqr 2 Tr 10 H2-312 Or611-52 Or2237-1118 Or2989-203 Or3004-2377 Or3027-10 Or3203-1007
Taxes: 4836.53
Tax Year: 2025
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Key West Association
As is Rght to Inspct: Yes
Species List: Yes

General Property Description

Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: No
Pool: No
Year Built: 1915
Lot SqFt: 2329
Lot Sqft Source: Property Data Card
Acres: 0.05
Living Apx SqFt: 390
SqFt Source: Property Data Card
Total Bedrooms: 2
Full Baths: Yes
Total Baths: Yes
Rentals Allowed: With Restrictions
Control Depth: 0

Association Info

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

Building Style

Above Flood: Unknown
Shotgun: Yes

More Information

Remarks & Misc

Remarks – Consumer: Opportunity meets location in the heart of Key West's increasingly sought-after Bahama Village. Situated on a generously sized lot, 316 Virginia Street offers an exciting opportunity to expand, renovate and reimagine, creating a quintessential Key West retreat in one of the island's most vibrant and evolving neighborhoods. The property's standout feature is the size and versatility of the lot. A large backyard provides plenty of room for a pool and outdoor living, while off-street parking along the side of the property adds a highly desirable Key West convenience. With no significant tree obstacles to design around, the property offers greater flexibility when planning a renovation and making the most of the outdoor space. And then there's the location. Steps from Truman Waterfront Park, Amphitheater and Fort Zachary Taylor Historic State Park--home to Key West's most beloved beach--some of the island's best recreation is practically at your doorstep. Iconic Key West destinations including Duval Street, the Southernmost Point, and the Key West Lighthouse are also just blocks away. With Bahama Village continuing to draw attention for its unique island flavor, walkability, restaurants, entertainment, and proximity to the waterfront, this property is an opportunity to transform an existing Key West cottage into something truly special--with the lot, parking, backyard, and location to bring the vision together. A large lot. Room for a pool. Off-street parking. An exceptional Key West location--and endless potential.

Fee Includes

None: Yes

Dockage

None: Yes

Tax Exemptions

None: Yes

Appliances

No Appliances: Yes

Pets

Pets Allowed: Yes

Waterfront

None: Yes

Waterview

No Waterview: Yes

Vehicle Storage

Off Street Parking: Yes

Construction

Combo Construction: Yes

Land Size

Less Than 1/4 Acre: Yes

Utilities

Buyer to Verify: Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Building Style: Shotgun Vehicle Storage: Off Street Parking Utilities: Buyer to Verify Appliances: No Appliances Construction: Combo Construction Pets: Pets Allowed Land Size: Less Than 1/4 Acre

Listing Office: Engel & Voelkers Key West

Last Updated: September - 21 - 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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