418 Olivia Street, Key West, FL 33040

$1,200,000

Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 920 Lot Size (sq. ft.): 3,034 Status: Pending

Current Price: $1,200,000 List Date: 12/10/2025 Last Modified: 5/27/2026

Overview

Description

Transient receiver site - Truly a diamond in the rough. Great location, behind the Hemingway House between Duval and Whitehead Street. Lot backs up to Whalton Lane (off Duval) with room for parking and a pool. Bring your contractor and a transient license to the property and she will truly shine like the Hope Diamond with happiness and prosperity. Buyers should do their own due diligence to determine transient license receivership requirements prior to making an offer. Probate is required.

Listing Details MLS# 617022

Location, Tax & Legal

Street #: 418
Street Name: Olivia
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
Side: Median
Flood Zone: X
Alternate Key #: 1018368
Handicap Access: No
Parcel #: 00017900-000000
Zoning: HRCC(1 - 4) - Hist Res Comm Core 1-4 SF Specl
Deed Restrictions: Unknown
Legal: KW PT LOT 1 SQR 9 TR 4 E2-182 OR910-1463 OR2054-317
Taxes: 9417.61
Tax Year: 2024
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Key West Association
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No

General Property Description

Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: No
Pool: No
Year Built: 1928
Total Units: Yes
Lot SqFt: 3034
Lot Sqft Source: Property Data Card
Acres: 0.07
Living Apx SqFt: 920
SqFt Source: Property Data Card
Total Bedrooms: 3
Full Baths: Yes
Total Baths: Yes
Rentals Allowed: Yes
Control Depth: 0

Status Change Info

Under Contract Date: 2025-12-30
Contingent: Contingent/Show

Association Info

Mandatory Home Owners Asc: No
Condo Doc's: No
Voluntary Home Owners Asc: No
1st Right of Refusal: No
Assoc Approval Req: No
Association Fee $: 0
Maintenance Fee $: 0

Building Style

Above Flood: Yes
Conch: Yes

More Information

Financial Status

Auction: No
Bank Owned: No
Potential Short Sale: No
Standard Sale: Yes

Remarks & Misc

Remarks – Consumer: Transient receiver site - Truly a diamond in the rough. Great location, behind the Hemingway House between Duval and Whitehead Street. Lot backs up to Whalton Lane (off Duval) with room for parking and a pool. Bring your contractor and a transient license to the property and she will truly shine like the Hope Diamond with happiness and prosperity. Buyers should do their own due diligence to determine transient license receivership requirements prior to making an offer. Probate is required.

Fee Includes

None: Yes

Dockage

None: Yes

Tax Exemptions

None: Yes

Appliances

No Appliances: Yes

Pets

Pets Allowed: Yes

Cooling

Wall/Window Unit(s): Yes

Heating

None: Yes

Waterfront

None: Yes

Waterview

No Waterview: Yes

Floor

Combo: Yes

Interior Features

Dade County Pine: Yes

Property Condition

Fixer Upper: Yes

Windows/Doors

Jalousie Windows: Yes
Other Windows/Doors: Yes

Vehicle Storage

Off Street Parking: Yes

Construction

Frame: Yes

Land Size

Less Than 1/4 Acre: Yes

Furnished

Unfurnished: Yes

Terms

Cash: Yes

Utilities

FKAA: Yes
Municipal Sewer: Yes

Title

Negotiable: Yes

Roof

Metal Roof: Yes

Accessibility Feat

None: Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Fixer Upper Building Style: Conch Vehicle Storage: Off Street Parking Furnished: Unfurnished Cooling: Wall/Window Unit(s) Heating: None Utilities: FKAA; Municipal Sewer Interior Features: Dade County Pine Appliances: No Appliances Accessibility Feat: None Construction: Frame Floor: Combo Roof: Metal Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash Title: Negotiable

Listing Office: Keller Williams Key West Compass Realty

Last Updated: May - 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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